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Investment - Homes for Sale in Spokane, WA

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  • /12

    $120,000

    • Land
    • 0.14 Acre
    • $857,143 per Acre

    9809 E Boone Ave, Spokane, WA 99206

    Excellent Spokane Valley location for your next build. This sought-after spot lot offers a prime opportunity for investors, builders, or developers. Sewer is already stubbed in—a $10,000 value—saving time and reducing upfront costs. Positioned close to the Spokane River, Centennial Trail, Valley Mall, and major retail, with quick access to I-90 for convenient connections to downtown Spokane or

    Cindy Carrigan REAL Broker LLC

    9809 E Boone Ave, Spokane, WA 99206
  • /13

    $65,000

    • Land
    • 0.12 Acre
    • $541,667 per Acre

    104X 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 buy both lots and build a couple of investment properties.

    Shane Delaney Coldwell Banker Tomlinson

    104X S Azalea Dr, Spokane, WA 99224
  • /7

    $80,000

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

    XXX W 25th Ave, 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, Spokane, WA 99224
  • /24

    $289,891

    • 3 Beds
    • 1 Bath
    • 1,074 Sq Ft

    324 E Everett Ave, Spokane, WA 99207

    Great investment opportunity! This adorable and updated 3 bedroom, 1 bath bungalow is located in a quiet neighborhood and is packed with charm and modern updates. Featuring a brand new roof , this home is move-in ready inside and out. The updated bathroom and stylish kitchen feature new stainless steel appliances. Enjoy the large, fully fenced backyard — perfect for pets, play, or entertaining —

    Lee Arnold Keller Williams Spokane - Main

    324 E Everett Ave, Spokane, WA 99207
  • /24

    $249,999

    • 2 Beds
    • 1.5 Baths
    • 1,200 Sq Ft

    1708 E Mallon Ave, Spokane, WA 99202

    Welcome to 1708 E Mallon Ave — A fully renovated 2-bedroom, 1.5-bath home with modern upgrades inside and out. Step inside to discover new flooring, fresh paint, updated plumbing and electrical, and brand-new appliances. A thoughtfully added half bath provides extra convenience and functionality. Major improvements are already done for you, including a new roof, windows, and doors — giving you

    Nathan Hall Amplify Real Estate Services

    1708 E Mallon Ave, Spokane, WA 99202
  • /21

    $300,000

    • Land
    • 6.6 Acres
    • $45,455 per Acre

    2126 E Leona Dr Unit 2104 E Leona, 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 Unit 2104 E Leona, Spokane, WA 99208
  • /12

    $450,000

    • 4,656 Sq Ft

    3011 E Queen Ave, Spokane, WA 99217

    Located in Spokane’s up-and-coming Hillyard neighborhood, the Queen Apartments offer an affordable, turnkey multifamily investment. Units feature new LVP flooring and fresh interior paint, allowing an investor to lease the remaining vacancies and generate immediate cash flow. The property includes a mix of 2bed/1bath, 1bed/1bath, and SRO units, plus a backyard storage shed and a basement with

    Jordan Lester, CCIM, MBA SVN Cornerstone

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

    $199,900

    • 2 Beds
    • 1 Bath
    • 1,853 Sq Ft

    7408 N Market St, Spokane, WA 99217

    Great investment opportunity! This property offers many options, including but not limited to: Renovate the house and make it your home or an income/rental property, Turn the home into a business and take advantage of the convenient location on Market St. just a few minutes from access to the new North South Freeway. The light industrial zoning could allow for a tear down and build to utilize the

    Natalia Seefeldt Regal Real Estate

    7408 N Market St, Spokane, WA 99217
  • /8

    $750,000

    • 4 Beds
    • 5 Baths
    • 5,380 Sq Ft

    209 E Sprague Ave, Spokane, WA 99202

    Fully leased investment property producing $7,545/month in rental income. Includes a total of seven condo units. Two retail spaces with 14’ ceilings (approx. 1,200 SF each), and three apartments (one 2 bed/1 bath, two 1 bed/1 bath). Two shop/storage units with fenced yard provide additional income and utility. TPO roof replaced in 2025.

