$970,000

2012 N Park Rd

Spokane Valley, WA 99212

Listed by Ryan Towner, LT Real Estate

Units
8
Built
1956
On market
228 days
Cap rate~6.7%
Cash-on-cash~0.4%
Cash flow+$98
Aaron Beal

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Purchase details

Purchase price
Closing costs 2.5%
Repairs and remodel

Loan details

Down payment
Interest rateour standard rate

Rents

Rents coming in⁠not on the MLS, confirmed with the listing agent

Expenses

Principal & interest5,353
Property tax 2026⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses1,320

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance1,223

What is left

Cash left over each month+$98

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
111530$925estimated Rentometer $1,126 · RentCast $1,060$1,126$1,060
211530$925estimated Rentometer $1,126 · RentCast $1,060$1,126$1,060
311530$925estimated Rentometer $1,126 · RentCast $1,060$1,126$1,060
411530$925estimated Rentometer $1,126 · RentCast $1,060$1,126$1,060
511530$925estimated Rentometer $1,126 · RentCast $1,060$1,126$1,060
611530$925estimated Rentometer $1,126 · RentCast $1,060$1,126$1,060
721800$1,175estimated Rentometer $1,466 · RentCast $1,380$1,466$1,380
821800$1,175estimated Rentometer $1,466 · RentCast $1,380$1,466$1,380

These 8 units add up to $7,900 a month. Those rents were confirmed with the listing agent.

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Price history

  1. Feb 13, 2026Listed for sale$995,000$124,375/unit

About the building

Investment Opportunity - Well-maintained 8 unit property in Spokane Valley featuring a mix of 2-bedroom, 1-bath and 1-bedroom, 1-bath units. Each unit features LVP flooring throughout the main living areas. Kitchens are appointed with tile accents and butcher block countertops, blending practicality with updated finishes. Bedrooms are generously sized with ample closet space for storage. Additional amenities include off-street parking and onsite laundry facilities. Conveniently located near shopping, dining, parks, close freeway access.

Where it is

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Listed by Ryan Towner, LT Real Estate · MLS# 202612174 · Active

Cap rate, cash flow and cash-on-cash are Beal Estate NW’s own analysis, not MLS data — they follow the financing assumptions shown on this page, and they are not a valuation of the property and not investment advice. Talk to your lender, your accountant and your own advisers before you rely on any of it. MLS GridListings courtesy of Spokane REALTORS® as distributed by MLS Grid. Based on information submitted to the MLS GRID as of 9/29/2026, 4:15:01 PM. 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. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of the data on this site is prohibited. Deemed reliable but not guaranteed accurate by MLS Grid. Verify everything before you write an offer. Report a copyright problem.