$309,900

904 N Felts Rd

Spokane, WA 99206

Listed by Jacob Mack, RE/MAX Centennial

Units
2
Built
1955
Size
1,100 sq ft
On market
17 days
Layout
side by side*
Cap rate~5.6%
Cash-on-cash~-3.7%
Cash flow−$263
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 & interest1,710
Property tax 2026⁠$234
Insurance⁠No spot on MLS
Sewer⁠In water
Water⁠$39 with sewer
Garbage⁠No spot on MLS
Left over after mortgage and expenses80

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance344

What is left

Cash left over each month−$263

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
111550$1,225estimated Rentometer $1,161 · RentCast $1,100$1,161$1,100
211550$1,175estimated Rentometer $1,161 · RentCast $1,100$1,161$1,100

These 2 units add up to $2,400 a month. Those rents were posted in the MLS by the listing agent.

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About the building

Here is your chance for a desirable income producing investment property in the heart of Spokane Valley. This duplex is occupied by long-term tenants and generates $2,400/month in rental income. Each unit features 1 bedroom, 1 bathroom, and 550 Sq Ft of living space on one level. Each unit has its own separately fenced backyard with a deck installed. There is a detached 2-car garage that has been divided so that each unit has its own garage space. There is plenty of off street parking as well. Situated on a corner lot and just blocks from Broadway & Ness Elementary schools. This is an ideal location for your next investment.

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Listed by Jacob Mack, RE/MAX Centennial · MLS# 202624198 · 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.