Investment - Homes for Sale in Spokane, WA

• 

  

  

  /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
• 

  

  

  /15

  $179,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 910 Sq Ft

  628 E Sanson Ave, Spokane, WA 99207

  Holy Family area charmer and under 200k! Do not miss this opportunity to buy at a great price and start growing equity day1. Home is currently occupied by a long-time tenant making this a no brainer, low maintenance investment. Room for an ADU and additional income or a shop for owner occupant. Investor special as owner finance terms are also being offered on this one. Lovely 2 bed/1bath home

  Kim Vinson Extant Realty

  628 E Sanson Ave, Spokane, WA 99207
• 

  

  

  /9

  $685,000

  2327 E 29th Ave, Spokane, WA 99223

  SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers

  Jordan Lester, CCIM, MBA SVN Cornerstone

  2327 E 29th Ave, Spokane, WA 99223
• 

  

  

  /23

  $290,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,347 Sq Ft

  4027 N Post St, Spokane, WA 99205

  Your chance to own an updated home in the heart of Spokane's sought-after North Hill neighborhood, just blocks from Garland District! Stroll to the historic Garland Theater, local coffee shops, restaurants, pubs, & neighborhood market while enjoying all the charm this classic community has to offer. This beautifully updated rancher blends timeless bungalow character w/modern conveniences.

  Melissa Barton Windermere North

  4027 N Post St, Spokane, WA 99205
• 

  

  /31

  $525,000

  $125K 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
• 

  

  /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
• 

  

  /38

  $297,500

  $28K PRICE DROP

  • 5 Beds
  • 1.5 Baths
  • 2,032 Sq Ft

  2123 E 6th Ave, Spokane, WA 99202

  SO MUCH HOUSE FOR THE PRICE! South Hill adjacent home w/ incredible value! This 5-bed, 2-bath home features over 2,000 sq/ft! Featuring a warm, inviting layout with various recent updates, abundant natural light, and multiple living areas ideal for multigenerational living, rental potential, or work-from-home flexibility. Large kitchen with brand new stainless steel appliances and gleaming

  Christopher Canning Coldwell Banker Tomlinson

  2123 E 6th Ave, Spokane, WA 99202
• 

  

  /28

  $479,800

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

  1912 W Buckeye Ave Unit s A & B, Spokane, WA 99205

  Looking a turn key, no maintenance investment that rents out quickly & easily? This is the best priced new construction duplex you’ll find in the area! These units attract great tenants at $1695-1795 per month, plus they pay all utilities (Owner only pays taxes & insurance). Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course and plenty of neighborhood amenities

  Erik Dordal Windermere City Group

  1912 W Buckeye Ave Unit s A & B, Spokane, WA 99205
• 

  

  /22

  $394,999

  $5K PRICE DROP

  • 3 Beds
  • 3 Baths
  • 1,620 Sq Ft

  3018 E Jackson Ave, Spokane, WA 99207

  Great investment opportunity with three occupied, loft-style bedroom units just minutes from Gonzaga University and Spokane Community College. Well designed layout main floor living, laundry, kitchen and bathroom. Loft space includes bedroom with walk-in closet. Private back patio and backyard space for each unit and a shared grassy front yard. 7500 sq ft lot with carport, storage shed and

  Andrew Lipsker Realty One Group Eclipse

  3018 E Jackson Ave, Spokane, WA 99207
• 

  

  /32

  $408,000

  $37K 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
• 

  

  /12

  $550,000

  • 6 Beds
  • 4 Baths

  1828 N Dakota St, Spokane, WA 99207

  Here it is, a solid investment property in the sought after GU District. This mid century brick rancher sits on a corner lot just a couple blocks from Gonzaga. The perfect solid built family home that has been converted into an over-under duplex. Each unit features 3 generous sized bedrooms and a couple of bathrooms. There may also be enough room to the south of the house for an ADU on this large

  Daniel Estelle eXp Realty, LLC

  1828 N Dakota St, Spokane, WA 99207
• 

  

