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2012 N Park Rd, Spokane, WA, 99212

--beds
--baths
--sqft
$970,000
--price/sqft
$5,975/moest. monthly cost
$239,000/yrincome needed

About This Home

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.

Getting Around

42
WalkingCar-Dependent
28
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

6/10
3/10
Centennial Middle SchoolGrades 6-80.7 mi
5/10
West Valley High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1956

Materials

  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily

Interior

Basement

  • Basement: None

Heating

  • Heating features: Natural Gas,Forced Air

Property

Details

  • Parcel number: 45073.9030

Features

  • Levels: One

Parking

  • Parking features: Off Site

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,904$58,848
Home Insurance *$292$3,504
Property Taxes $630$7,560
Electricity $149$1,793
Total$5,975$71,700
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,857/yr
40% on housing$179,250/yr
45% on housing$159,333/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 99212$170
Spokane County$194

vs Homes Sold Last Month

Median $/sqft

ZIP 99212$208
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Price change$970,000
2026-02-13Listed for sale$995,000
2024-03-01Sold$775,000
2023-12-05Pending sale$850,000
2023-11-08Listed for sale$850,000
2010-08-16Sold$252,000

For Sale by Agent

AgentRyan Towner
BrokerageLT Real Estate

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