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    2401/2403 E Longfellow Ave, Spokane, WA 99207

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    New
    For Sale
    $640,000

    MULTI_FAMILY - Contemporary - Spokane, WA

    Property size:
    3,246 SF
    Lot size:
    0.07 Acres
    Price / SF:
    $197/SF
    Added:
    Jun 9, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 9 at 9:06 pm

    Property Features for 2401/2403 E Longfellow Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Bathrooms
    6
    Rooms
    Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 2
    Parking
    8
    Window features
    Vinyl Frames
    Appliances
    Tankless Water Heater, Free-Standing Range, Dishwasher, Refrigerator, Disposal, Washer, Dryer, Hard Surface Counters
    Standard status
    Active
    APN
    35041.1130
    Size
    3,246 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Number of units
    2
    Building materials
    Masonite, Siding
    Roof type
    Composition
    Architectural style
    Contemporary

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    Listing Contact
    Seth Maefsky

    Listing agent Seth Maefsky License #25177

    Listing office Keller Williams Realty Coeur d 3931 N Schreiber Way, Coeur d'Alene, WA

    Listing date Jun 9, 2026

    MLS# 202618927 Listing URL

    Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Modern duplex at 2401/2403 E Longfellow, built in 2021
    • Each unit features 3 bedrooms and 2.5 bathrooms
    • Open‑concept floor plan with quartz countertops in each unit
    • Main‑floor laundry in both units
    • Private fenced backyards for each unit
    • Central air and natural gas heating; included appliances include tankless water heater, refrigerator, dishwasher, washer and dryer

    Overview

    This contemporary duplex consists of two separate units, offered together as a single residential income property. Each unit features three bedrooms and 2.5 bathrooms with an open-concept floor plan. The homes include quartz countertops and main-floor laundry, and each unit has a private, fenced backyard for outdoor space and added privacy.

    The property is located at 2401/2403 E Longfellow Ave in Spokane, WA 99207. The listing notes convenience to local schools, parks, shopping, dining, and major commuter routes, supporting everyday accessibility for residents.

    The layout is well suited for an owner-occupant scenario, where one unit can be lived in while the other unit is rented. It also fits investors seeking a two-unit structure with consistent unit amenities across both sides, including similar bedroom and bathroom counts, in-unit laundry access, and private outdoor areas. As a newer duplex-style configuration, it provides straightforward residential income flexibility while maintaining a low-maintenance approach as described in the remarks.

    Local 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 $56.5k $17.40
    − Vacancy −$3.4k −$1.06
    EGI $53.0k $16.34
    − OpEx −$15.9k −$4.90
    NOI $37.1k $11.44
    3,246 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $530.5K
    $464.2K – $618.9K (±1% cap)
    NOI $37,132 @ 7.0% cap · market cap 5.80%
    Second Best
    Apartment 5plus
    $461.2K
    $403.6K – $538.1K (±1% cap)
    NOI $32,285 @ 7.0% cap · market cap 5.04%
    Theoretical Best
    Office A
    $837.5K
    $732.8K – $977.1K (±1% cap)
    NOI $58,623 @ 7.0% cap · market cap 9.16%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.3908
    Latitude
    47.6889

    FAQs

    What type of property is this?
    Duplex - Contemporary two-unit duplex with each side offering three bedrooms, open-concept living, and private fenced backyards.
    Where is this duplex located?
    The property is located at 2401/2403 E Longfellow Ave Spokane, WA.
    What is the asking price?
    The asking price for this property is $640,000.
    What are key features of this property?
    This property features: Modern duplex at 2401/2403 E Longfellow, built in 2021; Each unit features 3 bedrooms and 2.5 bathrooms; Open‑concept floor plan with quartz countertops in each unit
    More about this property
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