Investment - Homes for Sale in Spokane, WA

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  /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
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• 

  

  

  /31

  $399,900

  $15K 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 Professional Realty Services

  312 E Baldwin Ave, Spokane, WA 99207
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  /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
• 

  

  

  /31

  $375,000

  • 4 Beds
  • 2 Baths

  2502 E Hartson Ave, Spokane, WA 99202

  Charming and updated duplex blending classic character with practical modern updates. This income-producing property features a new roof in 2022, exterior paint completed 2 years ago, and a fully fenced yard with alley access and off-street parking in back. Both units offer 2 bedrooms, 1 bathroom, separate laundry, comfortable living spaces, and great natural light throughout. Separately metered

  Elizabeth Boykin Keller Williams Spokane - Main

  2502 E Hartson Ave, Spokane, WA 99202
• 

  

  

  /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
• 

  

  /11

  $375,000

  • Land
  • 10.01 Acres
  • $37,463 per Acre

  NKA Landon Ln, Spokane, WA 99208

  Discover privacy, scenery, and build-ready convenience on this beautiful 10 acre view parcel in the sought after River Bluff development. Gently rolling terrain with mature pines opens to sweeping valley vistas and peaceful natural surroundings, creating an ideal setting for a custom home, retreat, or long term investment. A private access driveway is already installed and utilities are available

  Isaac Lanctot Heart and Homes NW Realty

  NKA Landon Ln, Spokane, WA 99208
• 

  

  /7

  $35,000

  • Land
  • 6,534 Sq Ft
  • $233,333 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
• 

  

  /21

  $235,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  1829 W 6th Ave, Spokane, WA 99204

  7.6% CAP RATE POTENTIAL. High-performance investment opportunity in Spokane’s desirable Cliff-Cannon neighborhood! This 3-bedroom, 1-bath cottage is perfectly positioned for the medical professional tenant pool, just minutes from the hospital district and Downtown core. Pro-forma market rent is estimated at $2,100/mo, delivering a projected 7.6% cap rate at the $235,000 price point. Delivered

  Noah Ullah Epique Realty

  1829 W 6th Ave, Spokane, WA 99204
• 

  

  /40

  $370,000

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  5108 E Grace Ave, Spokane, WA 99217

  Spacious 3 bed, 2 bath home on a 0.34-acre double lot just off Upriver Dr, offering a functional layout and room to spread out. The property provides ample space for parking, outdoor use, or future improvements. Enjoy a convenient location near the Spokane River, Centennial Trail, Esmeralda Golf Course, and Spokane Community College, with easy access to outdoor recreation including hiking,

  Devante Dickerson REAL Broker LLC

  5108 E Grace Ave, Spokane, WA 99217
• 

  

  /41

  $375,000

  • 5 Beds
  • 4 Baths
  • 3,435 Sq Ft

  1723 E Hoffman Ave, Spokane, WA 99207

  Investor’s dream! Rare opportunity to own two great homes on one lot with endless possibilities, conveniently located just steps from a tennis court, amenities, shopping, dining, and public transportation. The main home, originally built in 1909, was remodeled in 2019 and features 3 bedrooms and 2 bathrooms with a new roof, new siding, vinyl windows, LVP flooring, granite countertops, and

  Micaela Jaime eXp Realty, LLC Branch

  1723 E Hoffman Ave, Spokane, WA 99207
• 

  

  /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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  /43

  $210,000

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  1608 W Maxwell Ave, Spokane, WA 99201

  Fresh updates and thoughtful finishes make this remodeled 2-bedroom, 1-bath home feel welcoming from the moment you arrive. Brand-new windows fill the space with natural light, while the flowing layout offers a comfortable balance of openness and privacy between the main living areas. The living room connects easily to a dedicated dining space and an updated kitchen designed for everyday

  Matt Brunner REAL Broker LLC

  1608 W Maxwell Ave, Spokane, WA 99201
• 

  

  /27

  $425,000

  • 7 Beds
  • 4 Baths
  • 3,100 Sq Ft

  104 W Cora Ave Unit 102, Spokane, WA 99205

  Turnkey duplex with immediate cash flow in a great central Spokane location offering an excellent opportunity for owner-occupants or investors alike. Live in one unit and offset your monthly mortgage with rental income from the other, or continue operating as a straightforward investment property. Current gross rent of $3,400/month ($40,800/year). This side-by-side duplex features two spacious

