4609 E 2nd Ave, Spokane Valley, WA 99212 — Large Duplex Value-Add Opportunity

4609 E 2nd Ave presents a strong value-add opportunity for investors seeking a duplex in Spokane Valley with significant upside. Situated on a large lot, this property offers the ideal foundation for a cosmetic renovation and long-term rental hold or refinance strategy. With solid bones and functional layouts, investors can unlock equity through targeted improvements while benefiting from Spokane Valley’s strong rental demand and convenient access to shopping, schools, and major commuter routes.

Quick Property Facts

Lot Size: ~12,632 sq ft (≈ 0.29 acres)

Property Type: Duplex

Current Layout: 8 bed / 2 bath total (4 bed / 1 bath per unit)

Living Area: ~3,300+ sq ft

Key Investor Highlights

Vacant Duplex – Immediate Renovation Opportunity
Both units are currently vacant, allowing investors to complete renovations quickly and stabilize the property without dealing with tenant turnover.

Large Spokane Valley Lot
The ~0.29 acre parcel provides ample yard space and off-street parking potential, a desirable feature for tenants and long-term hold investors.

Cosmetic Renovation Potential
The property appears to require primarily cosmetic improvements such as flooring, paint, fixtures, and kitchen/bath updates, providing a clear path to forced appreciation.

Solid Structure with Good Bones
The building itself has strong structural fundamentals, allowing investors to focus on value-add improvements rather than major reconstruction.

Strong Spokane Valley Rental Demand
Located in a stable Valley neighborhood with easy access to I-90, downtown Spokane, and Spokane Valley retail corridors, supporting consistent tenant demand.

Bring your vision — Significant value-add potential for investors!

For any additional questions or details please contact Nathan Hall at (509) 425-5952.

Disclaimer:
The property values, projections, and figures provided on this website are for informational purposes only and represent rough estimates based on current market data. Buyers, sellers, and investors should conduct their own due diligence and consult with appropriate professionals before making any financial decisions. Hall Street and its agents assume no liability for decisions made based on this information.

Assignment of Contract Opportunity – Not a Listing

Hall St LLC is offering an equitable interest via assignment of contract for property at 4609 E 2nd Ave. This is not a brokered listing and we do not own the property.

This is an offer to assign our contractual rights to purchase the subject property. The seller has authorized contract assignment.

I am a Licensed Real Estate Broker (#24032461) with Amplify Real Estate Services. All disclosures required under Washington State real estate law will be provided.