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$374,000
1012 E Indiana Ave
Spokane, WA 99207
Listed by Jim Palmer Jr., Real Estate Marketplace NW,Inc
- Units
- 2
- Built
- 1904
- Size
- 1,376 sq ft
- On market
- 47 days
- Layout
- stacked
Cap rate~3.4%
Cash-on-cash~-11.8%
Cash flow−$1,011
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Purchase details
Purchase price$
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 & interest−$2,064
Property tax 2026$277−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses−$711
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$300
What is left
Cash left over each month−$1,011
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 1 | 1 | 888 | $1,100 |
| 2 | 1 | 1 | 488 | $900 |
These 2 units add up to $2,000 a month. Those rents were posted in the MLS by the listing agent.
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Price history
- Aug 13, 2026Listed for sale$374,000$187,000/unit
About the building
Up/Down duplex near Gonzaga University in good condition with long time stable tenants. Main floor unit has use of garage from alley access. Both units share fenced back yard. Upper unit has rear and front entry stairs. Rents total approx. $2,000 per month.
Where it is
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