$740,000

1422 N Wall St

Spokane, WA 99201

Listed by Chelsey Graves, Avalon 24 Real Estate

Units
2
Built
2021
Size
3,008 sq ft
On market
69 days
Cap rate~6.7%
Cash-on-cash~0.2%
Cash flow+$29
Aaron Beal

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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 & interest4,084
Property tax 2026⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses953

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance924

What is left

Cash left over each month+$29

The units

UnitBedsBathsSq ftRent / mo
1321,504$3,860
2321,504$2,300

These 2 units add up to $6,160 a month. Those rents were posted in the MLS by the listing agent.

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Price history

  1. Jul 22, 2026Listed for sale$740,000$370,000/unit

About the building

The investment opportunity you've been waiting for! With a proven track record of successful short-term rental income, this modern central Spokane duplex offers incredible flexibility and income potential. Continue operating as a short-term rental, transition to long/mid-term tenants, or live in one side while renting the other to help offset your mortgage and build equity. Ideally located near Spokane Arena, ONE Spokane Stadium, The Podium and downtown, the location is perfect for attracting guests and tenants alike. Built in 2021, each unit offers 3 bedrooms, 2.5 bathrooms and 1,504 sq ft of well-maintained living space. Both units come fully furnished and feature stainless steel appliances, LVP flooring, Shaker-style cabinetry and hard-surface countertops. The xeriscaped exterior provides low-maintenance living, and each unit offers off-street parking accessed from a private alley. Whether you're an investor or an owner-occupant looking to house hack, this turnkey duplex is ready to start working for you!

Where it is

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Listed by Chelsey Graves, Avalon 24 Real Estate · MLS# 202621406 · 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, 4:15:01 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.