1023-1025 W Knox Ave, Spokane, WA 99205
Spokane County
Key Facts
Description
Rare 4-unit investment opportunity featuring two separate duplexes on one lot, built in 2011 and 100% occupied. Each unit offers a functional two-story layout with living, kitchen, and dining on the main level, and 2 bedrooms, 1.5 bathrooms, and in-unit laundry upstairs—ideal for tenant privacy and retention. Interiors include LVP flooring on the main level, carpet upstairs, and hard surface countertops throughout. One bedroom in each unit features a walk-in closet and private en-suite. The property is fully xeriscaped with no grass, keeping maintenance low and expenses predictable. Financially, the property performs as a steady asset with rents averaging approximately $1,300–$1,400 per unit, generating ~$5,300+ monthly and ~$64,000+ annually. Tenants pay utilities, supporting strong operating efficiency. Built in 2013, this is a turnkey, low-maintenance opportunity with consistent occupancy and reliable cash flow.
Property Information
Property Type
Residential Income
Structure Type
Townhouse / Duplex
Year Built
2011
Living Area
3,696 sq ft
Lot Size
0.15 acres
Days on Market
51
MLS® Listing#
202617221
Property Features
Interior
Appliances
Cooling
Heating
Basement
Parking
Fencing
Lot Features
Construction
Roof
Schools
- Elementary:
- Audubon
- Middle:
- Glover
- High:
- North Central
Financial Details
Annual Taxes
$3,117
Parcel Number
35073.1115
Directions
From I-90, take the Division St exit and head north, then turn left on W Knox Ave. The property is located on the north side of the street at 1023/1025 W Knox Ave.
Affordability Calculator
$151,000
Estimated monthly payment
$4,018/mo
Principal $604,000 · Est. interest $842,634 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Spokane, WA
- $479,340
- Median Listing Price
- 43
- Median Days on Market
- 2,202
- Median Sq Ft
- $220
- Median Price / Sq Ft
- 1,841
- Active Listings
- This home’s price is 58% above the area median.
- Its price per sq ft is 7% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Spokane, WA.
Location
- 1023-1025 W Knox Ave, Spokane, WA 99205
Getting Around
Points of Interest in Spokane, WA
Showing the Spokane area map.
Nearby Schools
Trinity Catholic School
School · 0.2 mi away
The Community School
Secondary · 0.3 mi away
North Central High School
Secondary · 0.5 mi away
Garfield Elementary School
Elementary · 0.6 mi away
Northwest Achieve School
School · 0.7 mi away
Enlightium Academy
School · 0.7 mi away
Audubon Elementary
Elementary · 0.7 mi away
Northwest Parent Cooperative Preschool
School · 0.7 mi away
Spokane Juvenile Detention School
Secondary · 0.8 mi away
North Monroe Learning Center
School · 0.9 mi away
Bryant Center
Secondary · 0.9 mi away
Holmes Elementary
Elementary · 1.2 mi away
Lumen High School
Secondary · 1.3 mi away
St Aloysius Catholic School
School · 1.3 mi away
Spokane Public Schools
Secondary · 1.3 mi away
Alternative Tamarack School
Secondary · 1.4 mi away
Little Red School House
Elementary · 1.4 mi away
Salish School of Spokane
School · 1.4 mi away
Blue Prints for Learning
School · 1.4 mi away
Merry Glen: A Family Cooperative
School · 1.5 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1621 W 9TH Ave, Spokane, WA | $529,000 | — | — | 4,535 |
| 15010 E 2nd Ave, Spokane Valley, WA | $529,000 | — | — | 2,800 |
| 15323 N Gleneden St, Spokane, WA | $529,900 | 3 | 3 | 2,356 |
| 1115 E Chantel Dr, Spokane, WA | $529,900 | 5 | 3 | 3,266 |
| 5119 E BUCKEYE Ave, Spokane, WA | $529,900 | — | — | 2,731 |
| 7010 N EAST BLUFF Ct, Spokane, WA | $529,900 | 4 | 3 | 3,314 |
Moving Cost Estimate
EXIT Agents in Spokane
Listing Courtesy: The Hornberger Group, LLC - 5099945007