Two-Story Duplex with Attached
4311 Centennial, Spokane Valley, WA 99212
For Sale
New
$725,000
Each residence offers three bedrooms, three bathrooms, central air conditioning, and a landscaped yard with an irrigation system.
Property Size3,162 SF
Price / SF$229.29
Days on Market7
Property Features for 4311 Centennial
General Information
Standard status
Size
Property subtype
Additional Details
HOA Fee
Sprinkler System
Multifamily Units
Amenities
Garage: Attached, Garage Door Opener
Garage Spaces: 2
Attached, Garage Door Opener
2
Building Details
Year Built
Buildings
Stories
Listing Agency:
Coldwell Banker Tomlinson
Listed By:
Barb Pielli · License #41414
(509) 714-5071
Source:
Clearwaterproperties
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 2:59PM
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 Coldwell Banker Tomlinson
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2019, this two-story duplex contains 3,162 square feet. Each residence has three bedrooms and three bathrooms, with an upper-level primary suite featuring vaulted ceilings, a walk-in closet, and an en-suite bath. The kitchens include stainless steel appliances, quartz counters, upgraded soft-close cabinetry, and a pantry. LVP flooring and detailed trim are also present. Full-size laundry equipment is located on the bedroom level, and each home has a patio entrance through a sliding glass door.
The property includes two attached garages with door openers, central air conditioning, and high-efficiency gas forced-air furnaces. Landscaped grounds are served by a full sprinkler system. The HOA is $300 per year and covers snow removal.
The property includes two attached garages with door openers, central air conditioning, and high-efficiency gas forced-air furnaces. Landscaped grounds are served by a full sprinkler system. The HOA is $300 per year and covers snow removal.
Key Highlights
- Two‑story duplex built in 2019
- 3,162 square feet
- Three bedrooms and three bathrooms in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,414
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,280
$548.3K
Cap Rate 7%
$391,629
$391.6K
Cap Rate 9%
$304,600
$304.6K
Market Conditions
NOI Build-Up for 3,162 SF
Gross rent
$41.7K $13.20/SF
− Vacancy
−$2.6K −$0.81/SF
EGI
$39.2K $12.39/SF
− OpEx
−$11.7K −$3.72/SF
NOI
$27.4K $8.67/SF
Area
Spokane Valley, WA
Vacancy
6.17%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$548,280
Cap Rate 7%
$391,629
Cap Rate 9%
$304,600
Alternative Uses
Best Use
Multifamily LT 5
$391.6K
$342.7K – $456.9K
NOI $27,414 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$362.4K
$317.1K – $422.8K
NOI $25,367 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$686.9K
$601.0K – $801.4K
NOI $48,083 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 99212, WA
21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Spokane Valley, WA
Properties on Market for Duplexes in Spokane Valley
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, three bathrooms, central air conditioning, and a landscaped yard with an irrigation system.
Where is this duplex located?
The property is located at 4311 Centennial Spokane Valley, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Two‑story duplex built in 2019; 3,162 square feet; Three bedrooms and three bathrooms in each residence
