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$349,900
202622776 MLS
Welcome to 603 W Augusta Ave, Units 601 & 601 1/2—a recently remodeled triplex with a strong rental history and excellent occupancy since 2021. The property features a 2-bedroom house with in-unit laundry, plus an attached duplex addition fronting Howard Street that includes a 2-bedroom unit and a studio. The property has benefited from consistent tenant demand, with tenants renewing annually. Each tenant pays their own electricity, helping keep operating expenses manageable. Recent improvements include a new roof, new siding on the additional structure, new flooring and a refrigerator in the studio, and a new hot water tank. Located directly across from North Central High School, this property offers an attractive opportunity for investors seeking an established income-producing property or owner-occupants looking to live in one unit while generating rental income from the other two. Current leases provide immediate rental income, with additional opportunity for future rent increases.

603 W Augusta Ave, Spokane

$450,000
202622731 MLS
Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and bathroom. The third unit with long-term stable tenant offers future potential to add value. Separate electric meters, and dedicated parking spots in a fenced lot. Close to downtown Spokane, shopping, dining, the Spokane River, and Centennial Trail.

2012 N Cincinnati St, Spokane

$1,200,000
202622727 MLS
Exceptional investment and development opportunity on ±4.42 acres of Light Industrial-zoned land in a prime Spokane location with quick, convenient access to I-90. This versatile property offers the rare combination of immediate rental income and outstanding future development potential. Two updated residential homes are currently leased, generating $4,600 per month with the opportunity for immediate rent increases. The homes include a 5-bedroom, 2-bath residence with approximately 1,656 square feet and a 4-bedroom, 2-bath residence with approximately 1,200 square feet. Continue collecting rental income while planning your next commercial or industrial project. The Light Industrial zoning supports a variety of business and development opportunities, making this an ideal investment for developers, owner-users, or investors seeking long-term upside. Rarely does a property offer this combination of income, flexibility, desirable zoning, and a highly accessible location.

5703 S Thomas Mallen Rd, Spokane

$369,500
202622632 MLS
Wonderful 6-Bedroom, 2-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 6 private bedrooms and 2 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!

2823 W Sharp Ave, Spokane

$365,000
202622625 MLS
Wonderful 6-Bedroom, 2.5-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 6 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!

1808 W Augusta Ave, Spokane

$245,000
202622536 MLS
Investor-ready up/down duplex just off the North Monroe corridor, steps from Elliott's Kitchen and minutes to downtown Spokane. The main-floor unit lives large with 2 bedrooms, 1 bath, and roughly 1,479 sq ft of living space including a partially finished basement; upstairs offers a 1 bed, 1 bath unit with a bonus room area — ideal for a home office or flex space. Both units are tenant-occupied, so the income starts on day one. Improvements completed since the current owner took over, plus forced-air heat and a 200-amp panel. Outside, a fully fenced 6,000 sq ft lot, detached garage, and classic 1905 character on a quiet block in Emerson-Garfield, served by Garfield Elementary and North Central High. Whether you're growing a rental portfolio or looking to house-hack, this one checks the boxes. Schedule your showing today!

907 W Montgomery Ave, Spokane

$449,900
202622528 MLS
Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month. Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth. New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.

1112 S Ash St, Spokane

$435,000
202622525 MLS
Investment opportunity at 4025/4027 N. Washington — a well-maintained Spokane duplex generating $3,400/month in gross rental income ($40,800/year), in place and ready for a new owner. Lower unit (4025): 3 bed/1 bath with hardwood floors, an updated kitchen, and a fenced yard. Upper unit (4027): 1 bed/1 bath with private stairway and deck access. A detached 2-car garage adds valuable storage and additional income upside, while the low-maintenance exterior helps keep operating costs down. With a strong unit mix, proven rental history, and immediate cash flow, this duplex is a turn-key addition to any investment portfolio — whether you're expanding your holdings or acquiring your first income property. Located in an established Spokane neighborhood with consistent rental demand. Schedule your showing today and see the numbers for yourself.

4027 N Washington Rd, Spokane

$399,900
202622478 MLS
Own a piece of Browne's Addition, a circa-1900 Victorian 4-plex just blocks from downtown Spokane, 100% occupied and grossing $3,445/month. Character you can't build anymore: curved bay windows, arched fanlight, twin columned porches, and a striking floor-to-roofline river-rock chimney anchoring the front. The 2,584 sq ft layout spreads four 1 bed/1 bath units across two stories, plus a partial basement for storage and mechanicals. All four leases are current with staggered expirations into 2027 and rents of $800–$925 dependable day-one cash flow with clear upside to market rents on turnover. Out back, gravel off-street parking with alley access keeps tenants happy in a neighborhood where parking matters. Walk to Coeur d'Alene Park, the MAC, and the cafes and pubs of Spokane's oldest neighborhood; minutes to downtown, Kendall Yards, and the medical district. Turnkey income in a location that never goes out of style. Schedule your showing today!

1911 W 2nd Ave, Spokane

$915,000
202622397 MLS
Wow — this place is a gem. This immaculate 8-unit property has a gorgeous brick exterior, hardwood floors and original woodwork, and individually controlled hot-water radiators that keep every updated unit comfortable. The full basement is impressively clean and includes leased laundry machines, the boiler and tanks, plus generous storage for both residents and the owner. The property is beautiful, well cared for, and consistently enjoys stable occupancy. 1015 and 1017 S Cherry are garages converted to units in the '50s and 1720 W 11th is a one bedroom detached unit. All are on the same lot and those three units have their own heat, lights and hot water. Average rents shown for 5 1brs. Expenses in Assoc. Docs. No seller financing.

