Two-Unit Duplex with Private
For Sale
$700,000
7805 E Baldwin Ave, Spokane Valley, WA 99206
Each residence combines three bedrooms with a fenced backyard and private patio.
Property Size3,006 SF
Price / SF$232.87
Days on Market50
Property Features for 7805 E Baldwin Ave
General Information
Standard status
Active
Size
3,006 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 3BR/2.5BA
Multifamily Units
2
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,759
Amenities
private fenced backyard
professionally landscaped yards
vinyl fencing
private patios
Hot Water
High Speed Internet
Pantry
Kitchen Island
Building Details
Building Size
3,006 SF
Year Built
2020
Stories
2
Units
2
Listing Agency:
Windermere Manito, LLC
(509) 747-1051
Listed By:
Mary Marr · License #107481
(509) 315-6811
Source:
Ericksrealty
Added: Sep 11
Changed: Oct 30
Last Checked: Oct 29 at 8:31PM
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 Windermere Manito, LLC
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Investment Insights
Based on property information with market context.
Built in 2020, this duplex contains two residences totaling 3,006 square feet. Each unit has three bedrooms, 2.5 bathrooms, a two-car garage, and an upstairs primary suite. Hard-surface and engineered flooring are used throughout, with private fenced backyards and patios at each residence.
The property is on a cul-de-sac in Spokane Valley, with access to Spokane. Vinyl fencing and professionally landscaped yards complete the outdoor areas.
The property is on a cul-de-sac in Spokane Valley, with access to Spokane. Vinyl fencing and professionally landscaped yards complete the outdoor areas.
Key Highlights
- Two residences totaling 3,006 square feet
- Each unit includes 3 bedrooms and 2.5 bathrooms
- Two‑car garage and private fenced backyard for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,062
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,240
$521.2K
Cap Rate 7%
$372,314
$372.3K
Cap Rate 9%
$289,578
$289.6K
Market Conditions
NOI Build-Up for 3,006 SF
Gross rent
$39.7K $13.20/SF
− Vacancy
−$2.4K −$0.81/SF
EGI
$37.2K $12.39/SF
− OpEx
−$11.2K −$3.72/SF
NOI
$26.1K $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%
$521,240
Cap Rate 7%
$372,314
Cap Rate 9%
$289,578
Alternative Uses
Best Use
Multifamily LT 5
$372.3K
$325.8K – $434.4K
NOI $26,062 @ 7.0% cap · market cap 3.72%
Second Best
Apartment 5plus
$344.5K
$301.4K – $401.9K
NOI $24,115 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$653.0K
$571.4K – $761.8K
NOI $45,710 @ 7.0% cap · market cap 6.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines three bedrooms with a fenced backyard and private patio.
Where is this duplex located?
The property is located at 7805 E Baldwin Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two residences totaling 3,006 square feet; Each unit includes 3 bedrooms and 2.5 bathrooms; Two‑car garage and private fenced backyard for each unit
