12816 E Main Ave, Spokane Valley, WA 99216

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Sold Price
$985,000
Closing Date
Aug 05, 2026
MLS#
202617997
Status
CLOSED
City
Spokane Valley
Acres
0.67
Living Area
6,912

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.

Additional Information

Year Built
1972
School District
Central Valley
Frontage
City Street, Private Road
Area/Grid
Valley Urban S I-90
MLS Area/Grid#
A110/069
Acres MOL
0.67
Lot Size
25,050
Basement
None
Heating/Cooling
Electric, Baseboard

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Listing courtesy of SARMLS / Extant Realty

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Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.