For Sale
$2,150,000

12402 Broadway AveSpokane Valley, WA 99216

Five-plex, prime location, high ROI

Overview

Added:
Dec 11, 2024
Days on market:
111
This exceptional five-unit townhouse complex, built in 2020 and renovated in 2021, presents a lucrative investment opportunity in Spokane Valley, WA. Located at 12402 E Broadway Ave, 99216, this Class A property boasts a total of 10,250 square feet on a spacious 24,174 square foot lot. Each of the five townhouses features three bedrooms and three bathrooms, offering deluxe oversized living spaces with upgraded finishes. The property's central location provides easy access to a variety of amenities. The asking price is $2,150,000, translating to $209.76 per square foot and $224.39 per square foot for the land value. The property is zoned CMU, offering flexibility for potential uses. This well-maintained property is ideal for investors seeking a newer investment property, eliminating the costs and delays associated with new development. The property's high-quality construction and desirable location make it an excellent choice for long-term rental income or short-term rentals such as Airbnb. The single building, two-story structure is a turnkey investment ready for immediate income generation. APN: 45153.0418.

Highlights

  • Five-unit townhouse complex, built in 2020 & renovated in 2021.
  • Located at 12402 E Broadway Ave, Spokane Valley, WA 99216.
  • 10,250 square feet building on a 24,174 square foot lot.
  • Each unit features three bedrooms and three bathrooms with upgraded finishes.
  • Asking price: $2,150,000 ($209.76 PSF, $224.39 land PSF); CMU zoning.
  • Turnkey investment with immediate income potential; APN: 45153.0418.

Property Details for 12402 Broadway Ave

Property type
Square Feet
10,250 SF
Class
A
Year Built/Renovated
2020/2021
Buildings
1
Stories
2
Units
5

Location Insight

City
Spokane Valley
County
Spokane
State
Washington
Latitude
47.664352040361
Longitude
-117.23767537636
12402 Broadway Ave, Spokane Valley, Washington

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12402 Broadway Ave
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