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5123 N Madison St

Spokane, WA 99205
  • $365,000
  • STATUS: Active
  • ON SITE: 3 Days
  • ID#: 202612762
New On Site 3 Days Ago
UPDATED: 5 min ago
$365,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1915
County:
Area:

School Ratings & Info

School District:

Description

Now rented and income-producing — investor-ready opportunity in North Spokane.This fully renovated Craftsman is turnkey with built-in upside and immediate rental income in place. The main floor features a brand-new kitchen with quartz countertops, soft-close cabinetry, stainless steel appliances, fresh paint, new flooring, and an updated bath with modern tile and dual vanity. New CDA Window Co Vinyl Windows and front door. Enjoy low-maintenance Trex decks front and back, plus updated systems throughout for peace of mind and reduced capital expense risk. Upstairs offers continued value-add potential with framed, insulated, and pre-wired space, with drywall included — ready to be finished into a third bedroom, primary suite, or flex space to further increase rental income and long-term equity. Turnkey condition, income-producing, and additional upside — a strong opportunity for investors seeking both cash flow and future appreciation.

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© 2026 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2026-03-05T08:20:35.747.
www.amazinginlandnwhomes.com/homes/173570972
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5123 N Madison St Spokane, WA 99205

  • Price: $365,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 5 min ago
  • ID#: 202612762
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1915
Built
Neighborhood:
915597327
County:
Spokane
Area:
A330/006
School District:
Spokane Dist 81
Property Description
Now rented and income-producing — investor-ready opportunity in North Spokane.This fully renovated Craftsman is turnkey with built-in upside and immediate rental income in place. The main floor features a brand-new kitchen with quartz countertops, soft-close cabinetry, stainless steel appliances, fresh paint, new flooring, and an updated bath with modern tile and dual vanity. New CDA Window Co Vinyl Windows and front door. Enjoy low-maintenance Trex decks front and back, plus updated systems throughout for peace of mind and reduced capital expense risk. Upstairs offers continued value-add potential with framed, insulated, and pre-wired space, with drywall included — ready to be finished into a third bedroom, primary suite, or flex space to further increase rental income and long-term equity. Turnkey condition, income-producing, and additional upside — a strong opportunity for investors seeking both cash flow and future appreciation.
Exterior Features

Architectural Style Craftsman Construction Materials Wood Siding Lot Features Fenced YardLevel Parking Features None Road Frontage Type City Street Roof Composition

Interior Features

Additional Dining Features Informal Appliances Free-Standing RangeDishwasherRefrigeratorDisposalMicrowaveWasherDryer Basement FullUnfinishedLaundry Basement YN Yes Fireplace Features Masonry Heating Natural GasForced Air Interior Features Windows Vinyl

Property Features

Additional Parcels YN No Association Amenities None Electric Breakers200 AMPSec Lights Listing Terms FHAVA LoanConventionalCash Lot Size Length 124 Lot Size Width 50 Other Structures Stge Shd Property Sub Type Residential Income Structure Type One and a Half Story Tax Annual Amount 1578.78

Listing provided courtesy of Epique Realty: .


© 2026 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2026-03-05T08:20:35.747.
 
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Coldwell Banker Schneidmiller Realty
1924 Northwest Blvd
Coeur d'Alene ID, 83814