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Sold on 07/12/2026
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12003 E 23rd Ave, Spokane Valley, WA 99206

  • $520,000

    Last sold 07/12/2026 after 27 Days

  • —

    bed

  • —

    bath

  • 2,944

    Sqft ($177/Sqft)

Multi-family not for sale
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About 12003 E 23rd Ave

Property type Multi-family
Neighborhood
Year built 1969
HOA fee $0/month
Lot size 0.31 Acre
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
Turnkey duplex investment opportunity in a desirable south Spokane Valley location. This income producing property is fully leased and offers immediate cash flow for investors seeking a strong addition to their rental portfolio. Each ranch-style unit features 2 bedrooms and 1 bathroom on the main floor, plus a full basement with a spacious family room and 2 non-conforming bedrooms, providing generous living space and excellent rental appeal. Extensively updated in 2024 with luxury vinyl plank flooring, fresh interior paint, modern lighting fixtures throughout, and a new roof. Each unit includes an attached one-car garage, and a fully fenced backyard, making this property highly attractive to long-term tenants. Conveniently located near shopping, restaurants, parks, public transportation, and major communter routes, this Spokane Valley duplex offers low-maintenance ownership. Whether you're expanding your real estate portfolio, completing a 1031 exchange, this is a great opportunity!
Listed by
Listing Agent - Amber Leigh
Listing Office - REAL Broker LLC
Source: SAR MLS mls logo
MLS#202619292 • last updated 1 week ago
Movoto checked SAR MLS for data 11 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Natural Gas, Forced Air
Levels/Style 1, Ranch
Living Area 2944
Type Residential Income
Lot Size (Acres) 0.31
Year Built 1969
Interior
Basement Full, Finished, Rec/Family Area
Appliances Free-Standing Range, Dishwasher, Refrigerator, Disposal
Exterior
Construction Masonite
Roof Composition
Parking Desc Attached
# Garage Spaces 2
Lot Desc Fenced Yard, Level, Oversized Lot
Location
County Spokane
Elem School District Central Valley
Multifamily Details
Total # Of Units 2
Lot/ Land Details
Road Frontage City Street
$510K
Range: $479K-$540K
Last 30 days 
Rental est.: $1,046/month
Gross rent multiplier: 41.4
  • Aug 2026
    mls logo MLS # 202619292
  • Aug 7, 2026 Sold
    —
  • Jul 18, 2026 Pending
    —
  • Jun 15, 2026 Listed
    $520,000 (+22.4%)
  • Nov 2023
    Public Records
  • Nov 9, 2023 Sold
    $425,000
  • 12003 E 23rd Ave
    $520K
  • Opportunity
    $425K +3% y/y
  • 99206
    $450K -2% y/y
  • Spokane Valley
    $465K -3% y/y
No chart available
Statistics calculated by Movoto

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6/10
South Pines Elementary School
public Grades PK, K-5
Central Valley School District
3/10
Bowdish Middle School
public Grades 6-8
Central Valley School District
6/10
University High School
public Grades 9-12
Central Valley School District
Source: GreatSchools.org © 2026. All rights reserved.

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