Two-Unit Duplex with
New
For Sale
$679,500
917 E Providence Ave, Spokane, WA 99207
Residential Income, Spokane, WA
Property Size3,000 SF
Lot Size0.13 Acres
Price / SF$226.50
Days on Market5
Property Features for 917 E Providence Ave
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Property condition
Under Construction
Bedrooms
6
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 2, Bathroom 5, Bathroom 4, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 6, Bathroom 1, Bedroom 5, Bathroom 3, Bathroom 6
Parking
6
Parking features
Open
Window features
Vinyl Frames
Patio and Porch features
Patio
Basement
Crawl Space
Appliances
Free-Standing Range, Dishwasher, Refrigerator, Microwave, Hard Surface Counters
Lot features
Fenced Yard
Elementary school
Longfellow
Middle school
Shaw
High school
Rogers
Elementary school district
Spokane Dist 81
Standard status
Active
APN
35054.0622
Size
3,000 SF
Lot size
0.13 Acres
Utilities
Heating system
Electric (Heating), Heat Pump (Heating), Forced Air, Ductless (Heating)
Cooling system
Ductless, Central Air
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Masonite
Roof type
Composition
Architectural style
Ranch
Listing Agency:
Kelly Right Real Estate of Spokane
(509) 489-7000
Listed By:
Jared Urbick · License #24022549
(509) 262-4178
Added: Oct 1
Last Checked: Oct 5 at 4:06PM
MLS# 202625062
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.
Investment Insights
Based on property information with market context.
This two-level duplex contains 3,000 square feet across two residences, each with 3 bedrooms and 3 bathrooms. Both units include a garage and a fenced private backyard. The main floor has an open great room and dining area, with the kitchen equipped with quartz counters, stainless steel appliances, and storage. Upstairs, each unit has a primary suite with a walk-in closet and private bathroom, two additional bedrooms, a full bathroom, and a laundry closet.
The property is at 917 E Providence Ave in Spokane, near Downtown, the University district, and NorthTown Mall. Each dining area opens to a patio in the backyard.
The property is at 917 E Providence Ave in Spokane, near Downtown, the University district, and NorthTown Mall. Each dining area opens to a patio in the backyard.
Key Highlights
- Two residences, each configured with 3 bedrooms and 3 bathrooms
- 3,000 square feet total; 1,500 square feet per unit
- Each unit has a garage and a fenced backyard with patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,318
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$686,360
$686.4K
Cap Rate 7%
$490,257
$490.3K
Cap Rate 9%
$381,311
$381.3K
Market Conditions
NOI Build-Up for 3,000 SF
Gross rent
$52.2K $17.40/SF
− Vacancy
−$3.2K −$1.06/SF
EGI
$49.0K $16.34/SF
− OpEx
−$14.7K −$4.90/SF
NOI
$34.3K $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%
$686,360
Cap Rate 7%
$490,257
Cap Rate 9%
$381,311
Alternative Uses
Best Use
Multifamily LT 5
$490.3K
$429.0K – $572.0K
NOI $34,318 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$426.3K
$373.0K – $497.3K
NOI $29,838 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$774.0K
$677.3K – $903.0K
NOI $54,180 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
356
Businesses Nearby
Explore this area
Business Placement
Demographics for 99207, WA
32,059
Population
13,673
Households
2.3
Avg Household Size
34
Median Age
17%
College-Educated
91%
High-School Grad
5.2 sq mi
ZIP Area
6,165
Density / Sq Mi
$55,548
Median Household Income
$31,712
Median Earnings
$1,127
Median Rent
$246,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has a fenced backyard and patio access from its dining area.
Where is this duplex located?
The property is located at 917 E Providence Ave Spokane, WA.
What is the asking price?
The asking price for this property is $679,500.
What are key features of this property?
This property features: Two residences, each configured with 3 bedrooms and 3 bathrooms; 3,000 square feet total; 1,500 square feet per unit; Each unit has a garage and a fenced backyard with patio
