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About This Home

This 6-bedroom, 2-bathroom residential multi family at 316 N Silver Lake Ave in Medical Lake, WA is listed for $385,000. Built in 1971, on a 0.29 acres lot.

Agent Description

Simple, low-maintenance living with easy access to everything the Spokane area has to offer. This well-positioned duplex presents a strong investment opportunity with a proven track record of consistent rental demand. Each unit offers a spacious 3-bedroom, 1-bath floor plan with approximately 1,120 square feet of comfortable living space, along with convenient off-street parking for tenants.

Located in the growing community of Medical Lake, this property is just minutes from Spokane International Airport, Eastern Washington University, Fairchild Air Force Base, Amazon facilities, and downtown Spokane. Outdoor enthusiasts will appreciate the close proximity to the West Plains' scenic lakes, hiking trails, boating, fishing, and year-round recreation. A short drive brings residents to Spokane's dining and entertainment scene. Great investment opportunity!

Key Features

  • Built in 1971
  • 0.29 acre lot
  • 2 stories

Property Details

2 stories
2 full
1971

Monthly Cost Estimate

$2,059/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,668
Insurance$112

Estimates only. Actual payments may vary.

Location

316 N Silver Lake Ave

Medical Lake, WA 99022

Features & Amenities

Interior Features

Hot Water

Property Details

Construction

Siding

Parking

Offsite

Heating

Electric (Heating)Natural GasForced Air

Appliances

Free-Standing RangeDishwasherRefrigerator

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 316 N Silver Lake Ave is listed at $385,000. The estimated monthly payment is $1,668 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 0.29 acre lot, 2 stories. Interior Features: Hot Water.

This property is listed by Wendy Armes and can be reached at (360) 339-5093 or wendyarmes@gmail.com.

WA

Wendy Armes

Agent at eXp Realty, LLC

(360) 339-5093

Listed by eXp Realty, LLC · View on Broker Site

MLS# 202617019· Source: listhub· Updated 24 days ago

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

316 N Silver Lake Ave, Medical Lake, WA 99022

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