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Investment - Homes for Sale in Spokane, WA

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  • /45

    $270,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 918 Sq Ft

    6204 N Morton St, Spokane, WA 99208

    Welcome to this beautifully remodeled 3 bedroom home that is truly move-in-READY!!!! Every detail has been thoughtfully refreshed with modern style! Enjoy a bright, inviting interior with tasteful finishes, creating a warm and welcoming atmosphere! Quality two-tone kitchen with Quartz countertops and stainless steel appliances! Step outside to a brand new fully fenced yard, providing privacy and

    Agent Photo

    Yelena Lepekhin

    CENTURY 21 Beutler & Associates

    6204 N Morton St, Spokane, WA 99208
  • /8

    $145,000

    • Land
    • 6,098 Sq Ft
    • $1,035,714 per Acre

    13XX W Dalke Ave, Spokane, WA 99205

    Opportunity meets vision in the heart of Spokane with this flat and build-ready parcel offering incredible potential for your next project. With water available at the street and sewer conveniently located in the rear alley, the groundwork is set for a smooth development process. Zoned R1 and qualifying for the Multi Family Tax Exemption Program, this property allows for up to four units,

    Agent Photo

    Cambria Henry

    Haven Real Estate Group

    13XX W Dalke Ave, Spokane, WA 99205
  • /25

    $365,000

    • 6 Beds
    • 2 Baths
    • 2,084 Sq Ft

    1808 W Augusta Ave, Spokane, WA 99205

    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

    Agent Photo

    Cody Fenske

    eXp Realty, LLC

    1808 W Augusta Ave, Spokane, WA 99205
  • /34

    $455,000

    • 2 Beds
    • 1 Bath
    • 1,357 Sq Ft

    3814 W 41st Ave, Spokane, WA 99224

    Two legal parcels, two insulated shops, and 1.68 acres just minutes from downtown Spokane and the South Hill! This beautifully maintained single-level home offers 2 generous sized bedrooms and 1 bathroom with thoughtful updates throughout, including four ductless mini-splits for efficient year-round comfort, a new wood stove, updated kitchen appliances, a recently painted exterior, and a

    Agent Photo

    Cambria Henry

    Haven Real Estate Group

    3814 W 41st Ave, Spokane, WA 99224
  • /6

    $5,500,000

    • Land
    • 22.6 Acres
    • $243,363 per Acre

    34XX W Thorpe Rd, Spokane, WA 99224

    RARE INVESTMENT OPPORTUNITY WITHIN CITY LIMITS! Developers, investors and builders do not miss this exceptional 22+ acre parcel offering privacy, mature trees and stunning territorial views. Ideally situated between I-90 and Highway 195, this prime location provides convenient access to Spokane International Airport, EWU, downtown Spokane, and countless nearby amenities. A truly unique

    Agent Photo

    Gregg Patterson

    Amplify Real Estate Services

    34XX W Thorpe Rd, Spokane, WA 99224
  • /24

    $369,500

    • 6 Beds
    • 1.5 Baths
    • 2,174 Sq Ft

    2823 W Sharp Ave, Spokane, WA 99201

    Welcome home to this spacious and inviting 6-bedroom, 2-bathroom residence in the heart of Spokane! Thoughtfully maintained, this property offers the perfect blend of comfort, flexibility, and value—ideal for buyers seeking room to grow, host, or work from home. Generous living spaces and multiple bedrooms provide endless possibilities for families, multi-generational living, or home office

    Agent Photo

    Cody Fenske

    eXp Realty, LLC

    2823 W Sharp Ave, Spokane, WA 99201
  • /36

    $335,000

    $15K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,152 Sq Ft

    3103 W 13th Ct Unit 3105 W 13th Ct, Spokane, WA 99224

    Simple, convenient living near all Spokane has to offer. This well-located duplex offers an excellent investment opportunity with a proven history of easy rentability. Each unit features a 1-bed, 1-bath layout with approximately 550 sq ft of efficient living space, plus convenient off-street parking for tenants. Located just off the I90 corridor with the Spokane International Airport right around

    Agent Photo

    Farrah Kaufman

    Realty One Group Eclipse

    3103 W 13th Ct Unit 3105 W 13th Ct, Spokane, WA 99224
  • /43

    $325,000

    • 3 Beds
    • 1 Bath
    • 1,452 Sq Ft

    1816 W Indiana Ave Unit 1814 W Indiana, Spokane, WA 99205

    Located in the heart of Spokane, this classic early-1900s home is packed with opportunity for the right buyer. Whether you’re an investor, flipper, landlord, or handy homeowner looking to build sweat equity, 1816 W. Indiana Ave. offers solid potential with several major updates already completed. Recent improvements include a newer roof, 10 new windows, a new furnace, new hot water heater, and

