Value-add nine-unit apartment building in the West Central neighborhood of Spokane. The property includes six 1 bedroom 1 bathroom units, three studio units, and two storage sheds. Attractive pricing below comparable sales offers immediate equity potential. Select units updated with new flooring and fresh paint. Strong upside remains through further renovations including new cabinets, countertops, appliances, in-unit laundry, windows and doors. Brand new heat boiler ensures efficient heating and tenant comfort. Features timeless architectural charm, enhancing tenant appeal and marketability. R2 zoning allows for redevelopment of site with no maximum number of units provided all other development requirements are met. Courtesy: Windermere Manito, LLC

Multi Family and Prime Investment Opportunity – High Traffic/Multi-Use Property Along I-90 thru the Spokane Valley Corridor! Prime high-traffic corridor, with easy on-off freeway access and high visibility ensures maximum exposure, attracting customers effortlessly. Multi-Use zoning makes it flexible for Apartments, Retail, Commercial, Office, Medical, Restaurant, Service-Based and Drive-thru Businesses, Hotels, Service Stations and EV Charging Stations-the possibilities are endless! Surrounded by expanding commercial developments ensure long-term appreciation. The home on the property is an income generating duplex. This is a rare chance to secure a high-exposure, income-generating property in one of the most sought-after corridors. Courtesy: Kelly Right Real Estate of Spokane

Great investment opportunity in Colville! Hard to find 8 Plex situated in a quiet Colville neighborhood with fantastic rental history along with continued maintenance. Each unit is 1bdrm/1bth with community laundry facility and small storage unit for each apartment. 4 ground level units; 4 2nd level units. Walking distance to grocery, shopping and all downtown merchants. Fresh coat of paint! Courtesy: Ken Barcus Realty

Seize this rare opportunity to own a fully leased multi-unit commercial property in the bustling core of Spokane! This 9-unit investment offers a diverse range of spaces, from 450 sq ft to 800 sq ft, catering to a variety of tenants. Located on a high-traffic bus route, this property enjoys excellent visibility and accessibility, making it a desirable location for business and ensuring strong tenant retention. With all units currently occupied, this turn-key investment delivers immediate cash flow and long-term stability. With the High-Density zoning, there's plenty of opportunity to add more units to this lot as well! Current Gross Rents Monthly are at $10, 200 as of March 2025. Don't miss out on this prime commercial asset-schedule a private showing today! Courtesy: Amplify Real Estate Services

Great opportunity to own a turnkey, single level duplex in Spokane Valley. This duplex features 1 bed and 1 bath on each side with 686 square feet of living space and a detached 2 car garage. Each tenant pays $1, 300 a month with one long term lease in place as well as one paying month to month. Inside each unit has updated hardwoods, gas forced air for heat as well as a fridge, stove and space for a washer and dryer. Each unit also has a storage shed in back. The oversized lot has even been approved to build a 2nd duplex which makes this a great investment opportunity. Courtesy: Keller Williams Spokane - Main

7.8% Actual Cap Rate! Incredible brand NEW construction multi-unit opportunity, with 2 Fully leased-up duplexes at $1695-1795 per unit. 3/4 units rented within 3 weeks of posting! Enjoy easy management & maintenance with these separate single-level duplexes, along with maximum flexibility since you can sell either of the duplexes individually & finance conventionally. Each duplex has two 2 bed / 2 bath units with laundry hookups & open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Tenants pay ALL utilities so you only have taxes & insurance to pay. Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course, the revitalized Monroe district & other great neighborhood amenities and restaurants. You can’t find a better priced new construction investment property in th... Courtesy: Windermere City Group

7.8% Actual Cap Rate! Incredible brand NEW construction multi-unit opportunity, with 2 Fully leased-up duplexes at $1695-1795 per unit. 7/8 units rented within 3 weeks of posting! Enjoy easy management & maintenance with these separate single-level duplexes, along with maximum flexibility since you can sell either of the duplexes individually & finance conventionally. Each duplex has two 2 bed / 2 bath units with laundry hookups & open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Tenants pay ALL utilities so you only have taxes & insurance to pay. Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course, the revitalized Monroe district & other great neighborhood amenities and restaurants. You can’t find a better priced new construction investment property in th... Courtesy: Windermere City Group

