Investment - Homes for Sale in Spokane, WA

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  /12

  $395,000

  $55K PRICE DROP

  • 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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  /26

  $179,900

  $20K PRICE DROP

  • 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
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  /11

  $100,000

  • Land
  • 7,405 Sq Ft
  • $588,235 per Acre

  5108 E Grace Ave, Spokane, WA 99217

  Level 0.17-acre vacant lot just off Upriver Dr in an established Spokane neighborhood. Offering a great opportunity for a custom home, spec build, or investment project. Utilities available in the street for added convenience. Enjoy a convenient location near the Spokane River, Centennial Trail, Esmeralda Golf Course, and Spokane Community College, with easy access to outdoor recreation including

  Devante Dickerson REAL Broker LLC

  5108 E Grace Ave, Spokane, WA 99217
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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
• 

  

  

  /21

  $379,950

  $20K PRICE DROP

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

  110 E Longfellow Ave, Spokane, WA 99207

  Discover this exquisite, beautiful, low-maintenance 2,112 sq/ft duplex investment in a prime location near the North Town Mall. Each unit offers a spacious 2-bedroom, 1-bathroom layout accompanied by one covered carport. The first level has a large living space, stainless steel appliances, and a spacious kitchen with a slider to the deck overlooking the neighborhood. The bedrooms and bathroom are

  Terry Vo John L. Scott, Inc

  

  110 E Longfellow Ave, Spokane, WA 99207
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  /42

  $995,000

  • 12 Beds
  • 4 Baths
  • 4,234 Sq Ft

  303 E Augusta Ave, Spokane, WA 99207

  An exceptional investment opportunity just blocks from Gonzaga University. This student rental property includes two attached homes with strong rental history and leases secured for the 2026–2027 school year, generating $6,490/month in gross income. The front home is a character-filled 1899 Craftsman offering 5 bedrooms and 2 bathrooms. Attached behind, the newer 2006-built residence features 7

  Holly Stockton eXp Realty, LLC

  303 E Augusta Ave, Spokane, WA 99207
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  /12

  $750,000

  • 5 Beds
  • 5 Baths
  • 3,040 Sq Ft

  1824 W 2nd Ave, Spokane, WA 99201

  Excellent investment opportunity in Spokane’s highly desirable Browne’s Addition neighborhood. This two-story multifamily property comprises five 1 bed, 1 bath units, each offering strong rental appeal in one of the city’s most established and walkable areas. Each unit blends historic character with functional layouts, including original hardwood floors, abundant natural light, and decorative

  Ryan Towner LT Real Estate

  1824 W 2nd Ave, Spokane, WA 99201
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  /28

  $860,000

  $139K PRICE DROP

  • 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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  /21

  $325,000

  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft

  864 S Sherman St Unit 876, Spokane, WA 99202

  GREAT INVESTMENT OPPORTUNITY: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants.

  Rich King Keller Williams Spokane - Main

  864 S Sherman St Unit 876, Spokane, WA 99202
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  /8

  $100,000

  • 1 Bed
  • 1 Bath
  • 550 Sq Ft

  1127 W Gordon Ave, Spokane, WA 99205

  Opportunity knocks steps away from the Garland District. This property is ideal for investors, flippers, or developers looking to unlock value in a rapidly evolving area. The existing home offers potential for renovation, rental income, or redevelopment, while the lot itself presents exciting possibilities for future use. Adjacent parcel at 1133 W Gordon is also available, creating a rare chance

  Scott Heyamoto eXp Realty, LLC

  1127 W Gordon Ave, Spokane, WA 99205
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  /50

  $800,000

  • 8 Beds
  • 4 Baths
  • 3,892 Sq Ft

  2109 W Pacific Ave, Spokane, WA 99201

  Stunning, fully renovated 5-plex in the heart of Browne’s Addition! Prime location a block from several restaurants including, The Elk. Also close to Coeur d'Alene Park & Grocery store, w/ quick access to downtown Spokane & I-90. All units updated w/ modern finishes, new appliances & remodeled interiors. Strong rental history = excellent turnkey investment. Unit mix: Four 2bd/1ba + one

  Jill Klinke Windermere Manito, LLC

  2109 W Pacific Ave, Spokane, WA 99201
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  /10

  $75,000

  • Land
  • 12,632 Sq Ft
  • $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

