MollieSweat

5123 N Madison St, Spokane, WA 99205

$365,000
  • 5123 N Madison St, Spokane, WA 99205 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#202612762
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISION915597327 SCHOOLSpokane 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.

5123 N Madison St | MLS# 202612762

This multi-family property located at 5123 N Madison St, Spokane, WA 99205 is currently listed for sale with an asking price of $365,000. N Madison St is located within the Spokane Dist 81 school district. Search Spokane real estate on www.molliesweat.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished, Laundry
Fenced: Yes
Lot Size: 0.14 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $1,578
Year Built: 1915

Feature Descriptions

Additional Structures: Stge Shd
Association Amenities: None
Exterior: Wood Siding
Fireplace: Masonry
Heating/Cooling: Natural Gas, Forced Air
Interior: Windows Vinyl
Lot: Fenced Yard, Level
Lot Dimensions: 124 X 50
Parcel#: 36313.0608
Parking: None

Local Schools

School District: Spokane Dist 81

Listed By / Shown By

Listed By

Agency Name: Epique Realty

Shown By

Agent Name: Mollie Sweat
Agent Phone: (509) 879-4492
Agency Title: Coldwell Banker Tomlinson

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Estimated Payment

$ 1,050.29 per month $812.33 Principal & Interest $131.50 Property Tax $106.46 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 03/02/2026. The listing information on this page last changed on 03/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 03/02/2026 4:05:23 PM EST) or Coeur dAlene MLS (last updated Mon 03/02/2026 4:02:06 PM EST) or Spokane MLS (last updated Mon 03/02/2026 4:02:19 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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