Step into a rare investment opportunity with this historic Tudor mansion—formerly the Martin Woldson mansion—now transformed into a high-performing multifamily asset. This iconic property includes 7 one-bedroom units, 1 spacious two-bedroom unit, and 1 charming studio, generating a combined monthly income of $9, 988. Inside, residents enjoy vaulted 9-foot ceilings on the main and top floors, adding grandeur and openness to each unit. On-site laundry facilities provide added convenience, and the character-rich architecture offers timeless curb appeal and tenant retention. This is more than just a rental—it's a chance to own a piece of Spokane’s history while benefiting from stable cash flow and future upside. Seller financing available. Courtesy: LT Real Estate

Check out this beautifully updated ranch-style home for your next investment property! Recently renovated, it features new carpeting, LVP flooring, fresh paint, stainless steel appliances, an attached garage, and a storage shed. The informal dining area is highlighted by large windows that overlook the spacious, fenced backyard with mature landscaping—perfect for enjoying your morning coffee. With 3 generously sized bedrooms and 2 baths, this home offers both comfort and convenience. The kitchen boasts ample storage and modern updates. Conveniently located close to all the amenities Airway Heights has to offer and near Fairchild Air Force Base. Home is currently rented. Courtesy: Keller Williams Spokane - Main

Discover this nearly 5-acre property in the prime location of Otis Orchards. This estate includes a cozy 2-bedroom, 2-bathroom home, a massive 60x32 steel-framed shop with new 12x10 garage doors, an RV pad equipped with its own utilities, a separate barn, a carport, and multiple storage sheds. The property is ideal for large animals and horses, featuring fencing on three sides. This is a perfect investment opportunity—build on the land, rent it out, and enjoy a steady monthly income. Courtesy: Keller Williams Spokane - Main

This income-producing 6-plex presents an enticing opportunity for investors seeking a stable asset. Fully rented and strategically located near shopping and dining options, each single-story unit offers 1 bedroom and 1 bathroom, catering to modern tenant preferences. The inclusion of laundry and storage facilities in the basement, along with off-street parking, enhances convenience and value for residents. With immediate cash flow and the potential for long-term appreciation, this property stands as a promising investment in a thriving community. Don't miss the chance to capitalize on this well-maintained asset and add it to your portfolio. Courtesy: Keller Williams Spokane - Main

Great investment opportunity! This adorable and updated 3 bedroom, 1 bath bungalow is located in a quiet neighborhood and is packed with charm and modern updates. Featuring a brand new roof , this home is move-in ready inside and out. The updated bathroom and stylish kitchen feature new stainless steel appliances. Enjoy the large, fully fenced backyard — perfect for pets, play, or entertaining — plus a covered patio for outdoor relaxation. Detached garage with alley access provides convenient parking or extra storage. Fully rented, making this an excellent turnkey investment property! Courtesy: Keller Williams Spokane - Main

Explore the potential of this fully renovated 4-bedroom, 2-bathroom double wide manufactured home, situated on 5 usable acres in scenic Otis Orchards. This well-maintained property features modern upgrades throughout, including a spacious kitchen with new appliances and updated bathrooms—making it move-in ready and low-maintenance. The fenced yard, covered deck, and large shop offer added functionality and flexibility for a variety of uses, such as storage, equipment, or hobbies. With room to expand or develop further, the acreage provides opportunity for additional improvements. Located just minutes from city amenities, this property offers the perfect blend of peaceful country living and convenient access. Ideal for investors looking to add a versatile property to their portfolio. Don’t miss this unique opportunity in a growing and desirable area! Courtesy: Keller Williams Spokane - Main

Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom. Plenty of off street parking & individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes & single family homes. Don't miss out on this opportunity. Courtesy: Keller Williams Spokane - Main

Great rental income opportunity! Located in Airway Heights, the fastest growing small city in Eastern Washington. 4 units, include 2 Duplexes with 2 bedrooms and 1 bath each. Minutes to park, shopping, and recreation. Newly remodeled in and out. Wonderful income sources. Near Amazon Warehouse, Walmart and Casinos. Adjoin property with 2BR/1BA single home Fixer is also available for sale. Owner financing available! Courtesy: Professional Realty Services

This fourplex is a turnkey investment with strong cash flow and excellent equity potential! 2: 2-bed one-bath, 2: 1-bed one-bath units feature spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring. Back lot is zoned commercial, tenants enjoy a massive shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location on the bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don’t miss out! Courtesy: Touchstone Real Estate Group

Now Complete, with full landscaping & fencing included! Located in one of north Spokane's nicer older/established neighborhoods. These units rent extremely fast & the cash on cash return on these lower priced duplexes is almost double of the larger duplexes that sell for 100K to 200K more! This single-story duplex offers 2 distinct units which provides great diversification on your investment: 3 bed/2 bath unit in the front; & a 1 bed/1 bath unit in the back. Functional with large windows & 9 foot ceilings throughout. Beautifully finished with designer colors & touches throughout, LVP floors, quartz countertops, A/C & more. Could be a perfect owner occupied house with in-law apartment or supplemental rental income. Take advantage of an estimated $3, 745 / month steady income and a solid 7.2% projected cap rate! Stop spending time & money on repairs of older rental properties and get new duplex, complete with a 1-year builder warranty. We have more under construction in other locations - call for details! Courtesy: Windermere City Group

Introducing a prime investment Duplex opportunity at 2471-2419 E Desmet Ave in Spokane's Chief Garry Park neighborhood. This 2, 340 sq ft townhome, built in 2000, offers a spacious layout with forced air heating and includes essential appliances such as a dishwasher, dryer, garbage disposal, range/oven, refrigerator, and washer. The property features vinyl siding and a new roof. Situated on a 6, 969 sq ft lot, this Townhome is an excellent choice for investors seeking a property with strong rental potential. Courtesy: eXp Realty 4 Degrees

