Property Details
12402 E Broadway Ave
Spokane Valley, WA 99216
$1,495,000
Pending
CBA# 708272 courtesy of CBA
Listing firm: SVN Cornerstone LLC
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Property Overview
We are pleased to present the Eastside Estates for sale located at 12402 E Broadway Ave in the Spokane Valley. The Eastside Estates consist of 5 two-story townhome units, each offering three bedrooms and three bathrooms. The property features newer construction with high end finishes, one attached garage per unit, in unit washer and dryer, and kitchen islands designed for modern living.-Newer Construction: Built in 2020, the property offers modern construction, efficient systems, and low future maintenance-Spacious Modern Layouts: Large 1,871 SF units featuring hard surface countertops, stainless steel appliances, LVP flooring, in-unit washer and dryer, private patios and balconies, storage, off-street parking, and a deep one-car garage, designed for comfortable living and strong tenant appeal-Investor Friendly Location: Spokane Valley location with less red tape and 90-day rent increase notices versus 180 days in the City of Spokane-Strong Rental Demand: Prime Spokane Valley location in the Opportunity submarket with convenient access to I-90, schools, parks, and major employment centers, supporting consistent tenant demand and long-term stability-Rental Upside: Current rents average $2,061 versus $2,200 market rents, offering immediate upside
Property Details
Property Information
Property Type
Commercial Sale
Status
Pending
County
Spokane
Listed
Jul 31, 2026
Financial Summary
Cap Rate
5.00%
Building & Use
Building Sq Ft
10,250
Total Units
5
Zoning
CMU
Possible Use
Multi-Family
Year Built
2020
Exterior & Lot
Year Built
2020
Location
City
Spokane Valley
County
Spokane
Coordinates
47.66420, -117.23800