1722 W 11th Ave, Spokane

$575,000
202622248 MLS
Exceptional value-add investment opportunity in a prime South Hill location! This 6-unit apartment building features five 1-bedroom/1-bath units and one studio, ideally situated directly across from Huckleberry's Natural Market and just minutes from Downtown Spokane, Sacred Heart, Deaconess, and other major employers. The property offers five covered off-street parking spaces, coin-operated laundry, and a history of stable, long-term tenants who are all current on rent. While the building has been well maintained, many units remain dated, providing an excellent opportunity to renovate and capture significant rental upside as units turn over. Strong location, dependable tenancy, and below-market rents make this an attractive investment with immediate income and long-term appreciation potential.

1019 S Monroe St, Spokane

$334,500
202622243 MLS
DUPLEX OR THE PERFECT PLACE TO CALL HOME! Opportunity awaits with this beautifully maintained duplex in the heart of Northwest Spokane! Blending timeless vintage character with modern updates, this property offers both charm and versatility. A spacious front porch and welcoming foyer connect the two separate entrances while preserving the home's original character. The detached two-car garage provides ample parking and storage, and the fully fenced yard with automatic sprinklers offers an inviting outdoor space. Conveniently located near parks, schools, shopping, dining, and other everyday amenities, this is a rare opportunity to own an income-producing property with future flexibility. Don't miss your chance to add this unique duplex to your portfolio or make it your next home.

1207 W Shannon Ave, Spokane

$509,900
202622155 MLS
Great investment opportunity with this South Hill duplex. Located just 3 blocks from the West side of Underhill park walking trails and the Ben Burr Trail. 2 Story duplex offering 3Bd, 2.5Bth and nearly 1400 sq.ft. per side. Nicely updated and features Granite Counter tops, Durable laminate wood floors, Tile floors and tub surrounds, Natural wood cabinets and an open great room design. Each unit also has 1 car attached garages and decks overlooking fully fenced back yards. Great central location on a quiet cul-de-sac and just minutes from Downtown or Spokane Valley. Recently added Gas forced air heat w/central A/C and still offers in wall heaters in addition to the central HVAC system. Current income of $1810 for 2419. Long term tenant in 2417 will be moving, giving a potential income of $2300 per month or an opportunity for owner occupant while renting the second unit.

2417/2419 E 8th Ave, Spokane

$830,500
202622104 MLS
High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience. The property’s desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity. With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return

1119 W Augusta Ave, Spokane

$549,950
202622091 MLS
Location, Location! Fantastic opportunity to own a well-maintained 3,400 sq. ft. duplex that’s perfect for investors or owner-occupants looking to offset their mortgage with rental income. This property has a strong history of excellent rentability and has seen numerous recent updates, including a brand-new roof, fresh exterior paint, new sod, and many additional repairs and improvements over the past several months. One unit features new carpet and beautifully refinished oak hardwood floors, creating a fresh, move-in-ready feel. A detached garage provides added storage or parking. Ideally situated on Spokane’s desirable Lower South Hill, you’ll enjoy easy access to parks, scenic trails, neighborhood coffee shops, grocery stores, and other everyday conveniences, making this an attractive place to live for both owners and tenants alike.

1203 S Walnut St, Spokane

$347,500
202622041 MLS
DUPLEX OR THE PERFECT PLACE TO CALL HOME! This charming property offers incredible flexibility for investors and owner-occupants alike. One unit is currently vacant, giving you the opportunity to move in and let the rental income from the other unit help offset your mortgage, or lease the vacant unit to maximize your investment potential. Both units feature bright, beautiful sunrooms that fill the homes with natural light, gorgeous hardwood floors, and timeless character throughout. Enjoy peace of mind with brand-new heating systems in both units, along with ample off-street parking for residents and guests. Conveniently located near parks, schools, shopping, and everyday amenities, this Spokane duplex blends classic charm with modern updates and outstanding income potential. Don't miss your opportunity to own a property that offers versatility, character, and long-term value.

2117 & 2119 E Providence Ave, Spokane

$679,500
202621988 MLS
Live in one unit and rent the other — or secure an outstanding investment! This brand-new turn-key duplex is strategically located just minutes from Downtown, the University district & NorthTown Mall shopping, perfectly positioned for high occupancy. Each two-level unit offers a 3-bed/3-bath configuration, both with their own garages and private fenced backyards. With 1,500 sq/ft per unit, these spaces exceed the average Spokane rental size, providing a competitive advantage. The main level features a light-filled great room with ample seating & dining space for everyday living & entertainment. The kitchen provides quartz surfaces, tons of storage and stainless appliances. The dining leads out the backyard patio, perfect for relaxation & BBQs. Upstairs features a convenient primary suite with a walk-in closet and its own bath including a double-sink vanity, alongside two guest rooms, a full guest bath, and a dedicated laundry closet. Don't miss the chance to secure this premium new build in a prime location!

917 E Providence Ave, Spokane

$675,000
202621976 MLS
Rare investment opportunity: brand-new duplex located just minutes from the University District, SCC and downtown shopping & dining. This asset is a dream for investors or those seeking a house-hack opportunity, live in one side while the other pays your mortgage! Each unit includes their own garage with a large driveway space, rear additional parking, plus private fenced backyards with gated access. The spacious 1,388 sq/ft units (2,766) sqft total) offer 3 bedrooms and 2.5 baths each, finished in an attractive blend of contemporary and traditional styles. The main level includes a great room connecting the living area to a kitchen showcasing quartz surfaces, plenty of cabinetry, and stainless steel appliances. Upstairs, find a large primary suite with a walk-in closet and a double-sink bath, two guest bedrooms, full guest bathroom, and a laundry closet. Don’t miss this rare chance to acquire a new-construction duplex in a high-demand area, schedule your private showing today!

420 E Euclid Ave, Spokane

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