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.
Closed
$1,100,000
12506 E 3rd Ave, Spokane Valley, WA 99216
12beds
12baths
5,754sqft
Multi Family
Built in 1995
-- sqft lot
$1,098,300 Zestimate®
$191/sqft
$1,620 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 02, 2025 at 04:42pm
Listed by:
Steve Jones 509-951-9155,
Windermere Valley
Source: SMLS,MLS#: 202514630

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 12
Heating
- Electric
Cooling
- Wall Unit(s)
Features
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 5,754
- Total interior livable area: 5,754 sqft
Property
Parking
- Total spaces: 6
- Parking features: Detached
- Garage spaces: 6
Features
- Levels: Three Story
- Stories: 3
Lot
- Size: 0.34 Acres
Details
- Parcel number: 45222.0663
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1995
Community & neighborhood
Location
- Region: Spokane Valley
Other
Other facts
- Listing terms: Conventional,Cash
- Road surface type: Paved
Services availability

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$1,098,300
2% more+ $21,966
With Zillow Showcase(estimated)
$1,120,266