New-Construction
For Sale
$675,000
420 Euclid, Spokane, WA 99207
Two three-bedroom residences feature private fenced yards, individual garages, and separate laundry closets.
Property Size3,000 SF
Price / SF$225
Days on Market14
Property Features for 420 Euclid
General Information
Standard status
Active
Size
3,000 SF
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Amenities
Garage: Attached, Underground, Garage Door Opener, Alley Access
Garage Spaces: 2
Style: Traditional
Traditional
Attached, Underground, Garage Door Opener, Alley Access
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Kelly Right Real Estate of Spokane
Listed By:
Jared Urbick · License #24022549
(509) 489-7000
Source:
Clearwaterproperties
Added: Oct 2
Changed: Oct 15
Last Checked: Oct 14 at 11:07PM
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.
Completed in 2026, this duplex contains two 1,388-square-foot residences, each with three bedrooms and 2.5 bathrooms. Both units have a main-level living area connected to a kitchen with quartz surfaces, cabinetry, and stainless steel appliances. Upstairs, each layout includes a primary suite with a walk-in closet and double-sink bathroom, two additional bedrooms, a full bathroom, and a laundry closet.
Each residence has its own garage and driveway space, along with additional rear parking and a private fenced backyard with gated access. The property is at 420 Euclid in Spokane, near the University District, SCC, and downtown shopping and dining.
Each residence has its own garage and driveway space, along with additional rear parking and a private fenced backyard with gated access. The property is at 420 Euclid in Spokane, near the University District, SCC, and downtown shopping and dining.
Key Highlights
- Two‑unit duplex completed in 2026
- Each residence offers 1,388 square feet, 3 bedrooms, and 2.5 bathrooms
- Individual garages, driveway space, and rear parking for each unit
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.
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Property Analytics
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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
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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 - Two three-bedroom residences feature private fenced yards, individual garages, and separate laundry closets.
Where is this duplex located?
The property is located at 420 Euclid 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‑unit duplex completed in 2026; Each residence offers 1,388 square feet, 3 bedrooms, and 2.5 bathrooms; Individual garages, driveway space, and rear parking for each unit
