Investment - Homes for Sale in Spokane, WA

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  /9

  $1,385,000

  • 8 Beds
  • 8 Baths
  • 5,280 Sq Ft

  943 E Augusta Ave, Spokane, WA 99207

  8-unit multifamily property, fully occupied under a master lease with VOA. This solid investment features eight one-bedroom, one-bath units. The property generates $10,512 in monthly rental income. Whether you’re expanding your portfolio or entering the market, this property is positioned for long-term success.

  Dallas Lightner LT Real Estate

  943 E Augusta Ave, Spokane, WA 99207
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• 

  

  

  /4

  $365,000

  • Land
  • 0.35 Acre
  • $1,042,857 per Acre

  1403 E 2nd Ave, Spokane, WA 99202

  Four contiguous parcels zoned for multi-family development. The site is flat, with utilities already on-site, reducing development complexity and cost. Located in a designated Opportunity Zone, the property qualifies for valuable incentives including potential QOZ benefits, multi-family tax exemptions, and low-income housing tax credits. This is a strong investment opportunity for developers

  Dallas Lightner LT Real Estate

  1403 E 2nd Ave, Spokane, WA 99202
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  /25

  $360,000

  • 6 Beds
  • 2 Baths
  • 2,228 Sq Ft

  1804 W Augusta Ave, Spokane, WA 99205

  6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $3,825.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas

  Brendan Hollenbaugh Amplify Real Estate Services

  1804 W Augusta Ave, Spokane, WA 99205
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  /9

  $125,000

  • Land
  • 0.11 Acre
  • $1,136,364 per Acre

  5826 N Madison St, Spokane, WA 99205

  Prime opportunity to own a centrally located lot with an existing garage structure that is ideal for your next build or investment project. This level parcel sits on a street in North Spokane and offers convenient alley access, utilities nearby, and flexible potential for a custom home or duplex, depending on zoning. Buyer to verify zoning and building options with the City of Spokane. The

  Lisa Tawney Amplify Real Estate Services

  5826 N Madison St, Spokane, WA 99205
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  /2

  $185,000

  • Land
  • 14.08 Acres
  • $13,139 per Acre

  79XX W Mary Lee Ln, Spokane, WA 99208

  Embrace the beauty of the Pacific Northwest with this expansive 14.08-acre lot located in the serene surroundings of North Spokane. This property offers breathtaking, unobstructed mountain views and is the perfect blank canvas for your dream home or investment. Enjoy the tranquility of rural living with the convenience of being just a short drive from Spokane’s amenities. Whether you're looking

  Bernadette Pillar Bernadette Pillar Real Estate

  79XX W Mary Lee Ln, Spokane, WA 99208
• 

  

  /31

  $329,000

  • 3 Beds
  • 3 Baths
  • 2,228 Sq Ft

  2507 W Gardner Ave, Spokane, WA 99201

  Prime investment opportunity not far from Kendall yards! Separately metered up/down Duplex in an area with tremendous upside close to Summit Blvd, Centennial Trail and the ever expanding & improving Kendall yards neighborhood. Two bedrooms and two baths on the main level with spacious living and dining areas. Upstairs has a bedroom plus separate family room. As well as new carpet and paint

  Jesse Allen Keller Williams Spokane - Main

  2507 W Gardner Ave, Spokane, WA 99201
• 

  

  /6

  $99,500

  • Land
  • 0.18 Acre
  • $552,778 per Acre

  9027 E Princeton Ln, Spokane, WA 99212

  This lot is located at the end of a dead end street. Water, gas, power, cable and phone at the property line. Close to stores, schools, shopping, Centennial Trail. This could be the spot for you. Low HOA dues. Buyer will be responsible to confirm utilities and any restrictions. Great investment property.

