Duplex with Private
For Sale
$679,500
917 Providence, Spokane, WA 99207
Two three-bedroom residences each include a garage and private fenced outdoor space.
Property Size3,000 SF
Price / SF$226.50
Days on Market14
Property Features for 917 Providence
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
2
Property subtype
Multi Family Home
Units
Unit Mix
2 x 3BR/3BA
Multifamily Units
2
Amenities
Garage: Attached, Slab, Garage Door Opener
Garage Spaces: 2
Style: Ranch
Ranch
Attached, Slab, Garage Door Opener
2
Building Details
Year Built
2026
Buildings
1
Listing Agency:
Kelly Right Real Estate of Spokane
Listed By:
Jared Urbick · License #24022549
(509) 489-7000
Source:
Clearwaterproperties
Added: Oct 2
Changed: Oct 15
Last Checked: Oct 14 at 11:24PM
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 Kelly Right Real Estate of Spokane
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Investment Insights
Based on property information with market context.
Completed in 2026, this duplex contains two residences, each offering 1,500 square feet across two levels. Both homes have three bedrooms, three bathrooms, an attached garage, and a fenced backyard. The combined building area is 3,000 square feet.
On the main floor, each residence has an open great room, kitchen, and dining area with access to a backyard patio. Kitchens feature quartz counters and stainless steel appliances. Upstairs, each home includes 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 Providence in Spokane, near Downtown, the University district, and NorthTown Mall.
On the main floor, each residence has an open great room, kitchen, and dining area with access to a backyard patio. Kitchens feature quartz counters and stainless steel appliances. Upstairs, each home includes 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 Providence in Spokane, near Downtown, the University district, and NorthTown Mall.
Key Highlights
- Duplex completed in 2026 with 3,000 square feet total
- Two residences, each measuring 1,500 square feet
- Each unit has 3 bedrooms, 3 bathrooms, and an attached garage
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.
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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
Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences each include a garage and private fenced outdoor space.
Where is this duplex located?
The property is located at 917 Providence 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: Duplex completed in 2026 with 3,000 square feet total; Two residences, each measuring 1,500 square feet; Each unit has 3 bedrooms, 3 bathrooms, and an attached garage