    Dallas Lightner LT Real Estate

    209 E Sprague Ave, Spokane, WA 99202
  • /36

    $1,918,900

    • 16 Beds
    • 16 Baths
    • 6,552 Sq Ft

    1912 W Buckeye Ave Unit 1914, 1916 & 1918, Spokane, WA 99205

    Now Complete - 4 separate Duplexes side by side to function as a low maintenance 8 unit investment. 7 of these 8 units are occupied on annual leases. Best priced new construction duplexes you’ll find in the area, by far. Units rent quickly and easily to great tenants, at $1695-1795 per month, plus they pay ALL utilities. Owner only pays taxes & insurance. Perfect if you’re looking a turn key, no

    Erik Dordal Windermere City Group

    1912 W Buckeye Ave Unit 1914, 1916 & 1918, Spokane, WA 99205
  • /23

    $259,898

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft

    903 E Rowan Ave, Spokane, WA 99207

    Investment opportunity! Updated ranch-style home in Spokane’s Nevada-Lidgerwood/Shadle area. Features 2 bedrooms, 1 bath, main-floor laundry, and all appliances included. Fresh interior and exterior paint, covered deck, and fully fenced yard. Detached 1-car garage with alley access plus side parking for boat or RV. Convenient location near schools, shopping, bus routes, VA Medical Center, and

    Lee Arnold Keller Williams Spokane - Main

    903 E Rowan Ave, Spokane, WA 99207
  • /28

    $860,000

    • 8 Beds
    • 4 Baths
    • 4,472 Sq Ft

    1608 E Hartson Ave, Spokane, WA 99202

    Welcome to 1608 E Hartson Ave, an exceptional investment opportunity in Spokane's sought-after Perry District. This modern 4-Plex with spacious 2 bedroom/1 bath units was built in 2018 and showcases upscale finishes including granite counter tops, luxury vinyl plank flooring and solid core doors. Each unit features efficient mini-split heating and cooling, reducing utility costs and ensuring

    John Baker CENTURY 21 Beutler & Associates

    1608 E Hartson Ave, Spokane, WA 99202
  • /9

    $75,000

    • Land
    • 0.28 Acre
    • $267,857 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
  • /31

    $375,000

    • 2 Beds
    • 3 Baths
    • 1,851 Sq Ft

    726 W Briar Cliff Ct, Spokane, WA 99218

    Welcome to this charming townhouse tucked away in Spokane's desirable Country Homes neighborhood. Whitworth University is within walking distance, making this property a perfect investment opportunity. This spacious 2-bedroom, 2.5-bath residence offers nearly 1851 sq ft of living space, blending comfort with convenience. Open floor plan with new flooring & carpet throughout, highlighted by a gas

    Rhonda Hill Plese Realty LLC

    726 W Briar Cliff Ct, Spokane, WA 99218
  • /6

    $1,500,000

    • 20 Beds
    • 8 Baths
    • 9,336 Sq Ft

    911 E Nora Ave, Spokane, WA 99207

    Excellent investment opportunity featuring two duplexes on one lot near Gonzaga University. This property offers four spacious 5-bedroom, 2.5-bathroom units with central heating and off-street parking. The buildings total 9,336 square feet and generate strong rental income of $9,925 per month. Highly desirable location within walking distance to Gonzaga University and close to restaurants,

    Dallas Lightner LT Real Estate

    911 E Nora Ave, Spokane, WA 99207
  • /3

    $625,000

    • 10 Beds
    • 4 Baths
    • 2,996 Sq Ft

    9907 N Waikiki Rd Unit 9905 N. Waikiki Rd., Spokane, WA 99218

    Phenomenal investment opportunity moments from Whitworth University in North Spokane. One duplex in a larger portfolio of 5 duplexes inclusive of 44 bedrooms across the ten rental units grossing an average of $20,000/month. Rarely does an active portfolio like this become available in such a desirable rental location. This is a prime candidate for reinvestment of 1031 money in today's market, as

    John Leland Upward Advisors

    9907 N Waikiki Rd Unit 9905 N. Waikiki Rd., Spokane, WA 99218
  • /35

    $499,000 New Construction

    • 3 Beds
    • 2 Baths
    • 1,524 Sq Ft

    3613 E 8th Ave, Spokane, WA 99202

    Buy smart and let your property pay YOU with this brand new single level home w/ADU! The “Flex Duplex” by Urban Empire Homes offers a 3 BR (or 2 BR + den/flex room) “owner‘s unit“ as the main residence & a 1 bedroom apartment to rent out, each with its own laundry & private yard space. Steady monthly income? Airbnb? Space for the mother in law or college student? You choose! Bright, efficient &

