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Tenant-Occupied Duplex
For Sale
$500,000

520 E Wabash Ave, Spokane, WA 99207

Two-unit residential property with established tenancy and access to schools, services, amenities, and major Spokane corridors.

Property SizeContact for details
Days on Market115

Property Features for 520 E Wabash Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,971
Listing Agency: The Paragon Group
Listed By: Peter Clark · License #25005584
Source: Exprealty
Added: May 8 Changed: Aug 29 Last Checked: Aug 29 at 8:28PM

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 The Paragon Group

Investment Insights

Based on property information with market context.

Located at 520 E Wabash Ave in Spokane, Washington, this duplex includes two residential units with long-term tenants in place and rental income currently being generated. The existing occupancy provides an established operating setup for the property.

The duplex is situated in an established residential area of North Spokane with access to schools, services, amenities, and major Spokane corridors. Exterior updates and cosmetic improvements are identified as potential future work, providing a defined avenue for property enhancements without changing the existing two-unit configuration.

Key Highlights

  • Duplex with two residential units
  • Long‑term tenants are already in place
  • Rental income is currently being generated

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Building Supply Storage Facility Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,096
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with established tenancy and access to schools, services, amenities, and major Spokane corridors.
Where is this duplex located?
The property is located at 520 E Wabash Ave Spokane, WA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex with two residential units; Long‑term tenants are already in place; Rental income is currently being generated
More about this property
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