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$500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago

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

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Fantastic North Spokane duplex investment opportunity with stable in-place rental income from long-term tenants already in place. This property offers immediate cash flow with manageable value-add potential through exterior updates, cosmetic improvements, and future rent growth over time. Located in an established residential pocket with convenient access to schools, services, amenities, and major Spokane corridors, the property is well positioned to attract steady tenant demand. Duplexes remain one of the most versatile residential investment assets, appealing to investors, owner-occupants, house hackers, and 1031 exchange buyers. With multiple exit strategies, strong rental fundamentals, and room to enhance curb appeal and long-term value, this is a practical and approachable opportunity in the North Spokane market.

Full Property Details for 520 E Wabash Ave

General

  • Price: $500,000
  • Taxes: $3,971 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2520728
  • Updated: 5/8/2026
  • Added to Site: 6 day(s) ago

Parking

  • Carport Spaces: 3
  • Covered Spaces: 3

Location

  • Area: 561 - Spokane County
  • County: Spokane
  • Subdivision: Spokane
  • Building Name: West Kentwood Addition
  • Driving Directions: Turn north from E Wellesley Ave. Turn east on E Wabash Ave and the duplex is on the south side of the road.

School Information

  • High School District: Spokane
  • Elementary School: Lidgerwood Elem
  • Middle School: Garry Mid
  • High School: Rogers High

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Baseboard

Utilities

  • Sewer: Sewer Connected
  • Water: Community

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Brick
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 1
  • Square Feet: 3,400
  • Year Built: 1976
  • Property Condition: Average

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Size (Sq. Ft.): 5,227
  • Lot Size Source: Public Records
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $3,971
  • Tax Year: 2026
  • Terms: Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 36323.1607
  • Block: 16
  • Lot Number: 9

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

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Schools serving 520 E Wabash Ave

School District:Spokane Public Schools
NameGradesDistance
Lidgerwood Elementary School
5510 North Lidgerwood Street, Spokane, WA 99208
K-50.5 mi
Garry Middle School
725 E Joseph Ave, Spokane, WA 99207
6-80.6 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 520 E Wabash Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Listed
$500,000
353.39%
MLS
6/20/2011
Sold
$110,280
—
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 520 E Wabash Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,278
17%
$330,200
14%
2024
$2,802
-1%
$288,900
—
2023
$2,829
20%
$288,900
43%
2022
$2,363
-16%
$201,600
—
2023
$2,829
31%
$201,600
11%
2021
$2,165
—
$181,600
15%
2021
$2,165
11%
$157,900
15%
2020
$1,954
18%
$137,900
13%
2019
$1,652
-3%
$122,200
4%
2018
$1,703
6%
$117,600
1%
2017
$1,610
-1%
$116,700
-4%
2016
$1,632
-6%
$121,400
13%
2015
$1,735
13%
$107,300
—
2014
$1,529
—
$107,300
—
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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520 E Wabash Avenue, Spokane, WA 99207 (MLS# 2520728) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 520 E Wabash Avenue is currently listed for $500,000 and was received on May 08, 2026. Want to learn more about 520 E Wabash Avenue? Do you have questions about finding other Multi-Family real estate for sale in Spokane? You can browse all Spokane real estate or contact a Coldwell Banker agent to request more information.

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