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Spokane Valley Townhome Units
For Sale
$1,495,000

12402 E Broadway Ave, Spokane Valley, WA 99216

Five modern townhome units in Spokane Valley location.

Property Size10,030 SF
Price / SF$799.04
Days on Market159

Property Features for 12402 E Broadway Ave

General Information

Standard status Active
Size 10,030 SF
Property subtype Multifamily

Building Details

Building Size 10,030 SF
Year Built 2020
Listing Agency: SVN Cornerstone LLC
Listed By: Jordan Lester, CCIM, MBA · License #WA #21008495
Source: Svn
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 11 at 5:39AM

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 SVN Cornerstone LLC

Investment Insights

Based on property information with market context.

Eastside Estates, located at 12402 E Broadway Ave in Spokane Valley, consists of five two-story townhome units. Each unit features three bedrooms and three bathrooms. Constructed in 2020, the property offers modern construction and efficient systems. The units are spacious, with 1,871 square feet, and feature hard surface countertops, stainless steel appliances, LVP flooring, in-unit washer and dryer, private patios and balconies, storage, off-street parking, and a one-car garage. The kitchen islands are designed for modern living. The property is located in the Opportunity submarket with convenient access to I-90, schools, parks, and major employment centers. Current rents average $2,063 versus $2,200 market rents, offering immediate upside.

Key Highlights

  • Newer Construction (2020) - Modern construction, efficient systems.
  • Spacious Modern Layouts (1,871 SF) - Includes hard surface countertops, stainless steel appliances, LVP flooring, in‑unit washer and dryer, private patios/balconies, storage, off‑street parking, and a deep one‑car garage.
  • Strong Rental Demand - Prime Spokane Valley location with convenient access to I‑90, schools, parks, and major employment centers.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Big Box & Wholesale Store HVAC Service Electrical Service Parking Lot & Garage Building Supply Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby

Demographics for 99216, WA

28,379
Population
12,703
Households
2.2
Avg Household Size
37
Median Age
22%
College-Educated
95%
High-School Grad
14.2 sq mi
ZIP Area
1,999
Density / Sq Mi
$69,958
Median Household Income
$40,652
Median Earnings
$1,307
Median Rent
$336,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five modern townhome units in Spokane Valley location.
Where is this apartment building located?
The property is located at 12402 E Broadway Ave Spokane Valley, WA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Newer Construction (2020) - Modern construction, efficient systems.; Spacious Modern Layouts (1,871 SF) - Includes hard surface countertops, stainless steel appliances, LVP flooring, in‑unit washer and dryer, private patios/balconies, storage, off‑street parking, and a deep one‑car garage.; Strong Rental Demand - Prime Spokane Valley location with convenient access to I‑90, schools, parks, and major employment centers.
More about this property
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