727 E Wabash Ave — photo 1 of 11
1 / 11
$520,000

727 E Wabash Ave

Spokane, WA 99207

Listed by Nathalie Batty, Redfin

Units
2
Built
1972
Size
4,030 sq ft
On market
75 days
Cap rate~4.9%
Cash-on-cash~-6.3%
Cash flow−$752
Aaron Beal

Have any questions about this listing? Want to visit?

Quick message to Aaron

509-519-3978aaron@bealestatenw.com

Request ShowingRequest documents for this listingWrite a message

Purchase details

Purchase price
Closing costs 2.5%
Repairs and remodel

Loan details

Down payment
Interest rateour standard rate

Rents

Rents coming in⁠not on the MLS, confirmed with the listing agent

Expenses

Principal & interest2,870
Property tax 2026⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses230

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance521

What is left

Cash left over each month−$752

The units

UnitBedsBathsSq ftRent / mo
1322,015$1,622
2322,015$1,905

These 2 units add up to $3,527 a month. Those rents were confirmed with the listing agent.

What a free account adds Free account

Every figure above is the same one Beal Estate NW works from — the same cap rate, the same cash flow, the same ledger. What a free account adds is the ability to change them, and the four things below.

Put in your own numbersyour down payment, your rate, your reserves — and watch every figure move
Sign up free
Sale historywhat it last sold for, and when
Sign up free
Documentsthe rent roll and the operating statement, when the seller shares them
Sign up free
The records behind each figurethe county and city screenshots we worked from
Sign up free
Saved searches, liked and hiddenand an email when something new fits
Sign up free
Put in your own numbers — free

Price history

  1. Jul 16, 2026Listed for sale$520,000$260,000/unit

About the building

Well-maintained, fully occupied duplex offering strong investment potential! Each unit features 3 bedrooms, 2 bathrooms, and bonus living spaces, providing flexible layouts that appeal to a wide range of tenants. One unit includes a large shop, while the other offers an attached 2-car garage—adding convenience and value. Located on a corner lot in a quiet area, the setting enhances long-term tenant appeal. Recent upgrades include newer flooring and paint, a new roof (2024), and separate HVAC systems for each unit (2020). Electrical updates in 2020 brought the property to current code with AFCI/GFCI protection and tamper-resistant receptacles. Unit 729 also features new bathroom plumbing and a Ring camera system. Turnkey and income-producing with major updates already completed!

Where it is

Looking for what else is nearby…

Look it up yourself

Listed by Nathalie Batty, Redfin · MLS# 202621030 · Active

Cap rate, cash flow and cash-on-cash are Beal Estate NW’s own analysis, not MLS data — they follow the financing assumptions shown on this page, and they are not a valuation of the property and not investment advice. Talk to your lender, your accountant and your own advisers before you rely on any of it. MLS GridListings courtesy of Spokane REALTORS® as distributed by MLS Grid. Based on information submitted to the MLS GRID as of 9/29/2026, 3:45:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of the data on this site is prohibited. Deemed reliable but not guaranteed accurate by MLS Grid. Verify everything before you write an offer. Report a copyright problem.