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Five-Townhome Apartment Community
For Sale
$1,495,000
Pending

12402 E Broadway Ave, Spokane Valley, WA 99216

MULTI_FAMILY - Spokane Valley, WA

Property Size1,030 SF
Lot Size0.55 Acres
Days on Market112

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 3, Bathroom 1, Bathroom 11, Bathroom 2, Bedroom 4, Bedroom 13, Bathroom 14, Bathroom 15, Bedroom 12, Bathroom 6, Bathroom 13, Bedroom 2, Bedroom 7, Bathroom 10, Bedroom 6, Bedroom 9, Bathroom 3, Bedroom 11, Bedroom 10, Bathroom 4, Bedroom 8, Bedroom 15, Bathroom 5, Bedroom 5, Bathroom 8, Bedroom 14, Bedroom 1, Bathroom 9, Bathroom 7, Bathroom 12
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
kitchen islands
hard surface countertops
stainless steel appliances
LVP flooring
private patios
balconies
storage
off street parking
deep one car garage

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: Aug 5 Last Checked: Aug 6 at 3:06PM
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.

SVN Cornerstone presents Eastside Estates at 12402 E Broadway Ave in Spokane Valley. The property consists of five two-story townhome units, each with three bedrooms and three bathrooms. Built in 2020, the community includes in-unit washer and dryer, private patios and balconies, and storage for tenant convenience.

Each unit features one attached garage, described as a deep one-car garage, along with off-street parking. The property is served by public water and public sewer and is heated with electric HVAC. The exterior is constructed with vinyl siding, and the roof is listed as composition.

Zoned CMU, Eastside Estates is positioned as a modern multifamily option within the Spokane Valley area, offering practical in-unit living features designed for tenant appeal.

Key Highlights

  • Eastside Estates includes 5 two‑story townhome units with 3 bedrooms and 3 bathrooms each
  • Built in 2020 with electric heating and modern in‑unit washer and dryer
  • 0.55‑acre site with private patios and balconies for each unit

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.

Lease Details

5
Residential units

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
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Built in 2020, Eastside Estates is a CMU-zoned apartment community with in-unit washer and dryer plus attached garages per unit.
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: Eastside Estates includes 5 two‑story townhome units with 3 bedrooms and 3 bathrooms each; Built in 2020 with electric heating and modern in‑unit washer and dryer; 0.55‑acre site with private patios and balconies for each unit
More about this property
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