Tidy little 8 unit property in the near Spokane Valley. 1950's charm and unit size. All one level living units with individual forced air gas heaters. Ample off street parking, excellent access to Trent Ave and the Broadway interchange industrial area. Common laundry is owned. The rent roll is up and the property is almost a 9% cap rate. Potential to decrease property value from $400k to $269k would increase income by approx. $1,500/yr.
8 UNIT HORSESHOE STYLE W-CENTER COURTYARD. SOME LOT TERM TENANTS. EXTRA LOT TO THE EAST ALSO INCLUDED. EACH UNIT HAS OWN FA GAS HEAT
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
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Style
Multi-Family (5+ Unit)
County
Spokane County
APN
—
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 19, 2025.
R-3
AIRPORT OVERLAY ZONE
Single-Family Residential District
Single-Family Residential. Allows for single-family residential development that provides flexibility and promotes reinvestment in existing single-family neighborhoods.
Zone overlays
Traffic Pattern Zone
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Bed & breakfast
Educational/school
Golf related
Cemetery
Park & open space
Property details
Parking
Parking Information
Parking Total: 12
Parking Features: Off Site
Carport Spaces: 0
Interior
Basement Information
Basement Features: Slab
Heating & Cooling
Heating Information: Gas Hot Air Furnace, Forced Air
Multi-Family Financial Information
Water Sewer Expense: $3,636
Other Expense: $7,755
Multi-Unit Information
# of Units (Total): 8
Unit Type 1 Information
# of Units: 6
# of Bathrooms: 1
# of Bedrooms: 1
Unit Type 2 Information
# of Units: 2
# of Bathrooms: 1
# of Bedrooms: 2
Exterior
Building Information
Construction Materials: Brick
Roof: Flat
Property Features
Home or Community Amenities: Laundry
Property Information
Property Type: Residential Income
Property Sub Type: Rental
Lot Information
Lot Size Width: 19515
Road Frontage Type: City Street
Financial
Tax Information
Tax Annual Amount: $5,135
tax_db_id: 1
list_tax_property_id: 45073.9030
Location
School Information
Elementary School District: Spokane Valley
Location Information
Address Search Number: 2012
Area: A140/068
Directions: I-90 to Broadway exit. East on Broadway, north on Park. Property on the right before the tracks.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Spokane County
APN: —
Home facts updated by county records on Nov 19, 2025
Other
Listing Information
Class: Rental Income
FIPS: 53063
1031 Exchange: No
Lender Owned: No
Relocation Corporation Owned: No
Listing Date Information
First Photo Add Dt: 2009-07-20T23:31:00
Home Information
Structure Type: One Story
Listing Office Information
SAR_LO1_BranchOfOrgID: 229
Around this home
Schools
Seth Woodard Elementary School
Public K-5 • Assigned • 0.3mi
6/10
Centennial Middle School
Public 6-8 • Assigned • 0.7mi
3/10
West Valley High School
Public 9-12 • Assigned • 0.8mi
5/10
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
1/10 Fire Factor
Unlikely to be 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 • 99212
Average low and high temperatures (°F)
37
27
41
29
54
36
62
38
72
47
79
54
89
61
88
61
83
55
62
41
46
36
42
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.