  Nick Grishko Kelly Right Real Estate of Spokane

  9027 E Princeton Ln, Spokane, WA 99212
• 

  

  /23

  $475,000

  • 5 Beds
  • 4 Baths
  • 2,632 Sq Ft

  2022 W College Ave, Spokane, WA 99201

  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

  Billy Deese Deese Real Estate

  2022 W College Ave, Spokane, WA 99201
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  /5

  $2,500,000

  • 24 Beds
  • 24 Baths
  • 10,464 Sq Ft

  815 E Sharp Ave, Spokane, WA 99202

  Six-unit multi-family property built in 2015, located within walking distance of Gonzaga University. Each unit features 4 bedrooms and 4.5 bathrooms. The property includes central heating and off-street parking. Conveniently situated near restaurants, shopping, and parks, this well-maintained complex generates approximately $15,600 in monthly rental income. Excellent opportunity for a stable,

  Dallas Lightner LT Real Estate

  815 E Sharp Ave, Spokane, WA 99202
• 

  

  /15

  $450,000

  • 4 Beds
  • 2 Baths
  • 2,112 Sq Ft

  1132 W Gordon Ave Unit 1134 W Gordon Ave, Spokane, WA 99205

  Extremely low maintenance duplex and almost all new interior upgrades in 2023 are found in this well designed duplex located in northwest Spokane. Each unit features 2 bedrooms and 1.5 baths with new luxury vinyl plank flooring on the main levels, updated kitchens with all new appliances, remodeled bathrooms and each unit contains their own laundry. Each unit also has its own fireplace in the

  Lou Dunham John L Scott, Inc.

  1132 W Gordon Ave Unit 1134 W Gordon Ave, Spokane, WA 99205
• 

  

  /23

  $300,000

  • Land
  • 0.75 Acre
  • $400,000 per Acre

  LOT 4 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 4 Rd, Spokane, WA 99224
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  /7

  $40,000

  • Land
  • 0.15 Acre
  • $266,667 per Acre

  XXX W 25th Ave Unit Lot 1, Spokane, WA 99224

  Opportunity awaits in this popular area! This is two side-by-side .15-acre parcels for a total of .30 for both (also available separately) offering flexibility - purchase one for your home or secure both for added space or investment potential. With utilities available nearby and new construction communities rising all around, this is a prime chance to build in a growing area. The lots provide a

  Cindy Carrigan REAL Broker LLC

  XXX W 25th Ave Unit Lot 1, Spokane, WA 99224
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  /2

  $1,299,000

  • Land
  • 5.97 Acres
  • $217,588 per Acre

  2710 W Thorpe Rd, Spokane, WA 99224

  Positioned in a convenient location near I-90, this ~5.97-acre development site offers an exceptional opportunity to capitalize on Spokane’s growing demand for residential housing. The property includes 47 preliminarily platted townhome lots, zoned R-1 and ready for development. This site combines an efficient layout, established utility access in the vicinity, and a scenic hillside setting with

  Ryan Towner LT Real Estate

  2710 W Thorpe Rd, Spokane, WA 99224
• 

  

  /15

  $689,884

  • 2,832 Sq Ft

  2214 W Northwest Blvd, Spokane, WA 99205

  This income-producing 6-plex presents an enticing opportunity for investors seeking a stable asset. Fully rented and strategically located near shopping and dining options, each single-story unit offers 1 bedroom and 1 bathroom, catering to modern tenant preferences. The inclusion of laundry and storage facilities in the basement, along with off-street parking, enhances convenience and value for

  Lee Arnold Keller Williams Spokane - Main

  2214 W Northwest Blvd, Spokane, WA 99205
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  /11

  $243,900

  • 2 Beds
  • 1 Bath
  • 676 Sq Ft

  1024 E Queen Ave, Spokane, WA 99207

  Cozy one-level home in the heart of North Spokane, just moments from shops and everyday conveniences. This charming 2-bed, 1-bath bungalow makes an ideal starter home or investment property. Recent updates include a new 2025 gas furnace with AC, brand new dual washer/dryer combo unit, and fresh flooring. Inside, you'll find a welcoming living room, a tidy kitchen with space for a breakfast table,

