OFF MARKET

Off Market Jun 2016 for $975K

—

Est. refi paymentEst. refi $4,436/mo

•

16 ba

•

—

sq ft

111 N Walnut Rd, Spokane Valley, WA 99206

About this home

Well kept brick apartment building located just off Sprague Avenue in the Spokane Valley. The current owner has done a great job of maintaining and improving the property. Many bathroom windows have been replaced with vinyl, a new roof was installed in 2014 and the mature landscaping is irrigated. Ample covered parking is provided for each of the 2br/1ba units. Additionally, there is an enormous basement that contains common coin operated laundry and storage. See flyer for income/expense.

Multi-familyProperty Type

1966Year Built

0.85 acresLot Size

1818 spacesParking

Listed by Jay Overholser • SDS Realty, Inc.

Bought with Karla Kaley • KPS Realty

Redfin checked: 2 minutes ago

•Source:SPOKANEMLS as Distributed by MLS Grid #201611766

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 99206, WA

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.1%

+0.4% MoM

Median sale price

$455K

$5K MoM

Avg. days on market

21d

6 days MoM

Recently sold homes

136

9 MoM

New listings for sale

NEW 7 HRS AGO
$499,000
4 beds3 baths2,236 sq ft
1706 S Pines Rd, Spokane Valley, WA 99206
NEW 8 HRS AGO
$400,000
3 beds1 bath2,368 sq ft
521 S Union Rd, Spokane Valley, WA 99206
NEW 10 HRS AGO
$382,500
3 beds2 baths1,752 sq ft
4043 S Schafer Rd, Spokane Valley, WA 99206
OPEN SAT, 11AM TO 1PM
$329,000
2 beds1 bath820 sq ft
105 N Perrine Rd, Spokane Valley, WA 99206
$435,000
4 beds3 baths1,820 sq ft
4310 S Hollow Ct, Spokane Valley, WA 99206
$469,900
4 beds2 baths2,080 sq ft
721/723 S Felts Rd, Spokane Valley, WA 99206
$549,000
6 beds3 baths— sq ft
3618 S Loretta Dr, Spokane Valley, WA 99206
$689,000
4 beds3 baths2,132 sq ft
4619 S Raymond Rd, Spokane Valley, WA 99206
$359,900
2 beds1 bath1,750 sq ft
9722 E Valleyway Ave, Spokane Valley, WA 99206
$175,000
3 beds1 bath850 sq ft
10321 E Main Ave #202, Spokane Valley, WA 99206
Julie Kuhlmann • Coldwell Banker Tomlinson
See all

Provided by Redfin

Sale history for 111 N Walnut Rd

Date

Event

Price

APPFOLIO #1

Mar 14, 2024

Rental Removed

$1,095

Nov 10, 2023

Listed for Rent

$1,095

Nov 4, 2023

Rental Removed

$1,095

Oct 21, 2023

Listed for Rent

$1,095

Oct 1, 2023

Rental Removed

$1,095

Sep 23, 2023

Price Changed

$1,095

Aug 2, 2023

Listed for Rent

$1,125

Public Records

Jun 27, 2016

Sold

$974,200

SPOKANEMLS as Distributed by MLS Grid #201611766

Jun 28, 2016

Sold

$975,000

Feb 5, 2016

Listed

$1,000,000

SPOKANEMLS as Distributed by MLS Grid #201219955

Sep 2, 2012

Listing Removed

—

May 1, 2012

Listed

$950,000

Public Records

Dec 9, 2008

Sold

$825,000

SPOKANEMLS as Distributed by MLS Grid #28021933

Dec 9, 2008

Sold

$831,000

Jun 5, 2008

Listed

$879,900

16 units - all 2bd/1ba & 1000 sqft (mol) per unit. Great space, fenced common area, 2 laundry rooms - currently $595/month in rents/unit. Room to increase rents. Storage units in basement. 16 covered parking spaces & additional uncovered parking. Very quiet neighborhood with fantastic access to shopping, bus, highway etc. Cap rate near 8%. Additional seller financing available, call for details!!!