  /6

  $134,000

  • Land
  • 9,583 Sq Ft
  • $609,091 per Acre

  1229 W Courtland Ave, Spokane, WA 99205

  CITY VIEW LOT! 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

  Miki Peck Windermere Manito, LLC

  1229 W Courtland Ave, Spokane, WA 99205
• 

  

  /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

  $1,250,000

  • 12 Beds
  • 8 Baths
  • 4,560 Sq Ft

  1225 E 29th Ave Unit 1301 E 29th Ave, Spokane, WA 99203

  Turnkey 4-unit multifamily investment opportunity featuring two duplexes on separate parcels. Each of the four units offers a spacious 3-bedroom, 2-bath floor plan designed for strong tenant appeal and long-term rental demand. Recent capital improvements include new roofs on both residential buildings and all garages, plus new walkways, stairwells, and four private decks, reducing future

  Trevor Windhorst Windermere Valley

  1225 E 29th Ave Unit 1301 E 29th Ave, Spokane, WA 99203
• 

  

  /36

  $200,000

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  1604 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

  1604 W Maxwell Ave, Spokane, WA 99201
• 

  

  /20

  $349,950

  $20K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 3,264 Sq Ft

  1315 E Bridgeport Ave Unit 1317, Spokane, WA 99207

  Excellent investment opportunity in Spokane! Well-maintained brick duplex featuring two 2-bed / 1 bath units with functional layouts and strong rental demand. Kitchens include appliances, and both units offer gas forced heat. Value-add opportunity with full unfinished basements—ideal for adding bedrooms, bathrooms, or expanding living space to increase rents and overall return. Convenient

  Jennifer Wagner NVEST

  1315 E Bridgeport Ave Unit 1317, Spokane, WA 99207
• 

  

  /24

  $340,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths

  1017 W Augusta Ave, Spokane, WA 99205

  Excellent investment opportunity just one block from the Monroe Street revitalization! This spacious duplex offers 3,726 square feet of living space and a strong rental history, making it an attractive addition to any investment portfolio. Each unit is separately metered for electricity and includes its own laundry hookups, helping minimize owner expenses. The lower unit features 2 bedrooms and 1

  Billy Deese Deese Real Estate

  1017 W Augusta Ave, Spokane, WA 99205
• 

  

  /14

  $529,900

  $10K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 2,731 Sq Ft

  5119 E Buckeye Ave, Spokane, WA 99217

  Nestled along the scenic banks of the Spokane River and just steps from the Centennial Trail, this well-maintained 2016-built duplex offers an exceptional investment opportunity or owner-occupant setup. Each townhouse-style unit features 3 spacious bedrooms and 2.5 bathrooms, including a primary suite with an en-suite bath for added privacy. The bright, open-concept main floor flows seamlessly

  Richard Prasser Keller Williams Spokane - Main

  5119 E Buckeye Ave, Spokane, WA 99217
• 

  

  /29

  $215,000

  • 4 Beds
  • 1 Bath
  • 1,110 Sq Ft

  619 S Ralph St, Spokane, WA 99202

  Built in 1908, this Spokane home offers a rare chance to bring new life to a classic structure with enduring character. Featuring 4 bedrooms, 1 bath, and approximately 1,110 sq ft, the layout provides a practical canvas for renovation, reimagining, or investment. Whether you’re looking to refresh and resell or create a long-term residence with personality, this property delivers solid bones and

  Carly Sweet Engel & Volkers Western Frontier

  619 S Ralph St, Spokane, WA 99202
• 

  

  /9

  $105,000

  • Land
  • 10,890 Sq Ft
  • $420,000 per Acre

  10626 E 27th Ave, Spokane, WA 99206

  Seize the opportunity to build your dream home or investment property on this versatile 0.25-acre lot in Spokane Valley! All utilities are readily available at the street, simplifying the development process. Situated in a thriving neighborhood near parks, schools, shopping, and dining, this level lot provides both convenience and accessibility. With its own parcel number and legal description,

  Adam Salas REAL Broker LLC

  10626 E 27th Ave, Spokane, WA 99206
• 

  

  /7

  $70,000

  • Land
  • 13,068 Sq Ft
  • $233,333 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
• 

  

  /18

  $349,000

  $16K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,974 Sq Ft

  1217 E Indiana Ave, Spokane, WA 99207

  Leased for the 2026–2027 school year, this Gonzaga investment property offers immediate income potential just blocks from campus. The 4 bedroom, 2 bathroom home features recent updates including newer appliances, a spacious primary suite with a 5-piece en suite bathroom, and functional living spaces designed for student housing. Outside, enjoy a sprinkler system and a detached 2-car garage.

