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$430,000

  • For Sale
  • Active
  • Multi-Family
  • 1 Car Garage

Listed by Peter Clark | The Paragon Group | (509) 943-0400

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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.

Full Property Details for 2608 N Madelia St

General

  • Price: $430,000
  • Taxes: $3,494 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2586041
  • Updated: 9/22/2026
  • Added to Site: 25 day(s) ago

Interior

  • Flooring: Laminate, Carpet

Parking

  • Garage Spaces: 1
  • Covered Spaces: 1
  • Uncovered Spaces: 2

Location

  • Area: 561 - Spokane County
  • County: Spokane
  • Subdivision: Spokane
  • Driving Directions: Turn north on N Madelia St from E Illinois Ave and the property will be on the east side of the road

School Information

  • High School District: Spokane
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Brick
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 3,456
  • Year Built: 1977
  • Property Condition: Average

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.1515
  • Lot Size (Sq. Ft.): 6,600
  • Lot Size Source: Spokane County
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $3,494
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 35092.3814

Listed by Peter Clark | The Paragon Group | (509) 943-0400

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NMLS#: 1598647

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Schools serving 2608 N Madelia St

School District:Spokane Public Schools
NameGradesDistance
Logan Elementary School
1001 East Montgomery Avenue, Spokane, WA 99207
PK-50.4 mi
Denny Yasuhara Middle School
2701 North Perry Street, Spokane, WA 99207
6-80.3 mi
North Central High School
1600 N Howard St, Spokane, WA 99205
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2608 N Madelia St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/22/2026
Listed
$430,000
184.77%
MLS
12/21/2007
Sold
$151,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2608 N Madelia St

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,692
5%
$365,100
1%
2024
$3,517
-9%
$362,900
-8%
2023
$3,870
34%
$395,700
61%
2022
$2,885
-25%
$246,400
—
2023
$3,870
45%
$246,400
10%
2021
$2,666
—
$223,900
26%
2021
$2,666
21%
$177,600
10%
2020
$2,197
14%
$161,600
14%
2019
$1,934
-2%
$141,600
21%
2018
$1,972
23%
$116,700
1%
2017
$1,597
-1%
$115,600
6%
2016
$1,617
3%
$109,500
—
2015
$1,566
—
$109,500
11%
2014
$1,560
—
$98,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Peter Clark | The Paragon Group | (509) 943-0400

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2608 N Madelia Street, Spokane, WA 99207 (MLS# 2586041) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 2608 N Madelia Street is currently listed for $430,000 and was received on September 22, 2026. Want to learn more about 2608 N Madelia Street? Do you have questions about finding other Multi-Family real estate for sale in Balboa - South Indian Trail? You can browse all Balboa - South Indian Trail real estate or contact a Coldwell Banker agent to request more information.

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