Triplex, close to Gonzaga University and Spokane Community College, recently updated front vacant unit for the new owner to occupy or rent out immediately. Easy to maintain property located conveniently by local schools, businesses, universities, shopping, but tucked into a nice quiet neighborhood. Each unit features 2 bedrooms, 1 bathroom, in unit laundry hookups, separate meters, designated carports with alley access for off street parking. Each property has its own private patio space off the primary bedroom. Low maintenance yard, updates overtime have been completed to the property. Unit 1905 has been updated most recently with new flooring, paint, countertops, windows. Strong long-term rental history and cash flow. Second triplex listed for sale off Euclid Ave. Contact listing agent today for showings. Lending options, possible bundle purchase option, or 1031 exchange. The opportunities are endless with this one, the price is right, and the time is now to make your next investment move. Courtesy: Redfin

Conveniently located Northside Triplex, Each unit has 2 bedrooms, 1 bathroom, living area, in-unit laundry right off the kitchen for added convenience in these simple yet functional units. Each unit has had updates throughout the years, unit 3 has bamboo flooring in the kitchen and hard woods throughout the main living and bedroom. This property has a 1 car garage, 1 carport, and 2 additional off street parking spots. All units have great rental history, opportunity to cashflow, close to bus route, schools, shopping, minutes to downtown and local universities, making this location unbeatable! If you are a new investor, this is a great owner occupied opportunity, within minimal down payment at this price point!! All units occupied, reach out to listing agent for showings or more details! Financing Specials and options available, possible bundle purchase, or 1031 exchange options! Courtesy: Redfin

Owner occupied ok! Brand new duplex in the heart of the Spokane Valley on a dead end road. Desirable 2 story floor plan. 3 bedrooms, 2.5 baths and a 1 car garage each unit. Estimated rents $2, 400 per month each unit. Appliances and landscaping included. This is the perfect, low maintenance multi-family property for your investment portfolio -or- live in one side and rent the other. Estimated completion to be September 2025. Courtesy: Windermere Valley

Construction is underway now! Need a new, low maintenance property for your investment portfolio? This brand new 36-unit apartment complex will be ready to start leasing up in 2025. 12-two bed, two bath units and 24-one bed, one bath units. Beautiful finishes include durable laminate cabinets, laminate floors, stainless appliances, hard surface counters and window sills. Less than two miles from both Gonzaga University and Spokane Community College and only three blocks from Gonzaga Prep School. Will work with your 1031 exchange. These are the perfect, low maintenance units for your investment portfolio. **Photos of Apartment Building are Artist Renderings, Not Exact Building** Courtesy: Windermere Valley

Centrally located duplex offering a smart investment opportunity! Each unit is 2 bed/1 bath with separate entrances and excellent rental potential. The upper unit includes a two-car garage, while the lower has two designated parking spaces. Recent updates include a brand-new roof, providing peace of mind and protection from the elements, vinyl windows, and newer appliances. The property is also equipped with 220 Amp electrical service, ensuring ample power for all your needs. Additionally, RV hookups are available, making it convenient for tenants with recreational vehicles. Both units enjoy separately fenced front yards plus a shared backyard. With steady rental income and features like private entries and modern upgrades, this property is ideal for investors or owner-occupants seeking reliable cash flow. Courtesy: Windermere Manito, LLC

A Wonderful Triplex for the investor at heart! Live in the Unit that suits you and rent the other two out. The 3-Bedroom Unit is 1500 Sf, the 1-Bedroom is approximately 700 sq. ft. and the 1-Bedroom Studio is approximately 475 Sf. Two separate garages, each with 2 bays, and one with an extra storage area. The Triplex is on one parcel, and the Garages are on another parcel directly behind the Triplex. The 3-bedroom Unit has central gas forced air heat and AC as well as a gas Fireplace, a large master bedroom, and its own washer and dryer hookups. Smaller units have mini-split heating and cooling systems. In the basement utility area, there is a shared laundry room. All Units have full baths. Close to shopping, restaurants, and Sacred Heart and Deaconess Hospitals. Courtesy: Keller Williams Realty Coeur d

Investor alert! Don’t miss this rare opportunity to own a 4 bed / 4 bath duplex with cash flow potential! With Central Valley Schools, a quiet cul-de-sac and unbeatable access to Spokane and Coeur d'Alene, this one is perfect for seasoned investors or first-time buyers looking to house hack. Don’t miss this high-potential duplex with an in demand location! Courtesy: Best Choice Realty

In the heart of the Downriver/Audubon neighborhood just 1 block off of the ridge. Cute fully finished little 1 bed / 1 bath. Use as rental as is or live in while building a larger house in front--then keep as extra income. The house is extensively updated and 100% move-in ready. New roof, new electric panel, new LVP flooring, new bathroom fixtures, new quartz countertops, new windows and new appliances. The lot in front of the house is wide open...suitable for building many styles of house (a 2-story would have view over river). Short walking distance to amazing Spokane river hikes, Centennial Trail, Downriver Golf Course, Audubon Park Downriver Grill, Flying Goat, Radio Bar, For the Love of God Brewing, Judy's enchanted Garden...and so much more. Courtesy: Tamarack Realty

5 Plex South Hill home full of charm. With many long term tenants the property has been well maintained over the years. The main house has 4 units and there is a cottage in the backyard that has the 5th unit. Each unit has its own meter for power. The basement has storage areas for each unit and a community laundry. This rental property has been owned by the same family for many years and has been restored and renovated throughout the years. The home and vacant lot next door are both for sale as well if you wanted to own both rentals and build another one. Courtesy: RE/MAX Citibrokers