Two-Unit Duplex with
For Sale
$659,000
419 E E St, Deer Park, WA 99006
Both residences feature open living areas, attached garages, and separate fenced backyards.
Property Size2,884 SF
Price / SF$228.50
Days on Market55
Property Features for 419 E E St
General Information
Standard status
Active
Size
2,884 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
High Speed Internet
Building Details
Building Size
2,884 SF
Year Built
2021
Stories
2
Units
2
Listing Agency:
Kelly Right Real Estate of Spokane
(509) 489-7000
Listed By:
Konstantin Velikodnyy · License #112734
(509) 994-3226
Source:
Ericksrealty
Added: Sep 1
Changed: Oct 24
Last Checked: Oct 23 at 5:28PM
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 Kelly Right Real Estate of Spokane
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Investment Insights
Based on property information with market context.
Built in 2021, this duplex contains two 1,442-square-foot residences, each with three bedrooms and 2.5 bathrooms. The open-concept layouts include a primary suite with a private bath. Interior finishes include granite countertops, subway tile backsplashes, and durable flooring.
Each unit has its own attached garage and fully fenced backyard. The property is located at 419 E E St in Deer Park, Washington.
Each unit has its own attached garage and fully fenced backyard. The property is located at 419 E E St in Deer Park, Washington.
Key Highlights
- Two residences, each measuring 1,442 sq ft
- Each unit has 3 bedrooms and 2.5 bathrooms
- Built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,010
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,200
$640.2K
Cap Rate 7%
$457,286
$457.3K
Cap Rate 9%
$355,667
$355.7K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$49.5K $17.16/SF
− Vacancy
−$3.8K −$1.30/SF
EGI
$45.7K $15.86/SF
− OpEx
−$13.7K −$4.76/SF
NOI
$32.0K $11.10/SF
Area
Spokane County, WA
Vacancy
7.60%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$640,200
Cap Rate 7%
$457,286
Cap Rate 9%
$355,667
Alternative Uses
Best Use
Multifamily LT 5
$457.3K
$400.1K – $533.5K
NOI $32,010 @ 7.0% cap · market cap 4.86%
Second Best
Apartment 5plus
$420.3K
$367.8K – $490.3K
NOI $29,420 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$666.4K
$583.1K – $777.5K
NOI $46,649 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
485
Businesses Nearby
Explore this area
Business Placement
Demographics for 99006, WA
13,711
Population
5,287
Households
2.6
Avg Household Size
43
Median Age
16%
College-Educated
94%
High-School Grad
164.1 sq mi
ZIP Area
84
Density / Sq Mi
$65,375
Median Household Income
$41,198
Median Earnings
$970
Median Rent
$366,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature open living areas, attached garages, and separate fenced backyards.
Where is this duplex located?
The property is located at 419 E E St Deer Park, WA.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: Two residences, each measuring 1,442 sq ft; Each unit has 3 bedrooms and 2.5 bathrooms; Built in 2021