  $550,000

  • Land
  • 1.56 Acres
  • $352,564 per Acre

  n/a N Woodruff Rd, Spokane, WA 99206

  Discover a rare opportunity in one of Spokane Valley’s most desirable locations. This 1.5-acre vacant parcel offers a completely unimproved, blank canvas. Ideal for builders, developers, or investors looking to bring a vision to life without the cost of removing old structures or landscaping. The level terrain and open layout make planning straightforward, whether you’re considering a multi-unit

  Cindy Carrigan REAL Broker LLC

  n/a N Woodruff Rd, Spokane, WA 99206
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  /3

  $125,000

  • Land
  • 11,325 Sq Ft
  • $480,769 per Acre

  13814 E Wellesley Ave, Spokane, WA 99216

  Spokane Valley spacious 0.26-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 and unmatched freedom to bring your vision to life. A massive value-add to the property is the existing 24x30 shop, perfect for projects, storage, or a hobbies. The shop comes equipped with roof-mounted solar panels

  Zach Wimberly Avalon 24 Real Estate

  13814 E Wellesley Ave, Spokane, WA 99216
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  /27

  $669,950

  $30K PRICE DROP

  • 6 Beds
  • 6 Baths
  • 3,000 Sq Ft

  420 E Euclid Ave, Spokane, WA 99207

  Rare investment opportunity: brand-new duplex located just minutes from the University District, SCC and downtown shopping & dining. This asset is a dream for investors or those seeking a house-hack opportunity, live in one side while the other pays your mortgage! Each unit includes their own garage with a large driveway space, rear additional parking, plus private fenced backyards with gated

  Jared Urbick Kelly Right Real Estate of Spokane

  420 E Euclid Ave, Spokane, WA 99207
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  /34

  $285,000

  • 2 Beds
  • 2 Baths
  • 997 Sq Ft

  7125 N Crestline St Unit 2, Spokane, WA 99217

  Built in 2019, this newer single-level home offers easy living with quality finishes and low-maintenance convenience in Crestline Mews. With 997 sqft, this home is ideal for a first-time buyer, downsizer, or investment property. Inside, you’ll find beautiful hardwood floors, granite countertops, stainless steel appliances, a gas range, ductless heating, and a tankless hot water heater. The

  Matt Keenan eXp Realty 4 Degrees

  7125 N Crestline St Unit 2, Spokane, WA 99217
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  /50

  $1,099,999

  • 8 Beds
  • 6 Baths
  • 4,060 Sq Ft

  8417 E Upriver Dr, Spokane, WA 99212

  Discover an incredibly unique opportunity on a full acre! This versatile property features 3 separate living spaces, making it ideal for multi-generational living, rental income, home-based business opportunities, or investment potential. The main residence, built in 2017, offers over 2,800 sq ft with 4 bedrooms & 3 bathrooms, including a private in-law setup with its own bedroom, bathroom, &

  Shelly Weiland Coldwell Banker Tomlinson

  8417 E Upriver Dr, Spokane, WA 99212
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  /33

  $1,100,000

  $25K PRICE DROP

  • 4,898 Sq Ft

  5012 N Regal St, Spokane, WA 99217

  Spokane Investment Opportunity - 9-unit studio apartment building plus a separate 1-bedroom, 1-bath single-family residence, situated on a single parcel, in a centrally located Spokane neighborhood near downtown. Each unit is designed for low-maintenance living and strong tenant appeal. Convenient access to downtown, shopping, dining, and public transportation enhances long-term rental demand and

  Ryan Towner LT Real Estate

  5012 N Regal St, Spokane, WA 99217
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  /39

  $125,000

  • Land
  • 5,662 Sq Ft
  • $961,538 per Acre

  1222 E Marietta Ave, Spokane, WA 99207

  A rare opportunity to build exactly what you envision in a high-demand Spokane location. This ready-to-build lot offers a true blank slate for buyers, whether you're planning a single-family home, exploring multifamily development, or creating a long-term investment property. The surrounding neighborhood continues to see exciting growth with new restaurants, shops, and gathering spots opening

