Duplex with Oversized
New
For Sale
$659,900
6027 N Smith St, Spokane, WA 99208
Residential Income, Spokane, WA
Property Size3,080 SF
Lot Size0.15 Acres
Price / SF$214.25
Days on Market5
Property Features for 6027 N Smith St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 4, Bedroom 6, Bedroom 1, Bedroom 5, Bathroom 2, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 6, Bathroom 5, Bedroom 3, Bathroom 1
Parking
6
Parking features
Underground/Basement, Open
Window features
Vinyl Frames
Patio and Porch features
Patio
Interior features
High Speed Internet
Basement
Crawl Space
Appliances
Tankless Water Heater, Free-Standing Range, Dishwasher, Refrigerator, Microwave, Hard Surface Counters
Lot features
Fenced Yard, Sprinkler - Automatic, Level, Fencing, Surveyed
View
City
Elementary school
Arlington
Middle school
Gary
High school
Rogers
Elementary school district
Spokane Dist 81
Standard status
Active
APN
36331.2803
Size
3,080 SF
Lot size
0.15 Acres
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air, Heat Pump (Heating)
Cooling system
Central Air
Amenities
covered back patios
oversized garages
Building Details
Year built
2023
Number of units
2
Building materials
Masonite
Roof type
Composition
Architectural style
Contemporary
Listing Agency:
Kelly Right Real Estate of Spokane
(509) 489-7000
Listed By:
Jared Urbick · License #24022549
(509) 262-4178
Added: Oct 1
Last Checked: Oct 5 at 5:06PM
MLS# 202625070
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 2023, this contemporary duplex contains two residences totaling 3,080 square feet. Each unit provides 1,540 square feet with three bedrooms and two-and-a-half bathrooms. Main-floor layouts combine the kitchen and living area, with LVP flooring, granite countertops, stainless steel appliances, and ample cabinetry. Each home also includes a covered patio and an oversized garage.
Upstairs, each residence has a primary suite with a walk-in closet, double-sink vanity, and tub, along with two additional bedrooms, a full bathroom, and a laundry closet. The property occupies a 0.1463-acre lot in Spokane. Building features include central air conditioning and natural gas, forced-air, and heat-pump heating.
Upstairs, each residence has a primary suite with a walk-in closet, double-sink vanity, and tub, along with two additional bedrooms, a full bathroom, and a laundry closet. The property occupies a 0.1463-acre lot in Spokane. Building features include central air conditioning and natural gas, forced-air, and heat-pump heating.
Key Highlights
- Two‑unit duplex with 3,080 square feet total
- Each unit measures 1,540 square feet and has 3 bedrooms and 2.5 bathrooms
- Built in 2023 on a 0.1463‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,234
Cap Rate
5.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$704,680
$704.7K
Cap Rate 7%
$503,343
$503.3K
Cap Rate 9%
$391,489
$391.5K
Market Conditions
NOI Build-Up for 3,080 SF
Gross rent
$53.6K $17.40/SF
− Vacancy
−$3.3K −$1.06/SF
EGI
$50.3K $16.34/SF
− OpEx
−$15.1K −$4.90/SF
NOI
$35.2K $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%
$704,680
Cap Rate 7%
$503,343
Cap Rate 9%
$391,489
Alternative Uses
Best Use
Multifamily LT 5
$503.3K
$440.4K – $587.2K
NOI $35,234 @ 7.0% cap · market cap 5.34%
Second Best
Apartment 5plus
$437.6K
$382.9K – $510.6K
NOI $30,633 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$794.6K
$695.3K – $927.1K
NOI $55,625 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 99208, WA
58,531
Population
24,273
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
95%
High-School Grad
48.7 sq mi
ZIP Area
1,202
Density / Sq Mi
$81,084
Median Household Income
$45,733
Median Earnings
$1,226
Median Rent
$414,000
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
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences offer open living areas, covered patios, and attached oversized garages.
Where is this duplex located?
The property is located at 6027 N Smith St Spokane, WA.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: Two‑unit duplex with 3,080 square feet total; Each unit measures 1,540 square feet and has 3 bedrooms and 2.5 bathrooms; Built in 2023 on a 0.1463‑acre lot
