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2417/2419 E 8th Ave, Spokane
$499,900
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

1119 W Augusta 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

3003 E 30th Ave, Spokane
$749,900
202621752 MLS
Exceptional investment opportunity at 3003 E 30th Ave! This versatile property features three separate rental units, offering outstanding income potential for both short-term (Airbnb/VRBO) and long-term rentals. The property has generated an average monthly income of approximately $7,000, making it an attractive opportunity for investors seeking immediate cash flow. Whether you're looking to expand your portfolio, occupy one unit while renting the others, or maximize income through short-term rentals, this property offers exceptional flexibility. Conveniently located on Spokane's desirable South Hill near shopping, dining, parks, and major commuter routes, this turnkey investment combines strong income potential with an unbeatable location. Don't miss the opportunity to own a versatile, income-producing property with proven performance.

3003 E 30th Ave, Spokane

913 E Longfellow Ave, Spokane
$389,900
202621722 MLS
Welcome home to this beautifully updated North Spokane property offering space, flexibility, and rental income! The main floor unit features 4 bedrooms and 2 bathrooms, with stylish updates throughout and a comfortable, move-in-ready feel. As an added bonus, the basement unit features a separate entrance with 1 bedroom and 1 bathroom, complete with its own full kitchen and laundry, perfect for multigenerational living, extended guests, or rental income. Outside, enjoy a fully fenced backyard with with covered outdoor patio space. Plenty of room to relax, entertain, garden, or play, plus the convenience of a single-car garage. Ideally located in North Spokane with easy access to shopping, dining, schools, parks, and everyday amenities. With 5 total bedrooms, 3 bathrooms, two kitchens, and separate living possibilities, this unique property offers incredible versatility and opportunity. Don’t miss it!

913 E Longfellow Ave, Spokane

2327 E 29th Ave, Spokane
$685,000
202621677 MLS
SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential. - Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans. - One month to month lease creates the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements. - Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers. - Recent improvements include LVP flooring and updated kitchen cabinets

2327 E 29th Ave, Spokane

2407 E Columbia Ave, Spokane
$540,000
202621463 MLS
3.625% ASSUMABLE LOAN with lender approval!!! INVESTOR OPPORTUNITY awaits with this exceptional duplex investment! Live in one side and rent the other, or maximize your income by renting both units. Each spacious unit features 3 bedrooms, 2 bathrooms, plus upper and lower living levels with a huge family room, providing plenty of room for comfortable living. The 2409 unit has been beautifully remodeled, while the owner-occupied unit is approximately 60% updated, offering the chance to add your own finishing touches and build additional equity. Carport and storage area for each unit with alley access. Whether you are an investor or an owner-occupant looking to offset your mortgage with rental income, this is a RARE OPPORTUNITY TO ASSUME EXISTING LOAN you won't want to miss out on!

2407 E Columbia Ave, Spokane

1422 N Wall St, Spokane
$740,000
202621406 MLS
The investment opportunity you've been waiting for! With a proven track record of successful short-term rental income, this modern central Spokane duplex offers incredible flexibility and income potential. Continue operating as a short-term rental, transition to long/mid-term tenants, or live in one side while renting the other to help offset your mortgage and build equity. Ideally located near Spokane Arena, ONE Spokane Stadium, The Podium and downtown, the location is perfect for attracting guests and tenants alike. Built in 2021, each unit offers 3 bedrooms, 2.5 bathrooms and 1,504 sq ft of well-maintained living space. Both units come fully furnished and feature stainless steel appliances, LVP flooring, Shaker-style cabinetry and hard-surface countertops. The xeriscaped exterior provides low-maintenance living, and each unit offers off-street parking accessed from a private alley. Whether you're an investor or an owner-occupant looking to house hack, this turnkey duplex is ready to start working for you!

1422 N Wall St, Spokane

2217 W 5th Ave, Spokane
$455,000
202621090 MLS
New Exterior Paint! Own a rare piece of history in the heart of Browns Addition, featuring a charming partial cobblestone street just outside the door. This well-preserved triplex, built in 1891, has been lovingly cared for, renovated, and restored by the same family for over 30 years. Two units are located on the main level, while the third upper-level unit offers a private balcony. A brand-new mini split HVAC system has recently been installed, enhancing comfort and efficiency. The property includes off-street parking, a small garage ideal for storage, and shared laundry in the basement. Professionally managed, this historic investment blends timeless character with modern updates and long-term care. 2 units are held vacant for someone who would like to owner occupy their new investment!

