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Two-Unit Residential Duplex
For Sale
$720,000

13803 E Rich Ave, Spokane Valley, WA 99216

Both residences are leased, with terms ending in early 2027.

Property SizeContact for details
Days on Market302

Property Features for 13803 E Rich Ave

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $50,400
Average Monthly Rent $2,100

Units

Unit Mix 2 x 4BR/2BA
Multifamily Units 2

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,997

Amenities

Smart Thermostat

Building Details

Year Built 2024
Stories 1
Units 2
Tenancy Multi
Listing Agency: Windermere City Group
Listed By: Blythe Thimsen
Source: Ericksrealty
Added: Jan 1 Changed: Oct 25 Last Checked: Oct 29 at 8:20PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere City Group

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Investment Insights

Based on property information with market context.

Built in 2024, this duplex has two residences, each with four bedrooms and two bathrooms. Both units are currently leased, with terms ending in January 2027 and February 2027, respectively.

Key Highlights

  • 2024 construction
  • Two leased residences, each with 4 bedrooms and 2 bathrooms
  • Lease terms end in January 2027 and February 2027

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

115
Businesses Nearby

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased, with terms ending in early 2027.
Where is this duplex located?
The property is located at 13803 E Rich Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: 2024 construction; Two leased residences, each with 4 bedrooms and 2 bathrooms; Lease terms end in January 2027 and February 2027
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