Exceptional opportunity to own turnkey two-story townhomes built in 2011, offering the rare advantage of qualifying for residential financing as an owner-occupied investment. These spacious units command premium rents compared to standard apartments, with immediate upside—current rents have a 22% growth potential without any renovations. Residents enjoy updated building systems, an amenity-rich neighborhood filled with jobs, restaurants, and schools, plus excellent transit access with multiple bus stops within walking distance. Don’t miss this chance to invest in quality, location, and long-term income growth. Courtesy: Kidder Mathews

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

Investor & Developer Alert! This 1999-built Triplex + Single-Family Home offers strong rental income and major development potential. The Triplex features townhome-style units, each with 4 beds, 2 baths, in-unit laundry, fresh paint, newer carpet, & updated appliances. Both properties exterior was painted in 2023. The 3-bed, 1-bath home has a new roof (Aug 2024), new carpet, interior paint, LED fixtures & more. Prime opportunity: Rent the home while planning your project, then demo it to build another multi-family! Large corner lot along the Spokane River Walk, Spokane Community College, Mission Park, Gonzaga University, & shops. Off-street parking & low-maintenance upkeep ensure steady income. Buyer to verify all details. Courtesy: Haven Real Estate Group

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

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

Exceptional investment opportunity! This beautifully renovated 1905 property offers 8 spacious bedrooms and 8 modern bathrooms, making it a highly desirable income-producing asset. Recent upgrades include all new electrical, plumbing, kitchens, bathrooms, flooring, paint, roofing, and a no-maintenance landscape—ensuring worry-free ownership for years to come. With a solid 7.2% cap rate and clear potential to increase rents, this property is ideal for both owner-occupiers and investors looking to expand their portfolio. A rare blend of historic charm and modern functionality—don’t miss out on this prime income opportunity! Courtesy: Epique Realty

4 fully remodeled homes perfectly ready for you to start your own rental portfolio! 4 homes are VERY similar and are 2 bedroom 1 bathroom rancher style homes. Each property is fenced to allow for separation for your tenants. All almost the same floor plan with small differences but well remodeled and easy access to all major roadways and located on a bus route. All homes are vacant but ready for you to fill them! Live in one and house hack your portfolio! Both houses on Maple share the parking lot with an easement in place allowing 2 car spaces for each home on Maple and the homes on Maxwell have street parking. Want to add an additional vacant lot to hold on to or build another home? There is an additional vacant lot for sale on the address 1606 W Maxwell. These are a dream on how to get started in collecting rentals! Plus! they are all on separate lots allowing you to sell off homes as needed for more equity. Courtesy: The Experience Northwest

This well-maintained multi-unit property offers a total of 8 rental units, featuring 4 spacious 1-bedroom units, 2 comfortable 2-bedroom units, and 2 efficient studio apartments. With a monthly rental income of $8, 573, this is a turnkey opportunity for investors seeking steady cash flow. Tenants enjoy the convenience of on-site laundry facilities, carport parking, and a durable brick exterior that adds both charm and low-maintenance appeal. Ideally located in the highly desirable South Hill neighborhood, just minutes from I-90, and within walking distance to restaurants, shopping, and parks. Whether you’re expanding your portfolio or looking for your first investment, this property combines location, income, and potential in one unbeatable package. Courtesy: LT Real Estate

This impressive 7 unit apartment building is situated in the desirable South Hill area, only a few blocks from Huckleberry’s. Conveniently located close to public transportation and only moments from downtowns vibrant shopping and dining. All renovations listed completed in 2025. Roof replaced in 2022. Exterior painted in period correct historic colors. Interior painted. Cedar fence and decking. Garage door with electronic opener. 4 empty units fully remodeled. Low maintenance and ready to cash flow for you. Tenants are long term, always on time with rent, and month to month Six 1bed/1bath units & one 3bed/1bath beautiful main level spanning 2, 000ft + with huge potential. Built as apts, individually metered, off street parking, and onsite laundry. Courtesy: Congress Realty, Inc.

