All homes

$430,000

2608 Madelia Street

Spokane, WA 99207

Active

Beds

Baths

Sq Ft

Lot

0.15 ac

Year built

1977

Type

Residential Income

Days listed

1

MLS #

2586041

About this home

Fantastic opportunity to own a spacious North Spokane duplex with approximately 1,700 SF per unit. This property offers the size, comfort, and functionality of a single-family home with the income potential of multifamily ownership. One unit has been recently updated and is currently vacant, creating an immediate opportunity for an owner-occupant to move in while continuing to generate rental income from the neighboring unit. The setup may also provide access to multiple owner-occupied financing options. For investors, the property offers an approachable entry point into the Spokane multifamily market with just two highly manageable units and potential for continued rent growth. Located in an established North Spokane neighborhood just blocks from a brand-new middle school and other recent area improvements, the property also provides convenient access to retail, services, employment centers, and major transportation corridors. An excellent opportunity for a first-time investor, portfolio expansion, or buyer looking to offset housing costs through rental income.

Exterior features

Brick

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Wall Furnace
Cooling
Wall Unit(s)
Flooring
Laminate, Carpet
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$3,494 (2026)

Estimate your monthly payment

$2,465/mo

Principal & interest
$2,174
Property taxes
$291
Loan amount $344,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Spokane, WA 99207

Approximate location. Contact us to confirm the exact address.

Listing courtesy of The Paragon Group— Peter Clark.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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