$1,350,000
PENDING

12218 E Lenora Dr Spokane Valley, WA 99206

Opportunity Neighborhood

Estimated payment $7,970/month

Total Views 2,276
14 Beds
8 Baths
4,800 Sq Ft
$281 Price per Sq Ft

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.

Listing Agent

Beth Mulligan

Avalon 24 Real Estate License #139344 Listed on: 09/06/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,074

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Year Built: 1971
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level, City Bus (w/in 6 blks), Surveyed
  • Lot Size Acres: 0.63
  • Road Frontage Type: City Street, Paved Road
  • View Type:Pond View: Territorial
  • Reso Association Amenities: Laundry, Play Area, Storage
  • Co List Office Phone: +1 (208) 215-20
  • MLS Status: Pending-Inspection
  • Architectural Style: Traditional
  • Reso Interior Features: High Speed Internet, Windows Vinyl
  • Reso Structure Type: Two Story
  • Master Plan Zoning: MFR
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Appliances: Free-Standing Range, Refrigerator
  • Total Bedrooms: 14
  • Stories: 2

Exterior Features

  • Roof: Composition
  • Construction Type: Stone, Vinyl Siding

Garage/Parking

  • Parking Features: Off Site, Shared Driveway, None
  • Total Parking Spaces: 8

Utilities

  • Heating: Electric, Baseboard
  • NumberOfRanges: 8

Fee Information

  • Annual Fuel Expense: 600
  • Annual Water Sewer Expense: 4200

Schools

  • Elementary School: South Pines
  • High School: University
  • Middle Or Junior School: Bowdish

Lot Info

  • Parcel Number: 45284.2019
  • Lot Size Sq Ft: 27540
  • Additional Parcels Description: 45284.2017

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 10074

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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®

Source: Spokane Association of REALTORS®

MLS Number: 202523607

Spokane Association of REALTORS®

APN: 45284.2019

Washington Spokane County Spokane Valley 99206 Opportunity

12218 E Lenora Dr, Spokane Valley, WA

This home is located at 12218 E Lenora Dr, Spokane Valley, WA 99206 and is currently priced at $1,350,000, approximately $281 per square foot. This property was built in 1971. 12218 E Lenora Dr is a home located in Spokane County with nearby schools including South Pines Elementary School, Bowdish Middle School, and University High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Spokane Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Beth Mulligan
Listing Agent
Beth Mulligan
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Avalon 24 Real Estate
(509) 553-5421