Versatile and full of renovations, this cottage is the perfect blank slate! With two kitchens and laundry hookups, this home can be used as a residence with a basement apartment or multi-generational living. The main level features two bedrooms, one with an en-suite bathroom, a second bathroom with laundry, a kitchen, dining space, and a living room. The basement comes equipped with a kitchen and living space, two bedrooms (only one w/closet & egress window), and laundry. Recent upgrades include: new exterior and interior paint, many updated windows, vinyl flooring, ductless mini-splits, wall heaters, breaker box, light fixtures, and sewer line. The full-fenced yard features alley access to off-street parking and angled parking in front. Courtesy: Windermere RE Walla Walla

Nearly 40 acres with approximately 620 feet of waterfront on Soap Lake, offering rare development potential and endless recreational possibilities. Property includes a four-plex fixer-upper and is sold as-is, ready for vision and improvement. Dual zoning designates a portion as Recreational Development and a portion as RR1, allowing one dwelling per 5 acres (buyer to verify with county). The land features dramatic plateaus and striking rock formations in a truly unique setting. A one-of-a-kind opportunity to invest, renovate, or create something special on the shores of Soap Lake. Seller has applied for QB water permit, buyer to verify. Courtesy: Moses Lake Realty Group

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

Potential investment opportunity here in this 2 story 8-plex that sits at the entrance by the Othello Golf Course. There are 2 parcels so has some room to grow, currently on the Othello golf community water association, plenty of parking available for each tenant and has mature trees on the backside for plenty of shade. The 8-plex is in need of some good TLC and is being sold as is, this property will need to be cashed out, no seller financing. Shown by appointment only. Courtesy: Coldwell Banker Tomlinson R&H

The Standard Street Oasis Apartments are a 20 unit apartment complex in a gated community conveniently located in North Spokane with easy access to restaurants, shopping centers, schools and more. The property offers (10) 3BD/1BA units, (10) 2BD/1BA units, 20 covered parking carports, a beautifully landscaped courtyard, and brand new electric security gate. The apartments feature modern interiors (15) units remodeled with new flooring, windows, cabinets, counters, appliances, paint, water heaters, lights, doors, and 5 feature in unit washer/dryer, complemented by common laundry area. Roofs were replaced in 2016 and the building features "Cutler-Hammer" electrical panels with aluminum wiring (while wiring remains original, outlets and light switches have been updated). There is the ability to easily rent owner’s unit and the option to convert a former rec room into an additional apartment, for a total of 22 rentable units. This prime Spokane location will ensure consistent rental demand. Courtesy: Windermere Manito, LLC

Brand-New Duplex! This beautifully built new construction duplex offers two mirror-image units, each with 3 bedrooms, 2.5 bathrooms, and an open-concept layout perfect for todays modern living. Enjoy a bright, spacious main level with a stylish kitchen featuring solid-surface countertops, pantry, and island ideal for entertaining. Upstairs, the primary suite includes a walk-in closet and private ensuite with dual sinks. Additional perks: high-efficiency zonal heating/cooling, fully landscaped & fenced backyard, and prime location near the lively Perry District. Low maintenance property with great potential income and instant equity. A perfect opportunity for investors or owner-occupants looking for a turnkey property! Courtesy: R. C. Schwartz & Associates

Solid, clean and move in ready 1980 built duplex! Live in one side and rent out the other, or rent both units for investment income! Both units feature 768 sq ft of living space with nice size family rooms, in-unit washer and dryer, light and bright kitchens with full appliance packages and butcher block countertops. Unit 819 has new luxury vinyl plank flooring throughout, and new bathroom vanity. Unit 817 has freshly cleaned carpets, and tile shower. Storage units built in to back side of home and a 2 car carport. Well maintained yard with sprinkler system. Close to local schools, parks, and shopping. Courtesy: Keller Williams Spokane - Main

Completely remodeled and updated duplex just a block from Eastern Washington University campus. Well maintained and excellent location. With campus on one side and just two blocks from shopping make this a Cheney dream for either owner-occupied income property or easy rental for investor. Units have all been redone top to bottom. Wonderfully rare, each bedroom has a bathroom. Ample parking both designated off street and street. Brand new and ready to go! Courtesy: Amplify Real Estate Services

Cedar Terrace Apartments presents an excellent investment opportunity with a strong mix of one- and two-bedroom units and consistent rental income. The property features eight spacious one-bedroom, one-bath apartments and five two-bedroom, one-bath apartments, collectively generating $14, 776 per month in rental income. Residents enjoy convenient amenities, including an on-site laundry facility, with many units also offering the added benefit of in-unit washer and dryer setups. The beautifully landscaped grounds create an inviting atmosphere that enhances curb appeal and tenant satisfaction. Ideally located near restaurants, shopping, I-90, and downtown Spokane, Cedar Terrace combines accessibility with a comfortable living environment, making it a desirable option for both investors and tenants. Courtesy: LT Real Estate

Don't miss this exceptional 6-plex opportunity in a prime location near hospitals, the Perry District, Grant Park, with easy access to I-90 and Downtown! This property offers a unique chance to develop additional units on the extra land, zoned for Residential Multi-family. It features two 1bd/ba and four 2bd/1ba units with ample parking, generating approximately $75, 000 in gross annual income. Includes an on-site shared laundry room with machines provided. Recent upgrades include a new roof in 2020, wall AC units, and more. Showings available upon accepted offer. Seller is a licensed broker. Courtesy: Avalon 24 Real Estate

