Investment opportunity at 4025/4027 N. Washington — a well-maintained Spokane duplex generating $3,400/month in gross rental income ($40,800/year), in place and ready for a new owner. Lower unit (4025): 3 bed/1 bath with hardwood floors, an updated kitchen, and a fenced yard. Upper unit (4027): 1 bed/1 bath with private stairway and deck access. A detached 2-car garage adds valuable storage and additional income upside, while the low-maintenance exterior helps keep operating costs down. With a strong unit mix, proven rental history, and immediate cash flow, this duplex is a turn-key addition to any investment portfolio — whether you're expanding your holdings or acquiring your first income property. Located in an established Spokane neighborhood with consistent rental demand. Schedule your showing today and see the numbers for yourself.
Active
$435,000
4027 N Washington St, Spokane, WA 99205
3beds
2baths
--sqft
MultiFamily
Built in 1909
-- sqft lot
$428,100 Zestimate®
$--/sqft
$-- HOA
What's special
- 55 days
- 100
- 4
Zillow last checked:
Listing updated:
Listed by:
Richard Prasser Phone:509-435-3287,
Keller Williams Spokane - Main
Source: SMLS as distributed by MLS GRID,MLS#: 202622525
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Dining room
- Description: Informal
Family room
- Description: Bsmt,2nd Flr
Heating
- Electric, Baseboard
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Windows: Vinyl Frames
- Basement: Partial,Unfinished
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage Door Opener
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 2
Lot
- Size: 6,450 Square Feet
- Features: Sprinkler - Automatic, Level, Corner Lot
Details
- Parcel number: 35061.2901
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
Materials
- Steel Frame, Vinyl Siding
- Roof: Metal
Condition
- Year built: 1909
Community & HOA
HOA
- Amenities included: None
Location
- Region: Spokane
Financial & listing details
- Tax assessed value: $379,200
- Annual tax amount: $3,890
- Date on market: 8/13/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$428,100
$407,000 - $450,000
$1,720/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $435,000+8.5% |
Source:  SMLS as distributed by MLS GRID #202622525 Report a problem | ||
| 7/8/2022 | Sold | $400,945+3.1% |
Source: Public Record Report a problem | ||
| 6/3/2022 | Pending sale | $389,000 |
Source: Owner Report a problem | ||
| 6/1/2022 | Listed for sale | $389,000+180.9% |
Source: Owner Report a problem | ||
| 4/26/2017 | Sold | $138,500-7.6% |
Source: SMLS as distributed by MLS GRID #201711593 Report a problem | ||
| 2/14/2017 | Listed for sale | $149,950+3.5% |
Source: Coldwell Banker Tomlinson N #201711593 Report a problem | ||
| 9/18/2012 | Listing removed | $144,900 |
Source: Windermere Real Estate/Valley, Inc. #201217030 Report a problem | ||
| 5/25/2012 | Listed for sale | $144,900+16.9% |
Source: Windermere Real Estate/Valley, Inc. #201217030 Report a problem | ||
| 5/23/2005 | Sold | $124,000+55% |
Source: Public Record Report a problem | ||
| 9/1/1995 | Sold | $80,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,891 +6% | $379,200 +2.5% |
| 2024 | $3,670 +6% | $369,800 +3.6% |
| 2023 | $3,461 +27.3% | $357,100 +28.6% |
| 2022 | $2,719 +18.1% | $277,600 +35.2% |
| 2021 | $2,302 +6.9% | $205,400 +18% |
| 2020 | $2,154 +31.6% | $174,100 +27.4% |
| 2019 | $1,637 | $136,700 +6.1% |
| 2018 | $1,637 -8.8% | $128,800 +6.4% |
| 2017 | $1,795 +8.4% | $121,000 +11% |
| 2016 | $1,656 +24.3% | $109,000 +17.1% |
| 2015 | $1,332 | $93,100 +4.6% |
| 2014 | $1,332 | $89,000 |
| 2013 | $1,332 -10.6% | -- |
| 2011 | $1,490 -7.8% | -- |
| 2010 | $1,617 | -- |
| 2009 | $1,617 +17% | -- |
| 2008 | $1,382 | -- |
| 2007 | $1,382 -78.6% | $124,100 |
| 2005 | $6,457 +417.6% | -- |
| 2004 | $1,248 +3.4% | -- |
| 2003 | $1,206 | -- |
| 2002 | $1,206 +1.1% | -- |
| 2001 | $1,194 +11.7% | $80,900 +17.4% |
| 1999 | $1,068 | $68,900 |
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.Climate risks
Neighborhood: North Hill
Nearby schools
Schools provided by the listing agent
- Elementary: Willard
- Middle: Glover
- High: North Central
- District: Spokane Dist 81
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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