  Alexis Larson RE/MAX SELECT ASSOCIATES

  1024 E Queen Ave, Spokane, WA 99207
• 

  

  /13

  $1,100,000

  • 9 Beds
  • 9 Baths
  • 5,259 Sq Ft

  411 E Sinto Ave, Spokane, WA 99202

  GONZAGA AREA INVESTMENT PROPERTY 1 BLOCK FROM CAMPUS/ 8 UNITS WITH 7 ONE BEDROOM ONE BATH UNITS AND 1 TWO BEDROOMS TWO BATH UNIT/ ON-SITE COIN-OP LAUNDRY/ UNITS ARE INDIVIDUALLY METERED FOR ELECTRICITY/ 8 OFF STREET PARKING SPACES/

  Jim Powers CENTURY 21 Beutler & Associates

  411 E Sinto Ave, Spokane, WA 99202
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  /28

  $495,000

  • 3 Beds
  • 3 Baths
  • 2,098 Sq Ft

  2217 W 5th Ave, Spokane, WA 99201

  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

  Danny Pontius RE/MAX Citibrokers

  2217 W 5th Ave, Spokane, WA 99201
• 

  

  /24

  $390,000

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

  1808 W Augusta Ave, Spokane, WA 99205

  6-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4300.00. An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common

  Brendan Hollenbaugh Amplify Real Estate Services

  1808 W Augusta Ave, Spokane, WA 99205
• 

  

  /23

  $300,000

  • Land
  • 0.74 Acre
  • $405,405 per Acre

  LOT U S Route 2, 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 U S Route 2, Spokane, WA 99224
• 

  

  /23

  $300,000

  • Land
  • 0.75 Acre
  • $400,000 per Acre

  Lot 8 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 8 Rd, Spokane, WA 99224
• 

  

  /31

  $249,900

  • 3 Beds
  • 1 Bath
  • 1,508 Sq Ft

  38 E Lacrosse Ave, Spokane, WA 99207

  Super cute bungalow with lots of character. This home is perfect for the first time buyer or as an investment. Fresh exterior paint. The main floor offers all of the expected features of the era: wood floors, solid wood doors, curved archways, crown molding, etc. The main floor has a cozy living room, two bedrooms, bath w/ Italian marble floors, and a spacious kitchen with an eating nook and an

  Chris Connelly Windermere North

  38 E Lacrosse Ave, Spokane, WA 99207
• 

  

  /7

  $40,000

  • Land
  • 0.15 Acre
  • $266,667 per Acre

  XXX W 25th Ave Unit Lot 2, Spokane, WA 99224

  Opportunity awaits in this popular area! This is two side-by-side .15-acre parcels for a total of .30 for both (also available separately) offering flexibility - purchase one for your home or secure both for added space or investment potential. With utilities available nearby and new construction communities rising all around, this is a prime chance to build in a growing area. The lots provide a

  Cindy Carrigan REAL Broker LLC

  XXX W 25th Ave Unit Lot 2, Spokane, WA 99224
• 

  

  /16

  $239,950

  • 4 Beds
  • 2 Baths
  • 1,614 Sq Ft

  1920 E 1st Ave, Spokane, WA 99202

  priced $20k under tax assessed value & over 100k under RealAV estimated market value . Old World charm from the 19th Century awaits your revival spirit to return to its lost glory in the East Central District. Get here fast and make your offer because the seller is spending & uprading until someone strikes a deal with him. Price may increase as improvements occur. Old growth wood, rounded corners

  Rodney Clure AgencyOne

  

  1920 E 1st Ave, Spokane, WA 99202
• 

  

  /34

  $365,000

  • 4 Beds
  • 1.5 Baths
  • 1,968 Sq Ft

  6505 N Victor St, Spokane, WA 99208

  Superb opportunity for owner occupy or as an investment/income property with this Estate Sale. Home has nearly 2000 sq ft of living with 4 bed 2 bath, 2- living/family rooms, 2-fireplaces, updated kitchen with newer flooring & appliances & large dining room off kitchen. Spacious main level living with 2- beds & bath, with an open floor plan to include a large primary bedroom. Main level also has