2217 W 5th Ave, Spokane

511 W 14th Ave, Spokane
$415,000
202621084 MLS
New roof being installed! Charming South Hill Duplex built in 1908 offering 3,130 square feet of classic character and investment potential. This well-maintained property features two spacious units, with the ground-floor unit enjoying access to the full basement—partially finished and ideal for additional living space, storage, or future customization. Tenants appreciate the shared private backyard and detached garage with off-street parking, providing both convenience and comfort. Professionally managed by On-Top Realty, the property has been consistently cared for and maintained. Located in one of Spokane’s most desirable neighborhoods, this duplex is close to multiple parks and just half a mile from Manito Park. Whether you’re looking for a strong rental investment or a multigenerational living opportunity, this South Hill property offers versatility, location, and timeless appeal.

511 W 14th Ave, Spokane

2022 W College Ave, Spokane
$465,000
202621040 MLS
Rare Income-Producing Gem in Spokane’s West Central Neighborhood Welcome to your next smart move. This well-maintained 4-unit building sits just blocks from the vibrant Kendall Yards district; where cafés, breweries, and riverside trails are part of your daily routine. Built in 1895 and professionally managed, this property features three 1-bed/1-bath units and one 2-bed/1.5-bath space, all fully occupied. This property offers: • Prime location in a rapidly appreciating neighborhood • Alley access with detached parking; rare for multi-units in the area • Level lot (6,534 sq ft) with fenced yard space; flexible for outdoor use or future value add Imagine walking out to local dining, green spaces, and community events; your tenants will too. Financials are professionally handled and available on request. Your next chapter of passive income starts here. Schedule your private tour today. Investment opportunities like this don’t wait long.

2022 W College Ave, Spokane

1423 N Post St, Spokane
$447,500
202621003 MLS
Fully occupied 4-unit investment property just minutes from downtown Spokane and the Arena. Unit mix includes one studio, two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, currently generating approximately $3,350/month ($40,200/year) in gross rent. All tenants are month-to-month and pay their own electric and heat, creating immediate flexibility for the next owner. Current rents offer potential upside as units turn or rents are adjusted, subject to applicable landlord-tenant laws. Property also includes a large 3-car garage with workshop space, alley access and additional income potential. Fresh exterior paint, 2,730 sq ft, four existing income streams and room to improve performance. A solid opportunity for an investor looking for existing cash flow with value-add potential.

1423 N Post St, Spokane

1708 W Gardner Ave, Spokane
$799,900
202620762 MLS
Exceptional multifamily investment opportunity in North Spokane! This income-producing 7-plex offers strong cash flow, stable rental income, and excellent upside potential in a high-demand rental market. Featuring a desirable unit mix with spacious floor plans and functional layouts, this property is designed to attract and retain quality tenants. Ample off-street parking, low-maintenance features, and recent system updates help reduce operating expenses and maximize returns. Conveniently located near schools, shopping, restaurants, medical services, parks, and public transportation, the property benefits from consistent tenant demand and strong occupancy potential. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or acquire a turnkey multifamily asset, this apartment investment offers immediate income and long-term appreciation potential. Don't miss this rare opportunity to own a well-positioned North Spokane income property with proven investment performance.

1708 W Gardner Ave, Spokane

557 E Broad Ave, Spokane
$499,000
202620045 MLS
Northtown duplex with both units in great shape. Unit 559 was fully remodeled in 2022, and 557 is wrapping up its update now. Each side has a spacious 4br/1.75ba layout with a family room and a fireplace — plenty of room and a solid rental setup. Roof and gutters were replaced in 2020, and both units have electric baseboard heat, wall fan heaters, dishwashers, and washer/dryer hookups. Outside you’ve got vinyl windows and dedicated carports for each unit. The yard could use a little love, but the big-ticket items inside and out are already handled. Unit 557 is intentionally left vacant for easy showings or an owner-occupant option. (west side entrance) When showing, just note it’s not quite finished yet, but it’s close.

557 E Broad Ave, Spokane

1017 W Augusta Ave, Spokane
$322,500
202620016 MLS
Vacant duplex ready for its next owner! This 3,726 sq ft property offers two spacious 2-bedroom units: a 2BR/1BA downstairs and 2BR/1.5BA upstairs, each with separate electrical service and laundry hookups. Both units will be vacant, giving the next owner the flexibility to place their own tenants, set new lease terms or live in one unit while renting the other. Estimated market rents are approximately $1,350 downstairs and $1,450 upstairs, for potential gross rent of approximately $2,800/month ($33,600/year). Convenient North Spokane location near downtown, shopping and amenities. Whether you're an investor looking for a clean slate or an owner-occupant wanting rental income to help offset the mortgage, this duplex offers multiple ways to make the numbers work.

