
$515,000
1522 W Alice Ave
Spokane, WA 99205
- Units
- 2
- Built
- 1992
- On market
- 1 day
Cap rate~6.1%
Cash-on-cash−0.0%
Cash flow−$1

Have any questions about this listing? Want to visit?
Overview
Duplex for sale- half occupied half vacant. 3bedroom 2bathrooms in each unit with approx 1250sqt floor plans x 2 units. Private 2 car garages and private side/back yard patios. One unit is vacant one unit is rented at $2000/mo per side, $4000/mo total income. Built in 1992 and has been well kept since. Fantastic spot to earn income on dormant savings accounts. Live in one side and rent the other. FHA and VA ready condition.
- 2
- Units
- $257,500
- Price per unit
- 1992
- Year built
- 6,098 sq ft
- Lot
- 2
- Garage spaces
Facts & features
Interior
Units
- Total units: 2
Basement
- Partial, Finished
Heating
- Gas, Forced Air
Property
Parking
- Parking features: Attached, Underground
- Garage spaces: 2
Features
- Stories: 2
- View description: City
Lot
- Size: 6,098 sq ft
- Features: Fenced Yard, Sprinkler - Automatic, Level
- Road frontage: Paved Road, City Street
Details
- Parcel number: 25014.4307
Construction
Type & style
- Home type: Residential Income
- Property subtype: Residential Income
- Structure type: Duplex
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1992
Community
Location
- Region: Spokane
Financial & listing details
- Price per unit: $257,500
- Annual tax amount: $4,460
- Date on market: 11/2/2026
- Listing terms: FHA, VA Loan, Conventional, Cash
Price history
- Nov 2, 2026Listed for sale$515,000$257,500/unit
Purchase details
Purchase price$
Closing costs 2.5%−$
Repairs and remodel−$
Down payment%
Interest rateour standard rate%
PMI−$0
Unit 1$1,995$2,000$
Unit 2$1,995$2,000$
Total$3,990$4,000$
Principal & interest−$2,598
Property tax 2026$372−$
InsuranceLeft blank−$
SewerNo spot on MLS−$
WaterLeft blank−$
GarbageNo spot on MLS−$
After mortgage and expenses$599
Reserves / Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$600
What is left
Cash left over each month−$1