    Agent Photo

    Tessa Migrala

    First Look Real Estate

    1816 W Indiana Ave Unit 1814 W Indiana, Spokane, WA 99205
  • /27

    $374,500

    • 7 Beds
    • 2 Baths
    • 3,406 Sq Ft

    4722 N Regal St, Spokane, WA 99217

    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

    Agent Photo

    Cody Fenske

    eXp Realty, LLC

    4722 N Regal St, Spokane, WA 99217
  • /49

    $399,999

    Open Sat 10:30AM - 12:30PM $50K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 2,294 Sq Ft

    942 E Baldwin Ave, Spokane, WA 99207

    Updated in 2023 and located near Gonzaga University (15 min walk) & just mins from Downtown Spokane, this beautifully refreshed home offers space, style, & versatility. Step inside to an open-concept living area designed for entertaining, granite countertops, a large kitchen island, & high-end appliances that make the kitchen the true centerpiece of the home. The main level offers 2 BR & a fully

    Todd Bunger Realty One Group Eclipse

    942 E Baldwin Ave, Spokane, WA 99207
  • /19

    $259,000

    • Land
    • 20 Acres
    • $12,950 per Acre

    Nka N Moose Drool Ln, Spokane, WA 99208

    Discover this remarkable 20+ acres of secluded forested land in Deer Park, Washington, featuring a special timber land tax designation nestled in the Mead School District with power and natural gas installed. This expansive property offers breathtaking 270-degree territorial views of the surrounding countryside, creating the perfect setting for your dream home or retreat. Trees provides a serene

    Brian Zapotocky Windermere Manito, LLC

    Nka N Moose Drool Ln, Spokane, WA 99208
  • /7

    $174,900

    • Land
    • 10 Acres
    • $17,490 per Acre

    15408 W Deno Rd, Spokane, WA 99224

    Unlock the potential of this rare large-acreage opportunity in the heart of Spokane County’s fastest-growing corridor — the perfect blend of space, flexibility, and investment value. Whether you’re an investor, developer, or someone dreaming of a rural retreat, this property offers endless possibilities. With parcels ranging from 10 to 15 acres, you can create your own vision — residential,

    Ben Baker Land and More Land

    15408 W Deno Rd, Spokane, WA 99224
  • /28

    $270,000

    • 2 Beds
    • 1 Bath
    • 1,584 Sq Ft

    544 E Nebraska Ave, Spokane, WA 99208

    Darling, move-in ready bungalow in a fantastic location! Just a short walk to Trader Joe's, shopping, restaurants, and situated on a bus line for added convenience. This charming home features fresh interior paint, new flooring, central A/C, and a newer roof for peace of mind. The covered back patio, completed just five years ago, creates the perfect space to relax or entertain year-round. The

    Michelle Becker Windermere North

    544 E Nebraska Ave, Spokane, WA 99208
  • /13

    $54,500

    $11K PRICE DROP
    • Land
    • 5,227 Sq Ft
    • $454,167 per Acre

    10XX S Azalea Dr, Spokane, WA 99224

    Wood Sunset Hills lot with water, power and sewer in the road. Secluded yet 4 minutes to downtown Spokane, drive your golf cart to Indian Canyon Golf Course for a round of golf or sit on the outdoor patio for dinner and drinks. Perfect spot to build your dream home or by both lots and build a couple of investment properties.

    Shane Delaney Coldwell Banker Tomlinson

    10XX S Azalea Dr, Spokane, WA 99224
  • /23

    $300,000

    • Land
    • 32,670 Sq Ft
    • $400,000 per Acre

    Lot 5 Rd, Spokane, WA 99224

    INVESTMENT OPPORTUNITY! Buy 1 lot Or buy as many as you want (8 lots available see each separate listing). These lots are currently zoned Light Industrial which allows for many opportunities but come 2025/2026 is slated for Spokanes Low Density Residential which will give you tons of opportunity for equity! A paved road will be put in at the front of the parcel numbers and all properties will

    Robert Bond The Experience Northwest

    Lot 5 Rd, Spokane, WA 99224
  • /13

    $229,000

    $21K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 861 Sq Ft

    2009 W Mansfield Ave, Spokane, WA 99205

    Welcome to this beautifully updated 2-bedroom, 1-bath home offering stylish and efficient living. Inside, you’ll find a fresh, modern feel with new flooring and updated paint, and a thoughtfully refreshed kitchen and living area that makes the space feel both comfortable and move-in ready. The functional layout maximizes every square foot, creating a bright and inviting home that lives larger

    Elizabeth Beard eXp Realty, LLC

    2009 W Mansfield Ave, Spokane, WA 99205
  • /21

    $325,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft

    864 S Sherman St Unit 876, Spokane, WA 99202

    GREAT INVESTMENT OPPORTUNITY: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants.