  Chelsea McFarland Prime Real Estate Group

  104 W Cora Ave Unit 102, Spokane, WA 99205
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  /7

  $450,000

  • 5 Beds
  • 4 Baths

  3018 E Olympic Ave, Spokane, WA 99217

  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

  Ryan Towner LT Real Estate

  3018 E Olympic Ave, Spokane, WA 99217
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  /25

  $475,000

  • 8 Beds
  • 4 Baths
  • 3,032 Sq Ft

  1847 E Marshall Ave, Spokane, WA 99207

  Great Investment Opportunity with this Established 4 Plex! Each Unit has 2 Bedrooms, 1 Bathroom and Approx 750 Sqft and the Seller Updates include New Roof (2025), 5 newer Hot Water Heaters, Washer and Dryer 2023 (shared by complex – not coin) and there was New Siding and Vinyl Windows installed in 2018. All 4 Units are Light & Bright, each has a Carport and Unit #3 has an Updated Kitchen, LVP

  Kelly Hewson Keller Williams Spokane - Main

  1847 E Marshall Ave, Spokane, WA 99207
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  /8

  $129,900

  • Land
  • 11,761 Sq Ft
  • $481,111 per Acre

  11402 E 4th Ave, Spokane, WA 99206

  Don’t miss this opportunity to own a .27-acre (nearly 11,800 sq ft) flat, buildable lot in a desirable Spokane Valley location. This property offers an ideal canvas for your custom home or investment project, with a level layout that keeps construction simple and cost-effective. Situated in a quiet, established neighborhood, the lot provides a great balance of privacy and convenience—just minutes

  Daniel Ulyanchuk Keller Williams Spokane - Main

  11402 E 4th Ave, Spokane, WA 99206
• 

  

  /19

  $259,000

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

  NKA N Moose Drool Ln Unit Lot E, 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 Unit Lot E, Spokane, WA 99208
• 

  

  /16

  $275,000

  $25K PRICE DROP

  • Land
  • 6.6 Acres
  • $41,667 per Acre

  2126 E Leona Dr, Spokane, WA 99208

  ATTENTION BUILDERS & BUYERS — RARE OPPORTUNITY IN MEAD SCHOOL DISTRICT Two contiguous parcels being sold together as one offering at 2126 E Leona Dr & 2104 E Leona Dr, creating a unique opportunity to acquire nearly 7 acres of rolling terrain with mature trees, privacy, and two potential building sites in the highly sought-after Mead School District. ideal for a custom home, multi-generational

  Elizabeth Boykin Keller Williams Spokane - Main

  2126 E Leona Dr, Spokane, WA 99208
• 

  

  /29

  $399,000

  • 4 Beds
  • 2 Baths
  • 1,874 Sq Ft

  828 E Gordon Ave Unit 830 E Gordon, Spokane, WA 99207

  Side by side duplex investment property. Same owner for 15 years with several updates where it counts. Newer roof, windows, doors, flooring and much more. Centrally located to all of Spokane's offerings. Nice deck space to enjoy the managable back yard with additional parking area. Proffesionally managed and ready for a new owner!

  josh thosath NuKey Realty & Property Mgmt,

  828 E Gordon Ave Unit 830 E Gordon, Spokane, WA 99207
• 

  

  /48

  $700,000

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

  9120 N Wall St, Spokane, WA 99218

  Whitworth area duplex! 1 side occupied and the other vacant. Owner occupy or rent out the vacant side. Great investment opportunity on this remodeled duplex! Rents are $2500 a month. Could also be converted back to a 4 plex. Updates include: All new paint, new LVP floors, cabinets and several doors were refinished, outlets & switches were all updated as well as some of the electrical, both water

  Dave Reynolds Source Real Estate

  9120 N Wall St, Spokane, WA 99218
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  /28

  $507,500

  $33K PRICE DROP

  • 6 Beds
  • 4 Baths

  9724 N Wall St, Spokane, WA 99218

  Rare and unique opportunity to own a clean, spacious, and well-maintained duplex in North Spokane, just south of Whitworth University. Solid brick exterior in great condition offers lasting durability and curb appeal. A rare feature with instant value — each unit includes an attached two-car garage. Units are separately metered for added convenience and ease of management. Both units offer an

