NOT LISTED FOR SALE

12419 E Riverside Ave Spokane Valley, WA 99216

Opportunity Neighborhood
8 Beds
4 Baths
11,520 Sq Ft
0.75 Acres

Last Sold March 09, 2022

Last sale price $1,900,000 $165 Per Sq Ft

10 Days on Market

Highlights

  • City View
  • Oversized Lot
  • Baseboard Heating
  • 0.75 Acre Lot
  • Cooling System Mounted In Outer Wall Opening
  • Laundry Facilities

About This Home

As of March 2022

Investment Opportunity! Recently updated apartment complex located in Spokane Valley with close access to I-90. Buildings have great financials. All 12 units are 2 beds/1bath, 960 sq ft, for a total of 11,520 SF, and contains a dishwasher, refrigerator, and a range oven. The property has 2 buildings with 6 units each and 12 carport slots with additional off-street parking. Both buildings have a community laundry room. Don't miss out on this premier opportunity!

Last Agent to Sell the Property

Joel Elgee

Avalon 24 Real Estate License #27675 Listed on: 12/10/2021

Last Buyer's Agent

MISC MISC

Edwards Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,304

Year Built

  • Built in 1968

Lot Details

  • 0.75 Acre Lot
  • Oversized Lot
  • Lot Has A Rolling Slope

Home Design

  • Composition Roof
  • T111 Siding

Interior Spaces

  • 11,520 Sq Ft Home
  • 3-Story Property
  • City Views
  • Free-Standing Range

Parking

  • 4 Carport Spaces
  • Assigned Parking

Schools

  • Broadway Elementary School
  • North Pines Middle School
  • University High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 45153.3107

Community Details

Overview

  • 12 Units
  • Opportunity Brewsters Sub Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Amenities

  • Community Deck or Porch
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,304

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Sub Type: Rental Income
  • Access: Pub Rd, Paved
  • Class: Rental Income
  • Year Built: 1968
  • Zone: MFR
  • Style Of Construction: 3 Level
  • Lvt Date: 12/10/2021
  • Common Interest Community: No
  • Geo Address Line: 12419 E Riverside Ave
  • Geo Primary City: Spokane Valley
  • Geo Quality: 0.95
  • Geo Subdivision: WA
  • Geo Update Timestamp: 12/11/2021 12:50:01 AM
  • Geo Zoom Level: 15
  • Sr High: University
  • Year Renovated: 2021
  • Jr High: North Pines
  • Allow Public Comments: No
  • Subdivision/Development: Opportunity Brewsters Sub
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Total Approx Sq Ft: 11520
  • Price Per Sq Ft: 164.93
  • Number of Stories: 3
  • Kitchen Appliances: Fr Stnd Rng, Refrig
  • Estimated Unit D Sq Ft: 960
  • Number of Ranges: 12
  • Number of Refrigerators: 12

Exterior Features

  • Exterior: T-111
  • Roof: Comp

Garage/Parking

  • Carport Size: 4+
  • Garage Parking: Carport, Asigned Sp
  • Garage Size: 0
  • Number Carports: 12
  • Number Parking Spaces: 12

Utilities

  • Heating/Cooling: Elec, Basebd, Wall A/C
  • Power Company: Modern
  • Water Company: Modern

Condo/Co-op/Association

  • Amenities: Deck
  • Common Amenities: Lndry

Schools

  • School District: Central Valley
  • Elementary School: Broadway
  • Middle School: North Pines
  • High School: University
  • School District: Central Valley
  • Elementary School: Broadway

Lot Info

  • Acres Mol: 0.75
  • Estimated Lot Sq Ft: 32754
  • Loc Dir E W: E
  • Loc Numberblk E W: 159
  • Lot Information: Rolling, Oversized, CC & R
  • Lot View: City
  • Parcel Number: 45153.3107
  • Site Improvements: Pub Sewer, Swr Conn, Pub Wtr
  • Loc Numberblk N S: 1
  • Multiple Parcels: No

Tax Info

  • Taxes: 11304.5

Multi Family

  • Number Air Cond: 12
  • Number Of Units: 12
  • Number Units A: 2
  • Number Units B: 2
  • Number Units C: 2
  • Number Units D: 2

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
03/09/2022 03/09/22 Sold $1,900,000 -13.4% $165 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/10/2021 12/10/21 For Sale $2,195,000 +251.2% $191 / Sq Ft
02/26/2016 02/26/16 Sold $625,000 -5.3% $54 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $660,000 -- $57 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joel Elgee

    Seller's Agent in 2022

    Joel Elgee

    Avalon 24 Real Estate

    (509) 868-5264

    14 in this area

    310 Total Sales

    Joel Elgee
    Section Image

  • M

    Buyer's Agent in 2022

    MISC MISC

    Edwards Real Estate Group

  • Melissa Blaine

    Seller's Agent in 2016

    Melissa Blaine

    Coldwell Banker Tomlinson

    (509) 879-7858

    2 in this area

    143 Total Sales

    Melissa Blaine
    Section Image
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Map

Source: Spokane Association of REALTORS®

MLS Number: 202125857

Spokane Association of REALTORS®

Washington Spokane County Spokane Valley 99216 Opportunity

12419 E Riverside Ave, Spokane Valley, WA

This home is located at 12419 E Riverside Ave, Spokane Valley, WA 99216 since 10 December 2021. This property was built in 1968. 12419 E Riverside Ave is a home located in Spokane County with nearby schools including Broadway Elementary School, North Pines 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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