5389 N Lincoln St, Spokane

$509,000   |   4 beds   |   3 baths
JUST
LISTED
Just Listed

5389 N Lincoln St
Spokane, WA

$509,000
  • 4 BEDS
  • 3 BATHS
  • 1,756 SQ FT
  • .07 ACRES
    LOT

Property Details

Brand-new home, now complete, with a potential effective monthly payment around $1,800! Have a lower net payment than a home priced at $275k! This new construction home in an established northwest Spokane neighborhood has a separate 1-bedroom apartment: built-in income that helps carry your payment. Efficiently laid out and spacious, with quality new-build finishes. The 3BR/2BA main home lives bright and easy, all on one level. Private 1BR apartment is perfect for rental income, Airbnb, or guests. Example: Occupy the 3BR & rent the 1BR at $1,500/mo for an effective payment around $1,800 (based on 10% down & 6.5% rate). Being an actual duplex adds flexibility beyond a home with ADU (separate meters, financing advantages, etc), making 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!