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$350,000
202616663 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

$289,950
202616461 MLS
Extensively updated property on North Ruby! This 4+BR, 1.5BA home is offered fully furnished and is perfect as a single family rental, room rentals, traveling nurses, college kids, a short term rental, or? New white shaker kitchen with apps and quartz countertops, updated baths, new flooring and paint, and more. The main floor has 1BR, an office (no closet), living/dining, and kitchen. 3BR 1BA up. Finished bsmt has half bath, fam room, exercise room, and laundry. It could potentially be a private suite by adding a shower. Walk/bike distance to Gonzaga and Great Northern University, and it's on a bus route. Lots of stores and restaurants close by. Zoned GC-70, which allows for a variety of commercial, office, and residential uses. It would be a fantastic home/office property with high visibility. WSDOT says the avg daily traffic count is 23,000 vehicles. The property was designed to be a group home, but the zoning allows for much more. Unique property! Rents are estimated based on 4 room rentals.

2012 N Ruby St, Spokane

$479,800
202616284 MLS
Looking a turn key, no maintenance investment that rents out quickly & easily? This is the best priced new construction duplex you’ll find in the area! These units attract great tenants at $1695-1795 per month, plus they pay all utilities (Owner only pays taxes & insurance). Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course and plenty of neighborhood amenities and restaurants, including the Flying Goat & the revitalized Monroe district!. This single-story duplex offers two 2 bed / 2 bath units with laundry hookups and open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC. One unit occupied, the other left as a model home but these are in high demand so could easily be filled. 3 other buildings at this site, all are occupied with annual leases if you are looking for more units. At a 7+% cap rate, you have finally found a nice, new investment property that actually cash flows!

1912 W Buckeye Ave, Spokane

$365,000
202615844 MLS
Discover the charm of this historic 1890s Cape Cod-style duplex, perfectly situated on a .14-acre corner lot. This prime location offers you quick access to shopping in Kendall Yards, Gonzaga University, and the vibrant downtown Spokane. Enjoy the convenience of nearby local favorites such as Indaba Coffee, REI, Made with Love Bakery, and unique antique shops. Plus, you’ll be just two doors down from the Sinto Senior Center, which hosts daily activities and food for the community. This inviting duplex features a spacious main living and dining area, along with 2 bedrooms and 1 bath on the lower level. The upper unit offers a cozy one bedroom and bath, providing flexibility for various lifestyles. Whether you envision it as your owner-occupied home, an Airbnb, a VRBO rental, or a lucrative investment property, this gem is filled with potential. Don’t miss out on this opportunity to own a piece of history!

1202 W Sinto Ave, Spokane

$1,295,000
202615565 MLS
Well-maintained 8-unit investment opportunity consisting of two 4-plexes on separate residential parcels, offering the possibility of residential financing with more favorable terms than typical commercial loans, subject to buyer’s lender. Each unit features a spacious 2 bed / 1 bath layout of approximately 1000 SF with washer/dryer hookups—larger than typical Spokane rentals—supporting strong tenant demand and retention. Property has been carefully self-managed with excellent upkeep and a stable tenant base with consistent payment history. Recent improvements include multiple newer water heaters and washer/dryer units. In-place rents provide solid cash flow with clear upside through light interior updates; comparable renovated units are achieving ~$1,450–$1,550/mo. One unit has been left intentionally vacant for owner-occupancy or immediate lease-up at market rent. A well-performing, stabilized asset with consistent operations and a straightforward value-add opportunity in a high-dema

3222-3224 N Madison St, Spokane

$800,000
202615287 MLS
Stunning, fully renovated 5-plex in the heart of Browne’s Addition! Prime location a block from several restaurants including, The Elk. Also close to Coeur d'Alene Park & Grocery store, w/ quick access to downtown Spokane & I-90. All units updated w/ modern finishes, new appliances & remodeled interiors. Strong rental history = excellent turnkey investment. Unit mix: Four 2bd/1ba + one 1bd+office/1ba. Amenities include on-site laundry (smart card for add’l income), basement storage for each unit & 1 covered parking space/unit (carport/garage). Conventional gas boiler w/ hydronic heating serves entire bldg. Updates: new: flooring, ext/int paint, plumbing fixtures in all units, commercial 76 gal. gas hot water heater. Unit D remodeled to studs. New roof on garage/carport; main roof ~12 yrs old. Great opportunity in one of Spokane’s sought-after neighborhoods!

2109 W Pacific Ave, Spokane

$599,900
202615275 MLS
Strong performing 4-plex designed for investors seeking reliable income and long term stability. Current rents total $5,400 per month, delivering excellent cash flow and making this a solid addition to an investment portfolio or a strategic entry into multi family ownership. Several tenants are month-to-month, creating the possibility of owner-occupant purchase. Each of the four units offers a 2 bedroom, 1 bath layout with updated interiors that attract quality tenants and support consistent occupancy. Well maintained throughout, the property includes off street parking +dedicated tenant storage. Each unit features its own laundry hookups, and washers & dryers are included, creating added tenant appeal and reducing vacancy risk. Located near a bus route providing convenient access to transportation for tenants to nearby stores & restaurants.

