Active · Residential Income

2608 N Madelia Street , Spokane, WA 99207

Spokane, WA 99207

$430,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by The Paragon Group · MLS #2586041 · Active

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About this property

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.

Property details

Property type: Multi Family
Year built: 1977
Lot size: 6,600 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $3,494 (2026)
Parking spaces: 3
School district: Spokane

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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