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5397 N Lincoln St
Spokane, WA 99205

Spokane Area Residential

  • 4 Beds
  • 3 Baths
  • 1,756 Sqft
  • 0.07 Acre

$509,000

5 Days on market

MLS# 202620767

Listing courtesy of Spokane Association of REALTORS MLS as distributed by MLS GRID.

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!

Bedrooms: 4
Bathrooms: 3
SqFt: 1,756
County: Spokane
Year Built: 2026
New Construction: 1
Lot SqFt: 3,100
Basement
  • Crawl Space
  • None
Kitchen / Appliances
  • Range
  • Dishwasher
  • Refrigerator
  • Microwave
  • Washer
  • Dryer
  • Hard Surface Counters
Garage / Parking
  • Alley Access
Heating / Cooling
  • Electric
  • Forced Air
Terms
  • FHA
  • VA Loan
  • Conventional
  • Cash
Roof
  • Composition

Office Details
Windermere City Group  —  (509) 323-2323

Broker Reciprocity MLS Disclaimer: Copyright of the Spokane Association of REALTORS MLS. All rights reserved. Listing information deemed reliable but not guaranteed.

IDX listing information is provided exclusively for consumers’ personal, noncommercial use. All other uses are strictly prohibited. The listing information displayed herein is based on information submitted to the MLS GRID as of 7/14/2026, 8:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.