$749,950

512 E Caribou Ln

Spokane, WA 99218

Listed by Seth Maefsky, Keller Williams Realty Coeur d

Units
2
Built
2026
On market
18 days
Cap rate~5.2%
Cash-on-cash~-5.0%
Cash flow−$862
Aaron Beal

Have any questions about this listing? Want to visit?

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 & interest4,139
Property tax⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses52

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance810

What is left

Cash left over each month−$862

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
1331,438$2,700estimated Rentometer $2,575 · RentCast $2,110$2,575$2,110
2331,438$2,700estimated Rentometer $2,575 · RentCast $2,110$2,575$2,110

These 2 units add up to $5,400 a month. Those rents were posted in the MLS by 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. Sep 11, 2026Listed for sale$749,950$374,975/unit

About the building

Beautiful new luxury duplex on a quiet culdesac in north Spokane! Whether you’re an investor looking to add a high quality rental property to your portfolio, or an owner-occupant looking to live in one unit while renting the other, this property offers excellent investment potential. Each unit will feature modern finishes and many upgrades including white cabinetry, granite countertops, tile kitchen backsplash, stainless steel appliances, LVP flooring, and contemporary black fixtures and hardware. Enjoy year-round comfort and energy savings with the high-efficiency heat pump and gas furnace as backup. Each unit also has a 2-car garage that is insulated with automatic opener and keypad entry. All these exceptional features attract high quality tenants and make your life as a landlord MUCH EASIER! Estimated completion date December 2026. Additional new duplexes will begin construction soon and will be available for purchase.

Where it is

Looking for what else is nearby…

Look it up yourself

Listed by Seth Maefsky, Keller Williams Realty Coeur d · MLS# 202624151 · 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.