  Darryl Gardner Live Real Estate, LLC

  6505 N Victor St, Spokane, WA 99208
• 

  

  /19

  $640,000

  • 6 Beds
  • 6 Baths
  • 2,910 Sq Ft

  211 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

  211 S Woodlawn Ln, Spokane, WA 99216
• 

  

  /49

  $700,000

  • 8 Beds
  • 4 Baths
  • 4,264 Sq Ft

  9120 N Wall St Unit 9122, Spokane, WA 99218

  Discover this duplex located in the Whitworth area! One side is occupied while the other side is vacant, providing an excellent opportunity for owner occupancy or rental. This remodeled duplex is a great investment, with rental income potential of $2,500 per month. The property could also be converted back into a fourplex. Recent updates include fresh paint, new LVP flooring, refinished cabinets

  Dave Reynolds Source Real Estate

  9120 N Wall St Unit 9122, Spokane, WA 99218
• 

  

  /22

  $1,500,000

  • 20 Beds
  • 8 Baths
  • 6,160 Sq Ft

  820 E Nora Ave, Spokane, WA 99207

  Excellent investment opportunity near Gonzaga University. This four-unit property, built in 2015, features spacious 5 bedroom, 2.5 bathroom layouts in each unit. All units include central heating and in-unit laundry for tenant convenience. The property generates a strong rental income of $10,250 per month and offers consistent occupancy due to its prime location within walking distance of Gonzaga

  Dallas Lightner LT Real Estate

  820 E Nora Ave, Spokane, WA 99207
• 

  

  /28

  $375,000

  • 5 Beds
  • 2 Baths
  • 2,462 Sq Ft

  1114 N Elm St, Spokane, WA 99201

  Step into a beautifully remodeled, turn-of-the-century Spokane home that blends historic charm with modern convenience and flexible use. Located in a central downtown area, just north of the Spokane River, vibrant Kendall Yards, and the scenic Centennial Trail, you're perfectly positioned for city living. The compact lot frees you from exterior maintenance, while inside, you'll appreciate recent

  John Leland Upward Advisors

  1114 N Elm St, Spokane, WA 99201
• 

  

  /31

  $1,200,000

  • 16 Beds
  • 7 Baths

  2914 E Sinto Ave Unit 2918 & 2924 E Sinto,, Spokane, WA 99202

  This unique investment opportunity includes five income-producing properties, all zoned Light Industrial (LI), and must be sold together. The parcels consist of three single-family residences, one single-family home with an Additional Dwelling Unit (ADU), and one vacant lot. The parcel numbers are 35152.0507, 35152.0503, 35152.0502, 35152.0501, and 35152.0504. These properties offer versatility

  Kristi Kerkuta REAL Broker LLC

  2914 E Sinto Ave Unit 2918 & 2924 E Sinto,, Spokane, WA 99202
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  /41

  $550,000

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

  1621 W 9th Ave, 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, Spokane, WA 99204
• 

  

  /6

  $134,000

  • Land
  • 0.22 Acre
  • $609,091 per Acre

  1229 W Courtland Ave, Spokane, WA 99205

  Don’t miss this incredible chance to build in one of Spokane’s most convenient locations—just minutes from Downtown and the popular Garland and North Monroe Business District(s). This hillside lot, with 110 feet of road frontage, provides easy access to property; as well as full view of the city lights—even the city fireworks! A perfect opportunity to create your dream home, or investment

  Miki Peck Windermere Manito, LLC

  1229 W Courtland Ave, Spokane, WA 99205
• 

  

  /50

  $1,300,000

  • 3 Beds
  • 2 Baths
  • 1,526 Sq Ft

  5110 N Argonne Rd, Spokane, WA 99212

  A rare investment opportunity awaits! This property features a 3-bedroom, 1.5-bathroom home on 2.27 acres with a preliminary plat for 20 lots already approved. The potential for growth is immense. You can increase density with rezoning or even convert the property to commercial use. Keep the existing home or sell it to offset development costs. The on-site shop offers another chance to add units