This contemporary 4-plex is a turnkey investment opportunity with reliable rental income and broad tenant appeal. The lower-level units each offer 2 bedrooms & 1 bathroom and are fully ADA-compliant, featuring private patios accessed via sliding glass doors. The upper-level units include 2 bedrooms and 2 bathrooms, with primary suites offering en-suite baths for added comfort. All four units are thoughtfully designed with tenant convenience in mind—each equipped with in-unit washers & dryers, full kitchens including refrigerators and dishwashers, and upgraded cabinetry and countertops. Durable Luxury Vinyl Plank (LVP) flooring flows throughout, complemented by large vinyl windows that fill the space with natural light and recessed lighting that creates a warm evening ambiance. Efficient ductless split systems provide year-round heating and cooling. With its modern amenities, strong attention to detail, and ADA accessibility, this well-maintained property is an excellent addition to any investment po... Courtesy: Keller Williams Spokane - Main

Seize this incredible investment opportunity—a fully updated, turn-key property with 50 feet of prime frontage on Sacheen Lake! This five-bedroom, two-bathroom home has been renovated with updated flooring, fresh paint, and modernized bathrooms, ensuring an inviting and comfortable stay for guests or tenants. The kitchen offers ample cabinet and counter space, while two separate living areas provide plenty of room for relaxation and entertaining. With multiple storage closets and two storage sheds, there’s plenty of space for guest essentials and recreational gear. Outside, guests can soak in breathtaking sunsets from two decks or enjoy direct lake access via a newer dock—perfect for boating, swimming, and waterfront fun. Currently operating as a successful short-term rental, this property offers strong income potential as either a short or long term rental with its desirable location, turn-key condition, and paved year-round access. Courtesy: Heart and Homes NW Realty

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

Fully renovated home blends timeless character w/ high-end modern living. Updated electrical & plumbing and design-forward interior, every detail has been thoughtfully curated. Chef’s kitchen has custom cabinetry, black leather granite, spacious island, ideal for entertaining or everyday cooking. The expansive dining room includes a built-in buffet and storage, perfect for hosting. Beautifully designed outdoor living spaces invite relaxation & connection. The fully furnished ADU offers rare opportunity for extra income, renting to traveling professionals at $2, 400/month. Whether you're looking for a stylish primary residence, a multi-generational setup, or a smart investment, this property delivers versatility and value! See Features list. Courtesy: BHHS Jessup Real Estate

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

Located in Spokane’s desirable South Hill neighborhood, this well-maintained multifamily property features a mix of 7 units—four 1-bed units, one 2-bed unit, one 3-bed unit, and one studio— as well as six garages, bringing in $7, 640/month in rental income. Residents enjoy the charm of original hardwood floors, on-site laundry facilities, and convenient access to local amenities. A solid investment opportunity in one of Spokane’s most sought-after rental markets. Courtesy: LT Real Estate

Discover an exceptional investment opportunity at 1318 W Mallon, Spokane, WA! This well-maintained 7-unit apartment building boasts stunning downtown views and is just steps from the vibrant Kendall Yards neighborhood. Perfectly positioned for tenants seeking urban convenience, the property offers easy access to dining, shopping, and entertainment. Each unit is designed for comfort, with ample natural light and modern appeal. Ideal for investors looking to capitalize on Spokane’s growing rental market. Don’t miss this prime location with strong rental income potential! Courtesy: Kelly Right Real Estate of Spokane

Opportunity to purchase a well-maintained, value-add 10-unit apartment building in the heart of Spokane, WA. With updated building systems including new roof, boiler, panels, & more, buyers will be well positioned to focus on cosmetic upgrades to fully maximize rents. Courtesy: Kidder Mathews

gonzaga area investment property 1 block from campus/ 8 units with 7 one bedroom one bath units and 1 two bedrooms two bath unit/ on-site coin-op laundry/ units are individually metered for electricity/ 8 off street parking spaces/ Courtesy: CENTURY 21 Beutler & Associates

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

What's better than a new construction ready-to-rent triplex? Having the property be divisible. Each unit sits on its own sellable parcel, meaning you can sell them individually in the future if you’d like. The location is on a quiet street near the Centennial Trail, parks, Downriver Golf course, and all the great restaurants and shops in Kendall yards. The property offers low-maintenance, modern living renters and owners desire. Built by Urban Empire Homes with open layouts and abundant natural light, all three places are turnkey with all new appliances. Each offers three bedrooms and two bathrooms, with a roomy kitchen featuring granite counters, stainless appliances, and a comfortable primary suite with a walk-in closet. Complete with LVP floors, window coverings, attached garages, sprinklered yards, and central A/C. Take advantage of this unique opportunity to own three adjacent doors with the flexibility to sell them separately. INVESTMENT OPPORTUNITY – SAVE $363, 000. APPRAISED AT $1.5M. Courtesy: REAL Broker LLC