$975,000

12816 E Main Ave, Spokane Valley, WA 99216

  • 6,912 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon0.67acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 2 months ago

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.

Listing Status:
Pending
Data Last Updated:
August 6, 2026 at 4:18AM
Listing Office:
Extant Realty : 509-598-5985
Listing Agent:
Cole Vinson : 509-598-5985
MLS ID:
202617997
  • Basement: None
  • Heating: ElectricBaseboard
  • Parking: CarportOff Site
  • Roofing: Composition
  • General: Two Story
  • Road/Access: City StreetPrivate Road
  • HOA Amenities: LaundryStorage
  • Originating MLS: sarmls
  • School District: Central Valley
  • County: Spokane
  • Zoning: 45153.3906
  • Source: sarmls

This listing courtesy of Cole Vinson , Extant Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location