$415,000
1518 W 6th Ave, Spokane, WA 99204
MLS #: 202520186
This charming, updated duplex is a rare find just a block from downtown and minutes from the hospital district. Perfect for owner-occupied, long-term, and short-term rentals. The lower unit is currently leased. The property features a versatile layout with two distinct units. The main floor unit offers a cozy 1-bedroom, 1-bathroom space with hardwood floors, a fireplace, built-in cabinetry, and an updated bathroom. The upstairs unit is a quiet retreat with 2-bedrooms, 1-bathroom, new flooring, exposed brick, and recently upgraded appliances, including a fridge and dishwasher. Both units come with in-unit laundry, vinyl windows, and a newly installed A/C system to keep you cool during the summer. A one-car garage with alley access and an extra-long driveway provides ample parking, eliminating the need for street parking. The bonus basement offers incredible potential—whether you're looking to create a third unit with outside access or use it for storage. Additionally, there’s plenty of space in the b... Courtesy: MLS4owners.com
$1,107,900
1329 E Gordon Ave, Spokane, WA 99207
MLS #: 202521779
Investor Alert!! Long term owner is retiring and liquidating their rental property in Spokane. The portfolio consists of 5 single family homes. 2 currently vacant, with paying tenants. Currently occupied month to month with possibility of negotiating a new lease or improving the unit and increasing rent. Tenants pay all utilities. Do Not Disturb Tenants!! Courtesy: Realty One Group Eclipse
$660,000
2923 N Hogan St, Spokane, WA 99207
MLS #: 202420591
The Hogan Apartments! Low-maintenance, value-add building with strong upside potential. The property includes six 1BD/1BA units, onsite laundry, and dedicated parking for each unit plus street parking. Competitive price point offered at $110, 000/unit with a 6.40% cap rate, this asset outperforms market comps averaging $128, 073/unit and a 6.07% cap rate. Stabilized Asset – With rents already at market rates, this turnkey property is already cash flowing. Light renovations include: New flooring, paint, and windows across units, reducing upfront capital needs. Situated in the Logan neighborhood, residents benefit from quick access to Gonzaga Prep High School, Gonzaga University, Spokane Community College, Downtown Spokane, and major transit routes. Features like onsite laundry and dedicated parking for each unit boost tenant satisfaction and improve retention. Strong rental demand. The 1 BD/1BA layouts are ideal for singles, couples, & professionals, ensuring consistent occupancy and lo... Courtesy: Windermere Manito, LLC
$895,000
5312 E Union Ave, Spokane, WA 99207
MLS #: 202515656
Pleased to present the Union Apartments for sale. A low-maintenance, value-add apartment building with strong upside potential. The property includes eight 1-BD/1BA units, onsite laundry, yard area, and dedicated parking for each unit plus additional street parking. Competitive price point at $111, 875 per unit, this asset outperforms market comps with an average of $128, 073 per unit. Upside potential, opportunity to increase rents by 3.32% to market rates with as-is unit interiors offering strong immediate and long term income potential w/ 6.20% pro forma cap rate. Located in Chief Garry Park, this property offers quick access to Downtown Spokane and Feltz field, making it a desirable rental spot. Valuable amenities include onsite laundry and dedicated parking for each unit to enhance tenant satisfaction & retention. 1BD/1BA units are in strong demand, appealing to singles, couples, and professionals which supports steady occupancy and income! Courtesy: Windermere Manito, LLC
$312,500
2659 N Walnut St, Spokane, WA 99205
MLS #: 202515545
Fantastic up/down turn key duplex (can be converted to single family home) in a thriving location! Working Airbnb on the main floor including bright open living room, 2 large bedrooms, eat in kitchen, storage, laundry/mud room and clean tiled bathroom bringing in great cash flow and fully furnished! Chill freshly painted front trex porch is what the guests are loving the most. Upper unit is a 1 bedroom 1 bath *BONUS mud/laundry room* with a solid tenant who has fantastic pride in ownership. Updates include 2 newer water heaters, whole house vinyl windows, Clean fenced corner lot with gravel parking area, shed and plenty of potential. Ask your favorite Realtor for more info and have a look today! Courtesy: REAL Broker LLC
$599,900
1617 E 7th Ave, Spokane, WA 99203
MLS #: 202521749
