6408 N Normandie St Spokane, WA 99208
Well-maintained Spokane triplex featuring recent updates and leased units.
- Added:
- May 25, 2026
- Days on Market:
- 49
- Last Refresh:
- Jul 4 at 9:26 pm
Property Features for 6408 N Normandie St
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1958
Listing office Kiemle Hagood
Listing date May 25, 2026
Source Clearwaterproperties
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 Kiemle Hagood
Investment Insights
Based on property information with market context.
Key Highlights
- Triplex investment property in Spokane, WA with all units currently leased.
- Recent updates include new water heaters, range, paint, gutters, landscaping, flooring, and electrical sub‑panel.
- Shared laundry room with new washer and dryer.
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 | $34.2k | $17.40 |
| − Vacancy | −$2.1k | −$1.06 |
| EGI | $32.2k | $16.34 |
| − OpEx | −$9.6k | −$4.90 |
| NOI | $22.5k | $11.44 |