2927 E Olympic Ave, Spokane

$395,000
202615206 MLS
SVN Cornerstone is pleased to present the Hogan Duplex and Storage Units for sale located at 3024 N Hogan St in Spokane. The Hogan Duplex and Storage Units consist of two 2 bedroom 1 bathroom units in the duplex and 2 storage units on the same lot. Opportunity for Residential Financing – Qualifies for attractive residential financing with lower down payment options and favorable loan terms, increasing accessibility and overall return potential Rental Upside – Current rents are below market with the ability to increase to approximately $1,350, providing immediate income growth potential Diverse Income Streams – Duplex units combined with additional storage units provide multiple sources of income and reduced vacancy risk Strong Location – Situated in a desirable Spokane location with access to employment, schools, and amenities, supporting consistent rental demand and long term stability New roof in 2022 and updated heaters help reduce near term capital expenditures and improve operational stability

3024 N Hogan St, Spokane

$530,000
202615112 MLS
Mixed use commercial building with high traffic exposure. Main level is currently a restaurant space with large dining area & full commercial kitchen addition in 2008 with gas 8 burner range, double ovens and hood suppression system, steam table, walk in Norlake refrigerator approx. 8' deep by 6' wide, dishwasher, 3 bay sink, 2 hand sinks, freestanding freezer and additional fridge, 2 bathrooms, and storage. Updated fire sprinkler system. 2nd floor is currently used as an owner residence but could be easily divided into (2) 1 bedroom 1 bath apartments with their own meters. Kitchens would need to be finished/added for each unit. The full basement provides additional dry storage with concrete floor and access to plumbing, electrical and mechanical. Brick construction and TPO style roof. Gas forced air heat with roof mounted A/C systems for main level suite. 4 onsite parking spots behind the building. Updated mechanical including new roof in 2015.

1227 N Division St, Spokane

$395,000
202614654 MLS
Directly across from Mission Park and just steps from Gonzaga University, this classic brick investment property sits in one of Spokane’s most consistent and in-demand rental locations. With campus, recreation, and neighborhood amenities all within easy reach, it’s ideally positioned for long-term tenant appeal. The home offers a functional six-bedroom layout with three bedrooms upstairs and three downstairs—well-suited for student housing or shared living. Solid brick construction adds lasting durability and timeless character, while the unbeatable proximity to Gonzaga ensures strong, reliable demand year after year. Currently leased through May 2027 at $3,000 per month, this is a true turnkey investment with immediate income. Tenants pay all utilities and landscaping, contributing to a low-maintenance ownership experience, and a strong 7.1% cap rate. An exceptional opportunity to own a stable, income-producing property just moments from Gonzaga’s campus.

1307 E Mission Ave, Spokane

$1,250,000
202614536 MLS
Prime Investment Opportunity: Newer 4-Plex in Spokane Presenting an exceptional investment opportunity—this 5 year new, luxury 4-plex is a turnkey property offering immense potential for long-term returns. Each of the four spacious, multi-level units features 3 bedrooms, 2.5 bathrooms with high-end finishes, making it an ideal choice for investors looking to capture both rental demand and appreciation in one of Spokane’s most iconic neighborhoods. With sleek granite countertops, stainless steel appliances, and high-end flooring throughout, these units offer modern, comfortable living spaces. The open floor plans and multi-level design provide a sense of space and privacy, while the efficient use of square footage ensures low maintenance costs and maximized rental income. The property is equipped with all the latest amenities, including Fire suppression system, energy-efficient systems, smart-home technology, and modern fixtures, giving it a competitive edge in the local rental market.

2001 W 7th Ave, Spokane

$525,000
202614429 MLS
Turnkey 4-plex opportunity (1 bed 1 bath each unit) with strong rental history and flexible use options. Three units are currently rented, generating $2,900/month, with one vacant unit ready for immediate occupancy or lease-up - bringing potential total rents to approximately $3,900/month. This property has consistently rented quickly with low turnover, making it an ideal addition to an investment portfolio or a perfect owner-occupied house hacking opportunity. Live in one unit while the others offset your mortgage, or fully lease the fourth unit to maximize income. Each unit is separately metered, helping keep utility management straightforward. Whether you're a seasoned investor or just getting started, this property offers immediate income with upside potential in a proven rental location.

