Valley Place Apartments conveniently located in the heart of the Spokane Valley. 6 units with 2 bedrooms and 2 bathrooms each. Each unit has on-site parking plus 6 garages that can be separately leased out. Just off the Appleway trail. Quick access to the freeway with a straight shot down Pines for the commuters and a few blocks off of Sprague for convenient shopping. This is a value-add opportunity property with the ability to increase rents, collect utilities and charge separately for garages to increase cash flow and income.
Closed
$1,100,000
12506 E 3rd Ave, Spokane Valley, WA 99216
12beds
12baths
5,754sqft
Multi Family
Built in 1995
-- sqft lot
$1,086,900 Zestimate®
$191/sqft
$1,377 Estimated rent
Home value
$1,086,900
$1.00M - $1.18M
$1,377/mo
Zestimate® history
Owner options
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$1,377/mo
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$1,377/mo
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$6,733/mo
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$6,733/mo
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Zillow last checked:
Listing updated:
Listed by:
Steve Jones 509-951-9155,
Windermere Valley
Source: SMLS as distributed by MLS GRID,MLS#: 202514630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Electric
Cooling
- Wall Unit(s)
Features
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 5,754
- Total interior livable area: 5,754 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached
- Garage spaces: 6
Features
- Levels: Three Story
- Stories: 3
Lot
- Size: 0.34 Acres
Details
- Parcel number: 45222.0663
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1995
Community & neighborhood
Location
- Region: Spokane Valley
Other
Other facts
- Listing terms: Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2025 | Sold | $1,100,000$191/sqft |
Source:  SMLS as distributed by MLS GRID #202514630 Report a problem | ||
| 4/15/2025 | Pending sale | $1,100,000$191/sqft |
Source: SMLS as distributed by MLS GRID #202514630 Report a problem | ||
| 4/8/2025 | Listed for sale | $1,100,000+152.3%$191/sqft |
Source: SMLS as distributed by MLS GRID #202514630 Report a problem | ||
| 10/27/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/13/2023 | Listed for rent | $1,200+37.1% |
Source: Zillow Rentals Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 4/4/2019 | Listing removed | $875 |
Source: Owner Report a problem | ||
| 1/20/2019 | Listed for rent | $875+10.1% |
Source: Owner Report a problem | ||
| 11/27/2017 | Listing removed | $795 |
Source: Bored Avenue LLC SV Report a problem | ||
| 11/16/2017 | Price change | $795-6.5% |
Source: Bored Avenue LLC SV Report a problem | ||
| 11/4/2017 | Price change | $850+6.9% |
Source: Bored Avenue LLC SV Report a problem | ||
| 10/18/2017 | Price change | $795-6.5% |
Source: Owner Report a problem | ||
| 10/9/2017 | Listed for rent | $850 |
Source: Owner Report a problem | ||
| 7/29/2005 | Sold | $436,000$76/sqft |
Source: SMLS as distributed by MLS GRID #25022379 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 99216
Nearby schools
GreatSchools rating
- 4/10Opportunity Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 5/10North Pines Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10University High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Opportunity
- Middle: North Pines
- High: University
- 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.
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$1,086,900
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$1,108,638
- Washington
- Spokane County
- Spokane Valley
- 99216
- 12506 E 3rd Ave
Nearby cities
Nearby neighborhoods
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