Investor Alert! Don't miss this investment opportunity with own a 4-plex near schools, shopping and hospital and aquatics center! Property features four 2bd/1ba units generating approximately $50, 000 in gross annual income. On-site shared laundry room with machines included. Showings available with accepted offer. Seller is a licensed broker. Courtesy: Avalon 24 Real Estate

This twelve-unit apartment building offers a rare blend of charm and function with consistent income and thoughtful design. Generating $15, 200 per month in rental income, the property is made up of all two-bedroom, one-bath units, each featuring in-unit laundry, a dishwasher, and a private balcony. The exterior showcases a modernized Tudor Revival style, giving the building character and distinction within the neighborhood. Residents benefit from covered carport parking and a layout that prioritizes comfort and convenience. With desirable unit amenities and a timeless architectural presence, this property stands out as both a stable investment and an appealing place to live. Courtesy: LT Real Estate

This well-maintained property offers both timeless design and reliable performance. The building is located in a desirable residential neighborhood, making it highly attractive to residents and investors alike. The unit mix includes seven two-bedroom, one-and-a-half bath apartments, three two-bedroom, two-bath apartments, and one spacious three-bedroom, two-and-a-half bath apartment. Together, the property generates a strong monthly rental income of $15, 485. Every residence is designed with comfort and convenience in mind, featuring gas fireplaces, large deluxe kitchens, dishwashers, garbage disposals, and full-size washers and dryers. Secure under-building parking is included for each unit, adding a premium amenity that enhances tenant retention and demand. Courtesy: LT Real Estate

Your chance for the perfect House Hack! This fully remodeled duplex near the Hospitals and Perry District on the South Hill is a fantastic opportunity to be a cash flowing investment, or owner occupied House Hack. Let your upstairs tenant cover a large portion of your mortgage while living in a nicely updated home in a super desirable location. Downstairs unit has 2 bed and 1 bath, a large living room, dining room and a great backyard. Upstairs unit is 1 bed and 1 bath with great use of space. Exterior entrance to a shared Laundry room. You won’t want to miss this opportunity!! Courtesy: Windermere City Group

This property presents a rare opportunity to acquire two buildings on one lot in the desirable South Hill neighborhood of Spokane. The property includes a well-maintained triplex featuring two spacious three-bedroom units and one two-bedroom unit, along with a separate nine-unit building comprised of seven two-bedroom units and two one-bedroom units. Together, the buildings generate a strong rental income of $15, 018 per month, with additional upside from eight garages that provide extra rental revenue. Tenants benefit from on-site laundry facilities, with some apartments upgraded to feature their own in-unit laundry for added convenience. Located at 1204 W 8th Ave and 720 S Jefferson St, this property combines consistent income, prime location, and a diverse mix of units, making it a compelling investment opportunity in Spokane’s multifamily market. Courtesy: LT Real Estate

Investor Alert! Charming triplex near Kendall Yards with strong curb appeal and recent updates throughout. This corner-lot property features a newer roof, low-maintenance vinyl siding, and a classic white picket fence. Inside, you'll find fresh paint and new carpet in recently turned units. Each unit is individually metered and includes its own new hot water tank. Two units also feature in-unit washer/dryer. A sprinkler system keeps the lawn lush and inviting, enhancing the home’s overall charm. A solid investment in a prime location—don’t miss out! **Gross Rents of 3250.00!** Courtesy: Prime Real Estate Group

Fantastic opportunity to own a well-maintained income producing rancher duplex in a desirable neighborhood. Each side features three spacious bedrooms and two full bathrooms, offering plenty of living space and rental appeal. One unit is owner occupied by the other is currently rented at $2300 a month with room to increase the market allows. Step inside to find open concept kitchens, cozy living rooms with fireplaces in full basements ideal for storage hobbies or potential future finishing. Each unit includes private decks and patios perfect for relaxing or entertaining. In the beautifully landscaped backyard. Offers a peaceful retreat with room to garden or play. Whether you're looking to house, hack, expand your investment portfolio, or live in one side and rent the other, this duplex offers solid upside potential. Don't miss out on this rare opportunity to own a turnkey rental with strong cash flow and long term value. Courtesy: M. Martin & CO, LLC

Incredible investment opportunity, 8 of the units have been remodeled, 6 have had complete refitting with new kitchens and new bathrooms. Two have new paint, flooring, but original kitchen cabinets and bathroom cabinets. Two have not been changed. Low vacancy, great cap rate. Low maintenance and excellent property management. Rarely will you find covered parking and outdoor storage for each unit, plus washer-dryer hookups in each apartment. Courtesy: Kelly Right RE of Walla Walla

Spacious 4-unit apartment building situated on a corner lot in Spokane Valley. Nestled in a quiet residential neighborhood, the property offers convenient access to I-90, schools, shopping, and everyday amenities. A mix of one- and two-bedroom floorplans, ensuring broad tenant demand. For investors seeking scale, three adjacent triplexes, each on separate parcels, are also available, creating the opportunity to control up to 13 total units. This rare configuration allows for efficient portfolio growth while still qualifying for residential financing. Courtesy: The Paragon Group

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