Duplex with Private
New
For Sale
$675,000
420 E Euclid Ave, Spokane, WA 99207
Residential Income, Spokane, WA
Property Size3,000 SF
Lot Size0.16 Acres
Price / SF$225
Days on Market5
Property Features for 420 E Euclid Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 5, Bathroom 1, Bedroom 6, Bedroom 5, Bathroom 3, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 6, Bedroom 4
Parking
6
Parking features
Alley, Underground/Basement, Open
Window features
Vinyl Frames
Patio and Porch features
Patio
Basement
Crawl Space
Appliances
Free-Standing Range, Dishwasher, Refrigerator, Microwave, Hard Surface Counters
Lot features
Fenced Yard, Level
Elementary school
Logan
Middle school
Shaw
High school
Lewis & Clark
Elementary school district
Spokane Dist 81
Standard status
Active
APN
35082.0502
Size
3,000 SF
Lot size
0.16 Acres
Utilities
Heating system
Forced Air, Ductless (Heating), Heat Pump (Heating)
Cooling system
Ductless
Amenities
private fenced backyards
gated access
stainless steel appliances
quartz surfaces
walk-in closet
double-sink bath
laundry closet
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Masonite, Shake Siding
Roof type
Composition
Architectural style
Other
Listing Agency:
Kelly Right Real Estate of Spokane
(509) 489-7000
Listed By:
Jared Urbick · License #24022549
(509) 262-4178
Added: Oct 1
Last Checked: Oct 5 at 4:06PM
MLS# 202625071
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.
Under construction, this duplex contains two residences, each with three bedrooms and 2.5 bathrooms. The main floor connects the living and kitchen areas; upstairs are a primary suite with a walk-in closet and double-sink bathroom, two additional bedrooms, a full bath, and a laundry closet. Kitchens feature quartz counters, stainless steel appliances, and ample cabinetry. Each residence also has a garage, driveway space, additional parking at the rear, and a gated, fenced backyard.
The property is near Spokane’s University District, SCC, and downtown shopping and dining. Its 0.1608-acre lot is located at 420 E Euclid Ave.
The property is near Spokane’s University District, SCC, and downtown shopping and dining. Its 0.1608-acre lot is located at 420 E Euclid Ave.
Key Highlights
- Two residences, each with 3 bedrooms and 2.5 bathrooms
- Each residence has a garage, driveway parking, and additional rear parking
- Separate fenced backyards with gated access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,318
Cap Rate
5.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,360
$686.4K
Cap Rate 7%
$490,257
$490.3K
Cap Rate 9%
$381,311
$381.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$52.2K $17.40/SF
− Vacancy
−$3.2K −$1.06/SF
EGI
$49.0K $16.34/SF
− OpEx
−$14.7K −$4.90/SF
NOI
$34.3K $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%
$686,360
Cap Rate 7%
$490,257
Cap Rate 9%
$381,311
Alternative Uses
Best Use
Multifamily LT 5
$490.3K
$429.0K – $572.0K
NOI $34,318 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$426.3K
$373.0K – $497.3K
NOI $29,838 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$774.0K
$677.3K – $903.0K
NOI $54,180 @ 7.0% cap · market cap 8.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
550
Businesses Nearby
Explore this area
Business Placement
Demographics for 99207, WA
32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines a three-bedroom layout with garage parking and a separately fenced outdoor area.
Where is this duplex located?
The property is located at 420 E Euclid Ave Spokane, WA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two residences, each with 3 bedrooms and 2.5 bathrooms; Each residence has a garage, driveway parking, and additional rear parking; Separate fenced backyards with gated access