    Rich King Keller Williams Spokane - Main

    864 S Sherman St Unit 876, Spokane, WA 99202
  • /24

    $395,000

    • 5 Beds
    • 9 Baths

    3011 E Queen Ave, Spokane, WA 99217

    Exceptional opportunity for organizations seeking supportive, transitional, workforce, recovery, or community-style housing. This versatile 8-unit (11 room) property features a flexible mix of housing options, incl. a private 2-bedroom, 1-bath apartment, a separate 1-bedroom, 1-bath apartment, SRO-style private bedrooms with shared bathroom facilities, and addtl storage with potential for future

    Kim Vinson Extant Realty

    3011 E Queen Ave, Spokane, WA 99217
  • /23

    $1,250,000

    • 12 Beds
    • 8 Baths
    • 5,846 Sq Ft

    2001 W 7th Ave, Spokane, WA 99204

    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

    Jessica Rafter Rafter Realty, LLC

    2001 W 7th Ave, Spokane, WA 99204
  • /21

    $350,000

    • 10 Beds
    • 2 Baths
    • 3,123 Sq Ft

    1648 E Rowan Ave, Spokane, WA 99207

    Opportunity awaits with this spacious 3,000+ sq. ft. home offering incredible potential! Featuring 10 bedrooms and 2 bathrooms, this property provides exceptional flexibility for a variety of living arrangements or investment possibilities. Situated on nearly a half-acre lot, there may be potential for future subdivision. Conveniently located on a bus route, close to Whitman Elementary, and just

    Austin Schott Choice Realty

    1648 E Rowan Ave, Spokane, WA 99207
  • /19

    $450,000

    • 3 Beds
    • 1 Bath
    • 1,007 Sq Ft

    6015 N Monroe St, Spokane, WA 99205

    Exceptional investment and development opportunity! This unique property includes two separately subdivided lots, each with its own address, offering flexibility and future potential rarely found in today’s market. The existing home provides comfortable living space while creating opportunities for rental income, redevelopment, or expansion. Zoned to allow duplex development, this double-lot sale

    Marlene Esquivel Amplify Real Estate Services

    6015 N Monroe St, Spokane, WA 99205
  • /11

    $58,500

    $17K PRICE DROP
    • Land
    • 12,196 Sq Ft
    • $208,929 per Acre

    7612 N Cedar Rd, Spokane, WA 99208

    Don’t miss this incredible opportunity to own a piece of paradise on Spokane’s desirable Five Mile Prairie! This generously sized vacant lot offers sweeping panoramic views that stretch across the valley and beyond – perfect for your dream home or next investment. Nestled in a quiet, established neighborhood with top-rated schools and quick access to amenities, this lot combines peaceful living

    Shane Bangle Keller Williams Spokane - Main

    7612 N Cedar Rd, Spokane, WA 99208
  • /23

    $300,000

    • Land
    • 32,670 Sq Ft
    • $400,000 per Acre

    Lot 1 Rd, Spokane, WA 99224

    INVESTMENT OPPORTUNITY! Buy 1 lot Or buy as many as you want (8 lots available see each separate listing). These lots are currently zoned Light Industrial which allows for many opportunities but come 2025/2026 is slated for Spokanes Low Density Residential which will give you tons of opportunity for equity! A paved road will be put in at the front of the parcel numbers and all properties will

    Robert Bond The Experience Northwest

    Lot 1 Rd, Spokane, WA 99224
  • /30

    $270,000

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,076 Sq Ft

    1418 E Pacific Ave, Spokane, WA 99202

    This beautifully remodeled 3-bedroom, 1-bath home in Spokane’s desirable Union District seamlessly combines timeless character with modern updates. Featuring 1,076 sq ft of thoughtfully designed main-floor living space, every detail has been carefully refreshed for comfort and style. Enjoy a prime walkable location just steps from parks, coffee shops, restaurants, breweries, and local shopping.

