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 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.
Pending
$975,000
12816 E Main Ave, Spokane, WA 99216
11beds
11baths
6,912sqft
MultiFamily
Built in 1972
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
- 43 days |
- 45 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Cole Vinson 509-598-5985,
Extant Realty
Source: SMLS as distributed by MLS GRID,MLS#: 202617997
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 11
Heating
- Electric, Baseboard
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 6,912
- Total interior livable area: 6,912 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport, Off Site
- Carport spaces: 4
Features
- Levels: Two
Lot
- Size: 0.58 Acres
Details
- Parcel number: 45153.3906
Construction
Type & style
- Home type: MultiFamily
Materials
- Brick Veneer
- Roof: Composition
Condition
- Year built: 1972
Community & HOA
HOA
- Amenities included: Laundry, Storage
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $141/sqft
- Annual tax amount: $10,008
- Date on market: 5/26/2026
- Listing terms: Conventional,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Pending sale | $975,000$141/sqft |
Source:  SMLS as distributed by MLS GRID #202617997 Report a problem | ||
| 5/26/2026 | Listed for sale | $975,000$141/sqft |
Source: SMLS as distributed by MLS GRID #202617997 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99216
Nearby schools
GreatSchools rating
- 4/10Opportunity Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10North Pines Middle SchoolGrades: 6-8Distance: 0.6 mi
- 8/10Central Valley High SchoolGrades: 9-12Distance: 1.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Spokane County
- Spokane Valley
- 99216
- 12816 E Main Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Spokane Valley Topics