Now Complete! This is by far the best priced new construction duplex you’ll find in the area. Located in a convenient Spokane neighborhood near Audubon Park, downriver, golf course and plenty of neighborhood amenities and restaurants, including Downriver Grill, the Flying Goat & the revitalized Monroe district! Perfect if you’re looking a turn key, no maintenance investment at a great entry price. This single-story duplex offers two 2 bed / 2 bath units with laundry hookups and open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. And there is strong demand for nice new units like these in established neighborhoods, with a 6.5% to 7% projected cap rate. Finally, a nice investment property that cash flows! Courtesy: Windermere City Group

This prime turnkey 5-unit property, originally built and updated in 2013, showcases solid craftsmanship, with every aspect modernized to contemporary standards. Featuring a triplex and a spacious, upgraded townhome duplex, it offers versatile options—live in one townhome while renting out the other, or utilize all units as income-generating rentals, each equipped with separate utilities for easy management. The townhomes include covered parking & garage. Zoned Residential High, the property allows for the parcel to be split into two, separating the triplex from the townhomes, further increasing its potential. With its modern upgrades and strategic design, this property presents an exceptional investment opportunity that’s not to be missed! Courtesy: KW NCW

Investor special. Triplex near Kendall Yards is ready to be remodeled. New electric with separate metered gas. There is alley access with lots of parking in the back. House Hack or Rent all 3 units to cash flow. Rents are based on historical listings. Courtesy: Keller Williams Spokane - Main

Investor Special - Two New Homes, One Great Price! Discover this two-story Duplex, a turnkey investment opportunity with strong rental potential, both long-term or short-term AIRBNB, & low-maintenance appeal. Quiet with modern insulation & windows & easy transit access. Each side offers a spacious layout featuring 3 bedrooms, 2.5 baths, a laundry area, & an attached one-car garage with separate driveways at 1, 474 sq ft. The main level boasts an open-concept kitchen & living space with SS appliances, contemporary finishes, & durable flooring—ideal for both comfort & long-term durability. Strategically located right on a bus route, tenants will appreciate convenient access to public transportation & nearby amenities. Unmatched convenience! Just 5 min to Gonzaga, 7 min to Downtown Spokane, 10 min to hospitals, 12 min to Spokane Airport, & 5 min to Northtown Mall. Grocery, restaurants, & freeway access all within minutes. Low-maintenance new build in a growing rental market—perfect for ... Courtesy: Kelly Right Real Estate of Spokane

Spacious 4.09-acre property just outside Moses Lake featuring a 3-bed, 2-bath home with new flooring, new cabinets and updated kitchen, large 600 sq.ft. detached shop, and a single-wide manufactured home (ADU) that has had some upgrades. This multi-family setup offers flexible living arrangements—ideal for extended living or rental income. Enjoy the peace of rural living with room for animals, gardening, or hobbies. The oversized shop provides excellent space for storage, projects, or a home-based business. A rare opportunity to own acreage with income potential, just minutes from town. Courtesy: CENTURY 21 Alsted Real Estate

Investment Opportunity! 20 (2 bed 1 bath) units minutes from downtown situated on a large corner lot. Exterior features include new paint, new windows, underground sprinklers with parking in the front & back. Interior features include a laundry area, laminate flooring upgraded in a few units and storage room. Courtesy: Nest Realty Company

Completely remodeled and move-in ready. Two homes on a double sized lot. The 3-bedroom home offers like-new living with engineered hardwood flooring, new tile, and a desirable main floor primary suite. The basement includes two additional bedrooms with separate access—ideal for guests or rental potential.The second home, a stylish remodeled 936 sq ft mid-century modern, features sleek concrete flooring, an open floor plan, and modern finishes throughout. Set on a spacious lot with alley access, this property offers exciting possibilities: divide the lot, build another home, or simply enjoy the extra space. Perfect for multi-generational living, investment income, live in one and rent the other! Courtesy: Williams Team Homes LLC

