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Remodeled Duplex with Carports
For Sale
$525,000

557 E Broad Ave, Spokane, WA 99203

Two four-bedroom units offer family rooms, fireplaces, and separate carports.

Property SizeContact for details
Days on Market29

Property Features for 557 E Broad Ave

General Information

Standard status Active
Total Parking Spaces 2
Property subtype Multi-Family

Property Condition

Severity Repairs Needed
Evidence could use a little love

Units

Unit Mix 2 x 4BR/1.75BA
Multifamily Units 2

Amenities

carports
washer/dryer hookups
fireplace

Building Details

Year Built 1972
Listing Agency: SDS Realty, Inc.
Listed By: Jay Overholser · License #43093
Source: Clemensregroup
Added: Aug 2 Changed: Aug 30 Last Checked: Aug 25 at 4:21AM

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 SDS Realty, Inc.

Investment Insights

Based on property information with market context.

This duplex contains two four-bedroom, 1.75-bath units, each with a family room and fireplace. Unit 559 received a complete remodel in 2022, while improvements to Unit 557 are nearing completion. The property includes electric baseboard heat, wall fan heaters, dishwashers, washer/dryer hookups, vinyl windows, and a dedicated carport for each residence.

The roof and gutters were replaced in 2020. Unit 557 is currently vacant, allowing showings and supporting an owner-occupant arrangement. The property was built in 1972 and is accessed from the west side entrance at 557 Broad, with Unit 559 also included in the duplex configuration.

Key Highlights

  • Two 4br/1.75ba units, each with a family room and fireplace
  • Unit 559 fully remodeled in 2022
  • Unit 557 update nearing completion and currently vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply HVAC Service Electrical Service Locksmith Big Box & Wholesale Store

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

867
Businesses Nearby

Demographics for 99203, WA

21,072
Population
9,742
Households
2.2
Avg Household Size
43
Median Age
57%
College-Educated
99%
High-School Grad
4.6 sq mi
ZIP Area
4,581
Density / Sq Mi
$95,532
Median Household Income
$56,122
Median Earnings
$1,243
Median Rent
$449,100
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 four-bedroom units offer family rooms, fireplaces, and separate carports.
Where is this duplex located?
The property is located at 557 E Broad Ave Spokane, WA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two 4br/1.75ba units, each with a family room and fireplace; Unit 559 fully remodeled in 2022; Unit 557 update nearing completion and currently vacant
More about this property
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