2016-Built Duplex Townhouse
5119 E BUCKEYE Ave Spokane, WA 99217
5119 E BUCKEYE Ave, Spokane, WA, 99217
$529,900
For Sale
$529,900
MULTI_FAMILY - Other - Spokane, WA
Property Size2,731 SF
Lot Size0.23 Acres
Price / SF$194.03
Days on Market69
Property Features for 5119 E BUCKEYE Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Laundry Room, Bathroom 3, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 6, Utility Room, Bathroom 2, Bathroom 1, Bedroom 2
- Parking
- 2
- Window features
- Vinyl Frames
- Patio and Porch features
- Patio
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Microwave
- Standard status
- Active
- APN
- 35111.0246
- Size
- 2,731 SF
- Lot size
- 0.23 Acres
Utilities
- Utilities
- Cable Available
- Heating system
- Ductless (Heating)
- Cooling system
- Wall Unit(s)
Building Details
- Year built
- 2016
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Architectural style
- Other
Listing Agency
Keller Williams Spokane - Main
(509) 458-4000
534 E Spokane Falls Blvd Suite 300, Spokane, WA
Listed by
Richard Prasser
(509) 458-4000
Added: May 12 Checked: Jul 19 at 4:06 am
MLS# 202617216
Listing URL
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.
Built in 2016, this well-maintained duplex features two townhouse-style units with a bright, open-concept main floor. Each unit offers three bedrooms and 2.5 bathrooms, including a primary suite with an en-suite bath. The living area flows to a modern kitchen with a breakfast bar and ample storage, and each home has a backyard patio and large windows for natural light.
Located at 5119 E Buckeye Ave in Spokane, the property sits along the Spokane River and is steps from the Centennial Trail. The setting offers a level yard and includes automatic sprinklers. Each unit is equipped with main-floor laundry and central air conditioning, along with an oversized attached one-car garage.
This configuration can fit buyers seeking either an investment or an owner-occupant arrangement. With separate townhouse-style layouts, in-unit laundry, central air, and attached garages for each unit, the property offers practical, modern comforts while maintaining a neighborhood setting close to shopping, dining, and Gonzaga University.
Located at 5119 E Buckeye Ave in Spokane, the property sits along the Spokane River and is steps from the Centennial Trail. The setting offers a level yard and includes automatic sprinklers. Each unit is equipped with main-floor laundry and central air conditioning, along with an oversized attached one-car garage.
This configuration can fit buyers seeking either an investment or an owner-occupant arrangement. With separate townhouse-style layouts, in-unit laundry, central air, and attached garages for each unit, the property offers practical, modern comforts while maintaining a neighborhood setting close to shopping, dining, and Gonzaga University.
Key Highlights
- 2016‑built duplex with townhouse‑style layout near the Spokane River and Centennial Trail
- Each unit offers 3 bedrooms and 2.5 bathrooms, including a primary suite with an en‑suite bath
- Main‑floor laundry in each unit plus ductless heating and wall A/C units
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.5k | $17.40 |
| − Vacancy | −$2.9k | −$1.06 |
| EGI | $44.6k | $16.34 |
| − OpEx | −$13.4k | −$4.90 |
| NOI | $31.2k | $11.44 |
2,731 SF · lease $17.40/SF/yr · vacancy 6.08% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$446.3K
$390.5K – $520.7K
NOI $31,241 @ 7.0% cap · market cap 5.90%
Second Best
Apartment 5plus
$388.0K
$339.5K – $452.7K
NOI $27,162 @ 7.0% cap · market cap 5.13%
Theoretical Best
Office A
$704.6K
$616.5K – $822.0K
NOI $49,322 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Well-maintained 2016 duplex with two townhouse-style units, each offering 3 bedrooms, 2.5 baths, and an attached 1-car garage.
Where is this duplex located?
The property is located at 5119 E BUCKEYE Ave Spokane, WA.
What is the asking price?
The asking price for this property is $529,900.
What are key features of this property?
This property features: 2016‑built duplex with townhouse‑style layout near the Spokane River and Centennial Trail; Each unit offers 3 bedrooms and 2.5 bathrooms, including a primary suite with an en‑suite bath; Main‑floor laundry in each unit plus ductless heating and wall A/C units
