12218 E Lenora Dr Spokane Valley, WA 99206
Opportunity NeighborhoodEstimated payment $8,033/month
Highlights
- 0.63 Acre Lot
- Territorial View
- Baseboard Heating
- Property is near public transit
- Traditional Architecture
- 2-minute walk to Browns Park
About This Home
Investor Alert! Don't miss this investment opportunity with two fourplexes (8 UNITS total) on two separate parcels in a prime Spokane Valley location with preliminary plat approval for two additional duplex units! Property features 6 units with 2bd/1ba and 2 units with 1bd/1ba, generating approximately $100,000 in gross annual income. On-site shared laundry room with machines included. Additional storage lock-offs attached. Located near Browns Park, University High School, and public transportation. Many improvements over the years including updated siding, roofing, windows, and irrigation. Showings available with accepted offer. Seller is a licensed broker.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,074
Year Built
- Built in 1971
Lot Details
- 0.63 Acre Lot
- Level Lot
- Sprinkler System
- 45284.2017
Home Design
- Traditional Architecture
- Vinyl Siding
- Stone
Interior Spaces
- 4,800 Sq Ft Home
- 2-Story Property
- Vinyl Clad Windows
- Territorial Views
- Free-Standing Range
Bedrooms and Bathrooms
- 14 Bedrooms
- 8 Bathrooms
Parking
- 8 Parking Spaces
- Shared Driveway
- Off-Site Parking
Schools
- Bowdish Middle School
- University High School
Additional Features
- Playground
- Property is near public transit
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 45284.2019
Community Details
Overview
- 8 Units
Amenities
- Laundry Facilities
- Community Storage Space
Building Details
- Fuel Expense $600
- Water Sewer Expense $4,200
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/10/2025 09/10/25 | Pending | -- | -- | -- |
09/06/2025 09/06/25 | For Sale | $1,350,000 | -- | $281 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 202523607

APN: 45284.2019
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