5397 N Lincoln St, Spokane, WA 99205

Spokane
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
5397 N Lincoln St,Spokane, WA 99205
$509,000
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  • 4 Beds
  • 3 Baths
  • 1,756 sq. ft.
  • Single family
  • Active
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...

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Home facts

  • Year built:2026
  • Listing ID #:202620767
  • Added:27 day(s) ago
  • Updated:August 07, 2026 at 04:53 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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