5397 N Lincoln St, Spokane, WA 99205
Local realty services provided by:CENTURY 21 Waterfront
Listed by: erik dordal
Office: windermere city group
MLS#:202620767
Source:WA_SAR
Price summary
- Price:$509,000
- Price per sq. ft.:$289.86
About this home
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. That's 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 you’re looking for a lower payment, don’t settle for a smaller, older home with constant repairs. Use the affordability hack they’ve done for years in Seattle & Portland. Buy new, build equity, and let the second unit work for you!...
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Home facts
- Year built:2026
- Listing ID #:202620767
- Added:54 day(s) ago
- Updated:September 03, 2026 at 04:09 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Kitchen Description:Hard Surface Counters, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Crawlspace
- Living area:1,756 sq. ft.
Heating and cooling
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:2026
- Building area:1,756 sq. ft.
- Lot area:0.07 Acres
- Lot Features:Fencing, Level, Sprinkler - Automatic, Surveyed
- Architectural Style:Craftsman
Schools
- High school:Shadle Park
- Middle school:Salk
- Elementary school:Madison
Finances and disclosures
- Price:$509,000
- Price per sq. ft.:$289.86
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:In-Law Floorplan
Parking
- Parking description:Alley Access
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