$449,900

1115 N Woodward Rd

Spokane, WA 99206

Listed by Seth Maefsky, Keller Williams Realty Coeur d

Units
2
Built
1948
Size
2,024 sq ft
On market
6 days
Cap rate~4.6%
Cash-on-cash~-7.2%
Cash flow−$745
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 & interest2,483
Property tax 2026⁠$314
Insurance⁠No spot on MLS
Sewer⁠In water
Water⁠$35 with sewer
Garbage⁠No spot on MLS
Left over after mortgage and expenses325

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance420

What is left

Cash left over each month−$745

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
1211,012$1,500estimated Rentometer $1,260 · RentCast $1,400$1,260$1,400
2211,012$1,300estimated Rentometer $1,260 · RentCast $1,400$1,260$1,400

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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Price history

  1. Sep 23, 2026Listed for sale$449,900$224,950/unit

About the building

RARE Spokane Valley duplex offering an outstanding combination of updates, income potential and hard-to-find garage space! Each 2-bedroom, 1-bath unit features LVP flooring throughout, its own washer and dryer, and comfortable, functional living spaces. A new roof and gutters in 2024, plus new fiber-cement siding and exterior paint, add peace of mind and low-maintenance appeal. The standout feature? TWO 2-car garages—four garage spaces total—providing each unit with secure parking, storage and added convenience. Situated on an oversized lot, this property offers excellent flexibility for an investor, owner-occupant, or multi-generational living. With desirable updates already completed and a central Spokane Valley location, this duplex offers both immediate appeal and long-term potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this property deserves a look!

Where it is

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Look it up yourself

Listed by Seth Maefsky, Keller Williams Realty Coeur d · MLS# 202624716 · 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.