    Ryan Towner LT Real Estate

    1418 E Pacific Ave, Spokane, WA 99202
  • /18

    $620,000

    $20K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,436 Sq Ft

    817 E Sinto Ave, Spokane, WA 99202

    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 away 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

    Derek Raivio LT Real Estate

    817 E Sinto Ave, Spokane, WA 99202
  • /32

    $395,000

    $30K PRICE DROP
    • 6 Beds
    • 2 Baths
    • 2,053 Sq Ft

    1307 E Mission Ave, Spokane, WA 99202

    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

    Holly Stockton eXp Realty, LLC

    1307 E Mission Ave, Spokane, WA 99202
  • /39

    $510,000

    • 3 Beds
    • 3 Baths

    1817 W 8th Ave, Spokane, WA 99204

    In the heart of Spokane’s coveted Lower South Hill, this early 1900s triplex blends historic character with modern convenience. Pride in ownership shows and long term tenants bring exceptional investment opportunity. Well maintained units- One 2 bed, 1 bath, One 1 bed, 1 bath & One Studio. This house-like atmosphere is rare in multi unit living with grassy backyard and garden beds. 5+ parking

    Amy Parrish RE/MAX of Spokane

    1817 W 8th Ave, Spokane, WA 99204
  • /39

    $350,000

    $10K PRICE DROP
    • 5 Beds
    • 2 Baths
    • 2,720 Sq Ft

    1024 E Wellesley Ave, Spokane, WA 99207

    Welcome to this spacious and beautifully updated home in the heart of Spokane! Offering 5 bedrooms & 2 bonus rooms, 2 bathrooms, and over 3,300 square feet, this property provides endless possibilities for multi-generational living, rental income potential, or simply extra room to spread out and enjoy. Inside, you’ll find a bright and functional layout with generous living spaces, updated

    Jessica Clark Windermere City Group

    1024 E Wellesley Ave, Spokane, WA 99207
  • /19

    $640,000

    • 6 Beds
    • 4 Baths

    308 S Woodlawn Ln, Spokane, WA 99216

    Welcome to this modern 2023-built duplex offering a rare opportunity for multi-generational living or smart investment in Spokane Valley. With a combined 2,910 sq ft, this turnkey property features two identical units, each with 3 bedrooms, 2.5 bathrooms, an open-concept main level, luxury vinyl plank flooring, stainless steel appliances, in-unit laundry, and an attached garage. Live in one side

    Zac Scott Avalon 24 Real Estate

    308 S Woodlawn Ln, Spokane, WA 99216
  • /15

    $99,900

    • Land
    • 4,356 Sq Ft
    • $999,000 per Acre

    327 E 11 Ave, Spokane, WA 99203

    Opportunity! Don't miss this exceptional opportunity to own a prime vacant lot in Spokane's highly sought-after South Hill neighborhood! Ideally located near shopping, restaurants, schools, historic parks, and Sacred Heart Medical Center, this property offers both convenience and outstanding investment potential. Water and sewer are available at the street, and the lot has been thoughtfully

    Lindsay Hood RE/MAX Citibrokers

    327 E 11 Ave, Spokane, WA 99203
  • /16

    $105,000

    • Land
    • 10,454 Sq Ft
    • $437,500 per Acre

    9406 N Phoebe Dr, Spokane, WA 99208

    Prime Building Location! Bring your own builder and design the home you’ve always wanted on this nearly quarter-acre oversized lot, perfectly situated in a desirable neighborhood. Surrounded by high-end custom homes, this lot provides the ideal setting for your next residence or investment. Enjoy the peace and space while remaining just minutes from all the amenities of Indian Trail.

    Evan Cofer REAL Broker LLC

    9406 N Phoebe Dr, Spokane, WA 99208
  • /8

    $925,000

    $325K PRICE DROP
    • 10 Beds
    • 7 Baths
    • 4,984 Sq Ft

    1424 W 10th Ave, Spokane, WA 99204

    This well-maintained 8-unit apartment building offers a mix of five one-bedroom units and three two-bedroom units. Ideally located near Maple Street freeway access and within walking distance to local restaurants, shopping, and parks, the property combines convenience with classic charm. Updated units feature high ceilings, large windows, and elegant hardwood floors, creating bright, airy living

    Ryan Towner LT Real Estate

    1424 W 10th Ave, Spokane, WA 99204
  • /41

    $529,000

    • 5 Beds
    • 5 Baths
    • 4,535 Sq Ft

    1621 W 9th Ave Unit A, Spokane, WA 99204

    This well-maintained South Hill 5-plex offers timeless charm and a solid rental history. The main residence contains four units, complemented by a detached cottage in the backyard serving as the fifth unit. Each unit is separately metered for electricity. The basement provides individual storage areas for tenants along with a shared laundry facility. Owned by the same family for many years, the

