DouglasOrmand
BEDS4
BATHS3
SQUARE FEET1,756
MLS#202620767
STATUSActive
PROPERTY TYPEResidential - Single Family
SCHOOLSpokane Dist 81
Property Description
Brand-new 2-unit home, now complete, with a potential effective monthly payment around $1,300 when living in the 1 bedroom unit! This beautifully finished home has 2 distinct units: a 3 bed, 2 bath with a tenant already in place (paying $1,995/month plus all utilities); and a comfortably sized 1 bed / 1 bath residence. Thats built-in income covering the bulk of your payment from day one! Efficiently laid out & spacious, with all amenities on one level. Being a duplex adds flexibility beyond a home with an ADU (separate meters, financing advantages, etc.), making it easy to hold as a long-term investment. Look at the numbers: occupy the 1BR & keep the 3BR tenant - P&I payment should be around $900/mo (based on 10% down & 6.5% ratemaking it easy to hold as a long term investment. If youre looking for a lower payment, dont settle for a smaller, older home with constant repairs. Use the affordability hack theyve done for years in Seattle & Portland. Buy new, build equity, and let the second unit work for you!
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space, None
Roof Type: Composition
Stories: 1.0
Year Built: 2026
Feature Descriptions
Days on Site: 2
Dining: Informal
Electrical: Breakers,200 AMP
Exterior: Masonite
Family/Recroom: Great room
Heating/Cooling: Electric, Forced Air
Interior: High Speed Internet, Smart Thermostat, In-Law Floorplan
Lot: Fencing, Sprinkler - Automatic, Level, Surveyed
Parcel#: 36313.3301
Parking: Alley Access
Primary Bedroom: Wlkin Clst,3/4 Bath,1st Flr
SQ. FT. Total: 1756
Utilities: Cable Available
Local Schools
High School: Shadle Park
Middle School: Salk
Elementary School: Madison
School District: Spokane Dist 81
Listed By / Shown By
Listed By
Agency Name: Windermere City Group
Shown By
Agent Name: Douglas Ormand
Agent Phone: (509) 768-9044
Agency Title: Coldwell Banker Tomlinson
Estimate Your Payment
Estimated Payment
$ 1,281.27 per month $1,132.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $148.46 Homeowner's Insurance
5397 N Lincoln St | MLS# 202620767
This single family home located at 5397 N Lincoln St, Spokane, WA 99205 is currently listed for sale with an asking price of $509,000. This property was built in 2026 and has 4 bedrooms with 1756 sq. ft. N Lincoln St is located within the Spokane Dist 81 school district. Search Spokane real estate on dormand.cbspokane.com today.