1017 W Augusta Ave, Spokane

2924 E Broad Ave, Spokane
$442,500
202620014 MLS
Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether you're an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.

2924 E Broad Ave, Spokane

2214 W Northwest Blvd, Spokane
$479,900
202619942 MLS
Turnkey investment opportunity! This fully occupied 6-plex offers immediate cash flow and long-term income potential in a desirable location near shopping, dining, and everyday amenities. Each well-maintained single-level unit features 1 bedroom and 1 bathroom, appealing to a broad tenant base. Additional amenities include on-site laundry facilities, tenant storage in the basement, and convenient off-street parking. With stable rental income, low-maintenance living, and strong investment fundamentals, this property is an excellent addition to any real estate portfolio. Whether you're expanding your holdings or seeking a reliable income-producing asset, this fully leased multifamily property is one you won't want to miss.

2214 W Northwest Blvd, Spokane

819 E Sinto Ave, Spokane
$570,000
202619673 MLS
Two adjacent houses for sale, to be sold together! Extremely rare opportunity in a highly sought-after location where properties seldom become available. Positioned just 1 block from Gonzaga University, this offering presents exceptional potential for student housing investors and developers alike. The property includes two separate homes, each are 1236 sqft and feature 3 bedrooms and 1 bathroom, with the potential to add an additional bathroom to each residence for increased rental appeal and income. Zoned CA-1 with a maximum building height allowance of 75 feet, this property also offers significant redevelopment potential. Rent the existing homes as-is, enhance the current improvements, or maximize the parcel's density with new construction. Whether you're seeking strong rental demand near Gonzaga University or a strategic long-term investment opportunity, this property delivers exceptional versatility and upside. Being sold with address 817 E Sinto Ave.

819 E Sinto Ave, Spokane

1828 N Dakota St, Spokane
$550,000
202619669 MLS
Here it is, a solid investment property in the sought after GU District. This mid century brick rancher sits on a corner lot just a couple blocks from Gonzaga. The perfect solid built family home that has been converted into an over-under duplex. Each unit features 3 generous sized bedrooms and a couple of bathrooms. There may also be enough room to the south of the house for an ADU on this large corner lot. Full of great space and original built-in storage cabinets and beautiful hardwood floors throughout the main floor. New flooring in the main floor kitchen and dining area, and newer LVP flooring throughout the basement. This is a prime location close to all the great restaurants and shops in the GU district and has a solid rental history at market level rents.

1828 N Dakota St, Spokane

2224 N Park Rd, Spokane
$275,000
202619605 MLS
Unlock the potential of this Spokane Valley investment opportunity! Situated on a single parcel, this unique property features two separate homes, creating endless possibilities for investors, multi-generational living, or buyers looking to offset their mortgage through rental income. Each residence offers its own private entrance and dedicated living space, providing comfort, independence, and privacy for occupants. With a little vision and sweat equity, this property presents an incredible chance to build value while generating income. Conveniently located near shopping, dining, parks, and commuter routes, you'll enjoy easy access to everything Spokane Valley has to offer. Whether you're expanding your investment portfolio or searching for a versatile property with built-in income potential, opportunities like this don't come around often. Bring your ideas and discover the possibilities waiting here!

2224 N Park Rd, Spokane

505 E Hawthorne Rd, Spokane
$4,497,700
202619428 MLS
Welcome to Sienna Terrace, a new 18-unit apartment complex currently at 100% occupancy! Located in north Spokane and just a few short blocks from Whitworth University, this thoughtfully designed community offers a collection of 1BR, 2BR, and 3BR units. Each luxury apartment features an open-concept floor plan, contemporary finishes, and large windows that fill the interiors with natural light. There are 6- one bed/one bath units; 9- two bed/two bath units; and 3- three bed/two bath units. This prime location is just 7 miles from downtown Spokane and less than 1/2 mile from the Whitworth University campus, which has a current enrollment of over 2500 students. Tenants will love the numerous shopping and dining options nearby, with Target, Best Buy, Dick's Sports, Olive Garden, Red Robin and the YMCA among the many businesses and restaurants within 1/2 mile.

505 E Hawthorne Rd, Spokane

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

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