Fully vacant and ready for its next chapter, this side-by-side duplex offers over 4, 300 sq ft of flexible living space—ideal for investment, house hacking, or multi-generational living. With a total of 7 bedrooms and 5 bathrooms, there’s room to spread out, rent out, or reimagine. Each unit has its own entrance and layout, making it easy to personalize or lease independently. Located just steps from the vibrant Perry District, you’re moments from local restaurants, Thursday night markets, live music, and community events. Whether you’re seeking steady rental income or a spacious home with built-in flexibility, this is a rare opportunity in a high-demand area. Easy to show—call Riley or your favorite realtor for a private walk-through today! Courtesy: RE/MAX Inland Empire
$275,000
2613 W Gardner Ave, Spokane, WA 99201
MLS #: 202518033
Investor Alert! Great opportunity for an affordable, cash flowing Tri-Plex. 3 units each with 1 bedroom/ 1 bathroom, all on separate power meters. Shared Laundry room. Two Units are available for new tenants and will have work completed on them by September. This has the potential to have one or two units owner occupied, while renting out 1 or 2 units. Just a short walk to local restaurants, close to Kendall Yards, a five-minute drive to downtown Spokane, and only 15 minutes from the airport. Courtesy: John L Scott, Inc.
$1,385,000
943 E Augusta Ave, Spokane, WA 99207
MLS #: 202521708
8-unit multifamily property, fully occupied under a master lease with VOA. This solid investment features eight one-bedroom, one-bath units. The property generates $10, 512 in monthly rental income. Whether you’re expanding your portfolio or entering the market, this property is positioned for long-term success. Courtesy: LT Real Estate
$429,000
927 E Augusta Ave, Spokane, WA 99207
MLS #: 202521616
Step into this character-rich triplex located just blocks from Gonzaga University, an unbeatable location for student housing or income potential. With fresh exterior paint and timeless architectural details, this property blends classic charm with smart investment appeal. The inviting first-floor unit offers a warm, spacious layout that’s perfect for owner-occupancy—think original touches, high ceilings, and large windows. Two additional units provide steady rental income from students, faculty, or local professionals. Whether you're a seasoned investor or looking to house-hack by living in one unit and renting the others, this triplex checks all the boxes: prime location, historic charm, and versatile income potential. Owners will carry financing. Courtesy: Coldwell Banker Tomlinson
$700,000
5634 E Commerce Ave, Spokane, WA 99207
MLS #: 202515212
A classic 1913 brick landmark in Spokane, the Parkwater Schoolhouse has been reimagined as a distinctive apartment building with room to grow. This two-story former school—once a brewery and later a beloved winery—now features four renovated residential apartments and a shared laundry room for tenants. Zoned GC-70, the property includes two large main-floor spaces with strong potential to be converted into up to four additional apartments. Situated on a prominent corner lot, the 8, 832 sq ft building sits on over half an acre and offers 25 parking spaces. The full unfinished basement includes a conveyor belt and loading dock, offering further potential for storage, creative reuse, or development. Full of historic character and investment upside, the Parkwater Schoolhouse presents a rare opportunity to expand a residential income property in a truly one-of-a-kind setting. Courtesy: REAL Broker LLC
$450,000
4722 N REGAL St, Spokane, WA 99217
MLS #: 202521527
7-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 7 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4925.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity! Courtesy: Amplify Real Estate Services
$400,000
5724 N NEVADA St, Spokane, WA 99208
MLS #: 202521533
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4200! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity! Courtesy: Amplify Real Estate Services
$400,000
1804 W AUGUSTA Ave, Spokane, WA 99205
MLS #: 202521516
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $3, 925.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity! Courtesy: Amplify Real Estate Services
$425,000
1808 W AUGUSTA Ave, Spokane, WA 99205
MLS #: 202521519
6-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4275.00. An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity! Courtesy: Amplify Real Estate Services
$425,000
2823 W SHARP Ave, Spokane, WA 99201
MLS #: 202521524
