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  • $525,000

    12003 E 23rd Ave, Spokane, WA 99206

    8beds
    2baths
    2,944sqft
    MultiFamily
    Built in 1969
    -- sqft lot
    $524,800 Zestimate®
    $178/sqft
    $1,506 Estimated rent

    Home value

    $524,800

    $493,000 - $556,000

    $1,506/mo

    Zestimate® history
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    What's special

    Modern lighting fixtures throughoutRanch-style unitAttached one-car garageFresh interior paintFully fenced backyardLuxury vinyl plank flooringNew roof
    Turnkey duplex investment opportunity in a desirable south Spokane Valley location. This income producing property is fully leased and offers immediate cash flow for investors seeking a strong addition to their rental portfolio. Each ranch-style unit features 2 bedrooms and 1 bathroom on the main floor, plus a full basement with a spacious family room and 2 non-conforming bedrooms, providing generous living space and excellent rental appeal. Extensively updated in 2024 with luxury vinyl plank flooring, fresh interior paint, modern lighting fixtures throughout, and a new roof. Each unit includes an attached one-car garage, and a fully fenced backyard, making this property highly attractive to long-term tenants. Conveniently located near shopping, restaurants, parks, public transportation, and major communter routes, this Spokane Valley duplex offers low-maintenance ownership. Whether you're expanding your real estate portfolio, completing a 1031 exchange, this is a great opportunity!

    Zillow last checked:

    Listing updated:

    Listed by:

    Amber Leigh Phone:509-220-7271,

    REAL Broker LLC

    Source: SMLS as distributed by MLS GRID,MLS#: 202619292MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 2
    Primary bedroom
    • Description: 1st Flr
    Dining room
    • Description: Informal
    Family room
    • Description: Bsmt,1st Flr
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Free-Standing Range, Dishwasher, Refrigerator, Disposal
    Features
    • Windows: Vinyl Frames
    • Basement: Full,Finished,Rec/Family Area
    • Has fireplace: No
    Interior area
    • Total structure area: 2,944
    • Total interior livable area: 2,944 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Garage spaces: 2
    Features
    • Stories: 1
    • Fencing: Fenced Yard
    Lot
    • Size: 0.31 Acres
    • Features: Level, Oversized Lot
    Details
    • Parcel number: 45281.1636

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    Materials
    • Masonite
    • Roof: Composition
    Condition
    • Year built: 1969

    Community & HOA

    HOA
    • Amenities included: None
    Location
    • Region: Spokane

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $429,200
    • Annual tax amount: $4,654
    • Date on market: 6/15/2026
    • Listing terms: FHA,VA Loan,Conventional,Cash

    Price history

    DateEventPrice
    8/6/2026Sold$525,000+1%$178/sqft
    Source: SMLS as distributed by MLS GRID #202619292 Report a problem
    7/19/2026Pending sale$520,000$177/sqft
    Source: SMLS as distributed by MLS GRID #202619292 Report a problem
    6/15/2026Listed for sale$520,000+22.4%$177/sqft
    Source: SMLS as distributed by MLS GRID #202619292 Report a problem
    11/9/2023Sold$425,000$144/sqft
    Source: Public Record Report a problem
    3/12/2019Listing removed$925
    Source: M-T Management, Inc. Report a problem
    3/6/2019Listed for rent$925+3.4%
    Source: M-T Management, Inc. Report a problem
    1/26/2018Listing removed$895
    Source: Maria Trunkenbolz Report a problem
    1/13/2018Listed for rent$895
    Source: Maria Trunkenbolz Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,654 +1.3%$429,200 +1.1%
    2024$4,595 +26.8%$424,600 +14.9%
    2023$3,623 +3.4%$369,400 +3.1%
    2022$3,505 +23.7%$358,200 +31.6%
    2021$2,833 +8.7%$272,200 +30.5%
    2020$2,607 +9.6%$208,600 +5.1%
    2019$2,378 $198,500 +25.6%
    2018$2,378 +4.1%$158,100 +3.1%
    2017$2,285 +4.9%$153,300 +5%
    2016$2,178 +3.9%$146,000 +4%
    2015$2,096 $140,400 +3.7%
    2014$2,096 $135,400
    2013$2,096 -8.7%--
    2011$2,297 +8.5%--
    2010$2,116 --
    2009$2,116 +4.6%--
    2008$2,023 --
    2007$2,023 +28.2%$160,800
    2005$1,578 +0.4%--
    2004$1,572 +2%--
    2003$1,541 --
    2002$1,541 +3%--
    2001$1,496 -7.8%$95,300
    1999$1,624 $95,300
    Find assessor info on the county website

    Neighborhood: 99206

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Central Valley

    Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $524,800
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    +$10,496
    With Zillow Showcase(estimated)
    $535,296
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $524,800
    2% more
    +$10,496
    With Zillow Showcase(estimated)
    $535,296