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$975,000
202616848 MLS
An exceptional investment opportunity just blocks from Gonzaga University. This student rental property includes two attached homes with strong rental history and leases secured for the 2026–2027 school year, generating $6,490/month in gross income. The front home is a character-filled 1899 Craftsman offering 5 bedrooms and 2 bathrooms. Attached behind, the newer 2006-built residence features 7 bedrooms and 2 bathrooms designed for high-demand student living. The property also includes a 3-car garage, off-street parking, and a highly walkable location near campus. A rare chance to own a turnkey income-producing property in one of Spokane’s most consistent rental corridors.

303 E Augusta Ave, Spokane
$399,900
202616744 MLS
Gonzaga area rental house ready for GU parents and investors alike! This 5 bedroom, 2 bath home has been rented to Zag students for the past 21 years with zero vacancy. Vinyl siding, vinyl windows, gas furnace, central a/c, new flooring and new interior paint. Main floor laundry/mud room off back door. Fenced backyard and ample paved parking in front and back. Just a few short blocks from campus. Tenants pay ALL utilities including W/S/G. Leased through May of 2027 for $2875/mo. Home is occupied and virtually staged for photos.

11 E Sinto Ave, Spokane
$435,000
202616490 MLS
Great investment opportunity just 10 minutes from Spokane Community College! This well-maintained 4-unit property features a desirable unit mix of one 2 bed/1 bath and three 1 bed/1 bath apartments. Unit 1 includes convenient in-unit laundry, while an on-site storage unit offers additional income potential. Residents enjoy easy access to grocery stores, restaurants, and major bus lines—making this a consistently attractive rental. Don’t miss your chance to own this solid multifamily property!

3018 E Olympic Ave, Spokane
$539,000
202615914 MLS
Looking for a great cash flowing property? Look no further!! This six unit complex includes on 3 bed 1 bath, two 2 bed 1 bath, two 1 bed 1 bath and one studio unit!! Lots of upside, but great as is. Attached garage, nice yard and great area for rental. Don't miss your opportunity to get a great investment property!!

802 E Baldwin 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
$995,000
202615830 MLS
8-unit investment opportunity in the highly desirable Browne’s Addition neighborhood. Property features a strong unit mix of four 1-bed and four 2-bed units, totaling approximately 5,397 SF on a 5,350 SF lot. Built in 1939, this asset offers consistent rental demand in a prime location near downtown Spokane, dining, shopping, and transit. Amenities include on-site laundry and six garages, enhancing tenant appeal. Excellent value-add and long-term hold potential.

104 S Oak St, Spokane
$499,500
202615691 MLS
$3,775/month in current gross rents. This fully occupied Shiloh Hills duplex features a 4BD/2BA unit at $1,925/month and a 2BD/1BA unit at $1,850/month — both tenants in place. Brand new roof, 3,456 sq ft total, unfinished basement on the 2BD side ready for expansion, 2 covered carport spots, fenced yard, and dedicated storage on an 8,400 sq ft lot. Strong cash flow, no major capex surprises, and value-add upside still on the table.

7018 / 7020 N Wiscomb St, Spokane
$1,250,000
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
$449,900
202615224 MLS
Fantastic Rental Opportunity! Completely renovated! This triplex was completely overhauled with upgrades to the plumbing, electrical, roof and siding. Each unit has modern finishes including durable laminate plank flooring, white kitchen cabinetry, quartz countertops and stainless appliances. Bathrooms were also fully refreshed with new fixtures, updated showers, vanities, and faucets. Each unit has its own washer/dryer for added convenience. The property is fully fenced and has a private parking area with dedicated space for each unit as well as room for guest parking. Ideally situated near Gonzaga University, shopping and restaurants, making this a desirable location for tenants.

218 E Baldwin 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
$437,900
202615119 MLS
Hard to find purpose built upper south hill duplex close to shopping, bus line, & schools. Front unit (3142) is currently vacant and easy to show. Ideal for owner occupant as this unit includes the 2 car attached garage. Both units are 2 bedroom 1bath with laundry hookups, informal dining space and private patio areas. Rear unit (3144) is currently leased through September 2026 and has full access to large patio and back yard. Tenants provide their own washer & dryer.

3142 E 31st Ave, 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
$669,000
202614879 MLS
South Hill Fourplex on nearly half an acre. Potential to parcel and develop portion of land to the west. All units are separately metered with updated service. This property has opportunity for additional income and value. Finished space that may convert to a fifth unit in the main home. The property and grounds are private and centrally located. Four well kept units with updates to kitchens and baths are ready to rent. Don't miss an opportunity to have a rental complex and a lot to build your next investment property right next door. All rents are projected by Manito Property Management.

1023 W 6th Ave, Spokane
$1,050,000
202614878 MLS
Historic 6 unit building in the heart of Spokane's South Hill. Investors don't miss this opportunity to purchase a well maintained multi family in the heart of Spokane's South Hill. This buildings convenient local to bus routes, groceries, restaurants, and hospitals - making it an ideal location to attract long term tenants. Looking for cash flow and low capital improvements? Look no further. Currently the property is fully occupied.

