Spokane Valley Area Multi-Family Home

18222 E Sprague Ave
House with flats • 2186 sq ft (203 m²) • ref: 202514892
$500,000
Turnkey Duplex in Spokane Valley’s CV district! This property features 4-bed/2-bath unit one side and a 1-bed/1-bath on the other ideal for owner-occupied investor. Updates include a 50-year roof w/ 25-year workmanship guarantee (transferable), fiber cement siding, paint, gutters, insulation (attic & basement), all-new electrical & panels, updated plumbing, 99% gas efficient furnaces, A/Cs, and water heaters for both sides. In 2021, the 4-bed unit was taken to the studs fully remodeled down. The 4-bed unit has quartz counters throughout, tile backsplash, LVP flooring, new bathroom, soft-close cabinets, a kitchen island, appliances, & cordless blinds. The 1-bed unit has newer flooring, a new shower, fresh paint, and a covered porch. The fenced yard is sectioned yard providing private spaces for each side, fully sprinkled. Oversized lot offers potential to subdivide, build, or add a shop/garage. Separate meters. Leases end 4/30/25. I have qualified tenants lined up to avoid any vacancy. Projected 7.33% CAP Rate

Surfaces

Living area2186 sq ft (203 m²)

18222 E Sprague Ave, Spokane Valley

TypeHouse
Construction year1924