1913 W Mallon Ave, Spokane

$749,900
202614419 MLS
Rare opportunity to own a versatile multi-family/mixed-use property in Spokane near schools, hospital, businesses with strong income potential and multiple commercial or residential uses. This unique property is ideal for group housing, assisted living, student housing, Airbnb, or office conversion. The back unit features a spacious 6 bed, 2 bath layout with the ability to accommodate up to 12 income-producing beds, previously operated as a group home generating around $700 per bed. The layout includes a large kitchen, open living space, designated manager’s quarters, and office loft—perfect for supported living, group housing, or workforce housing.The front unit offers 2 bed, 1 bath with a flexible setup ideal for a manager or owner-occupant, with a bedroom plus additional guest room/office. A side structure that is around 198 sq ft provides excellent potential for intake office, counseling space, or private workspace, plumbed with plumbing and electrical.

604 S Ray St, Spokane

$1,050,000
202614399 MLS
SVN Cornerstone is pleased to present the Villa Maria Apartments for sale located at 418 E Mission Ave in Spokane's Logan neighborhood. The Villa Maria Apartments consist of a 15 bedroom shared housing residence with five bathrooms. The property features a large shared kitchen, furnished common living areas, a common laundry room with two washers and two dryers, and five off street parking spaces. - Recent capital improvements include fully furnished bedrooms, upgraded copper electrical wiring, a newer asphalt shingle roof, double pane windows, and a high efficiency gas water heater. - Prime Logan neighborhood location within walking distance of Gonzaga University, downtown Spokane, shopping, dining, and major employers. - All bedrooms and common areas are fully furnished, allowing for seamless leasing and making this a turnkey investment. - Affordable by the room housing attracts a stable tenant base primarily consisting of students. - Residential utility rates reduce operating expenses and enhance NOI

418 E Mission Ave, Spokane

$645,000
202614397 MLS
SVN Cornerstone is pleased to present the Seventh Apartments for sale located at 1427 W 7th Ave in Spokane's Cliff Cannon neighborhood. The Seventh Apartments consist of six total units including five 1bed/1bath units and 1 studio. The property features three on site parking spaces, ample street parking, and a dedicated room that can be converted into a laundry room. Highilights - 100% Occupied – Fully occupied property providing immediate and stable cash flow. - Over $30K in Recent CapEx – Recent improvements include new water heaters and fresh exterior paint. - Upgraded Copper Electrical Wiring – Copper electrical wiring reduces insurance concerns and future capital needs. - Unique Property Layout – One unit is located in a separate building, offering added privacy and a distinctive unit mix. - Prime Central Location – Conveniently located near a bus stop, hospitals, downtown Spokane, I-90, shopping, dining, and major employers.

1427 W 7th Ave, Spokane

$399,999
202613959 MLS
Turnkey investment opportunity in Spokane’s Logan neighborhood near Gonzaga University. This fully updated 4-bedroom (1 BR non conforming), 2-bath home offers strong rental potential with a flexible layout ideal for student or multi-tenant occupancy. The finished basement provides additional living space and bedroom count, maximizing income potential. The garage provides additional 451 SQ foot of space for hobbies, workspace, or storage. Currently set up as a bedroom (5th) and fitness room Recent renovations (2023) reduce maintenance concerns, while the open-concept main level and modern kitchen increase tenant appeal. Detached garage with bonus space offers potential for storage income or future value-add. Convenient proximity to downtown Spokane, schools, and amenities supports consistent demand and occupancy. Brand new sewer line, HVAC & AC, on demand hot water tank.

942 E Baldwin Ave, Spokane

$389,000
202613550 MLS
Charming duplex just off Monroe, close to local shops & eateries! Lower unit offers 3 beds & 1 bath, plus a 4th bonus room. Fully remodeled throughout, featuring an open-concept living & dining area, great kitchen layout w/ new appliances, space for an island, & a walk-in butler’s pantry w/ beautiful built-ins. Two main-level bedrooms sit next to a full guest bath, while the lower level includes an oversized egress bedroom, laundry area & bonus room. Access from the front foyer or back entry. The updated upstairs unit features a welcoming living space, two large storage areas, laundry off the kitchen, an oversized bedroom w/ walk-in closet, stylish 3/4 bath w/ tiled shower, & a perfectly designed kitchen w/ dining space plus brand-new HVAC. Both units have current leases & extensive updates including fresh paint, new cabinets, counters, flooring, landscaping & more. Street parking in front or 1-car garage via alley. Photos taken prior to tenancy.

1014 W Spofford Ave, Spokane

$495,000
202613495 MLS
Ash Apartments is a well-located 7-unit value-add apartment community in Spokane’s West Central neighborhood, offering immediate cash flow with a clear path to enhanced long-term returns through light interior upgrades and operational improvements. The property consists of two charming buildings and has benefited from nearly $115,000 in recent capital improvements including new electrical service and panels, upgraded windows, new siding and exterior paint, interior paint, LVP flooring, and a new furnace, significantly reducing near-term capital needs. The asset is ideally positioned for continued income growth through updated interiors and refreshed common areas, and its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports strong and durable rental demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

1704 N Ash St, Spokane

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