Investment - Homes for Sale in Spokane, WA

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  /42

  $320,000

  • 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
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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
• 

  

  

  /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
• 

  

  

  /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
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  /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
• 

  

  /12

  $395,000

  • 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
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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
• 

  

  /20

  $1,500,000

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

  915 E Augusta Ave, Spokane, WA 99207

  Excellent investment opportunity featuring four spacious townhouse-style units near Gonzaga University. This property includes four 5-bedroom, 2.5-bathroom units with central heating and in-unit laundry. The building offers 9,336 square feet of living space and generates strong rental income of $9,650 per month. Located within walking distance to Gonzaga University and close to restaurants,

  Dallas Lightner LT Real Estate

  915 E Augusta Ave, Spokane, WA 99207
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  /6

  $1,500,000

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

  228 E Baldwin Ave, Spokane, WA 99207

  Four-unit multi-family property built in 2018, located within walking distance of Gonzaga University. Each unit offers 4 bedrooms and 4.5 bathrooms. Features include central heating, off-street parking, and a Multi-Family Urban Housing Tax Exemption in place through 2031. The property produces approximately $10,400 per month in rental income. Excellent opportunity for stable, low-maintenance

  Dallas Lightner LT Real Estate

  228 E Baldwin Ave, Spokane, WA 99207
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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
• 

  

  /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
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  /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
• 

  

  /13

  $65,000

  • Land
  • 0.12 Acre
  • $541,667 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
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  /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
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  /16

  $105,000

  • Land
  • 0.24 Acre
  • $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
• 

  

  /22

  $1,650,000

  • 3 Beds
  • 2 Baths
  • 13,500 Sq Ft

  6615 N Atlantic St, Spokane, WA 99208

  Atlantic is a well-maintained, value-add apartment building in North Spokane located just 0.9 miles from Providence Hospital and 2.4 miles from Whitworth University. The property features majority two-bedroom units with desirable amenities including air conditioning, covered parking, large kitchens, and a central courtyard. Located near jobs, shopping, schools, and parks, this is an ideal

  Max Frame Kidder Mathews

  

  6615 N Atlantic St, Spokane, WA 99208
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  /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
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  /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
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  /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
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  /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
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  /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
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  /50

  $344,500

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

  1707 W Mansfield Ave, Spokane, WA 99205

  Duplex investment opportunity, featuring a new roof (to be completed prior to closing). Owner financing available! 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

  Connie Newman Professional Realty Services

  1707 W Mansfield 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
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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
• 

  

  /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
• 

  

  /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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  /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
• 

  

  /24

  $549,000

  • 8 Beds
  • 4 Baths
  • 3,200 Sq Ft

  2903 E Jackson Ave Unit 2510, 2514, 2514, N, Spokane, WA 99207

  Prime investment opportunity in an exceptional location. This beautifully preserved four-plex offers four spacious units, each featuring 2 bedrooms, 1 bathroom, and approximately 800 sq ft. Timeless architectural character is thoughtfully complemented by modern conveniences throughout. Ideally situated near downtown Spokane, residents enjoy effortless access to premier dining, shopping, and

  Becky Lease First Look Real Estate

  2903 E Jackson Ave Unit 2510, 2514, 2514, N, Spokane, WA 99207
• 

  

  /23

  $300,000

  • Land
  • 0.75 Acre
  • $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
• 

  

  /23

  $300,000

  • Land
  • 0.75 Acre
  • $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
• 

  

  /23

  $300,000

  • Land
  • 0.75 Acre
  • $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
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  

  /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
• 

  /2

  $350,000

  • Land
  • 1.27 Acres
  • $275,591 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
• 

  /2

  $400,000

  • 4 Beds
  • 3 Baths
  • 2,488 Sq Ft

  3004 N Lincoln St, Spokane, WA 99205

  Exceptional opportunity to acquire a fully furnished triplex in desirable North Spokane. This well-maintained asset offers immediate cash flow with all units thoughtfully furnished and equipped - ideal for short-term, mid-term, or traditional rental strategies. Each unit features comfortable layouts, updated interiors, and functional living spaces designed to attract quality tenants. Furnishings

  Devin Mecham NAI Black

  3004 N Lincoln St, Spokane, WA 99205
• 

  

  /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

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