Number of Units:   6
Units Below Grade:   1
Features:   Deck

Financial
Insurance Expenses:   $2,031
Other Expenses:   $5,076
Total Expenses:   $10,755
Total Monthly Income:   $3,150
Net Operating Income:   $27,545
Gross Adjusted Income:   $38,300
Gross Scheduled Income:   $38,300
Cap Rate (NOI / Listing Price):   $5.20
Gross Rent Multiplier:   $15.00

-= Building Details =-

Year Built:   1976
Effective Year Built:   1976
Effective Year Built Source:   Public Records
Building Condition:   Very Good
Number of Stories:   2
Amenities:   Basement, Storage
Roof:   See Remarks
Exterior:   Wood Products
Floor Covering:   Hardwood, Carpet
Approx. Sq Ft:   2,574
Leased Items:   None

-= Unit Details =-

-= Site Details =-

Lot Size:   5,280 Sq Ft
Lot Size Source:   County Assessor
Lot Details:   Paved

Utilities
Energy Source:   Electric
Power Company:   Avista
Sewer Company:   City of Spokane
Water Company:   City of Spokane
Water Source:   Public

Parking
Number of Carport Spaces:   2
Total Number of Parking Spaces:   2

-= Location Information =-

Address:   1725 E 13th Avenue, Spokane, WA 99202
City:   Spokane
State:
Zip Code:   99202
Latitude:   47.64381100
Longitude:   -117.38479200
Driving Directions:   1723 & 1725 E 13th Ave, Spokane

-= Community Information =-

Community Name: Spokane
School District: Spokane

-= Assessor Information =-

County:   Spokane
Tax Number:   35213.3026
Zoning Jurisdiction:   City
Tax Amount:   $3,648   Tax amount may change after sale.
Tax Year:   2024

-= Purchase Information =-

Listing Price:   $530,000
Potential Terms:   Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

-= MLS Listing Details =-

Listing Number:   2353296
Listing Status:   Active
Listing Office:   Kidder Mathews
Listing Date:   2025-04-01
MLS Area:   Spokane County
Square Footage Source:   County Assessor
Lot Size Source:   County Assessor
Marketing Remarks:   Opportunity to purchase a well-maintained, prime value-add opportunity in Spokane's South Perry District. With each duplex unit featuring large unit layouts with in-unit laundry and carport parking, this is a great investment opportunity for both owner-user and investment buyers. Additionally, buyers have the opportunity to make this a portfolio purchase with the seller's duplexes located at 9724 N Wall St & 613 W Jay Ave.

-= Multiple Listing Service =-

-= Disclaimer =-

The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.

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