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12816 E Main Ave, Spokane Valley, WA 99216
12816 E Main Ave, Spokane Valley, WA 99216
12816 E Main Ave, Spokane Valley, WA 99216
12816 E Main Ave, Spokane Valley, WA 99216
12816 E Main Ave, Spokane Valley, WA 99216
12816 E Main Ave, Spokane Valley, WA 99216
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Listed by Cole Vinson • Extant Realty
$ 975,000
Est. payment | /mo

6,912 SqFt


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$ 975,000
Est. payment | /mo
Save

6,912 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 6,912 sqft

Price per Sqft $141

MLS Listing ID 202617997

Year Built 1972

Annual Tax Amount $10,008

Lot Size 0.670 Acres

Lot Dimensions 0.67

Property Sub-Type Residential Income

Property Description

Excellent Spokane Valley Cash-Flow Opportunity This 11-unit apartment building offers immediate income and strong long-term value for the hands-on investor. Built in 1972, the property features eleven 1-bedroom units with excellent occupancy history and consistent rental demand in one of Spokane Valley's most stable rental pockets. 11 Units – All 1BD (approximately 500-600 SF) 100% Occupied at time of listing Strong in-place cash flow with proven tenant base Value-add upside through updating units and increasing rents. Excellent location with easy access to I-90, shopping, services, and employment centers This is a true turnkey multifamily asset, ideal for the investor seeking predictable monthly income and long term equity-building potential.

Location

State WA

County Spokane

Rooms

Basement None

Interior

Heating Electric, Baseboard

Exterior

Parking Features Carport, Off Site

Carport Spaces 4

Amenities Available Laundry, Storage

View Y/N true

Roof Type Composition

Building

Structure Type Brick Veneer

Schools

School District Central Valley

Others

Acceptable Financing Conventional, Cash

Listing Terms Conventional, Cash

Nearby Locations

Sarah Hoverson

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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12816 E Main Ave