  Holly Stockton eXp Realty, LLC

  1217 E Indiana Ave, Spokane, WA 99207
• 

  

  /23

  $399,000

  • 4 Beds
  • 3 Baths
  • 2,444 Sq Ft

  613 W Knox Ave, Spokane, WA 99205

  Cash flow awaits in this 2,446 sq. ft. tri-plex, perfectly positioned near Spokane’s booming North Bank district. Featuring 4 bedrooms and 3 bathrooms acrossthree units, this fully occupied income-producing property offers immediate rental revenue from day one with a total monthly rent of $3,540. With updatedleases and strong occupancy, it's a turnkey investment opportunity for both seasoned and

  Haydn Halsted REAL Broker LLC

  613 W Knox Ave, Spokane, WA 99205
• 

  

  /33

  $200,000

  • 2 Beds
  • 1 Bath
  • 770 Sq Ft

  1507 N Maple St, 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

  1507 N Maple St, Spokane, WA 99201
• 

  

  /41

  $395,000

  $40K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,320 Sq Ft

  3216 & 3218 N Maple St, Spokane, WA 99205

  Fantastic duplex opportunity in Spokane’s desirable Garland neighborhood! This beautifully updated home offers flexible investment options: live in one side and rent the other for instant equity and supplemental income, or rent both units for strong cash flow and excellent ROI. This flexible property is ideal for first-time investors or experienced landlords alike. These units boast recent

  Krystle Atkins Realty One Group Eclipse

  3216 & 3218 N Maple St, Spokane, WA 99205
• 

  

  /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
• 

  

  /39

  $655,000

  $5K PRICE DROP

  • 8 Beds
  • 5 Baths
  • 5,820 Sq Ft

  805 W Alice Ave, Spokane, WA 99205

  Well-maintained 5-unit investment property (3 two-bedroom units and 2 one-bedroom units) with space for an optional 6th unit, offering strong in-place income and clear upside potential. Current operations show approx. $66,554 in annual gross income and ~$47,740 NOI, with low expenses around $18,800/year. Durable brick exterior and recently replaced roof help minimize future capital expenditures.

  Jeff Hornberger The Hornberger Group, LLC

  805 W Alice Ave, Spokane, WA 99205
• 

  

  /50

  $1,300,000

  • 3 Beds
  • 1.5 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

  Richard Prasser Keller Williams Spokane - Main

  5110 N Argonne Rd, Spokane, WA 99212
• 

  

  /31

  $339,900

  • 4 Beds
  • 2 Baths
  • 1,680 Sq Ft

  2428 W College Ave, Spokane, WA 99201

  Beautifully remodeled and move-in ready, this exceptional West Central home is just one block from the vibrant Kendall Yards district. Enjoy an unbeatable lifestyle with award-winning restaurants, coffee shops, breweries, boutiques, the Centennial Trail, Riverfront Park, and downtown Spokane, all just minutes away. Inside, you'll find bright, inviting living spaces featuring luxury plank

  Justin La Torre R.H. Cooke & Associates

  2428 W College Ave, Spokane, WA 99201
• 

  

  /14

  $750,000

  $125K PRICE DROP

  • Land
  • 5 Acres
  • $150,000 per Acre

  55XX W Lawton Rd, Spokane, WA 99224

  Prime lot ready for development with up to 29 lots possible. Corner lot with two access points on paved county roads make development even easier. Within Spokane County Low Density Residential (LDR) zoning. Three preliminary plats just south of Lawton Rd demonstrate development in the area is being approved, which increases the likelihood of a subdivision project being approved on this parcel.

