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Listings/Spokane Duplex Portfolio

Spokane Duplex Portfolio

On the Market

Pricing:  Ability to purchase as a portfolio or individually
1723 & 1725 E 13th Ave:  $575,000
613 & 615 W Jay Ave:  $550,000
9724 & 9726 N Wall Street:  $630,000
Tour Dates: 
1723 & 1725 E 13th Ave:  Feb. 13th, 2pm – 5pm
613 & 615 W Jay Ave:  Feb. 12th, 10am – 12:30pm
9724 & 9726 N Wall Street:  Feb. 12th, 12:30pm – 3pm
Offers Date:  To be Announced
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Duplex Portfolio Details

Address
1723 & 1725 E 13th Ave Spokane, WA
Neighborhood
South Perry District
Units
2; 6 Bedrooms Total
Built
1976
Address
613 & 615 W Jay Ave Spokane, WA
Neighborhood
North Spokane
Units
2; 6 Bedrooms Total
Built
1967
Address
9724 & 9726 N Wall St Spokane, WA
Neighborhood
North Spokane
Units
2; 6 Bedrooms Total
Built
1984

Opportunity

The Spokane Duplex Portfolio presents a value-add investment opportunity across three desirable locations within the thriving Spokane market. Comprising three well-maintained duplexes, this portfolio offers significant upside potential through strategic renovations, modernized interiors, and rent optimization. Buyers have the option to acquire these properties individually or as a portfolio.

Large, well-maintained, value-add units

Opportunity to purchase each property with residential financing

Ample tenant amenities including garages, yards, dens & in-unit washers and dryers

Increase rents 10% with as-is unit interiors and 30% with renovations

Located in highly desired neighborhoods surrounded by schools, jobs, parks & more

Location

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Spokane Duplex Portfolio

Spokane Duplex Portfolio
Spokane, WA
Units: 6
Price: $1,755,000

About the Area

Spokane stands out as one of Washington State’s most dynamic secondary markets, offering a compelling mix of economic stability, population growth, and increasing demand for multifamily housing. As the largest city in Eastern Washington and the second largest in the state, Spokane serves as a critical hub for business, healthcare, education, and culture in the Inland Northwest.

Major employers such as Providence Healthcare, Fairchild Air Force Base, and Gonzaga University drive the local economy, creating a robust job market and contributing to workforce expansion. The city’s growing healthcare sector, anchored by prominent institutions such as Providence Sacred Heart Medical Center and MultiCare Deaconess Hospital, supports a thriving healthcare ecosystem that employs thousands and drives significant local economic activity.

Spokane is also a higher education hub, home to multiple universities and colleges, including Gonzaga University, Eastern Washington University, Whitman College, and Spokane Community Colleges. This attracts a vibrant student population, further boosting demand for rental housing.

Beyond its economic and educational appeal, Spokane offers an enviable lifestyle. Residents enjoy access to a thriving arts scene, unique local dining, extensive outdoor recreation, and marquee attractions like Gonzaga basketball, Hoopfest, and the region’s top-rated golf courses.

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