Duplex with Fenced
For Sale
$539,900
310 S Union Rd, Spokane Valley, WA 99206
Residential Income, Spokane Valley, WA
Property Size3,078 SF
Lot Size0.16 Acres
Price / SF$175.41
Days on Market46
Property Features for 310 S Union Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Bedroom 7, Bedroom 3, Bathroom 1, Laundry Room, Bathroom 3, Bedroom 1, Utility Room, Bedroom 2, Bedroom 8, Bedroom 5, Bathroom 2, Bedroom 6, Bathroom 4
Parking
2
Parking features
Open
Window features
Vinyl Frames
Patio and Porch features
Patio
Appliances
Free-Standing Range, Dishwasher, Refrigerator
Lot features
Fenced Yard, Sprinkler - Automatic, Level
Elementary school
Opportunity
Middle school
North Pines
High school
University
Elementary school district
Central Valley
Directions
GPS is accurate
Standard status
Active
APN
45211.0908
Size
3,078 SF
Lot size
0.16 Acres
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Amenities
gas forced-air heat
central A/C
fenced backyard
Building Details
Year built
2010
Floors in Building
2
Number of units
2
Building materials
Siding
Roof type
Composition
Listing Agency:
Windermere Manito, LLC
Listed By:
Joe Lanet
(509) 747-1051
Added: Sep 3
Changed: Oct 17
Last Checked: Oct 18 at 10:06PM
MLS# 202623702
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.
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Investment Insights
Based on property information with market context.
This Spokane Valley duplex contains 3,078 square feet across two residences on a 0.155-acre lot. Each side has four bedrooms, 2.5 bathrooms and a one-car garage. Both residences include gas forced-air heating, central air conditioning, a fenced backyard and a sprinkler system. The building was constructed in 2010 and has siding and a composition roof.
Shopping, services and a bus route are nearby. The property is at 310 S Union Rd in Spokane Valley.
Shopping, services and a bus route are nearby. The property is at 310 S Union Rd in Spokane Valley.
Key Highlights
- Two residences, each with 4 bedrooms, 2.5 bathrooms and a 1‑car garage
- 3,078‑square‑foot building on a 0.155‑acre lot
- Built in 2010
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,686
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,720
$533.7K
Cap Rate 7%
$381,229
$381.2K
Cap Rate 9%
$296,511
$296.5K
Market Conditions
NOI Build-Up for 3,078 SF
Gross rent
$40.6K $13.20/SF
− Vacancy
−$2.5K −$0.81/SF
EGI
$38.1K $12.39/SF
− OpEx
−$11.4K −$3.72/SF
NOI
$26.7K $8.67/SF
Area
Spokane Valley, WA
Vacancy
6.17%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$533,720
Cap Rate 7%
$381,229
Cap Rate 9%
$296,511
Alternative Uses
Best Use
Multifamily LT 5
$381.2K
$333.6K – $444.8K
NOI $26,686 @ 7.0% cap · market cap 4.94%
Second Best
Apartment 5plus
$352.8K
$308.7K – $411.6K
NOI $24,693 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$668.6K
$585.1K – $780.1K
NOI $46,805 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
Business Placement
Demographics for 99206, WA
39,842
Population
17,339
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
95%
High-School Grad
23.4 sq mi
ZIP Area
1,703
Density / Sq Mi
$75,538
Median Household Income
$42,018
Median Earnings
$1,174
Median Rent
$362,100
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
Frequently Asked Questions
What type of property is this?
Duplex - Built in 2010, the property pairs eight total bedrooms with central air, gas heat and individual garages.
Where is this duplex located?
The property is located at 310 S Union Rd Spokane Valley, WA.
What is the asking price?
The asking price for this property is $539,900.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms, 2.5 bathrooms and a 1‑car garage; 3,078‑square‑foot building on a 0.155‑acre lot; Built in 2010