Public Records

Sep 21, 2005

Sold

$810,000

SPOKANEMLS as Distributed by MLS Grid #2216463

Aug 9, 2002

Sold

$625,000

May 1, 2002

Listed

$650,000

Public Records

Mar 24, 1994

Sold

$479,200

Public Records

Apr 18, 1983

Sold

$350,000

Year

Property tax

Land + Additions

Assessment*

2026

$15,954 (−0.4%)

$148,360 + $1,335,940

$1,484,300

2025

$16,016 (+7.5%)

$148,360 + $1,335,940

$1,484,300

2024

$14,897 (−6.8%)

$120,550 + $1,413,750

$1,534,300

2023

$15,979 (+30.4%)

$111,300 + $1,318,700

$1,430,000

2022

$12,255 (−18.1%)

$111,270 + $932,030

$1,043,300

2021

$14,966 (+20.8%)

$111,270 + $1,086,630

$1,197,900

2020

$12,388 (+6.5%)

$111,270 + $893,230

$1,004,500

2019

$11,636 (−10.4%)

$111,270 + $873,000

$984,270

2018

$12,991 (+32.0%)

$111,270 + $590,300

$701,570

2017

$9,841 (−0.6%)

$111,270 + $590,300

$701,570

2016

$9,899 (−5.6%)

$111,270 + $573,000

$684,270

2015

$10,491

$111,270 + $602,500

$713,770

Tax history for 111 N Walnut Rd

Year

Property tax

Land + Additions

Assessment*

2026

$15,954 (−0.4%)

$148,360 + $1,335,940

$1,484,300

2025

$16,016 (+7.5%)

$148,360 + $1,335,940

$1,484,300

2024

$14,897 (−6.8%)

$120,550 + $1,413,750

$1,534,300

2023

$15,979 (+30.4%)

$111,300 + $1,318,700

$1,430,000

2022

$12,255 (−18.1%)

$111,270 + $932,030

$1,043,300

2021

$14,966 (+20.8%)

$111,270 + $1,086,630

$1,197,900

2020

$12,388 (+6.5%)

$111,270 + $893,230

$1,004,500

2019

$11,636 (−10.4%)

$111,270 + $873,000

$984,270

2018

$12,991 (+32.0%)

$111,270 + $590,300

$701,570

2017

$9,841 (−0.6%)

$111,270 + $590,300

$701,570

2016

$9,899 (−5.6%)

$111,270 + $573,000

$684,270

2015

$10,491

$111,270 + $602,500

$713,770

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

0.85 Acres

Year renovated

1966

Sq. Ft.

13,440

Year built

1966

Style

Multi-Family (5+ Unit)

County

Spokane County

APN

45174.2707

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 30, 2026.

CMU

Corridor Mixed Use District

Allows for light manufacturing, retail, multifamily, and offices along major transportation corridors. Adjacent residential zones are protected through transitional standards.

Permitted uses

Include but are not limited to:

Gas station
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Manufacturing
Warehouse
Hotel / motel
Office

Property details

Parking

Parking Information
Parking Total: 1818
Parking Features: Carport

Interior

Basement Information
Has Basement
Basement Features: Unfinished

Heating & Cooling
Heating Information: Electric, Baseboard

Interior Features
Appliances: Free-Standing Range, Refrigerator

Multi-Family Financial Information
Water Sewer Expense: $11,225

Multi-Unit Information
# of Units (Total): 16

Unit Type 1 Information
# of Units: 16
# of Bathrooms: 1
# of Bedrooms: 2

Exterior

Building Information
Construction Materials: Brick
Roof: Composition Shingle

Property Features
Home or Community Amenities: Patio, Laundry

Property Information
Property Type: Residential Income
Property Sub Type: Rental
Zoning: MF-1

Lot Information
Lot Features: Fenced Yard, Sprinkler - Automatic
Lot Size Acres: 0.85
Road Frontage Type: City Street

Financial

Tax Information
Tax Annual Amount: $10,491
tax_db_id: 1
list_tax_property_id: 45174.2707

Location

School Information
Elementary School District: Central Valley

Location Information
Address Search Number: 111
Area: A110/071
Directions: Five blocks east of Mullan Rd on N Walnut.

