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    1027 Elm St Spokane, WA 99201

    • Residential income homes
    • 1,820 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US90-0436483
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 1027 Elm St

    Year built
    1995
    Property size
    1,820 SF
    Property type
    Residential income homes
    APN
    25131.5601

    Description

    This Spokane, WA duplex presents a compelling investment opportunity. Located at 1027 N Elm St, 99201, this property boasts approximately 1,820 square feet and comprises two units, each featuring two bedrooms and one bathroom. Built in 1995, the property sits on a parcel identified as APN 25131.5601 and is zoned RHD (Residential High Density). The asking price is $369,000, translating to $202.75 per square foot and $184,500 per unit. A significant seller credit of $10,000 is being offered at closing. The property offers potential for increased rental income. Prospective buyers are encouraged to conduct their own due diligence to verify all aspects of the property. Access will be provided upon acceptance of an offer. Please do not disturb the tenants. Financial information is available upon request and execution of a non-disclosure agreement.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Spokane
    County
    Spokane
    State
    Washington
    Longitude
    -117.44037064501
    Latitude
    47.666792168871

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    1027 Elm St
    Spokane, WA 99201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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