    Erik Dordal Windermere City Group

    3613 E 8th Ave, Spokane, WA 99202
  • /28

    $479,800 New Construction

    • 2 Beds
    • 2 Baths
    • 1,638 Sq Ft

    1912 W Buckeye Ave, Spokane, WA 99205

    Now Complete! Ready for a smart homeowner to reap the benefits of an on-site rental, Airbnb or in-law set up! Brand new single level home with an “owner‘s unit“ up front plus a 2 bed / 2 bath apartment in the back. Rental income offsets your payment to make it like buying a house at $250K or even less! Qualify for apx $150k more than you normally would! Functions like an ADU but being a duplex,

    Erik Dordal Windermere City Group

    1912 W Buckeye Ave, Spokane, WA 99205
  • /35

    $335,000 Open Sun 12PM - 4PM

    • 3 Beds
    • 2 Baths
    • 1,302 Sq Ft

    1430 W Spofford Ave, Spokane, WA 99205

    Rare opportunity as owner occupy or income property! Main house + ADU! This rare opportunity offers tons of up side as includes a main house 2 bed 1 bath of 788 sq ft & ADU with 1 bed 1 bath & 522 sq ft, with combined 3 bedrooms, 2 bathrooms & total of 1302 sq ft of living space. The main dwelling & ADU combine for additional living space as a primary residence & or great opportunity as an

    Darryl Gardner Live Real Estate, LLC

    1430 W Spofford Ave, Spokane, WA 99205
  • /50

    $305,000

    • 5 Beds
    • 2 Baths
    • 2,538 Sq Ft

    618 E Broad Ave, Spokane, WA 99207

    LISTED UNDER APPRAISED VALUE of $310K in 2024 BEFORE UPGRADES ~~Recent updates: new exterior paint, new carpet, sod, and gas hot water tank.~~ Discover this Spokane bungalow with a rare multigenerational layout & ADU potential, ideal for rental income, house hacking, or multi-family living. This 2538 sq ft, 5-bedroom, 2-bathroom, 2-story home offers separate entrance to the upper-level living

    Nick Briggs Windermere City Group

    618 E Broad Ave, Spokane, WA 99207
  • /7

    $123,500

    • Land
    • 0.16 Acre
    • $771,875 per Acre

    4715 N Evergreen Rd, Spokane, WA 99216

    Don't miss this rare chance to build in Spokane Valley on a spacious 0.16-acre lot with no HOA restrictions or CCRs. Whether you're dreaming of a custom home or an investment project, this property offers exceptional flexibility in a highly convenient location close to all Valley amenities.

    Zach Wimberly Avalon 24 Real Estate

    4715 N Evergreen Rd, Spokane, WA 99216
  • /5

    $99,500

    • Land
    • 0.12 Acre
    • $829,167 per Acre

    9021 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. Next door lot is avilable for sale. Great investment property.

    Nick Grishko Kelly Right Real Estate of Spokane

    9021 E Princeton Ln, Spokane, WA 99212
  • /17

    $1,675,000

    • 12,157 Sq Ft

    1204 W 8th Ave, Spokane, WA 99204

    This property presents a rare opportunity to acquire two buildings on one lot in the desirable South Hill neighborhood of Spokane. The property includes a well-maintained triplex featuring two spacious three-bedroom units and one two-bedroom unit, along with a separate nine-unit building comprised of seven two-bedroom units and two one-bedroom units. Together, the buildings generate a strong

    Ryan Towner LT Real Estate

    1204 W 8th Ave, Spokane, WA 99204
  • /10

    $1,450,000

    • 15 Beds
    • 11 Baths
    • 8,028 Sq Ft

    1611 W 8th Ave, Spokane, WA 99204

    SOUTH HILL INVESTMENT OPPORTUNITY/ 11 UNIT APARTMENT BUILDING IN GREAT LOCATION/ 7 ONE BEDROOM ONE BATH UNITS AND 4 TWO BEDROOM ONE BATH UNITS/ HARDWOOD FLOORS IN ALL UNITS/ ON-SITE LAUNDRY/ INDIVIDUAL STORAGE LOCKERS/ OFF STREET PARKING/ SHORT WALK TO HUCKLEBERRIES AND ROCKWOOD BAKERY