Public facts

Beds: —
Baths: —
Sq. Ft.: 13,440
Stories: 2.0
Lot Size: 0.85 acres
Style: Multi-Family (5+ Unit)
Year Built: 1966
Year Renovated: 1966
County: Spokane County
APN: 45174.2707

Home facts updated by county records on Jun 30, 2026

Other

Listing Information
Class: Rental Income
FIPS: 53063
Lender Owned: No
Relocation Corporation Owned: No

Home Information
Structure Type: Two Story

Listing Office Information
SAR_LO1_BranchOfOrgID: 229

Around this home

Schools

Opportunity Elementary School

Public PreK-5 • Assigned • 1.4mi

4/10

North Pines Middle School

Public 6-8 • Assigned • 1.4mi

5/10

University High School

Public 9-12 • Assigned • 2.7mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 94° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

17 unhealthy days expected this year, 17 days in 30 years

Provided by First Street

Historical weather

Spokane Valley, WA • 99206

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.

10.3 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

$1,050,000

13 beds9 baths10,568 sq ft

1103 W 9th Ave Unit 912 S Madison Ave, Spokane, WA 99204

$2,175,000

— beds— baths— sq ft

10516-10606 E Main Ave, Spokane Valley, WA 99206

$479,900

4 beds4 baths2,832 sq ft

2214 W Northwest Blvd, Spokane, WA 99204

$695,000

7 beds8 baths4,900 sq ft

611 S Bernard St, Spokane, WA 99204

$645,000

5 beds6 baths3,919 sq ft

1427 W 7th Ave, Spokane, WA 99204

$4,250,000

40 beds29 baths42,500 sq ft

507 S Howard St, Spokane, WA 99204

New listings for sale in 99206

NEW 7 HRS AGO

$499,000

4 beds3 baths2,236 sq ft

1706 S Pines Rd, Spokane Valley, WA 99206

NEW 8 HRS AGO

$400,000

3 beds1 bath2,368 sq ft

521 S Union Rd, Spokane Valley, WA 99206

NEW 10 HRS AGO

$382,500

3 beds2 baths1,752 sq ft

4043 S Schafer Rd, Spokane Valley, WA 99206

OPEN SAT, 11AM TO 1PM

$329,000

2 beds1 bath820 sq ft

105 N Perrine Rd, Spokane Valley, WA 99206

$435,000

4 beds3 baths1,820 sq ft

4310 S Hollow Ct, Spokane Valley, WA 99206

$469,900

4 beds2 baths2,080 sq ft

721/723 S Felts Rd, Spokane Valley, WA 99206

$549,000

6 beds3 baths— sq ft

3618 S Loretta Dr, Spokane Valley, WA 99206

$689,000

4 beds3 baths2,132 sq ft

4619 S Raymond Rd, Spokane Valley, WA 99206

$359,900

2 beds1 bath1,750 sq ft

9722 E Valleyway Ave, Spokane Valley, WA 99206

Home values near 111 N Walnut Rd

Data from public records.

Address	Redfin Estimate
223 North Walnut Road, Spokane Valley, WA 3 Beds \| 2 Baths \| 1980 Sq. Ft.	$394,076
105 North Walnut Road, Spokane Valley, WA 3 Beds \| 1 Baths \| 2025 Sq. Ft.	$359,445

Address	Redfin Estimate
116 North Walnut Road, Spokane Valley, WA 3 Beds \| 2 Baths \| 2816 Sq. Ft.	$492,130
208 North Walnut Road, Spokane Valley, WA 4 Beds \| 2 Baths \| 2840 Sq. Ft.	$483,542

Address	Redfin Estimate
108 North Walnut Road, Spokane Valley, WA 2 Beds \| 1 Baths \| 1304 Sq. Ft.	$301,727
17 North Walnut Road, Spokane Valley, WA 4 Beds \| 2 Baths \| 3472 Sq. Ft.	$425,706

Property information provided by undefined .

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

99223 homes for sale
99206 homes for sale
99016 homes for sale
99037 homes for sale
99019 homes for sale

Houses for rent in Spokane Valley	Agents near me	Vancouver, WA homes for sale	Spokane Valley Housing Market
Houses for sale near me	Seattle, WA homes for sale	Redmond, WA homes for sale
Land for sale near me	Bellevue, WA homes for sale	Bothell, WA homes for sale
Open Houses near me	Tacoma, WA homes for sale	Spokane Valley Property Records
Condos for sale near me	Kirkland, WA homes for sale	WA New Listings

Spokane homes for sale
Post Falls homes for sale
Rathdrum homes for sale

About this home

Redfin Estimate

Market trends in 99206, WA

Sale history for 111 N Walnut Rd

Tax history for 111 N Walnut Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 99206

Home values near 111 N Walnut Rd

More real estate resources