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$350,000
202624213 MLS
Located in Rockwood Blvd / Perry neighborhood, this duplex offers a strong opportunity for both long-term and furnished or short-term rental use. Just 2 blocks from Sacred Heart Medical Center and 5 blocks to Providence St. Joseph’s Care Center, it is well positioned for steady demand from healthcare professionals. The main floor features a 2-bedroom unit with a large private front deck, carport parking, and a detached 14x14 studio or shop. Zoning allows for 2 to 4 units, offering future upside potential. The upper unit is a 1-bedroom apartment with private exterior access and an elevated deck beneath a mature Norway Maple tree. Each unit is separately metered, with gas heat on the main and electric heat upstairs. Appliances are included, plus washer and dryer for the main unit. One block to a dog-friendly park. Sold furnished for a turnkey rental or Airbnb setup. Excellent South Hill location near hospitals, parks, restaurants, and services, with flexible use options for an owner occupant or investor here.

407 E 11th Ave, Spokane

$749,950
202624154 MLS
Beautiful new luxury duplex on a quiet culdesac in north Spokane! Whether you’re an investor looking to add a high quality rental property to your portfolio, or an owner-occupant looking to live in one unit while renting the other, this property offers excellent investment potential. Each unit will feature modern finishes and many upgrades including white cabinetry, granite countertops, tile kitchen backsplash, stainless steel appliances, LVP flooring, and contemporary black fixtures and hardware. Enjoy year-round comfort and energy savings with the high-efficiency heat pump and gas furnace as backup. Each unit also has a 2-car garage that is insulated with automatic opener and keypad entry. All these exceptional features attract high quality tenants and make your life as a landlord MUCH EASIER! Estimated completion date December 2026. Additional new duplexes will begin construction soon and will be available for purchase.

508 E Caribou Ln, Spokane

$749,950
202624151 MLS
Beautiful new luxury duplex on a quiet culdesac in north Spokane! Whether you’re an investor looking to add a high quality rental property to your portfolio, or an owner-occupant looking to live in one unit while renting the other, this property offers excellent investment potential. Each unit will feature modern finishes and many upgrades including white cabinetry, granite countertops, tile kitchen backsplash, stainless steel appliances, LVP flooring, and contemporary black fixtures and hardware. Enjoy year-round comfort and energy savings with the high-efficiency heat pump and gas furnace as backup. Each unit also has a 2-car garage that is insulated with automatic opener and keypad entry. All these exceptional features attract high quality tenants and make your life as a landlord MUCH EASIER! Estimated completion date December 2026. Additional new duplexes will begin construction soon and will be available for purchase.

512 E Caribou Ln, Spokane

$419,900
202624145 MLS
The property providing excellent potential for an investor owner-user, or developer. 3 parcel downtown Spokane assemblage with existing improvements and additional development land. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch –thick.

518 S Elm St, Spokane

$374,500
202624069 MLS
Wonderful 7-Bedroom, 2.5-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 7 private bedrooms and 2.5 shared bathrooms. This single-family home is currently rented by the room, generating an outrageously high gross monthly income! This investment model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular option for those looking to maximize income. All tenants are on flexible month-to-month leases, providing the opportunity to more easily increase cash flow and rental growth even further, or switch to a simpler and more traditional strategy, such as a single-family rental or mid-term rental. This property is available for purchase individually or as part of a larger, high-performing rental portfolio. Don't wait to reach out and learn how this opportunity can either jump-start or propel your real estate portfolio to the next level!

4722 N Regal St, Spokane

$399,000
202623990 MLS
Duplex in the heart of Spokane. Two separately metered units with highly functional layouts and recently updated! Upper unit features a 2-bedroom apartment with a full bathroom and kitchen including updated appliances and newer paint. Main level welcomes you with large living spaces, 3 bedrooms including a primary bedroom benefited by private backyard access and enormous walk-in closet. Enjoy an updated bathroom and kitchen boasting newer appliances. Both units updated 2022-23. Shared laundry room was recently added. Large unfinished basement provides added revenue potential. Spacious backyard offers room for additional revenue or enjoyment. Detached garage accessed by a rear alley provides additional storage. Separate electrical meters, both water heaters replaced 2022-23. Centrally located, 1.5 miles to downtown Spokane, Gonzaga, Spokane’s ‘Sports District’ this updated property generates great rates & offers abundant space.