    Danny Pontius RE/MAX Citibrokers

    1621 W 9th Ave Unit A, Spokane, WA 99204
  • /20

    $1,790,000

    • 19 Beds
    • 10 Baths
    • 7,950 Sq Ft

    6511 N Atlantic St, Spokane, WA 99208

    Incredible opportunity to acquire this 10-unit apartment located across the retail plaza of N Division and Francis, near NorthTown Mall & city amenities. This 7,950 sq/ft building is situated on a 150'x128' lot and features 10 units across two levels, plus covered parking and a front yard with sprinkler system. Nine units are 750 sq/ft 2 bed/1 bath, and one is 550 sq/ft 1 bed/1 bath. All ten

    Nick Grishko Kelly Right Real Estate of Spokane

    6511 N Atlantic St, Spokane, WA 99208
  • /7

    $2,800,000

    • Land
    • 36.11 Acres
    • $77,541 per Acre

    57xx S Thomas Mallen Rd, Spokane, WA 99224

    Prime Development Opportunity – Spokane County Rare opportunity to acquire five vacant parcels in Spokane County with excellent development flexibility. The property offers potential for residential or light industrial use and supports up to 119 residential build sites. A completed wetlands study significantly reduces entitlement risk and accelerates development timelines. Ideally located with

    Jeff Thomas Amplify Real Estate Services

    57xx S Thomas Mallen Rd, Spokane, WA 99224
  • /31

    $389,900

    $25K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 2,112 Sq Ft

    312 E Baldwin Ave, Spokane, WA 99207

    Fantastic investment opportunity! Three separate spacious units in a 1 1/2 story home in the Gonzaga University District. Storage shed with designated space for each unit! Good rental history and income potential. It's central location is near bus routes and just minutes away from Down Town! Don't miss out on this one!

    Eric Rogers Realty One Group Eclipse

    312 E Baldwin Ave, Spokane, WA 99207
  • /32

    $365,000

    • 3 Beds
    • 2 Baths
    • 1,748 Sq Ft

    1202 W Sinto Ave, Spokane, WA 99201

    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

    Dave Reynolds Source Real Estate

    1202 W Sinto Ave, Spokane, WA 99201
  • /24

    $199,000

    $21K PRICE DROP
    • 1 Bed
    • 1 Bath
    • 582 Sq Ft

    215 S Chestnut St, Spokane, WA 99201

    Live in the heart of Browne’s Addition with Coeur d’Alene Park as your front yard! This charming second-floor condo offers 582 square feet of efficient, light-filled living with 1 bedroom, 1 bathroom, and a private balcony overlooking the park where the popular farmers market and summer concert series bring the neighborhood to life. Enjoy an affordable monthly HOA of just $261, covering water,

    Patricia O'Callaghan CENTURY 21 Beutler & Associates

    215 S Chestnut St, Spokane, WA 99201
  • /23

    $300,000

    • Land
    • 32,670 Sq Ft
    • $400,000 per Acre

    LOT W 3rd Ave, Spokane, WA 99224

    INVESTMENT OPPORTUNITY! Buy 1 lot Or buy as many as you want (8 lots available see each separate listing). These lots are currently zoned Light Industrial which allows for many opportunities but come 2025/2026 is slated for Spokanes Low Density Residential which will give you tons of opportunity for equity! A paved road will be put in at the front of the parcel numbers and all properties will

    Robert Bond The Experience Northwest

    LOT W 3rd Ave, Spokane, WA 99224
  • /14

    $910,000

    • 14 Beds
    • 7 Baths
    • 5,760 Sq Ft

    3123 E Carlisle Ave, Spokane, WA 99207

    3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is

    Peter Clark The Paragon Group

    3123 E Carlisle Ave, Spokane, WA 99207

Showing Results 1 - 40, Page 1 of 5

Home Price Trends

Median Sale Price
$400,000
Median Single Family Sale Price
$414,995
Median Townhouse Sale Price
$374,900
Median 2 Bedroom Sale Price
$270,000
Median 1 Bedroom Sale Price
$199,450
Average Price Per Sq Ft
$221
Number of Homes for Sale
1,159
Last 12 months Home Sales
3,828
Months of Supply
3.60
Median List Price
$419,950
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
0%
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