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13414/ 16 E 26TH Ave, Spokane Valley, WA, 99216
Duplex with Fenced Backyard

13414/ 16 E 26TH Ave Spokane Valley, WA 99216

For Sale
$464,900
Pending

MULTI_FAMILY - Spokane Valley, WA

Property Size1,928 SF
Lot Size0.29 Acres
Days on Market1603

Property Features for 13414/ 16 E 26TH Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RES
Bedrooms
4
Rooms
Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 1
Parking features
Open
Patio and Porch features
Patio, Deck
Interior features
Fireplace, High Speed Internet, Main Floor Utilities
Exterior features
Open Deck
Fireplace
1
Basement
Finished, Walk-Out Access, None, Daylight
Standard status
Pending
APN
45274,1802
Size
1,928 SF
Lot size
0.29 Acres

Taxes and HOA fees

Tax Year
2020
Tax Description
LOT 2, BLOCK 3, HILLCREST ACRES, THIRD ADD.
Tax Annual Amount
3121

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Baseboard, Electric (Heating), Wood, Fireplace(s)
Water source
Public

Building Details

Year built
1972
Number of units
2
Building materials
Wood Siding, Frame
Roof type
Composition
Architectural style
Other
Listing Agency: Sayles Real Estate LLC
Listed By: Bill Shine · License #SP22315
Added: Mar 5, 2022 Changed: Jul 24 Last Checked: Jul 25 at 3:06AM
MLS# 22-1427

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained duplex is set up as two separate units, each featuring 2 bedrooms and 1 bathroom. Interior layouts include a kitchen and dining area, a laundry area, and a living room with a fireplace, along with a deck or patio space. Exterior appeal is supported by landscaping and a large fenced backyard.

The property is located in a quiet, well-kept area with proximity to schools and parks, along with easy transportation routes and access to shopping and restaurants.

Each unit also includes a nice oversized 1-car garage and there is a double drive for additional parking. The property is zoned RES.

Key Highlights

  • Duplex built in 1972 with each unit offering 2 bedrooms and 1 bathroom
  • Each unit includes a kitchen, dining area, living room with a fireplace, and a dedicated laundry area
  • Exterior features include a patio and deck, plus a large fenced backyard

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $25.4k $13.20
− Vacancy −$1.6k −$0.81
EGI $23.9k $12.39
− OpEx −$7.2k −$3.72
NOI $16.7k $8.67
1,928 SF · lease $13.20/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$238.8K
$209.0K – $278.6K (±1% cap)
NOI $16,716 @ 7.0% cap · market cap 3.60%
Second Best
Apartment 5plus
$221.0K
$193.3K – $257.8K (±1% cap)
NOI $15,467 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$418.8K
$366.5K – $488.6K (±1% cap)
NOI $29,318 @ 7.0% cap · market cap 6.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Dental Office Building Supply Auto Repair Shop Daycare Center HVAC Service Spa & Massage Center Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Well-maintained duplex with large fenced backyard, each unit offering 2 bedrooms, 1 bath, and its own garage.
Where is this duplex located?
The property is located at 13414/ 16 E 26TH Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $464,900.
What are key features of this property?
This property features: Duplex built in 1972 with each unit offering 2 bedrooms and 1 bathroom; Each unit includes a kitchen, dining area, living room with a fireplace, and a dedicated laundry area; Exterior features include a patio and deck, plus a large fenced backyard
More about this property
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