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4300.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity! Courtesy: Amplify Real Estate Services
$419,000
311 E Fairview Ave, Spokane, WA 99207
MLS #: 202520632
Turnkey Spokane triplex with consistent rental income and value-add potential in a growing submarket. Fully rented triplex in Spokane with solid income and long-term potential. Each unit is 2 bed / 1 bath and separately metered, with updates throughout including LVP flooring, refinished hardwood, vinyl windows, and updated bathroom vanities. All three units are currently occupied, providing immediate cash flow. The property also includes a leased coin-op laundry area, individual storage lockers for each unit, and a detached garage that can be rented out for addition income. Also, you could convert the garage into a 4th unit which would significantly increase cashflow. Located just minutes from downtown Spokane, hospitals, and university campuses. Courtesy: Extant Realty
$479,000
14321 E Mission Ave, Spokane Valley, WA 99216
MLS #: 202520613
Fully leased and ready to go—this side-by-side split-level duplex in Spokane Valley is a solid investment opportunity. Each unit offers 3 bedrooms, 2 bathrooms, a 1-car garage, private fenced yards, separately metered, and a brand-new deck for added tenant appeal. The exterior has been recently painted, one side has seen significant upgrades including new carpet, full interior paint, remodeled bathrooms with heated tile floors downstairs, and a completely updated kitchen. A new 275 sqft shed provides extra storage or workspace. With stable tenants already in place and modern updates throughout, this is a low-maintenance, income-generating property in a convenient location. Courtesy: First Look Real Estate
$360,000
1123 W Wabash Ave, Spokane, WA 99205
MLS #: 202521434
Invest in Spokane's history while establishing a respectable cashflow for your real estate portfolio. Built in 1913 under the command of Captain Marshall Jones, this historic fire station housed Spokane Fire Department's Engine No. 13 and the brave first responders that served our city. Though aspects of yesteryear can still be noted, this property has experienced a significant renaissance and now serves the Shadle Park neighborhood as a remodeled duplex. The roof was replaced in June 2022 with new split-metered electrical service completed at the same time. The interior of both units have been extensively refinished with updated plumbing, wiring, LVP flooring, lighting, drywall and paint, in addition to bathrooms upgraded with contemporary fixtures and materials. The shared basement allows for laundry hookup and ample storage. Two new 40, 000 BTU gas furnaces with programmable Honeywell thermostats were professionally installed in 2022. Property has a history of long-term tenants. Call today for... Courtesy: Upward Advisors
$525,000
1904 E Dalton Ave, Spokane, WA 99207
MLS #: 202521450
Turn-key Bemiss neighborhood 4-plex delivering strong cash flow and modern updates throughout. Each unit has been fully remodeled with new LVP flooring, updated kitchens with fresh cabinetry, renovated bathrooms, new doors, and trim. A brand-new roof has just been installed, reducing long-term maintenance needs. Currently generating $4, 320/month in gross income (rent + flat utility charges), this property is a reliable, low-maintenance investment. Situated on a spacious lot that is zoned for higher density. Close to parks, schools, shopping, and downtown Spokane, this 4-plex is ideal for any investor looking for immediate returns and long-term upside. Courtesy: The Hornberger Group, LLC
$324,000
1116-1118 E Nebraska Ave, Spokane, WA 99208
MLS #: 202519259
This one-story, side-by-side duplex offers two, 2 bed / 1 bath units, each with 842 sq ft of functional living space and in-unit washer/dryer hookups. Both units are currently rented at market value to reliable, long-term tenants, providing consistent income from day one. List price reflects the recent appraisal value. The interiors are dated but fully functional, and the property is in overall satisfactory condition. Each unit includes a private deck, and the lot is fully fenced- offering privacy and outdoor space for tenants. A detached 3-car carport in the rear provides off-street parking. While the exterior could use cosmetic improvements, the property presents clear potential to add value over time through interior and exterior upgrades- all while benefiting from stable cash flow from day one. A solid addition to any long-term portfolio. Courtesy: Coldwell Banker Tomlinson