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Turnkey Duplex Rental Property

12003 E 23rd Ave Spokane Valley, WA 99206

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For Sale
$520,000

Updated duplex with two ranch-style units, attached garages, and fenced backyards—built for straightforward residential income.

Type:Multi Family Home
Property size:
2,944 SF
Price / SF:
$176/SF
Added:
Jun 26, 2026
Days on Market:
17
Last Refresh:
Jun 28 at 1:58 am

Property Features for 12003 E 23rd Ave

General Information

Standard status
Active
Size
2,944 SF
Property subtype
Multi Family Home

Building Details

Year Built
1969

Listing office REAL Broker LLC

Listing date Jun 26, 2026

Source Clearwaterproperties

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of REAL Broker LLC


Investment Insights

Based on property information with market context.

This turnkey duplex features two ranch-style units, each with two bedrooms and one bathroom on the main floor. In addition to the main level layout, every unit includes a full basement with a spacious family room and two non-conforming bedrooms, creating added flexibility for tenant living space. The property has been extensively updated in 2024 with luxury vinyl plank flooring, fresh interior paint, modern lighting fixtures, and a new roof. Each unit also benefits from an attached one-car garage and a fully fenced backyard.

The duplex is located in south Spokane Valley and is described as being near shopping, restaurants, parks, public transportation, and major commuter routes. That convenience can support day-to-day tenant needs while keeping the property practical for residential renters.

For investors or owner-operators, the configuration provides two separate rental units within one asset, with basements that add usable room beyond the main floor. The attached garages and fenced yards are features that many tenants value for day-to-day convenience. The property is described as fully leased, which may appeal to buyers looking for an income-producing residential asset with recent capital improvements.

Key Highlights

  • Ranch‑style duplex built in 1969 with two units, each offering 2 bedrooms and 1 bathroom on the main floor
  • Each unit includes a full basement with a spacious family room plus 2 non‑conforming bedrooms
  • Extensively updated in 2024 with new roof, luxury vinyl plank flooring, fresh interior paint, and modern lighting fixtures

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Restaurant Dental Office Auto Repair Shop Hair Salon Pharmacy Nail Salon Big Box & Wholesale Store HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Updated duplex with two ranch-style units, attached garages, and fenced backyards—built for straightforward residential income.
Where is this duplex located?
The property is located at 12003 E 23rd Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Ranch‑style duplex built in 1969 with two units, each offering 2 bedrooms and 1 bathroom on the main floor; Each unit includes a full basement with a spacious family room plus 2 non‑conforming bedrooms; Extensively updated in 2024 with new roof, luxury vinyl plank flooring, fresh interior paint, and modern lighting fixtures
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