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5-Unit Townhome Apartment Building
For Sale
$1,495,000
Pending

12402 E Broadway Ave, Spokane Valley, WA 99216

MultiFamily, Multi Level, Spokane Valley, WA

Property Size1,030 SF
Lot Size0.55 Acres
Days on Market160

Property Features for 12402 E Broadway Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning CMU
Bedrooms 15
Full bathrooms 15
Rooms Bedroom 6, Bathroom 1, Bathroom 14, Bedroom 13, Bedroom 7, Bedroom 14, Bathroom 11, Bathroom 13, Bathroom 12, Bathroom 9, Bedroom 8, Bedroom 3, Bathroom 6, Bedroom 2, Bedroom 5, Bedroom 15, Bedroom 4, Bedroom 10, Bedroom 9, Bathroom 3, Bathroom 15, Bedroom 12, Bathroom 2, Bathroom 7, Bathroom 8, Bedroom 1, Bathroom 4, Bedroom 11, Bathroom 10, Bathroom 5
Subdivision Spokane
Lot features Level
Directions Take I-90 to Exit 289 for Pines Rd and head north. Turn right onto E Broadway Ave and continue east for about two blocks, passing the coffee stands at the corner
Standard status Pending
APN 45153.0418
Size 1,030 SF
Lot size 0.55 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description N2 N2 E153 W210 E215 W4/5 BLK 84 EXC ST. ALSO EXC N 2FT PER R/W DEED AFN 7054346.
Tax Annual Amount 16019
Legal Description N2 N2 E153 W210 E215 W4/5 BLK 84 EXC ST. ALSO EXC N 2FT PER R/W DEED AFN 7054346.

Utilities

Sewer type Public Sewer
Heating system Electric (Heating)
Water source Public

Amenities

in unit washer and dryer
private patios and balconies
storage
kitchen islands
hard surface countertops
stainless steel appliances
LVP flooring
high end finishes

Building Details

Year built 2020
Number of units 5
Building materials Vinyl Siding, Frame
Roof type Composition
Architectural style Other
Listing Agency: SVN Cornerstone Commercial
Listed By: Jordan Lester · License #1271842
Added: Apr 17 Changed: Sep 17 Last Checked: Sep 23 at 5:06AM
MLS# 26-3670

Copyright © 2026 Coeur d'Alene Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Eastside Estates is a five-unit apartment property in Spokane Valley, with each residence arranged across two stories and offering three bedrooms and three bathrooms. The 2020 construction includes vinyl siding, electric heating, composition roofing, and public water and sewer. Interior features include hard-surface countertops, stainless steel appliances, LVP flooring, kitchen islands, and in-unit washers and dryers. Each unit also includes a deep attached one-car garage, storage, off-street parking, and a private patio or balcony.

The property occupies 0.55 acres at 12402 E Broadway Ave in Spokane Valley, Washington, and carries CMU zoning. The unit design provides a consistent layout across the community while incorporating private exterior space and dedicated garage access for each residence.

Key Highlights

  • Five two‑story townhome units, each with 3 bedrooms and 3 bathrooms
  • Built in 2020 on a 0.55‑acre site
  • One attached garage per unit, plus off‑street parking

Property Analytics

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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.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,579
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Two-story residences combine private outdoor areas, attached garages, in-unit laundry, and contemporary interior finishes.
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: Five two‑story townhome units, each with 3 bedrooms and 3 bathrooms; Built in 2020 on a 0.55‑acre site; One attached garage per unit, plus off‑street parking
More about this property
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