420 W Shannon Ave, Spokane

$519,000
202623923 MLS
Turnkey triplex three blocks from Kendall Yards, recognized by the county as a legal 3-unit. Three 2bd/1ba units of roughly 1,119 sq ft, one per floor, each with its own kitchen, sub-panel and gas meter. Two units are leased at $1,395; the top floor is available now. Where the money usually goes on an older building is already spent: new plumbing in all three units, new tubs, surrounds & tub/shower hardware in units 1 & 3, high-end clawfoot fixtures in unit 2, new windows & mini-split heat/AC upstairs over gas forced air and central air. Sewer main cleared in July 2026. New washer hookup in unit 3 for a combo washer/dryer, plus shared laundry & private storage in basement. Newly fenced with the yard divided so each unit has private outdoor space, and there are six off-street parking spaces in the alley. Original fir floors, bay windows & French doors keep it leasing. Strong furnished-rental history & video walkthroughs of all three units are available on request. Occupied units shown after mutual acceptance.

1316 W Dean Ave, Spokane

$475,000
202623907 MLS
Great investment opportunity on Spokane’s desirable South Hill! This well-maintained triplex is ideally located just one block from Lincoln Heights Village and Trader Joe’s, with shopping, restaurants, and public transportation all close by. Each spacious unit offers 2 bedrooms, 1 bathroom, and dedicated laundry hookups. Tenants also enjoy a covered carport space and private storage locker. One unit has been completely updated with new kitchen cabinets and quartz countertops. Additional improvements included fresh exterior paint, enhanced landscaping, and updated light fixtures. The property also has a fenced yard and additional off-street parking. This is an excellent opportunity for investors or an owner-occupant looking to build equity and generate rental income. Priced below tax-assessed value—don’t miss this opportunity!

3112 E 29th Ave, Spokane

$1,041,125
202623868 MLS
Welcome to this stunning new 4-plex, located just minutes away from downtown Spokane. Each unit boasts 3 spacious bedrooms, 2 luxurious bathrooms, and over 1200 sqft of living space. The open-concept floor plan, modern construction, and high-end finishes throughout make this property a true gem. Enjoy durable LVP floors, luxurious hard surface counters, under-mount sinks, quality cabinets, and in-unit laundry. Large windows in each bedroom provide natural light and ample space, making every unit feel bright and welcoming. Conveniently located near local shops, restaurants, and parks, this property provides the perfect combination of luxury living and convenience. Don't miss out on this fantastic opportunity to add to your rental portfolio. Estimated completion to be February/March 2027 Photos are from 1428 e 1st ave and finishes will be similar.

1429 E 1st Ave, Spokane

$589,000
202623826 MLS
Exceptional Spokane Valley duplex that truly stands out from the crowd! Meticulously maintained, each spacious unit offers a comfortable, well-designed floor plan with a living room featuring a wood-burning fireplace and slider to the patio, a separate dining room with an additional patio slider, and two generous bedrooms—each with direct access to the backyard. Both units feature two beautifully updated full bathrooms, nicely updated kitchens with tile flooring, wood cabinetry and slab granite countertops, separate utility rooms, newer furnaces, central air conditioning, and attached 2-car garages. Multiple outdoor access points create a wonderful connection between the indoor and outdoor living spaces. This is easily one of the cleanest, nicest, and most impressively maintained duplexes you’ll find—a rare investment opportunity that reflects exceptional pride of ownership! Photos are of one side. The other unit is a mirror image and only difference is that is has a double wall oven and cooktop.

11308/11310 E 29th Ave, Spokane

$1,900,000
202623781 MLS
SVN Cornerstone is pleased to present Sharp Apartments, a 16-unit multifamily investment opportunity in Spokane, Washington. Originally constructed in 1977, the property offers a well-maintained apartment community with stable in-place cash flow and attractive value-add potential. The unit mix consists of twelve 1-bed, 1-bath units averaging 576 square feet and four 2-bed, 1-bath units averaging 720 square feet. 12 of the 16 units have already been renovated, with the remaining four offered in classic condition. All units feature in-wall air conditioning, baseboard heat, dishwashers and ample closet space, and the property offers onsite laundry and covered parking at the rear. Offered at $1,900,000 ($118,750 per unit / $194 per NRSF), Sharp Apartments generates a 5.77% in-place capitalization rate at 100% occupancy, demonstrating strong tenant demand and operational stability.