Attention investors! Seize this rare chance to own a stunning, brand-new 48-unit multifamily building with office and garage, spanning 43, 360 sq ft in beautiful Othello! Enjoy lush landscaping, basketball hoops, and Multi Family Tax Exemption benefits. Each unit features elegant laminate floors, sleek quartz countertops, and spacious patios. Professional property management already in place for hassle-free ownership. Act now—this unique investment! Courtesy: Imagine Realty Grp ERA Powered

Duplex with Full Unfinished Basements and Alley Access-Below Market Rents with Upside! This one-story, side-by-side duplex features two, 2 bed / 1 bath units, each offering 780 sq ft of main-level living space plus a full unfinished basement-ideal for storage, future expansion, or added rental value. Both units include washer/dryer hookups, private entrances, and a dedicated 2-car carport with alley access. Additional street parking is also available. The interiors are dated but fully functional, with minor repairs and cosmetic updates offering a clear path to improved value. Tenants are stable, and current rents are below market-creating opportunity for increased cash flow over time. Exteriors show wear and could benefit from cosmetic updates, but the structures is solid and offers long-term potential. A great opportunity for investors looking to add value while generating steady income from day one. Courtesy: Coldwell Banker Tomlinson

Studs out remodel 2023 completion and fully leased and ready to go 5 unit. Plug and play with space for a possible 6th and or 7 unit for upside potential. High Efficiency Heating and Air Conditioning for each unit, brand new kitchens and baths and more in this charming Turn of The Century Craftsman detailed home. Coin Op Laundry, and Storage spaces for additional income?... 1 out of 5 storage units rented for $50 a month = upside. Courtesy: Real Property Associates

Turnkey Investment with Room to Grow! Completely renovated duplex on a spacious corner lot with zoning that allows for the addition of more residential units. The existing building features two 1-bed, 1-bath units, each offering 550 sq ft, vaulted ceilings, and an open-concept great room layout. Updates include fresh paint, new trim, and stylish finishes throughout. All appliances stay, refrigerator, dishwasher, washer/dryer, and microwave, making this truly move-in ready for tenants. Centrally located just minutes from Gonzaga, this is a prime rental opportunity. Local property managers estimate rents at $1, 100–$1, 200 per unit, and the 1, 100 sq ft unfinished basement offers additional income potential with options like storage lockers, mail room or for more creative ideas read Main Street Millionaire! Whether you're an investor, house hacker, or looking to expand your portfolio with development potential, this property checks all the boxes. Courtesy: Coldwell Banker Tomlinson

Solid investment opportunity in a strong rental market! This well-maintained duplex is fully occupied, generating steady income with professional property management already in place. Recent upgrades include a newer roof, fresh exterior paint, and brand-new carpet in the lower unit. Each unit enjoys private, fenced yards—plus a private deck for the upper. A carport and two storage sheds add extra convenience for tenants. Pre-inspected for your peace of mind—just ask for the report. Bonus: seller is offering a 1.5% credit toward your interest rate buydown. A turnkey addition to your rental portfolio. Courtesy: REAL Broker LLC

Welcome to this modern 2023-built duplex offering a rare opportunity for multi-generational living or smart investment in Spokane Valley. With a combined 2, 910 sq ft, this turnkey property features two identical units, each with 3 bedrooms, 2.5 bathrooms, an open-concept main level, luxury vinyl plank flooring, stainless steel appliances, in-unit laundry, and an attached garage. Live in one side and rent the other, or lease both for strong cash flow potential. Located in a quiet residential area near schools, shopping, and freeway access—this is low-maintenance, high-style living in a growing community. Courtesy: Avalon 24 Real Estate