  Brandon Marchand Keller Williams Spokane - Main

  5110 N Argonne Rd, Spokane, WA 99212
• 

  

  /27

  $400,000

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

  4722 N Regal St, Spokane, WA 99217

  7-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 7 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $5,000.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common

  Brendan Hollenbaugh Amplify Real Estate Services

  4722 N Regal St, Spokane, WA 99217
• 

  

  /26

  $250,000 Open Sat 10AM - 12PM

  • 2 Beds
  • 1 Bath
  • 798 Sq Ft

  2224 W Boone Ave, Spokane, WA 99201

  Located right across the street from Doyle's Ice Cream Parlor and only a few blocks from Kendall yards, this 2 bedroom, 1 bath home is ready for its next buyer! Only 800 sq feet with In-Wall and Baseboard heat, this 1904 bungalow is cozy and convenient~ fully fenced yard with shed with power, full sprinkler system and alley access for backyard parking. All appliances in home stay with sale of

  Marie Pence Windermere North

  2224 W Boone Ave, Spokane, WA 99201
• 

  

  /9

  $75,000

  • Land
  • 0.29 Acre
  • $258,621 per Acre

  7520 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

  7520 N Cedar Rd, Spokane, WA 99208
• 

  

  /17

  $1,300,000

  • 8 Beds
  • 12 Baths
  • 7,524 Sq Ft

  1428 W 10th Ave, Spokane, WA 99204

  Situated in a prime South Hill location near I-90, this 12-unit apartment building offers a strong mix of unit types and consistent rental income. The property includes six one-bedroom units, one two-bedroom unit, and five studio units, generating a total monthly income of $11,692. Each unit showcases timeless charm with high ceilings, large windows, and classic hardwood floors. Recent remodels

  Ryan Towner LT Real Estate

  1428 W 10th Ave, Spokane, WA 99204
• 

  

  /46

  $4,250,000

  • 40 Beds
  • 29 Baths
  • 42,500 Sq Ft

  507 S Howard St, Spokane, WA 99204

  Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom

  Derek Raivio LT Real Estate

  507 S Howard St, Spokane, WA 99204
• 

  

  /50

  $349,900

  • 3 Beds
  • 2 Baths
  • 2,096 Sq Ft

  1707 W Mansfield Ave, Spokane, WA 99205

  Investment opportunity, owner financing available! Duplex, most recent gross rental income $2,800/month. Ideal for owner-occupy: live in one unit and let the other offset your payment. Main level (vacant, recently rented at $1,475/mo) 2 bedrooms, 1 bath, bonus room, formal dining, bay windows, oversized living room, hardwood floors, large kitchen with breakfast bar, main floor laundry and huge

  Connie Newman Professional Realty Services

  1707 W Mansfield Ave, Spokane, WA 99205
• 

  

  /16

  $375,000

  • 6 Beds
  • 2 Baths
  • 2,040 Sq Ft

  5724 N Nevada St, Spokane, WA 99208

  6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4,350.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas

  Brendan Hollenbaugh Amplify Real Estate Services

  5724 N Nevada St, Spokane, WA 99208
• 

  

  /22

  $1,250,000

  • 16 Beds
  • 8 Baths
  • 7,312 Sq Ft

  2405 N Cincinnati St Unit 2411 N Cincinnati St, Spokane, WA 99207

  Rare opportunity to own two fully rented fourplexes (8 units total) in Spokane’s highly desirable Gonzaga District—just minutes from Gonzaga University, public transportation, and Downtown Spokane! These well-maintained buildings boast a combined gross income of approximately $115,000 annually, with five of the eight units fully remodeled, including the two most recent rentals bringing in

  Spencer Millsap REAL Broker LLC

  2405 N Cincinnati St Unit 2411 N Cincinnati St, Spokane, WA 99207

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