Two-Unit Duplex with
For Sale
$495,000
7505 Sinto, Spokane, WA 99212
Each residence offers two bedrooms, one-and-a-half bathrooms, a deck, and a patio.
Property Size2,228 SF
Price / SF$222.17
Days on Market14
Property Features for 7505 Sinto
General Information
Standard status
Active
Size
2,228 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$3,942
Amenities
deck
patio
auto sprinklers
Garage: Attached, Garage Door Opener
Garage Spaces: 2
Style: Traditional
Traditional
Attached, Garage Door Opener
2
Building Details
Year Built
1971
Listing Agency:
Realty One Group Eclipse
Listed By:
Amy Parrish · License #95626
(509) 389-2605
Source:
Clearwaterproperties
Added: Sep 24
Changed: Oct 6
Last Checked: Oct 5 at 4:33PM
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
Investment Insights
Based on property information with market context.
This 2,228-square-foot duplex, built in 1971, contains two residences with two bedrooms and one-and-a-half bathrooms apiece. Each unit has a single-car garage, a deck, and a patio. Flooring, appliances, and interior and exterior paint have been replaced or refreshed, and the property has an automatic sprinkler system serving the yard.
The property is in Spokane Valley and the West Valley School District. Both units are currently vacant.
The property is in Spokane Valley and the West Valley School District. Both units are currently vacant.
Key Highlights
- Two units, each with 2 bedrooms and 1.5 bathrooms
- 2,228 square feet; built in 1971
- Single‑car garage, deck, and patio for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,487
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$509,740
$509.7K
Cap Rate 7%
$364,100
$364.1K
Cap Rate 9%
$283,189
$283.2K
Market Conditions
NOI Build-Up for 2,228 SF
Gross rent
$38.8K $17.40/SF
− Vacancy
−$2.4K −$1.06/SF
EGI
$36.4K $16.34/SF
− OpEx
−$10.9K −$4.90/SF
NOI
$25.5K $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%
$509,740
Cap Rate 7%
$364,100
Cap Rate 9%
$283,189
Alternative Uses
Best Use
Multifamily LT 5
$364.1K
$318.6K – $424.8K
NOI $25,487 @ 7.0% cap · market cap 5.15%
Second Best
Apartment 5plus
$316.6K
$277.0K – $369.3K
NOI $22,160 @ 7.0% cap · market cap 4.48%
Theoretical Best
Office A
$574.8K
$503.0K – $670.6K
NOI $40,238 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
Explore this area
Business Placement
Demographics for 99212, WA
21,672
Population
9,496
Households
2.3
Avg Household Size
41
Median Age
27%
College-Educated
93%
High-School Grad
12.3 sq mi
ZIP Area
1,762
Density / Sq Mi
$66,250
Median Household Income
$39,829
Median Earnings
$1,184
Median Rent
$314,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers two bedrooms, one-and-a-half bathrooms, a deck, and a patio.
Where is this duplex located?
The property is located at 7505 Sinto Spokane, 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: Two units, each with 2 bedrooms and 1.5 bathrooms; 2,228 square feet; built in 1971; Single‑car garage, deck, and patio for each unit
