1023-1025 W Knox Ave, Spokane, WA 99205

Property 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.