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Duplex with Three-Bedroom Units
For Sale
$385,000

316 N Silver Lake Ave, Medical Lake, WA 99022

Residential Income, Medical Lake, WA

Property SizeContact for details
Lot Size0.29 Acres
Days on Market142

Property Features for 316 N Silver Lake Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bedroom 6, Bedroom 3, Bathroom 1
Parking features Offsite
Window features Vinyl Frames
Interior features Hot Water
Basement Crawl Space
Appliances Free-Standing Range, Dishwasher, Refrigerator
Elementary school Hallett
Middle school Medical Lake
Elementary school district Medical Lake
Directions GPS will take you there
Standard status Active
Lot size 0.29 Acres

Utilities

Heating system Forced Air, Electric (Heating), Natural Gas

Building Details

Year built 1971
Floors in Building 2
Number of units 2
Building materials Siding
Roof type Composition
Listing Agency: eXp Realty, LLC
Listed By: Wendy Armes
Added: May 8 Changed: Sep 25 Last Checked: Sep 26 at 6:06PM
MLS# 202617019

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.

Investment Insights

Based on property information with market context.

This duplex contains two residential units, each arranged with three bedrooms, one bathroom, and approximately 1,120 square feet of living area. The property was built in 1971 and features siding, a composition roof, and hot water service. Unit appliances include a free-standing range, dishwasher, and refrigerator, with heating provided by electric and forced-air systems.

The property is located at 316 N Silver Lake Ave in Medical Lake, Washington, within Spokane County. The surrounding area provides access to Spokane International Airport, Eastern Washington University, Fairchild Air Force Base, Amazon facilities, and downtown Spokane. West Plains lakes, trails, boating, fishing, and other recreation are also identified in the surrounding context.

Key Highlights

  • Two‑unit duplex with 3‑bedroom, 1‑bath residences
  • Each unit offers approximately 1,120 square feet
  • Situated on a 0.29‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Catering Service Butcher Parking Lot & Garage Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

96
Businesses Nearby

Demographics for 99022, WA

8,867
Population
3,564
Households
2.5
Avg Household Size
43
Median Age
31%
College-Educated
96%
High-School Grad
68.3 sq mi
ZIP Area
130
Density / Sq Mi
$90,814
Median Household Income
$45,469
Median Earnings
$838
Median Rent
$345,600
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units feature practical floor plans, appliance packages, and electric and forced-air heating.
Where is this duplex located?
The property is located at 316 N Silver Lake Ave Medical Lake, WA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 1‑bath residences; Each unit offers approximately 1,120 square feet; Situated on a 0.29‑acre lot
More about this property
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