$7,469 Closing Credit¹
#202513536, Tiffany Ferraro, Listing Office: Amplify Real Estate Services
$1,850,000 List price
12402 E Broadway Ave Spokane Valley, WA 99216
$10,000
Closing credit¹
10,250 sqft
0.6 acres
$180 / sqft
Multi-Family
Property details
About 12402 E Broadway Ave
100% Leased, Prime Valley Luxury Townhouses (5-Plex) for sale. Rents range from $1,950 to $2,150 per Unit. Projected Market Rents: $2,300 per Month with a 5% CAP. $180.00 per Square Foot value. Centrally located in the heart of the Spokane Valley and near a variety of amenities. Deluxe oversized units consisting of 3 bedrooms and 3 bathrooms per townhouse with upgraded finishes. This well maintained property is elite for any investor buyer looking to buy a newer investment property and avoid new development expenses. Great potential Airbnb or Condo.
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air, Hot Water
StatusActive
CoolingCentral Air
Size10,250 sqft
BasementYes
Lot size0.55 Acres
Year built2020
ParkingAttached
MLS #202516154
Attached garage5 spaces
ViewCity, Park
Summary
- Appliances: Range, Dishwasher, Refrigerator, Disposal, Microwave
- Basement: Yes
- Interior: Smart Thermostat, Pantry, Kitchen Island, Windows Vinyl
- Garage Space: 5 spaces
- Attached Garage: Yes
- Parking: Attached
- View: City, Park
- Exterior: Deck, Patio
- Heating: Natural Gas, Forced Air, Hot Water
- Cooling: Central Air
- List Price: $1,850,000
- Price/SqFt: $180
- Annual Tax Amount: $11,588
- Tax Year: 2024
- Lot: Sprinklers, Level, Secluded, Cul-De-Sac, Fencing
- Directions: From I-90 take Pines Exit going South, take a left on Broadway Ave headed East, property on right side.
- Year Built: 2020
- Stories: 2
- Living Area: 10,250 SqFt
- Lot Size: 0.55 Acres
- MLS Number: 202516154
- MLS Name: SARMLS
- Office Name: G. Arger Company
- Office Email: ggarger@argerco.com
- Listing Agent: Gene Arger
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/14/2025, 12:10:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,850,000
12402 E Broadway Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Apr 15, 2021 | Home Sold | $1,700,000 |
| Jun 24, 2019 | Home Sold | $140,000 |
| Apr 11, 2007 | Home Sold | $135,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,196,900 | $11,588 |
| 2023 | $843,700 | $9,940 |
| 2022 | $843,700 | $9,940 |
| 2021 | $628,220 | $7,827 |
| 2020 | $72,520 | $888 |
History based on county public records data.
Nearby schools
5
Broadway Elementary School
Public District KG-5
0.9 mi
•11016 E Broadway Ave
5
Opportunity Elementary School
Public District KG-5
1.3 mi
•1109 S Wilbur Rd
5
McDonald Elementary School
Public District KG-5
1.5 mi
•1512 S McDonald Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $39,962. The most common annual income of people living in Spokane Valley, WA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
41%
<35k
53%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
16%
Single, with Kids
12%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
26%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
UFC
Pro Wrestling
Figure Skating
Where do the neighbors shop?
Family Dollar
Burlington
Forever 21
Where do the neighbors go to eat?
Burger King
Cicis Pizza
Church's Chicken
What do the neighbors drive?
Buick
Pontiac
Cadillac
What do the neighbors listen to?
Urban Contemporary
Jazz
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Spokane Valley, WA
Transportation options in Spokane Valley cater to a variety of preferences, with a network of roads and highways that facilitate travel and commuting within the region. Public transit services are available, connecting residents to key areas within the Valley and to the greater Spokane region. The area is also equipped with bike lanes and trails, promoting a bike-friendly environment. While some neighborhoods are more walkable than others, efforts are being made to enhance pedestrian accessibility across the community.
Residents of Spokane Valley benefit from a solid educational system, including a number of public and private schools that cater to various educational needs. The community is served by several healthcare facilities, providing a range of services from primary care to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options are plentiful, with establishments ranging from local boutiques to national chains, and restaurants that offer a taste of the local cuisine as well as international flavors.
Spokane Valley is celebrated for its community-oriented atmosphere and scenic beauty, with the Spokane River and numerous parks enhancing the local character. The area prides itself on a blend of urban and suburban elements, offering residents a peaceful yet connected lifestyle. Seasonal events and festivals reflect the community's engagement and the region's traditions, contributing to the Valley's distinct sense of place.
The housing landscape in Spokane Valley offers a diverse array of options, with single-family homes being a significant component of the market. Architectural styles vary, with a mix of contemporary, ranch, and craftsman designs prevalent throughout the area. The market also includes a selection of apartments and townhouses, accommodating a range of living preferences. The majority of the homes were constructed during a development boom in the late 20th century, reflecting the area's growth during that period. The homeownership rate in Spokane Valley is robust, with a substantial portion of residents owning their homes.
About 12402 E Broadway Ave
This home is located at 12402 E Broadway Ave in Spokane Valley, WA and zip code 99216. This 10,250 square foot home, which was built in 2020, sits on a 0.55 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,850,000.
In April 2025, from all listings sold in Spokane Valley, WA there were more than 35 sold above asking price, over 23 sold below and more than 31 were sold right at the asked price. The number of homes for sale in Spokane Valley, WA increased by 21.2% between March and April 2025. Listings spent 23 days on the market in April 2025, and had a median list price of $426,786 during the same period.
From Rocket Homes Real Estate and based on county public records data.