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Well-Maintained Duplex with Private Yards
For Sale
$725,000

7805 E Baldwin Ave, Spokane Valley, WA 99206

Residential Income, Spokane Valley, WA

Property Size3,006 SF
Lot Size0.21 Acres
Price / SF$241.18
Days on Market48

Property Features for 7805 E Baldwin Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Bathroom 4, Laundry Room, Utility Room, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3
Parking features Open
Window features Vinyl Frames
Patio and Porch features Patio
Interior features Hot Water, High Speed Internet, Pantry, Kitchen Island
Basement Crawl Space
Appliances Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer, Hard Surface Counters
Lot features Fenced Yard, Sprinkler - Automatic, Treed, Level, Cul-De-Sac
View Territorial
Elementary school Seth Woodard
Middle school Centennial Middle
High school West Valley
Elementary school district West Valley
Directions From I-90 take Broadway exit #286. Right on East Broadway. Left on Park over the freeway. Turn right on Indiana, Right on Ella Rd., Right on Baldwin Ave., duplex is on your right at the end of the culdesac.
Standard status Active
APN 45073.2901
Size 3,006 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 6759

Utilities

Utilities Cable Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

professionally landscaped yards
vinyl fencing
private patios

Building Details

Year built 2020
Floors in Building 2
Number of units 2
Flooring type Wood
Building materials Fiber Cement
Roof type Composition
Listing Agency: Windermere Manito, LLC
Listed By: Mary Marr
Added: Sep 11 Changed: Oct 23 Last Checked: Oct 28 at 2:06PM
MLS# 202624140

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.

Built in 2020, this duplex contains 3,006 square feet on a 0.2063-acre parcel in Spokane Valley. Each residence includes three bedrooms, two-and-a-half bathrooms, an upstairs primary suite, a laundry room, a kitchen with island and pantry, and a private fenced backyard with patio space. Wood and engineered flooring, hard-surface counters, central air, forced-air natural gas heat, and fiber-cement exterior materials are among the documented improvements.

The property is positioned on a cul-de-sac in Spokane Valley with convenient access to Spokane. Professionally landscaped yards, vinyl fencing, and separate patios add defined outdoor areas for both residences. The duplex format supports an owner-occupant arrangement or continued use as a two-unit residential income property.

Key Highlights

  • 3,006‑square‑foot duplex on a 0.2063‑acre lot
  • Built in 2020 with fiber‑cement exterior materials
  • Each unit has 3 bedrooms and 2.5 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,062
Cap Rate
3.59%
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 (±1% cap)
NOI $26,062 @ 7.0% cap · market cap 3.59%
Second Best
Apartment 5plus
$344.5K
$301.4K – $401.9K (±1% cap)
NOI $24,115 @ 7.0% cap · market cap 3.33%
Theoretical Best
Office A
$653.0K
$571.4K – $761.8K (±1% cap)
NOI $45,710 @ 7.0% cap · market cap 6.30%
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
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer matching layouts, individual outdoor areas, and access to Spokane from a cul-de-sac setting.
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 $725,000.
What are key features of this property?
This property features: 3,006‑square‑foot duplex on a 0.2063‑acre lot; Built in 2020 with fiber‑cement exterior materials; Each unit has 3 bedrooms and 2.5 bathrooms
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