$7,469 Closing Credit¹
#202513536, Tiffany Ferraro, Listing Office: Amplify Real Estate Services
$1,100,000 List price
12506 E 3rd Ave Spokane Valley, WA 99216
$10,000
Closing credit¹
5,754 sqft
0.3 acres
$191 / sqft
Multi-Family
Property details
About 12506 E 3rd Ave
Valley Place Apartments conveniently located in the heart of the Spokane Valley. 6 units with 2 bedrooms and 2 bathrooms each. Each unit has on-site parking plus 6 garages that can be separately leased out. Just off the Appleway trail. Quick access to the freeway with a straight shot down Pines for the commuters and a few blocks off of Sprague for convenient shopping. This is a value-add opportunity property with the ability to increase rents, collect utilities and charge separately for garages to increase cash flow and income.
Highlights
Home typeMulti Family
HeatingElectric
StatusSale Pending
(Pending-Inspection)
(Pending-Inspection)
CoolingWall Unit(s)
Size5,754 sqft
BasementYes
Lot size0.34 Acres
Year built1995
ParkingDetached
MLS #202514630
Garage6 spaces
Summary
- MLS Number: 202514630
- MLS Name: SARMLS
- Office Name: Windermere Valley
- Office Email: valleyoffer@windermere.com
- Listing Agent: Steve Jones
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: 4/18/2025, 2:55:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,100,000
12506 E 3rd Ave
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 31, 2016 | Home Sold | $475,000 |
| Jul 01, 2005 | Home Sold | $436,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,002,500 | $9,567 |
| 2023 | $540,100 | $6,337 |
| 2022 | $540,100 | $6,337 |
| 2021 | $544,700 | $6,814 |
| 2020 | $495,500 | $6,110 |
| 2018 | $470,400 | $5,301 |
| 2017 | $352,630 | $6,676 |
History based on county public records data.
Nearby schools
5
Opportunity Elementary School
Public District KG-5
0.7 mi
•1109 S Wilbur Rd
5
McDonald Elementary School
Public District KG-5
0.8 mi
•1512 S McDonald Rd
5
Broadway Elementary School
Public District KG-5
1.2 mi
•11016 E Broadway Ave
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 $38,118. Most Spokane Valley, WA residents have annual incomes less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
47%
<35k
43%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
53%
Single, No Kids
10%
Single, with Kids
24%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
37%
35-64 yrs old
21%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Horse Races
Figure Skating
Where do the neighbors shop?
Chico's
Stein Mart
Dillards
Where do the neighbors go to eat?
Cracker Barrel
LongHorn Steakhouse
Bob Evans
What do the neighbors drive?
Buick
Oldsmobile
Hyundai
What do the neighbors listen to?
Soft Adult Contemporary
Contemporary Inspirational
News
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
Living in Spokane Valley, WA
About 12506 E 3rd Ave
This home is located at 12506 E 3rd Ave in Spokane Valley, WA and zip code 99216. This 5,754 square foot home, which was built in 1995, sits on a 0.34 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 8, 2025 and is currently priced at $1,100,000.
In March 2025 more than 19 listings in Spokane Valley, WA were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 33 were sold below. The number of homes for sale in Spokane Valley, WA increased by 31% between February and March 2025. Listings spent 36 days on the market in March 2025, and had a median list price of $426,362 during the same period.
From Rocket Homes Real Estate and based on county public records data.