Beautifully updated large duplex with privately-fenced backyards. This is an investment opportunity like no other. This duplex is nestled in a quiet and desired family-friendly neighborhood in the Spokane Valley with no other duplexes on the street. These units include granite and marble countertops, porcelain kitchen flooring, newer appliances, LVP flooring, updated vinyl windows and patio doors, updated bathrooms, updated kitchens, storage shed, and a gas fireplace. Both units feature high efficiency gas furnaces, large patios with fire pits, perennial flowers, sprinkler system on wifi, wifi thermostats, separate garages, and AC upstairs. Owens Corning 50-year warranty roof installed in 2023. 3 beds and 2 baths on each side with an additional bonus room that can serve as a second living room, home theater, gym, office, or it can be converted into a 4th spacious bedroom. Currently on long-term leases for both units. This is a proven investment property.
Active
Price cut: $6.4K (9/18)
$589,500
12123 E 22nd Ave, Spokane, WA 99206
9beds
6baths
4,032sqft
MultiFamily
Built in 1968
-- sqft lot
$579,300 Zestimate®
$146/sqft
$-- HOA
What's special
Gas fireplacePorcelain kitchen flooringPerennial flowersSprinkler system on wifiSeparate garagesExtensive privately-fenced backyardsHigh efficiency gas furnaces
- 155 days
- 368
- 32
Zillow last checked:
Listing updated:
Listed by:
Chris Nye 253-460-1900,
MLS4owners.com
Source: SMLS as distributed by MLS GRID,MLS#: 202619020
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Primary bedroom
- Description: Full Bath
Dining room
- Description: Formal
Family room
- Description: Bsmt,Den or Office
Heating
- Natural Gas, Electric, Forced Air
Cooling
- Window Unit(s)
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave
- Laundry: In Basement
Features
- Windows: Vinyl Frames, Multi-Pane Windows
- Basement: Full,Finished,Daylight,Rec/Family Area,Slab
- Has fireplace: Yes
- Fireplace features: Masonry, Insert
Interior area
- Total structure area: 4,032
- Total interior livable area: 4,032 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
Features
- Fencing: Fenced Yard,Cross Fenced
Lot
- Features: Sprinkler - Automatic, Hillside, Oversized Lot, Garden
Details
- Parcel number: 452810724
Construction
Type & style
- Home type: MultiFamily
Materials
- Masonite
- Roof: Composition
Condition
- Year built: 1968
Community & HOA
HOA
- Amenities included: See Remarks
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $146/sqft
- Tax assessed value: $513,500
- Annual tax amount: $5,534
- Date on market: 6/10/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$579,300
$550,000 - $608,000
$1,745/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/18/2026 | Price change | $589,500-1.1%$146/sqft |
Source:  SMLS as distributed by MLS GRID #202619020 Report a problem | ||
| 6/10/2026 | Listed for sale | $595,900+225.1%$148/sqft |
Source: SMLS as distributed by MLS GRID #202619020 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/25/2019 | Listing removed | $1,375 |
Source: Owner Report a problem | ||
| 10/11/2019 | Listed for rent | $1,375 |
Source: Owner Report a problem | ||
| 8/31/2011 | Sold | $183,280-90.6%$45/sqft |
Source: Public Record Report a problem | ||
| 8/14/2011 | Price change | $1,950,000+900%$484/sqft |
Source: Reachoo LLC Report a problem | ||
| 2/12/2011 | Listed for sale | $195,000+46.1%$48/sqft |
Source: Windermere North Spokane LLC #201112036 Report a problem | ||
| 6/30/1998 | Sold | $133,500$33/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,534 -3.8% | $513,500 -4.1% |
| 2024 | $5,751 +19.5% | $535,400 +7.9% |
| 2023 | $4,813 +3.6% | $496,400 +3.4% |
| 2022 | $4,645 +29.3% | $480,200 +29.2% |
| 2021 | $3,594 +10% | $371,800 +41.2% |
| 2020 | $3,268 +9.2% | $263,300 +4.7% |
| 2019 | $2,992 | $251,500 +22.4% |
| 2018 | $2,992 +1.6% | $205,400 +3.4% |
| 2017 | $2,945 +5.2% | $198,600 +6.6% |
| 2016 | $2,798 +6.6% | $186,300 +5.1% |
| 2015 | $2,625 | $177,200 +2.9% |
| 2014 | $2,625 | $172,200 |
| 2013 | $2,625 -7.7% | -- |
| 2011 | $2,845 +5.6% | -- |
| 2010 | $2,694 | -- |
| 2009 | $2,694 +3.7% | -- |
| 2008 | $2,599 | -- |
| 2007 | $2,599 +18.5% | $208,500 |
| 2005 | $2,193 -0.3% | -- |
| 2004 | $2,201 +4.7% | -- |
| 2003 | $2,101 | -- |
| 2002 | $2,101 +1.4% | -- |
| 2001 | $2,072 -18.6% | $132,200 -11.5% |
| 1999 | $2,545 | $149,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 99206
Nearby schools
Schools provided by the listing agent
- District: Spokane 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.
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