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Dale Smith
REALTOR®
(509) 991-6290

12816 E Main Ave, Spokane Valley, WA 99216

$975,000
  • 12816 E Main Ave, Spokane Valley, WA 99216 Main Photo

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New to the Market Active
BEDS1 BATHS1 SQUARE FEET6,912 MLS#202617997
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLCentral Valley

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 Valleys 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.

12816 E Main Ave | MLS# 202617997

This multi-family property located at 12816 E Main Ave, Spokane Valley, WA 99216 is currently listed for sale with an asking price of $975,000. E Main Ave is located within the Central Valley school district. Search Spokane Valley real estate on dsmith.cbspokane.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Lot Size: 0.58 Acres
Roof Type: Composition
Taxes: $10,008
Year Built: 1972

Feature Descriptions

Association Amenities: Laundry, Storage
Days on Site: 1
Exterior: Brick Veneer
Heating/Cooling: Electric, Baseboard
Parcel#: 45153.3906
Parking: Carport, Off Site
SQ. FT. Total: 6912

Local Schools

School District: Central Valley

Listed By / Shown By

Listed By

Agency Name: Extant Realty

Shown By

Agent Name: Dale Smith
Agent Phone: (509) 991-6290
Agency Title: Coldwell Banker Tomlinson

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Estimated Payment

$ 3,288.30 per month $2,169.93 Principal & Interest $834.00 Property Tax $284.38 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers 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 on this site was last updated 05/27/2026. The listing information on this page last changed on 05/27/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/27/2026 12:21:07 PM EST) or Coeur dAlene MLS (last updated Wed 05/27/2026 12:18:01 PM EST) or Spokane MLS (last updated Wed 05/27/2026 12:16:59 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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