  Derek Raivio LT Real Estate

  9724 N Wall St, Spokane, WA 99218
• 

  

  /16

  $599,900

  • 8 Beds
  • 4 Baths
  • 2,912 Sq Ft

  2927 E Olympic Ave, Spokane, WA 99217

  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

  Cindy Carrigan REAL Broker LLC

  2927 E Olympic Ave, Spokane, WA 99217
• 

  

  /40

  $344,000

  • 4 Beds
  • 3 Baths
  • 2,624 Sq Ft

  1027 W Maxwell Ave, Spokane, WA 99201

  Centrally located tri-plex offering a strong investment opportunity with a blend of character and functionality. This well-maintained property features updated electrical, separate electric meters for each unit, newer furnace systems, and an on-demand hot water heater, supporting efficient operations and reduced long-term maintenance concerns. The property includes two vacant units, allowing for

  Patrick Stillman Keller Williams Spokane - Main

  1027 W Maxwell Ave, Spokane, WA 99201
• 

  

  /23

  $475,000

  $50K PRICE DROP

  • 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
• 

  

  /23

  $300,000

  • Land
  • 32,670 Sq Ft
  • $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
• 

  

  /47

  $675,000

  Open Sat 11AM - 1PM

  • 3 Beds
  • 2 Baths
  • 2,835 Sq Ft

  114 W Graves Rd, Spokane, WA 99218

  Built in 2022 and fully rented, this thoughtfully designed duplex offers a fantastic investment opportunity just .5 mile from Whitworth — an ideal location for long-term rental stability. Positioned toward the back of the lot, the property also offers the rare advantage of room to add another duplex or a SFR in the future, maximizing the lot’s potential. Both units feature quartz countertops, SS

  Katie McDaris Marks EXIT Real Estate Professionals

  114 W Graves Rd, Spokane, WA 99218
• 

  

  /32

  $435,000

  $10K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 1,228 Sq Ft

  401 W 1st Ave Unit 6, Spokane, WA 99201

  Experience the best of city living in this beautifully designed condo, perfectly situated in the heart of downtown Spokane. Step into a secure building and take the elevator straight to your door. Inside, you’ll find a spacious open-concept home filled with natural light pouring through expansive windows, offering stunning city views. Elegant hardwood floors, a large patio off the kitchen ideal

  Joel Elgee Avalon 24 Real Estate

  401 W 1st Ave Unit 6, Spokane, WA 99201
• 

  

  /35

  $400,000

  • 4 Beds
  • 2 Baths
  • 3,329 Sq Ft

  6028 N Lacey St, Spokane, WA 99208

  Turn key investment property offering Front and rear Duplex with a detached single car garage space for each unit. Over sized lot ready for your creative touches. Exterior paint and roof only two years old. The interiors have been nicely updated where it counts. Professionally managed and well maintained. Basements offer non egress room, family room, laundry area with a ton of storage as well.

  josh thosath NuKey Realty & Property Mgmt,

  6028 N Lacey St, Spokane, WA 99208
• 

  /2

  $265,000

  $85K PRICE DROP

  • Land
  • 1.27 Acres
  • $208,661 per Acre

  8721 N Five Mile Rd, Spokane, WA 99208

  Discover the perfect blend of country living and city convenience with this exceptional 1.27-acre parcel on Five Mile Prairie! Paved road frontage and level, usable land, this property is ready for your dream build, with power on site, and city water available. Enjoy territorial views and multiple prime building sites with utilities in place. Zoned Urban Reserve (UR), offering flexibility for

  Robert Milliron Windermere North

  8721 N Five Mile Rd, Spokane, WA 99208
• 

  

  /16

  $219,900

  $25K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,395 Sq Ft

  1408 E Providence Ave, Spokane, WA 99207

  This charming North Spokane home is a great fit for a first-time buyer or an investment opportunity. Inside, you’ll find a spacious primary bedroom with direct access to the bathroom, along with a flexible second room that works well as a guest space or home office. The layout offers convenient main-floor utilities, ample storage, and bonus finished attic space for added versatility. Outside, the

