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  • Listed by: The Paragon Group • Peter Clark • 509-471-6805
    $430,000

    2608 N Madelia Street, Spokane, WA 99207

    8beds
    2baths
    3,456sqft
    : 
    $2,881/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1977
    -- sqft lot
    $423,500 Zestimate®
    $124/sqft
    $-- HOA

    What's special

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Peter Clark 509-471-6805 peter@multifamilymason.com,

    The Paragon Group

    Source: NWMLS as distributed by MLS GRID,MLS#: 2586041MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 2
      Heating
      • Wall Furnace, Electric
      Cooling
      • Wall Unit(s)
      Features
      • Flooring: Laminate, Carpet
      • Has fireplace: No
      Interior area
      • Total structure area: 3,456
      • Total interior livable area: 3,456 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage
      • Garage spaces: 1
      • Uncovered spaces: 2
      Lot
      • Size: 6,599 Square Feet
      Details
      • Parcel number: 35092.3814
      • Zoning description: Residential,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Brick
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Average
      • Year built: 1977
      • Major remodel year: 1977

      Utilities & green energy

      • Sewer: Sewer Connected
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Spokane
      Location
      • Region: Spokane

      Financial & listing details

      • Price per square foot: $124/sqft
      • Tax assessed value: $359,600
      • Annual tax amount: $3,494
      • Date on market: 9/22/2026
      • Listing terms: Conventional,FHA

        Estimated market value

        $423,500

        $402,000 - $445,000

        $1,301/mo

        Price history

        DateEventPrice
        9/22/2026Listed for sale$430,000+184.8%$124/sqft
        Source: NWMLS as distributed by MLS GRID #2586041 Report a problem
        1/11/2008Sold$151,000+62.4%$44/sqft
        Source: Public Record Report a problem
        2/25/2000Sold$93,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,692 +5.7%$359,600 +2.2%
        2024$3,494 -0.7%$352,000 -3%
        2023$3,517 -9.1%$362,900 -8.3%
        2022$3,870 +45.2%$395,700 +60.6%
        2021$2,666 +21.4%$246,400 +38.7%
        2020$2,197 +13.6%$177,600 +9.9%
        2019$1,934 $161,600 +14.1%
        2018$1,934 -1.9%$141,600 +21.3%
        2017$1,972 +23.5%$116,700 +1%
        2016$1,597 +2%$115,600 +5.6%
        2015$1,566 $109,500
        2014$1,566 $109,500
        2013$1,566 -8.5%--
        2011$1,712 +12.3%--
        2010$1,524 --
        2009$1,524 -9.6%--
        2008$1,685 --
        2007$1,685 -80%$151,400
        2005$8,422 +417.2%--
        2004$1,628 +4.5%--
        2003$1,558 --
        2002$1,558 +0.5%--
        2001$1,551 -4.9%$105,100
        1999$1,630 $105,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Logan

        Getting around

        54 / 100
        Somewhat Walkable
        42 / 100
        Some Transit

        Nearby schools

        GreatSchools rating

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