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Listed by Cole Vinson • Extant Realty
$ 975,000
Est. payment /mo
New
12816 E Main Ave Spokane Valley, WA 99216
6,912 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Residential Income
Listing Status Active
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