    Jim Powers CENTURY 21 Beutler & Associates

    1611 W 8th Ave, Spokane, WA 99204
  • /37

    $600,000

    • 6 Beds
    • 4 Baths
    • 2,720 Sq Ft

    1417 N Jefferson St Unit 1419 N Jefferson, Spokane, WA 99201

    Seize the opportunity to invest with owner financing in this exceptional two-story duplex, a truly turnkey investment with incredible rental potential for both long-term tenants and short-term Airbnb guests or owner occupied. Designed for low maintenance living, this property features modern insulation, sound proofing with additional care on the adjoining walls and windows, ensuring a tranquil

    Dave Reynolds Source Real Estate

    1417 N Jefferson St Unit 1419 N Jefferson, Spokane, WA 99201
  • /23

    $300,000

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

    Lot 6 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 6 Rd, Spokane, WA 99224
  • /20

    $659,900

    • 6 Beds
    • 6 Baths
    • 3,080 Sq Ft

    6027 N Smith St, Spokane, WA 99208

    Discover your next investment opportunity with this exceptional rental duplex! Situated in a prime location, perfectly positioned to attract potential tenants. Its close proximity to dining and groceries ensures both convenience and accessibility! Each unit boasts 3 bedrooms & 2.5 baths across a generous 1,540 sq/ft of living space. The entry welcomes you with a coat closet and an accommodating

    Nick Grishko Kelly Right Real Estate of Spokane

    6027 N Smith St, Spokane, WA 99208
  • /42

    $445,000 Open Sun 12PM - 2PM

    • 4 Beds
    • 4 Baths
    • 2,660 Sq Ft

    1432 W 7th Ave, Spokane, WA 99204

    4-PLEX in CANNON HILL! The unit count comprises of 2-One Bedroom, and 2-Studio apartments, creating an investment opportunity for owner-occupied financing; AND through the Spokane Historic Preservation Office, qualifies for the Special Valuation Tax Incentive. Projected 6.5% - 7% untrended cap rate. Permitted from residence to apartments in conjunction with the Federal Government to provide

    Amber Durkoop CENTURY 21 Beutler & Associates

    1432 W 7th Ave, Spokane, WA 99204
  • /7

    $900,000

    • 8 Beds
    • 7 Baths
    • 5,750 Sq Ft

    1733 W 10th Ave, Spokane, WA 99204

    Located in Spokane’s desirable South Hill neighborhood, this well-maintained multifamily property features a mix of 7 units—four 1-bed units, one 2-bed unit, one 3-bed unit, and one studio— as well as six garages, bringing in $7,660/month in rental income. Residents enjoy the charm of original hardwood floors, on-site laundry facilities, and convenient access to local amenities. A solid

    Dallas Lightner LT Real Estate

    1733 W 10th Ave, Spokane, WA 99204
  • /22

    $360,000

    • 4 Beds
    • 2 Baths
    • 9,490 Sq Ft

    2124 E 7th Ave Unit 2126 E. 7th, Spokane, WA 99202

    Side by Side Duplex! Each side is 834 sq ft. Both are 2 bedroom, 1 bathroom. The property backs up to the Ben Burr Trail and is centrally located with easy access to I-90. This property would be an excellent location for an Airbnb...close to downtown, the Podium, the Spokane Arena, The New One Spokane Stadium. Also nearby is the Flour Mill, Riverfront Park and both Sacred Heart and Deaconess

    Michael Gilroy Amplify Real Estate Services

    2124 E 7th Ave Unit 2126 E. 7th, Spokane, WA 99202
  • /17

    $270,000

    • Land
    • 20 Acres
    • $13,500 per Acre

    00XX Rambo Lot A Rd Unit Lot A, Spokane, WA 99022

    Lot A is a 20-acre parcel comprised of two 10-acre parcels. Purchase the full 20 acres for maximum privacy and space, or keep one parcel and sell the other to recoup your initial investment. Lot A features stunning views from multiple potential build sites. Power is available at the property line of each individual parcel, and an easement driveway is being installed by the sellers prior to

    Lizzy Sartin John L Scott, Inc.

