12906 E 10th Ave, Spokane Valley, WA 99216
Spacious duplex on a corner lot with attached 1-bed unit, finished basement, and detached tandem shop/garage.
- Added:
- Jun 12, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 13 at 2:19 am
Property Features for 12906 E 10th Ave
General Information
- Standard status
- Active
- Size
- 3,446 SF
- Lot size
- 0.50 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1955
Listing agent Lisa Sweeney
Listing office Realty One Group Eclipse
Listing date Jun 12, 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 Realty One Group Eclipse
HighLights
- 1955 ranch duplex on a 0.5‑acre corner lot
- Main level: 3 bedrooms, 1 bath with hardwood floors, masonry fireplace, and spacious kitchen with dining area
- Fully finished basement includes 1 non‑conforming bedroom, 3/4 bath, laundry, and walk‑out access
- Attached 1 bed/1 bath unit with private living space and a fireplace
- Newer central A/C and forced air gas heat; newer sewer line
- Detached 4‑car tandem shop/garage plus 2‑car carports and off‑street/RV parking; fully fenced backyard with sprinkler system and covered patio
Overview
Set in Spokane Valley on a spacious 1/2-acre corner lot, the property includes a fully fenced backyard with a sprinkler system, covered patio, garden space, and mature shade trees. Each side provides a 2-car carport and off-street parking. Recent updates include newer central A/C, forced air gas heat, and a newer sewer line.
The detached 4-car tandem shop/garage adds substantial storage and workspace value for homeowners and operators. With private attached living quarters, the layout can support multi-generational use while also serving well for rental income. Off-street parking, additional basement space, and a fenced outdoor area further round out day-to-day practicality for tenants or future buyers.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $13.20 |
| − Vacancy | −$2.8k | −$0.81 |
| EGI | $42.7k | $12.39 |
| − OpEx | −$12.8k | −$3.72 |
| NOI | $29.9k | $8.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Spokane Valley
- County
- Spokane
- State
- Washington
- Longitude
- -117.23127
- Latitude
- 47.647686