  Taylor Dimov The Experience Northwest

  1408 E Providence Ave, Spokane, WA 99207
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  /6

  $110,000

  • Land
  • 4,356 Sq Ft
  • $1,100,000 per Acre

  1717 N Howard St, Spokane, WA 99205

  Investment opportunity in a wonderful central location. Easy access to downtown, freeway, bus line, and right across the street from North Central High School. Walkable to restaurants, shops, and all the amenities that the Monroe street business district has to offer.

  Ciara Beard Keller Williams Spokane - Main

  1717 N Howard St, Spokane, WA 99205
• 

  

  /15

  $250,000

  • 2 Beds
  • 1 Bath
  • 716 Sq Ft

  211 E Princeton Ave, Spokane, WA 99207

  Welcome home to this beautifully updated 2-bedroom, 1-bath home offering 716 square feet of comfortable living space. This charming property features modern updates throughout while maintaining a cozy feel. Enjoy a fully fenced yard perfect for pets, gardening, or entertaining, plus the convenience of a 1-car garage for parking and extra storage. Inside, you’ll find an updated interior with a

  Donna Wilburn Amplify Real Estate Services

  211 E Princeton Ave, Spokane, WA 99207
• 

  

  /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
• 

  

  /50

  $649,000

  • 5 Beds
  • 1.5 Baths
  • 3,638 Sq Ft

  3570 E 11th Ave, Spokane, WA 99202

  Own a piece of Spokane history w/ this stunning 1912 Craftsman! This home is packed w/ original character, soaring ceilings, rich trim work, & the kind of architectural detail you simply cannot recreate. With 5 bedrooms, 2 bathrooms, & over 3,600 total square feet, there is room to live big, create multi generational space, or design the ultimate rental setup. Large tiered Lot (+fruit trees)

  Lynsey Cantlon REAL Broker LLC

  3570 E 11th Ave, Spokane, WA 99202
• 

  

  /23

  $300,000

  • Land
  • 32,234 Sq Ft
  • $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
• 

  

  /50

  $480,000

  • 5 Beds
  • 5 Baths
  • 4,390 Sq Ft

  1714 W 10th Ave, Spokane, WA 99204

  Absloutely Beautiful, Historical 4-plex with that Old World Charm just hit the market! Main Unit is 2 bed/ 2 bath 2,390 sq ft and will take your breath away. So much Natural Woodwork, Stunning Box-beam Ceilings, Wooden Pillars, Built In's, Formal Dining Room & Large Eloquent Windows. This unit has 2 floors which both have 1 bd/ 1 bath + Family Room's with plenty of storage & Laundry Access. Other

  Jessica Gladhart Gladhart Realty, Inc.

  1714 W 10th Ave, Spokane, WA 99204
• 

  

  /23

  $300,000

  • Land
  • 32,670 Sq Ft
  • $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
• 

  

  /9

  $725,000

  • 8 Beds
  • 4 Baths

  8705 N Colton St, Spokane, WA 99218

  Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated

  Derek Raivio LT Real Estate

  8705 N Colton St, Spokane, WA 99218
• 

  

  /33

  $795,000

  • 8 Beds
  • 4 Baths
  • 3,696 Sq Ft

  1023 W Knox Ave, Spokane, WA 99205

  Rare 4-unit investment opportunity featuring two separate duplexes on one lot, built in 2011 and 100% occupied. Each unit offers a functional two-story layout with living, kitchen, and dining on the main level, and 2 bedrooms, 1.5 bathrooms, and in-unit laundry upstairs—ideal for tenant privacy and retention. Interiors include LVP flooring on the main level, carpet upstairs, and hard surface

  Jeff Hornberger The Hornberger Group, LLC

  1023 W Knox Ave, Spokane, WA 99205
• 

  

  /31

  $575,000

  $75K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 2,408 Sq Ft

  1913 W Mallon Ave, Spokane, WA 99201

  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

  Sarah Hoverson eXp Realty, LLC

  1913 W Mallon Ave, Spokane, WA 99201

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