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About this home
Investment opportunity at 4025/4027 N. Washington — a well-maintained Spokane duplex generating $3,400/month in gross rental income ($40,800/year), in place and ready for a new owner. Lower unit (4025): 3 bed/1 bath with hardwood floors, an updated kitchen, and a fenced yard. Upper unit (4027): 1 bed/1 bath with private stairway and deck access. A detached 2-car garage adds valuable storage and additional income upside, while the low-maintenance exterior helps keep operating costs down. With a strong unit mix, proven rental history, and immediate cash flow, this duplex is a turn-key addition to any investment portfolio — whether you're expanding your holdings or acquiring your first income property. Located in an established Spokane neighborhood with consistent rental demand. Schedule your showing today and see the numbers for yourself.
Multi-familyProperty Type
1909Year Built
6,450 sq ftLot Size
2 car garageParking
Listed by Richard Prasser• Keller Williams Spokane - Main
North Hill, located between Downtown Spokane and the Nevada/Lidgerwood area, is a residential and historic Spokane neighborhood with early-20th-century homes and a grid of walkable streets. The neighborhood’s character concentrates around the Monroe Street corridor near Wellesley Avenue, where corner markets, coffee counters, and long-running local eateries set a steady, everyday pace. The Garland Theater and the nearby Garland District add a marquee-lit cultural thread, while Ferguson’s Café and The Milk Bottle anchor local flavor. Tree-lined blocks mix Craftsman bungalows with brick apartment courts, and the rise toward the hilltop brings wide-sky views. Sidewalks and pocket parks shape a practical, outdoors-forward routine, with transit lines threading south toward the city core.
Provided by Walk Score and Local Logic
Offer insights
4027 N Washington Rd · $435,000
$446K and above
75% chance or better to win
Why $446K+ is a strong offer
DAYS ON MARKET
26 days
The average home goes pending in 57 days.
SALE-TO-LIST
99.6%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Utility room
Partial, unfinished basement
Bedrooms
One unit with 2 bedrooms
One unit with 1 bedroom
Bathrooms
One bathroom in each unit
Kitchen
Free-standing range
Refrigerator
Heating & cooling
Electric baseboard heating
Exterior features
Automatic sprinkler system
Level, corner lot
Paved road and city street frontage
Home design
Residential income property
One-and-a-half story
Parking
Detached garage with garage door opener
2 garage spaces
Construction
Steel frame with vinyl siding
Metal roof
HOA & community
No community amenities
Other
Two total units (rental income)
Building area source: public records
Electricity and solar
View estimated energy costs and solar savings for this home
Incredible investment opportunity charming home converted into two apartments, main floor unit features 2 bedrooms, 1 bath, 2nd floor unit features 1 bedroom + 1 bath, both units have washer/dryer. Each unit has 1 bay of the 2 car garage w/ seperate openers. Both units are rented, new vinyl windows, insulation, water heater, units have seperate meters, updated wiring, sprinkler system, Close to schools, parks, and shopping.
SPOKANEMLS as Distributed by MLS Grid #201217030
Sep 17, 2012
Listing Removed
—
May 23, 2012
Listed
$144,900
SPOKANEMLS as Distributed by MLS Grid #25015170
May 24, 2005
Sold
$124,000
Apr 5, 2005
Listed
$124,900
Public Records
Sep 1, 1995
Sold
$80,000
Public Records
Jan 9, 1992
Sold
$68,500
Year
Property tax
Land + Additions
Assessment*
2026
$3,891 (+6.0%)
$75,000 + $294,800
$369,800
2025
$3,670 (+6.0%)
$75,000 + $294,800
$369,800
2024
$3,461 (+27.3%)
$60,000 + $297,100
$357,100
2023
$2,719 (+13.0%)
$55,000 + $222,600
$277,600
2022
$2,407 (+4.6%)
$34,000 + $171,400
$205,400
2021
$2,302 (+6.9%)
$34,000 + $159,200
$193,200
2020
$2,154 (+31.6%)
$24,000 + $150,100
$174,100
2019
$1,637 (−8.8%)
$24,000 + $112,700
$136,700
2018
$1,795 (+8.4%)
$24,000 + $97,000
$121,000
2017
$1,655 (+8.5%)
$24,000 + $97,000
$121,000
2016
$1,525 (+14.5%)
$24,000 + $85,000
$109,000
2015
$1,332
$24,000 + $69,100
$93,100
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
6,450 Sq. Ft.
Year renovated
2015
Finished Sq. Ft.
1,677
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,677
Year built
1909
Style
Multi-Family (2-4 Unit)
County
Spokane County
APN
35061.2901
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
R1
Residential 1 Zone
The residential zones implement the residential goals and policies and land use plan map designations of the comprehensive plan. They are intended to preserve land for housing and to provide housing opportunities for individual households. The zones are distinguished by the permitted uses, the housing types, and intensity of development allowed. The differences in the zoning categories reflect the diversity of residential areas in the City. The limits on the intensity of uses and the development standards promote the desired form for the residential area. The standards are intended to provide certainty to property owners, developers, and neighbors of what is allowed in the various categories.; The R1 zone is a low-intensity residential zone. The zone allows a range of housing choices built at the general scale and height of detached houses. This includes both detached and attached homes and middle housing types.
Permitted uses
Include but are not limited to:
Housing
Park & open space
May 4, 2026 • Final
Commercial-industrial-multifamily building
Remodel
Feb 22, 2026 • Final
Historical other
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
10/10 Air Factor
19 unhealthy days expected this year, 21 days in 30 years
Provided by First Street
Historical weather
Spokane, WA • 99205
Average low and high temperatures (°F)
36
26
41
27
53
35
62
38
72
47
79
53
88
60
87
59
82
54
61
39
45
35
41
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 6% for direct sun exposure in Spokane. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 4027 N Washington Rd
$426,297
$8,703 under list price of $435K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $376K.