Tyler Zyph
Responds Quickly
Avalon 24 Real Estate
(509) 512-1652
75 Total Sales
11 in Opportunity
$304K - $520K Price Range
12816 E Main Ave Spokane Valley, WA 99216
Opportunity Neighborhood
11
Beds
11
Baths
6,912
Sq Ft
0.58
Acre Lot
Highlights
- 0.67 Acre Lot
- Baseboard Heating
- Community Storage Space
- Brick Veneer
- Laundry Facilities
About This Home
As of August 2026Excellent 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.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,008
Year Built
- Built in 1972
Lot Details
- 25,050 Sq Ft Lot
- Property fronts a private road
Home Design
- Brick Veneer
- Composition Roof
Interior Spaces
- 6,912 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 11 Bedrooms
- 11 Bathrooms
Parking
- 4 Carport Spaces
- Off-Site Parking
Utilities
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 45153.3906
Community Details
Overview
- 11 Units
Amenities
- Laundry Facilities
- Community Storage Space
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Opportunity, WA
-
Tyler Zyph
-
Karl Kennedy
Karl Kennedy
Keller Williams Spokane - Main
(509) 800-2359
140 Total Sales
3 in Opportunity
$438K - $475K Price Range
-
John Leland
John Leland
Responds QuicklyUpward Advisors
(509) 285-0351
245 Total Sales
2 in Opportunity
$379K - $689K Price Range
-
Jonathan Bich
Jonathan Bich
Responds QuicklyColdwell Banker Tomlinson
(509) 285-9545
269 Total Sales
4 in Opportunity
$325K - $440K Price Range
-
Lynsey Cantlon
Lynsey Cantlon
Responds QuicklyREAL Broker LLC
(509) 560-5796
145 Total Sales
2 in Opportunity
$390K - $430K Price Range
-
Patrick Libey
Patrick Libey
Avalon 24 Real Estate
(509) 339-8012
139 Total Sales
5 in Opportunity
$364K - $1.5M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Accommodation | |
| Quit Claim Deed | -- | First American Title Ins Co | |
| Warranty Deed | $485,280 | First American Title Ins Co | |
| Warranty Deed | $415,280 | Stewart Title Of Spokane | |
| Quit Claim Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $195,200 | Stewart Title Of Spokane |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | New Conventional | |
| Closed | $150,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2026 08/05/26 | Sold | $985,000 | +1.0% | $143 / Sq Ft |
| 06/04/2026 06/04/26 | Pending | -- | -- | -- |
| 05/26/2026 05/26/26 | For Sale | $975,000 | -- | $141 / Sq Ft |
Source: Spokane Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,913 | $882,900 | $200,400 | $682,500 |
| 2025 | $9,913 | $913,700 | $200,400 | $713,300 |
| 2024 | $10,708 | $992,300 | $175,350 | $816,950 |
| 2023 | $9,532 | $1,036,000 | $175,350 | $860,650 |
| 2022 | $7,419 | $981,300 | $175,350 | $805,950 |
| 2021 | $8,834 | $704,200 | $100,200 | $604,000 |
| 2020 | $7,134 | $575,300 | $100,200 | $475,100 |
| 2019 | $5,647 | $472,700 | $100,200 | $372,500 |
| 2018 | $6,767 | $472,700 | $100,200 | $372,500 |
| 2017 | $5,560 | $393,500 | $100,200 | $293,300 |
| 2016 | $5,608 | $384,900 | $100,200 | $284,700 |
| 2015 | $5,667 | $382,400 | $100,200 | $282,200 |
| 2014 | -- | $393,300 | $100,200 | $293,100 |
| 2013 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cole Vinson
Seller's Agent in 2026
Cole Vinson
Extant Realty
(509) 598-5985
3 in this area
11 Total Sales
-
Derek Raivio
Buyer's Agent in 2026
Derek Raivio
LT Real Estate
(360) 518-9381
1 in this area
11 Total Sales
Map
Source: Spokane Association of REALTORS®
MLS Number: 202617997
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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