Updated Duplex with
7505 E Sinto Ave, Spokane Valley, WA 99206
For Sale
$495,000
Two-unit property offers refreshed interiors, private outdoor areas, and automated yard sprinklers.
Property Size2,228 SF
Price / SF$222.17
Days on Market50
Property Features for 7505 E Sinto Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
deck
patio
auto sprinklers
Building Details
Buildings
Listing Agency:
Realty One Group Eclipse
(509) 327-2238
Listed By:
Amy Parrish · License #95626
(509) 389-2605
Source:
Exprealty
Added: Sep 19
Changed: Nov 1
Last Checked: Nov 6 at 2:54PM
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 Realty One Group Eclipse
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Investment Insights
Based on property information with market context.
This duplex contains 2,228 square feet with two residences, each offering 2 bedrooms and 1.5 bathrooms. Both units have new flooring, appliances, and interior and exterior paint. A single-car garage, deck, and patio accompany each residence, while the spacious yard is equipped with automatic sprinklers.
The property is located in Spokane Valley within the West Valley School District. Both units are currently vacant, and the property has a history of long-term tenants. Market-based rent rates are projected for the units.
The property is located in Spokane Valley within the West Valley School District. Both units are currently vacant, and the property has a history of long-term tenants. Market-based rent rates are projected for the units.
Key Highlights
- 2,228‑square‑foot duplex with two 2‑bedroom, 1.5‑bath units
- New flooring, appliances, and interior and exterior paint in both units
- Each unit includes a single‑car garage, deck, and patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,317
Cap Rate
3.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,340
$386.3K
Cap Rate 7%
$275,957
$276.0K
Cap Rate 9%
$214,633
$214.6K
Market Conditions
NOI Build-Up for 2,228 SF
Gross rent
$29.4K $13.20/SF
− Vacancy
−$1.8K −$0.81/SF
EGI
$27.6K $12.39/SF
− OpEx
−$8.3K −$3.72/SF
NOI
$19.3K $8.67/SF
Area
Spokane Valley, WA
Vacancy
6.17%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$386,340
Cap Rate 7%
$275,957
Cap Rate 9%
$214,633
Alternative Uses
Best Use
Multifamily LT 5
$276.0K
$241.5K – $322.0K
NOI $19,317 @ 7.0% cap · market cap 3.90%
Second Best
Apartment 5plus
$255.3K
$223.4K – $297.9K
NOI $17,874 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$484.0K
$423.5K – $564.7K
NOI $33,880 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
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Business Placement
Demographics for 99206, WA
39,842
Population
17,339
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
95%
High-School Grad
23.4 sq mi
ZIP Area
1,703
Density / Sq Mi
$75,538
Median Household Income
$42,018
Median Earnings
$1,174
Median Rent
$362,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Spokane Valley, WA
Properties on Market for Duplexes in Spokane Valley
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit property offers refreshed interiors, private outdoor areas, and automated yard sprinklers.
Where is this duplex located?
The property is located at 7505 E Sinto Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,228‑square‑foot duplex with two 2‑bedroom, 1.5‑bath units; New flooring, appliances, and interior and exterior paint in both units; Each unit includes a single‑car garage, deck, and patio