    00XX Rambo Lot A Rd Unit Lot A, Spokane, WA 99022
  • /15

    $1,250,000

    • 14 Beds
    • 10 Baths
    • 10,548 Sq Ft

    1818 W 8th Ave, Spokane, WA 99204

    Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages, bringing in $11,999 per month in rental income. Tenants enjoy the convenience of on-site laundry

    Dallas Lightner LT Real Estate

    1818 W 8th Ave, Spokane, WA 99204
  • /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
  • /27

    $250,000

    • 3 Beds
    • 2 Baths
    • 2,263 Sq Ft

    2424 E Mission Ave, Spokane, WA 99202

    Most affordable duplex in town! This great investment opportunity features two separate units, both vacant and move-in ready. The main unit offers 2 bedrooms, 1 bath, and a partially finished basement with potential for a third bedroom or added living space. The second unit includes 1 bedroom and 1 bath, each with its own private entrance for convenience and privacy. Perfect setup for an

    Shane Bangle Keller Williams Spokane - Main

    2424 E Mission Ave, Spokane, WA 99202
  • /41

    $449,990

    • 3 Beds
    • 2 Baths
    • 1,536 Sq Ft

    3114 N Columbia Cir, Spokane, WA 99205

    Stunning 3-bedroom, 2-bath rancher directly across from Downriver Golf Course, offering a rare blend of location, updates, and versatility. This move-in-ready home features extensive upgrades throughout, including a fully updated kitchen and a finished basement with a separate entrance—ideal for guests, multi-generational living, or investment potential. The private backyard is enclosed with

    Chris LeQuire Windermere North

    3114 N Columbia Cir, Spokane, WA 99205
  • /50

    $574,995

    • 6 Beds
    • 4 Baths
    • 2,070 Sq Ft

    3506 W Francis Ave, Spokane, WA 99205

    Fantastic opportunity to own a well-maintained income producing rancher duplex in a desirable neighborhood. Each side features three spacious bedrooms and two full bathrooms, offering plenty of living space and rental appeal. One unit is owner occupied by the other is currently rented at $2300 a month with room to increase the market allows. Step inside to find open concept kitchens, cozy living

    Marcy Martin M. Martin & CO, LLC

    3506 W Francis Ave, Spokane, WA 99205
  • /20

    $194,000

    • 1 Bed
    • 1 Bath
    • 576 Sq Ft

    1507 W Chelan Ave, Spokane, WA 99205

    Whether you’re a first-time homebuyer or seeking a smart investment opportunity, this property offers exceptional potential. This charming 1-bedroom, 1-bath home features 576 sq. ft. of living space, including a welcoming living room and an updated kitchen with stainless steel appliances, plus a washer and dryer for added convenience. Situated on an oversized lot, the property presents a unique

    Gina Snyder John L Scott, Spokane Valley

    1507 W Chelan Ave, Spokane, WA 99205
  • /31

    $359,000

    • 2 Beds
    • 2 Baths
    • 1,301 Sq Ft

    1528 E Boone Ave, Spokane, WA 99202

    Owner Financing Available, Lets negotiate terms! Charming Home w/ Additional Dwelling Unit Near Gonzaga University. Looking for the perfect investment property or a new home with extra income potential? This delightful property offers a unique combination of charm, comfort, and opportunity. Main Home Features: 2 spacious bedrooms, 2 bathrooms, large living room with a cozy wood stove, kitchen has

    Dana Woodard Real Estate Marketplace NW,Inc

    1528 E Boone Ave, Spokane, WA 99202
  • /23

    $300,000

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

    Lot 7 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 7 Rd, Spokane, WA 99224
  • /20

    $429,500

    • 5 Beds
    • 2 Baths
    • 1,872 Sq Ft

    2227 E 4th Ave, Spokane, WA 99202

    Investment opportunity with a sub-dividable, fully fenced lot, 5 min to Gonzaga, featuring gated entries, mature landscaping, and an impressive variety of producing fruit trees - apricots, cherry trees, white and black plums, multiple grape varieties, walnuts, cherry plum, quince, and apple. The property offers a large private yard, an outdoor brick cooking stove, a spacious 12x40 carport,

    Jared Urbick Kelly Right Real Estate of Spokane

    2227 E 4th Ave, Spokane, WA 99202

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