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12402 E Broadway Ave

Spokane Valley, WA 99216

– beds
– baths
10,250 sqft
~1/2 acre lot
$180 per sqft
2020 build
– on site

100% Leased, Prime Valley Luxury Townhouses (5-Plex) for sale. Rents range from $1,950 to $2,150 per Unit. Projected Market Rents: $2,300 per Month with a 5% CAP. $180.00 per Square Foot value. Centrally located in the heart of the Spokane Valley and near a variety of amenities. Deluxe oversized units consisting of 3 bedrooms and 3 bathrooms per townhouse with upgraded finishes. This well maintained property is elite for any investor buyer looking to buy a newer investment property and avoid new development expenses. Great potential Airbnb or Condo.

Listing courtesy of SARMLS / G. Arger Company

Last checked: Checking… • Last updated May 3, 2025 •

MLS# 202516154 —

The Building

Year Built:

2020
Construction Materials:

Fiber Cement
Structure Type:

Townhouse, Two Story
Stories:

2
Roof:

Composition
Basement:

Slab, None
Basement:

false
Accessibility Features:

Door Width 32 Inches or More, Flash Smoke Detector, Hallways 32+
Building Area Total:

10250
# of Units Total:

5

Interior

Interior Features:

Smart Thermostat, Pantry, Kitchen Island, Windows Vinyl

Financial & Terms

Listing Terms:

Conventional, Cash, Owner Financing, Commercial

The Property

Property Type:

Residential Income
Property Subtype:

Rental
Road Frontage Type:

Paved Road, City Street, Private Road
Lot Features:

Sprinkler - Automatic, Level, Secluded, Cul-De-Sac, City Bus (w/in 6 blks), Fencing, Surveyed
Lot Size SqFt:

24,174 Sqft
Lot Size Acres:

0.55
View:

City, Park/Greenbelt
Parcel Number:

45153.0418
Additional Parcels:

false
Living Area:

10250

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$12,481

Heating & Cooling

Heating:

Natural Gas, Forced Air, Hot Water
Cooling:

Central Air

Appliances

Appliances:

Free-Standing Range, Dishwasher, Refrigerator, Disposal, Microwave, Hard Surface Counters

Schools

Elementary School:

Broadway
Elementary School District:

Central Valley
High School:

University

The Community

Association Amenities:

Cable TV, Deck, Patio, Play Area

Parking

Garage Spaces:

5
Parking Features:

Attached

The information being provided by Spokane Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	SARMLS	$1,850,000	8.8% (2.2% / YR)
2/13/25 Feb 13, 2025	Price Changed	SARMLS
12/2/24 Dec 2, 2024	Price Changed	SARMLS

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This multifamily located in Opportunity, Spokane Valley, WA 99216 is currently for sale for $1,850,000. 12402 E Broadway Ave is a 10,250 square foot multifamily with – beds and – baths that has been on Estately for 1 days. 12402 E Broadway Ave is in the Opportunity neighborhood of Spokane Valley. This multifamily is in the attendance area of University High School.

Listing Courtesy of: SARMLS and G. Arger Company.