928 W 7th Ave, Spokane
$349,950
202614613 MLS
Excellent investment opportunity in Spokane! Well-maintained brick duplex featuring two 2-bed / 1 bath units with functional layouts and strong rental demand. Kitchens include appliances, and both units offer gas forced heat. Value-add opportunity with full unfinished basements—ideal for adding bedrooms, bathrooms, or expanding living space to increase rents and overall return. Convenient location near shopping, dining, and major roadways, making it highly attractive to tenants. A solid option for investors seeking immediate income.

1315 E Bridgeport 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
$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. Upstairs has current lease . Lower unit/ baswment is vacant. 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
$675,000
202613414 MLS
Great opportunity to own a well-maintained 4-plex just minutes from downtown and everyday amenities including shopping, dining, and public transportation. This income-producing property features convenient garage parking, a shared laundry room, and a desirable location that continues to attract reliable tenants. All four units are currently occupied, providing immediate rental income for the next owner. Ideal for investors seeking a stable, turn-key multifamily property in a high-demand area.

1917 W 7th Ave, Spokane
$675,000
202613413 MLS
Solid income-producing 4-plex located just minutes from downtown, shopping, restaurants, and everyday amenities. Property features garage parking, secure access to the units, shared on-site laundry, and a private balcony for each unit, providing comfort and convenience for tenants. All units are currently occupied, offering immediate rental income and a great opportunity for investors seeking a stable multifamily asset in a desirable location.

1923 W 7th Ave, Spokane
$857,300
202613140 MLS
Built in 2023, this modern duplex in the highly sought-after Mead School District with each unit offering 3 bedrooms, 3 bathrooms, over 1,700 sq ft of living space, and a 2-car garage. The home features an open-concept floor plan with spacious rooms, 9-foot ceilings on every level, and high-end finishes throughout. Enjoy durable LVP flooring, quartz countertops, under-mount sinks, and quality cabinetry with soft-close drawers. The kitchen also features a large pantry for additional storage. The spacious primary suite includes a full bathroom and two walk-in closets. Large windows throughout the home provide abundant natural light in every bedroom and living space. Conveniently located near shopping, restaurants, parks, and everyday amenities. A fantastic opportunity for investors looking to add a newer construction property to their rental portfolio or for buyers looking for the perfect house-hack opportunity.

12809 N Jaydee Ln, Spokane
$725,000
202612674 MLS
Excellent investment opportunity in Spokane’s highly desirable Browne’s Addition neighborhood. This two-story multifamily property comprises five 1 bed, 1 bath units, each offering strong rental appeal in one of the city’s most established and walkable areas. Each unit blends historic character with functional layouts, including original hardwood floors, abundant natural light, and decorative fireplaces in select units. Full-size kitchens and well-maintained bathrooms with tub/shower combinations provide practical, comfortable living spaces for tenants. The property offers consistent demand due to its proximity to parks, dining, medical facilities, and downtown Spokane. Ideal for investors seeking stable cash flow in a proven rental submarket.

1824 W 2nd Ave, Spokane
$1,100,000
202612173 MLS
Spokane Investment Opportunity - 9-unit studio apartment building plus a separate 1-bedroom, 1-bath single-family residence, situated on a single parcel, in a centrally located Spokane neighborhood near downtown. Each unit is designed for low-maintenance living and strong tenant appeal. Convenient access to downtown, shopping, dining, and public transportation enhances long-term rental demand and overall investment stability.

5012 N Regal St, Spokane
$399,000
202611661 MLS
Seller offering a $10,000 credit on this North Spokane duplex! It offers a functional layout with open living spaces, in-unit laundry, and a strong rental history. Each unit includes a fenced front yard, and carport at the back to provide secure, convenient off-street parking.

1102-1104 E North Ave, Spokane
$445,000
202611660 MLS
Investment Opportunity – Duplex in Desirable Spokane Valley This 2-level plus basement duplex features mirrored layouts on both sides. Each unit offers 2 bedrooms with a full bath upstairs, a main level with living room, kitchen, dining nook, and a deck off the kitchen. The basement includes 1 bedroom, a laundry area with toilet, with potential to add a sink or shower. The property also includes a large backyard and ample front parking. Seller offering $7,500 credit.

14010-14012 E Broadway Ave, Spokane
$639,000
202611094 MLS
Here is your opportunity to own your home while generating rental income with this well-maintained duplex near Whitworth University! Live comfortably in one spacious 4-bedroom, 2-bath unit and rent the second unit. Or make this a multi-generation living space! Each side features an attached garage, ample off-street parking, newer vinyl plank flooring, upgraded appliances, gas heat, and central air. Recent improvements include fresh exterior paint, a French drain system, and new backyard access decking leading to a large, private backyard shaded by mature trees. The functional floor plan offers a spacious living room, kitchen with generous informal dining, and a full walk-out basement, providing plenty of room to spread out. Located just minutes from Whitworth University, shopping, restaurants, and everyday conveniences, this is an excellent opportunity to build equity, reduce your monthly housing costs, or add a quality investment to your portfolio.

11218-11220 N Waikiki Rd, Spokane

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