$465,000

3030 E 33rd Ave

Spokane, WA 99223

Listed by Seth Maefsky, Keller Williams Realty Coeur d

Pending
Units
2
Built
1950
Size
1,962 sq ft
On market
2 days
Layout
stacked
Cap rate~4.0%
Cash-on-cash~-9.5%
Cash flow−$1,009
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 & interest2,566
Property tax 2026⁠$362
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses589

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance420

What is left

Cash left over each month−$1,009

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
131981$1,500estimated Rentometer $1,712 · RentCast $1,720$1,712$1,720
221981$1,300estimated Rentometer $1,412 · RentCast $1,470$1,412$1,470

These 2 units add up to $2,800 a month. Those rents were posted in the MLS by the listing agent.

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About the building

Desirable South Hill duplex offering flexibility, updates, and investment potential! This well-positioned property features two separate units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit. Both offer LVP flooring throughout, updated vinyl windows, individual washers/dryers, and appliances that convey. New roof in 2024 adds peace of mind. Unit 3028 features new countertops and updated bathroom finishes, while the upper unit offers stainless steel appliances and a spacious 3-bedroom layout. An attached 2-car garage provides secure parking, storage, and year-round convenience for one unit. Located in a convenient South Hill neighborhood, there is easy access to shopping, dining, schools, parks, and amenities. Ideal for an owner-occupant seeking rental income, multi-generational living, or an investor looking to add a well-located duplex to their portfolio. A great opportunity to own two units in one of Spokane’s sought-after areas!

Where it is

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Listed by Seth Maefsky, Keller Williams Realty Coeur d · MLS# 202624297 · Pending

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.