420 W Shannon Ave — photo 1 of 25
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$399,000

420 W Shannon Ave

Spokane, WA 99205

Units
2
Built
1891
Size
2,624 sq ft
On market
7 days
Layout
stacked
Cap rate~7.0%
Cash-on-cash~2.9%
Cash flow+$261
Aaron Beal

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Purchase details

Purchase price
Closing costs 2.5%
Repairs and remodel
Down payment
Interest rateour standard rate
PMI0
Unit 1$1,650$2,275
Unit 2$1,350$1,300
Total⁠$3,000$3,575
Principal & interest2,056
Property tax 2026⁠$344
Insurance⁠Left blank
Sewer⁠No spot on MLS
Water⁠Left blank
Garbage⁠No spot on MLS
After mortgage and expenses797

Reserves / Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance536

What is left

Cash left over each month+$261

Where it is

Look it up yourself

Listed by Chad Clelland, Silvercreek Realty Group · MLS# 202625676 · 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 10/19/2026, 12:00:00 AM. 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.