26106 East River Road
Newman Lake, WA 99025
$520,000
Price
4
Beds
2
Baths
2,128 Sq. Ft.
$244 / Sq. Ft.
2,128
Sq. Ft.
$244
per Sq. Ft.
Listing provided courtesy of Keller Williams Realty PS
Description
This exceptional rural duplex offers a spectacular Spokane River view & waterfront serenity. Located between Spokane & Coeur d'Alene! Currently a great income-producing property with great long-term tenants who would love to stay (leases through June 2025 are just shy of market value). Property management available. OR an excellent future multi-generational owner-occupied home. Seller's pre-inspection report & recent work receipts available. Side by side entrances lead to one ground floor & one upper...This exceptional rural duplex offers a spectacular Spokane River view & waterfront serenity. Located between Spokane & Coeur d'Alene! Currently a great income-producing property with great long-term tenants who would love to stay (leases through June 2025 are just shy of market value). Property management available. OR an excellent future multi-generational owner-occupied home. Seller's pre-inspection report & recent work receipts available. Side by side entrances lead to one ground floor & one upper floor apartment, each with 1064sf of living space, open concept kitchen & living rooms w/E. valley & river views! Each unit boasts 2 beds, 1 bath, a private entertainment size patio or deck, in unit laundry room, & separate garage with storage.
- Listed by Kathryn Kleber • Keller Williams Realty PS
- Listed by Susan George • Keller Williams Realty PS
Property Details for 26106 East River Road
Community Name
East Farms
School DistrictEast Valley Spokane
ViewMountain(s), River, See Remarks, Territorial
Number of Assigned Spaces2
Total Covered Parking2
Entry Date10-17-2024
Energy SourceElectric
SewerSeptic Tank
LISTING UPDATED: 11/13/2024 12:17 PM
Property Details for 26106 East River Road
| Status | Active |
|---|---|
| MLS # | 2302789 |
| Days on Market | 31 |
| Cumulative Days on Market | 31 |
| Taxes | $4,527 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1977 |
| Lot Size | 1.21 AC / 52,725 SF |
| County | Spokane County |
Building Information for 26106 East River Road
Stories2Residences2Year Built1977Building Size-Lot Size1.21 AC / 52,725 SF
Property Information for 26106 East River Road
Summary
Location and General Information
- Style: 52 - Duplex
- Site Features: Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, RV Parking
- Area: 561 - Spokane County
- Elementary School: Otis Orchards Elem
- Middle Or Junior School: EastVly Mid
- High School: East Vly High&Extens
- Directions: E I90, Exit 299, L Spokane Bridge Rd, R E Appleway Ave, L E Wellesley Ave, L E River Rd W I90, Exit 299, R Spokane Bridge Rd, R E Appleway Ave, L E Wellesley Ave, L E River Rd
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2024
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Parking Type: RV Parking
- Open Parking Spaces: 0.0
- Open Parking: No
- Parking Features: RV Parking
Virtual Tour
- Virtual Tour URL Unbranded: https://www.tourfactory.com/idxr3177831
Interior and Exterior Features
Bathroom Information
- Full Baths Upper: 0
- Three Quarter Baths Upper: 0
- Half Baths Upper: 0
- Main Level Bathrooms: 0
Bedroom Information
- Bedrooms Upper: 0
- Bedrooms Possible: 4
Interior Features
- Fireplaces Total: 0
- Floor Covering: Vinyl, Vinyl Plank, Carpet
- Features: Wall to Wall Carpet
- Cooling: No
- Cooling: None
- Fireplace: No
- Heating: Yes
- Heating: Baseboard
- FIRPTA: No
Exterior Features
- Exterior: Cement Planked
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water/Sewer/Garbage: 500
- Sewer Company: septic
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Foundation: Poured Concrete
- First Right Of Refusal: false
- MLS Square Footage Source: Realist
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Photos Count: 35
Lot Information
- Lot Details: Adjacent to Public Land, Corner Lot, Open Space, Paved, Secluded
- Lot Size Source: Realist
- Parcel Number Free Text: 55011.0147
- Building Condition: Very Good
- Calculated Square Footage: 2128
- Structure Type: Duplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2128.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 2
- Units Below Grade: false
- Units In Building Total: 2
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 8227
- Gross Adjusted Income: 34236
- Gross Rent Multiplier: 15.3
- Gross Scheduled Income: $34,236
- Insurance Expense: $1,200
- Net Operating Income: $26,009
- Other Expenses: $2,000
- Total Monthly Income: 2853
- Fuel Expense: $0
Unit 1
- Name Unit 1: X
- Washer/Dryer Unit 1: true
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: true
- Square Feet Unit 1: 1064
- Rent Unit 1: $1,410.00
- Bedrooms Unit 1: 2
- Fireplaces Unit 1: 1
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: X
- Washer/Dryer Unit 2: true
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: true
- Square Feet Unit 2: 1064
- Rent Unit 2: $1,443.00
- Bedrooms Unit 2: 2
- Fireplaces Unit 2: 1
- Bathrooms Unit 2: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 2828.0
- Leasable Area Units: Square Feet
Property History for 26106 East River Road
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 26106 East River Road
Taxable ValueLand$78,000Additions$265,900Total$343,900
Tax Record2022$4,288 ($357 / month)
Home Facts
Baths2Total Finished SqFt2,128 SqFtAbove Grade Finished SqFt2,128 SqFtStories1Lot Size52,725 SqFtStyleDuplexYear Built1977CountySPOKANEAPN55011.0147Fireplace TypeHas Fireplace
Schools near 26106 East River Road
This home is within East Valley School District (Spokane).
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Otis Orchards Elementary School PublicPK to 6 | ||
East Valley Middle School Public7 to 8 | ||
East Valley High School&Extension Public9 to 12 | ||
Continuous Curriculum School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Realty PS
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