12816 E Main Ave
Spokane, WA 99216
- 11 Beds
- 11 Baths
- 6,912 sqft (on 0.58 acres)
11 Beds
11 Baths
6,912 sqft
(on 0.58 acres)
Local Information
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Description
Excellent Spokane Valley Cash-Flow Opportunity This 11-unit apartment building offers immediate income and strong long-term value for the hands-on investor. Built in 1972, the property features eleven 1-bedroom units with excellent occupancy history and consistent rental demand in one of Spokane Valley’s most stable rental pockets. 11 Units – All 1BD (approximately 500-600 SF) 100% Occupied at time of listing Strong in-place cash flow with proven tenant base Value-add upside through updating units and increasing rents. Excellent location with easy access to I-90, shopping, services, and employment centers This is a true turnkey multifamily asset, ideal for the investor seeking predictable monthly income and long term equity-building potential.
Home Highlights
Parking
4 Carport Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$141
Listed
3 days ago
Home Details for 12816 E Main Ave
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MLS Status: Active |
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Interior Details Basement: None |
Beds & Baths Number of Bedrooms: 11Number of Bathrooms: 11 |
Dimensions and Layout Living Area: 6912 Square Feet |
Heating & Cooling Heating: Electric,BaseboardNo CoolingHas HeatingHeating Fuel: Electric |
Fireplace & Spa No Fireplace |
Levels, Entrance, & Accessibility Levels: Two |
View No View |
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Exterior Home Features Roof: Composition |
Parking & Garage Number of Carport Spaces: 4Number of Covered Spaces: 4Has a CarportParking Spaces: 4Parking: Carport,Off Site |
Frontage Road Frontage: City Street, Private Road |
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Days on Market: 3 |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: Residential Income |
Building Construction Materials: Brick Veneer |
Property Information Parcel Number: 45153.3906 |
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Price List Price: $975,000Price Per Sqft: $141 |
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Direction & Address City: Spokane Valley |
School Information Elementary School District: Central Valley |
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Listing Agent Listing ID: 202617997 |
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Building Area Building Area: 6912 Square Meters |
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Lot Area: 0.58 acres |
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Listing Terms: Conventional, Cash |
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Mls Number: 202617997 |
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HOA Amenities: Laundry,Storage |
Last check for updates: 13 minutes ago
Listing courtesy of Cole Vinson, (509) 598-5985
Extant Realty
Source: SMLS as distributed by MLS GRID, MLS#202617997

Also Listed on SMLS as distributed by MLS GRID.
Price History for 12816 E Main Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/26/2026 | $975,000 | Listed For Sale | SMLS as distributed by MLS GRID #202617997 |
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Comparable Sales for 12816 E Main Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.30 | Multi-Family Home | $625,000 | 11/13/25 | 6 | 4 | 2,910 | |
0.76 | Multi-Family Home | $499,975 | 04/02/26 | 8 | 4 | 2,748 | |
0.83 | Multi-Family Home | $532,500 | 06/30/25 | 3 | 2 | 3,354 | |
0.67 | Multi-Family Home | $438,403 | 09/29/25 | 5 | 4 | - | |
1.30 | Multi-Family Home | $558,000 | 02/13/26 | 6 | 4 | 2,660 | |
1.25 | Multi-Family Home | $385,000 | 12/31/25 | 4 | 6 | 2,436 | |
1.25 | Multi-Family Home | $474,000 | 10/29/25 | 6 | 4 | 2,834 | |
1.06 | Multi-Family Home | $425,000 | 12/01/25 | 4 | 2 | 1,757 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 12816 E Main Ave.
What Locals Say about Spokane Valley
At least 454 Trulia users voted on each feature.
90 % Say it's dog friendly
86 % Say car is needed
84 % Say parking is easy
82 % Say yards are well-kept
79 % Say there's holiday spirit
74 % Say kids play outside
61 % Say it's quiet
60 % Say people would walk alone at night
57 % Say it's walkable to grocery stores
56 % Say neighbors are friendly
53 % Say there's wildlife
51 % Say there are sidewalks
51 % Say they plan to stay for at least 5 years
47 % Say streets are well-lit
43 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Cole Vinson, Extant Realty
Agent Phone: (509) 598-5985

Based on information submitted to the MLS GRID as of 2026-05-29 16:03:12 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
12816 E Main Ave, Spokane, WA 99216 is a 11 bedroom, 11 bathroom, 6,912 sqft multi-family built in 1972. This property is currently available for sale and was listed by SMLS as distributed by MLS GRID on May 26, 2026. The MLS # for this home is MLS# 202617997.