  Cody Kerr Coldwell Banker Tomlinson

  55XX W Lawton Rd, Spokane, WA 99224
• 

  

  /46

  $4,250,000

  $250K PRICE DROP

  • 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
• 

  

  /16

  $369,999

  2927 E Diamond Ave, Spokane, WA 99217

  Whether you're looking to expand your investment portfolio or occupy part of the home while generating rental income, this versatile property offers incredible flexibility and cash-flow potential. Currently, five of the seven bedrooms are tenant-occupied, producing $2,300 per month in rental income, providing immediate returns from day one. The remaining bedrooms offer the perfect opportunity for

  Todd Springer eXp Realty, LLC

  2927 E Diamond Ave, Spokane, WA 99217
• 

  

  /29

  $119,000

  $10K PRICE DROP

  • Land
  • 1.83 Acres
  • $65,027 per Acre

  NKA N Mountain View Ln Unit Parcel 36193.9064, Spokane, WA 99218

  New Price! Investors and builders, don’t miss this rare opportunity to purchase a 1.83-acre parcel in the heart of northwest Spokane. This property offers incredible development potential for a single-family residence, multifamily project, or investment opportunity. Per the Spokane County Building and Planning Department, the parcel is zoned Low Density Residential (LDR) and located within an

  Rheannon Androckitis Windermere Valley

  NKA N Mountain View Ln Unit Parcel 36193.9064, Spokane, WA 99218
• 

  

  /25

  $309,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,240 Sq Ft

  2520 W College Ave, Spokane, WA 99201

  Fully renovated and move-in ready! This beautifully updated home features new interior paint, flooring, fixtures, water heater, central AC, landscaping, sidewalks, and floor stabilization. Providing peace of mind and a fresh, modern feel throughout. The attic is a blank canvas to add ~600', two additional oversized bedrooms, sitting area, and bathroom (venting and lines ready to tie into).

  Ellie McIntyre Coldwell Banker Tomlinson

  2520 W College Ave, Spokane, WA 99201
• 

  

  /29

  $1,990,000

  • Land
  • 130 Acres
  • $15,308 per Acre

  10610 E Hallett, Spokane, WA 99206

  Perched above the Spokane Valley just off Dishman Mica Road, the 130± acres of “Grouse Mountain Drive” offer a rare combination of privacy, accessibility, and sweeping elevation. Passing through the gated entrance and following the paved drive, the land gradually opens into rolling terrain with multiple exceptional build sites—whether you envision a prominent hilltop home with expansive views or

  Jacob Turner Fay Ranches-Washington

  

  10610 E Hallett, Spokane, WA 99206
• 

  

  /13

  $1,300,000

  • 15 Beds
  • 9 Baths
  • 6,570 Sq Ft

  1332 W Garland Ave, Spokane, WA 99205

  3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane’s Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable

  Peter Clark The Paragon Group

  

  1332 W Garland Ave, Spokane, WA 99205
• 

  

  /37

  $250,000

  $20K PRICE DROP

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

  5108 E Grace Ave, Spokane, WA 99217

  Spacious 3 bed, 2 bath home on its own 0.17-acre 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, biking,

  Devante Dickerson REAL Broker LLC

  5108 E Grace Ave, Spokane, WA 99217
• 

  

  /7

  $35,000

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

  

  /30

  $365,000

  • 4 Beds
  • 2 Baths
  • 2,368 Sq Ft

  2023 W Sharp Ave, Spokane, WA 99201

  Exciting West Central home ownership / investment opportunity just 7 minutes from Gonzaga University! This inviting, lovingly-maintained, move-in-ready Craftsman home welcomes you with a wide porch and sunny yard. The bright interior with updated windows and flooring has a great layout complete with main floor primary bed and bath, spacious dining room, main floor laundry, and remaining three

  Mikayla Hoffman Realty One Group Eclipse

  2023 W Sharp Ave, Spokane, WA 99201

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