Two-Unit Duplex with
For Sale
$335,000
3103 W 13th Ct, Spokane, WA 99224
Each residence is configured with one bedroom and one bathroom.
Property Size1,152 SF
Price / SF$290.80
Days on Market90
Property Features for 3103 W 13th Ct
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 1BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Building Details
Year Built
1942
Buildings
1
Listing Agency:
Realty One Group Eclipse
Listed By:
Farrah Kaufman · License #94146
(509) 624-6873
Source:
Clemensregroup
Added: Jul 20
Changed: Oct 4
Last Checked: Oct 16 at 11:12AM
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 Realty One Group Eclipse
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1942, this duplex contains two one-bedroom, one-bath residences with approximately 550 square feet per unit and 1,152 square feet across the property. Off-street parking is provided for tenants, and the compact layouts offer straightforward residential functionality.
The property at 3103 W 13th Ct is positioned near the I-90 corridor, Spokane International Airport, and Fairchild AFB. Nearby recreation includes Finch Arboretum, the Fish Lake Trail, Riverside State Park, The Palisades Park, and Indian Canyon Golf Course. Downtown Spokane is approximately a five-minute drive away, providing access to dining and entertainment.
The property at 3103 W 13th Ct is positioned near the I-90 corridor, Spokane International Airport, and Fairchild AFB. Nearby recreation includes Finch Arboretum, the Fish Lake Trail, Riverside State Park, The Palisades Park, and Indian Canyon Golf Course. Downtown Spokane is approximately a five-minute drive away, providing access to dining and entertainment.
Key Highlights
- Two‑unit duplex with 1,152 SF total
- Each unit has 1 bed and 1 bath
- Approximately 550 sq ft per unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,178
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,560
$263.6K
Cap Rate 7%
$188,257
$188.3K
Cap Rate 9%
$146,422
$146.4K
Market Conditions
NOI Build-Up for 1,152 SF
Gross rent
$20.0K $17.40/SF
− Vacancy
−$1.2K −$1.06/SF
EGI
$18.8K $16.34/SF
− OpEx
−$5.6K −$4.90/SF
NOI
$13.2K $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%
$263,560
Cap Rate 7%
$188,257
Cap Rate 9%
$146,422
Alternative Uses
Best Use
Multifamily LT 5
$188.3K
$164.7K – $219.6K
NOI $13,178 @ 7.0% cap · market cap 3.93%
Second Best
Apartment 5plus
$163.7K
$143.2K – $191.0K
NOI $11,458 @ 7.0% cap · market cap 3.42%
Theoretical Best
Office A
$297.2K
$260.1K – $346.8K
NOI $20,805 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
Demographics for 99224, WA
24,085
Population
10,559
Households
2.3
Avg Household Size
39
Median Age
41%
College-Educated
96%
High-School Grad
118.8 sq mi
ZIP Area
203
Density / Sq Mi
$76,785
Median Household Income
$50,678
Median Earnings
$1,290
Median Rent
$439,700
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
Frequently Asked Questions
What type of property is this?
Duplex - Each residence is configured with one bedroom and one bathroom.
Where is this duplex located?
The property is located at 3103 W 13th Ct Spokane, WA.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,152 SF total; Each unit has 1 bed and 1 bath; Approximately 550 sq ft per unit
