Duplex-Style Home with Two
New
For Sale
$479,000
6409 N Greenwood Blvd, Spokane, WA 99208
Residential Income, Spokane, WA
Property Size3,108 SF
Lot Size0.23 Acres
Price / SF$154.12
Days on Market1
Property Features for 6409 N Greenwood Blvd
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
R1
Parking features
Garage
Window features
Vinyl Frames
Patio and Porch features
Deck, Patio
Interior features
Hot Water, Smart Thermostat, Pantry, In-Law Floorplan
Fireplace
1
Basement
Daylight, Finished, Walk-Out Access, Full
Appliances
Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer, Hard Surface Counters
Lot features
Fenced Yard, Sprinkler - Automatic, Treed, Level
View
Territorial
Elementary school
Indian Trail
Middle school
Salk
High school
North Central
Elementary school district
Spokane Dist 81
Directions
Francis West, North on Greenwood, house is on the left.
Standard status
Active
APN
26263.3902
Size
3,108 SF
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
4475
Utilities
Utilities
Cable Available
Heating system
Baseboard, Natural Gas, Hot Water(Heating)
Cooling system
Central Air
Amenities
front porch
Ring alarm
washer and dryer
side fence
secret bar
fireplace
enclosed back yard
grassless landscaping
Building Details
Year built
1970
Floors in Building
1
Number of units
2
Flooring type
Wood
Building materials
Brick Veneer, Wood Siding
Roof type
Composition
Architectural style
Ranch
Listing Agency:
First Look Real Estate
(509) 928-3413
Listed By:
Jennifer Huston
(509) 828-8471
Added: Oct 15
Last Checked: Oct 15 at 9:06PM
MLS# 202625787
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.
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Investment Insights
Based on property information with market context.
At 6409 N Greenwood Blvd, this 3,108-square-foot ranch-style residence has two kitchens, two primary suites, two family rooms, and two fireplaces. The layout may accommodate an up-and-down duplex arrangement, though the property is described as a possible duplex. A daylight basement has its own exterior entrance and includes two additional non-conforming bonus rooms. Interior features include wood floors, central air, and a washer and dryer. The home was built in 1970 and sits on a 0.2284-acre lot zoned R1.
Updates include a 2025 roof, upstairs HVAC installed in October 2025, kitchen appliances from 2023, and an updated sewer line from the house to the road around 2022. The property also has a fenced backyard, a side fence that opens wide enough for vehicle access, and a garage. Deck and patio features provide additional outdoor space.
Updates include a 2025 roof, upstairs HVAC installed in October 2025, kitchen appliances from 2023, and an updated sewer line from the house to the road around 2022. The property also has a fenced backyard, a side fence that opens wide enough for vehicle access, and a garage. Deck and patio features provide additional outdoor space.
Key Highlights
- 3,108‑square‑foot residence on a 0.2284‑acre lot
- Two kitchens, two primary suites, two family rooms, and two fireplaces
- Daylight basement with outside entrance and two non‑conforming bonus rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,554
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,080
$711.1K
Cap Rate 7%
$507,914
$507.9K
Cap Rate 9%
$395,044
$395.0K
Market Conditions
NOI Build-Up for 3,108 SF
Gross rent
$54.1K $17.40/SF
− Vacancy
−$3.3K −$1.06/SF
EGI
$50.8K $16.34/SF
− OpEx
−$15.2K −$4.90/SF
NOI
$35.6K $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%
$711,080
Cap Rate 7%
$507,914
Cap Rate 9%
$395,044
Alternative Uses
Best Use
Multifamily LT 5
$507.9K
$444.4K – $592.6K
NOI $35,554 @ 7.0% cap · market cap 7.42%
Second Best
Apartment 5plus
$441.6K
$386.4K – $515.2K
NOI $30,912 @ 7.0% cap · market cap 6.45%
Theoretical Best
Office A
$801.9K
$701.6K – $935.5K
NOI $56,130 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two primary suites and family rooms create separate living areas within the residence.
Where is this duplex located?
The property is located at 6409 N Greenwood Blvd Spokane, WA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 3,108‑square‑foot residence on a 0.2284‑acre lot; Two kitchens, two primary suites, two family rooms, and two fireplaces; Daylight basement with outside entrance and two non‑conforming bonus rooms