1515-1519 W Sharp Ave, Spokane

$279,950
202623666 MLS
Nicely updated property on North Ruby, and offered fully furnished! This 4+BR, 1.5BA home is a perfect single family rental, furnished room rentals, college student housing, a group or sober living home, or even for home/office or general commercial! Zoned GC-70, which allows for retail, office, residential, and other uses. Located close to Gonzaga, Great Northern University, and sits just north of downtown Spokane on a bus route. The main floor has a large secured foyer, an office, a bedroom, a large L shaped living/dining space, and an updated kitchen with white shaker cabinets, quartz countertops, and stainless steel apps. Upstairs are 3 huge bedrooms with walk in closets and a remodeled full bath. The lower level has a huge family room with egress window (could be a 5th bedroom), a newer half bath, an exercise/study area, and the laundry/mechanical room. Gas heat and updated electrical panel, too. Small fenced yard with deck. Lots of investment possibilities, and the price is fantastic! Dup Listing

2012 N Ruby St, Spokane

$749,900
202623575 MLS
Opportunity meets versatility with this Greenacres duplex tucked away on a quiet private drive. Each unit offers 3 bedrooms, 3 bathrooms, an attached 2-car garage, spacious living room with fireplace, dining area, kitchen with eat-up bar, upstairs laundry, deck and fenced backyard with sprinklers. Finished lower levels add a large gathering room, bedroom with egress window, bonus room, bathroom and storage. Unit A also features an ensuite. Situated on a generous .57-acre lot, this property stands apart with a 30x50 shop with 11.5-ft doors and an in-ground pool. Rent both units, house hack and offset your mortgage, rent the shop separately or pair it with a unit the possibilities are many. Some improvements have been completed with opportunity remaining for the next owner to add value. Conveniently located near Central Valley schools, freeway access, shopping, Liberty Lake, and hiking and biking trails. A unique investment with multiple income possibilities and room to make it your own.

19019 E 4th Ave, Spokane

$775,000
202623487 MLS
Investor/House Hack Opportunity! Creative ownership? Just ask! Recently rehabbed and updated now finished triplex in the heart of Spokane's historic South Hill neighborhood. Truly a prime location. Just 2 blocks/walk to shopping and dining. This multifamily, 3 unit 3 level historic home needs a new owner and their tenants. Vacant now and ready. The oversized lot has room for addition of an ADU next to the garage. Large detached garage next to a filled in pool allow for room to expand the bedroom/bathroom count. All three units are large and fresh. Oversize bedrooms, new bathrooms, separate living areas and utilitIy room. All have their all their own separate and secure entrances and meters. Ample room for parking multiple vehicles front and back and garage space.

3415 S Grand Blvd, Spokane

$425,000
202623077 MLS
Side-by-side duplex on a corner lot in Browne's Addition, clean and extremely well maintained top to bottom. Each spacious unit runs approximately 1,800 sq ft, with 2 bedrooms and 1 bath on the main floor plus a recently finished basement adding 2 more bedrooms and a full bath - giving each unit 4 bedrooms and 2 bathrooms total. LVP flooring throughout both units. Lower level laundry space is shared between units. 2 car garage. Corner lot location adds extra light, privacy, and easy street access. Both units are currently occupied with reliable, long-term tenants - please do not disturb the residents, showings by appointment only, with advance notice required. Location is unbeatable: walking distance to Rosauers, The Elk, and Pacific Pizza, with quick access to downtown, the freeway, and bus routes. A rare find in one of Spokane's most walkable, established neighborhoods - solid cash flow potential or an owner-occupied opportunity with room to grow.

1804 W 2nd Ave, Spokane

$1,050,000
202623010 MLS
Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a triplex, offering 2 bedrooms each.. The second building includes a total of 6 units, made up of one studio, three 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $10,261. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.

1103 W 9th Ave, Spokane

$650,000
202622796 MLS
Incredible South Hill single family or duplex home with private, self-contained attached ADU apartment. 5 beds, 5 baths total 4100sf. Perfect for owner occupy multi-family/generational living - or - easy to lease income investment. This updated 1925 built home boasts gorgeous original finishes, fixtures, and charm galore with built-in niches, cozy corners, and architecture that just does not exist in today's builds. The main residence offers 3 bedrooms and 3 baths in 3000 square feet of space with a 2 car garage. The ADU offers 2 bedrooms, 2 baths, fully updated/modern finishes in 1100 square feet of space with single carport parking. Both units are currently leased with a monthly income of $3945. Brand new roof is done August 2026. Don't miss this one; it's one of the best opportunities on the market today!

1128 E 29th Ave Ave, Spokane

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.