Duplex with
14010-14012 E Broadway Ave, Spokane, WA 99216
For Sale
$445,000
Both residences have matching layouts, private kitchen decks, and basement space with laundry facilities.
Property Size2,704 SF
Price / SF$164.57
Days on Market282
Property Features for 14010-14012 E Broadway Ave
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
LT Real Estate
(509) 481-0373
Listed By:
Dallas Lightner · License #26840
(509) 315-8720
Source:
Ericksrealty
Added: Jan 30
Changed: Nov 7
Last Checked: Nov 6 at 3:29PM
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 LT Real Estate
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Investment Insights
Based on property information with market context.
This 2,704-square-foot duplex, built in 1971, has two matching residences arranged across two levels and a basement. Each unit includes two upstairs bedrooms and a full bathroom, along with a main-floor living room, kitchen, dining nook, and deck accessed from the kitchen. The basement in each unit contains an additional bedroom and a laundry area with a toilet.
The property also has a backyard and front parking. It is located on E Broadway Ave in Spokane Valley.
The property also has a backyard and front parking. It is located on E Broadway Ave in Spokane Valley.
Key Highlights
- 2,704‑square‑foot duplex built in 1971
- Two mirrored units, each with 2 bedrooms and a full bath upstairs
- Main level in each unit has a living room, kitchen, dining nook, and kitchen‑accessed deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,932
Cap Rate
6.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,640
$618.6K
Cap Rate 7%
$441,886
$441.9K
Cap Rate 9%
$343,689
$343.7K
Market Conditions
NOI Build-Up for 2,704 SF
Gross rent
$47.0K $17.40/SF
− Vacancy
−$2.9K −$1.06/SF
EGI
$44.2K $16.34/SF
− OpEx
−$13.3K −$4.90/SF
NOI
$30.9K $11.44/SF
Area
Spokane, WA
Vacancy
6.08%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,640
Cap Rate 7%
$441,886
Cap Rate 9%
$343,689
Alternative Uses
Best Use
Multifamily LT 5
$441.9K
$386.7K – $515.5K
NOI $30,932 @ 7.0% cap · market cap 6.95%
Second Best
Apartment 5plus
$384.2K
$336.2K – $448.2K
NOI $26,894 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$697.6K
$610.4K – $813.9K
NOI $48,834 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
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
$336,700
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Spokane, WA
Properties on Market for Duplexes in Spokane
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have matching layouts, private kitchen decks, and basement space with laundry facilities.
Where is this duplex located?
The property is located at 14010-14012 E Broadway Ave Spokane, WA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 2,704‑square‑foot duplex built in 1971; Two mirrored units, each with 2 bedrooms and a full bath upstairs; Main level in each unit has a living room, kitchen, dining nook, and kitchen‑accessed deck