  Ben Olney Windermere City Group

  1222 E Marietta Ave, Spokane, WA 99207
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  /14

  $399,000

  • 5 Beds
  • 2 Baths
  • 2,218 Sq Ft

  608 E Nora Ave, Spokane, WA 99207

  Just a few blocks from Gonzaga University, this 5 bedroom, 2.5 bathroom investment property offers a prime opportunity to own a fully leased student rental in one of Spokane’s strongest rental markets. Currently leased for the 2026–2027 school year at $2,600/month gross rent, this property provides immediate income with consistent demand driven by its close proximity to campus. Updates include a

  Holly Stockton eXp Realty, LLC

  608 E Nora Ave, Spokane, WA 99207
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  /24

  $379,900

  • 3 Beds
  • 2 Baths
  • 1,956 Sq Ft

  4323 N Wall St, Spokane, WA 99205

  Garland District charmer is just one block south of the Wall St. Diner and across from Willard Elementary School. Adorable brick bungalow has 3 bedrooms, 2 bathrooms, newer roof, original hardwood floors, electric fireplace and high-efficiency gas furnace with central air. Updated kitchen features granite counters & stainless appliances. Basement bedroom has an egress window and closet with

  Dyer Davis Windermere North

  4323 N Wall St, Spokane, WA 99205
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  /21

  $249,900

  $15K PRICE DROP

  2009 W Mansfield Ave, Spokane, WA 99205

  Welcome to this beautifully updated 2-bedroom, 1-bath home offering stylish and efficient living. Inside, you’ll find a fresh, modern feel with new flooring and updated paint, and a thoughtfully refreshed kitchen and living area that makes the space feel both comfortable and move-in ready. The functional layout maximizes every square foot, creating a bright and inviting home that lives larger

  Elizabeth Beard eXp Realty, LLC

  2009 W Mansfield Ave, Spokane, WA 99205
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  /12

  $680,000

  • 8 Beds
  • 4 Baths

  1511 W Euclid Ave, Spokane, WA 99205

  Excellent investment opportunity featuring a portfolio of two well-maintained side-by-side duplexes with strong pride of ownership and great rental history. Together, the properties offer four total units with functional floor plans just under 800 SF each, featuring 2 bedrooms, 1 bathroom, in-unit laundry, and A/C units — desirable amenities that support strong tenant appeal. Several units have

  Derek Raivio LT Real Estate

  1511 W Euclid Ave, Spokane, WA 99205
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  /39

  $1,295,000

  $55K PRICE DROP

  • 16 Beds
  • 8 Baths
  • 8,370 Sq Ft

  3222 N Madison St, Spokane, WA 99205

  Well-maintained 8-unit investment opportunity consisting of two 4-plexes on separate residential parcels, offering the possibility of residential financing with more favorable terms than typical commercial loans, subject to buyer’s lender. Each unit features a spacious 2 bed / 1 bath layout of approximately 1000 SF with washer/dryer hookups—larger than typical Spokane rentals—supporting strong

  Jeff Hornberger The Hornberger Group, LLC

  3222 N Madison St, Spokane, WA 99205
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  /12

  $220,000

  • 4 Beds
  • 1 Bath
  • 1,926 Sq Ft

  1017 W Dalton Ave, Spokane, WA 99205

  Vintage 1.5-story investment opportunity in the Monroe Street area, offering 4 bedrooms, 1 bath, and solid upside for an investor or buyer looking to add value. This tenant-occupied home has a strong rental history, with long-term tenants who have paid on time consistently and would like to remain. With its character and income potential this property offers plenty of options for the next owner.

  Matt Brunner REAL Broker LLC

  1017 W Dalton Ave, Spokane, WA 99205
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  /25

  $599,000

  • 8 Beds
  • 8 Baths
  • 3,888 Sq Ft

  8737 N Colton St, Spokane, WA 99218

  Great investment opportunity featuring a fully occupied 4-plex in North Spokane within the sought-after Mead School District. Offering strong rental history, immediate income, and future upside potential, this property presents an attractive value-add opportunity in a highly rentable location. Each spacious 2 bed, 2 bath unit includes in-unit laundry, individual A/C, private one-car garages, and

  Luke Mischke Coldwell Banker Tomlinson

  8737 N Colton St, Spokane, WA 99218
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  /31

  $190,000

  • 1 Bed
  • 1 Bath
  • 730 Sq Ft

  1133 W Gordon Ave, Spokane, WA 99205

  Opportunity knocks steps away from the Garland District. This property is ideal for investors, flippers, or developers looking to unlock value in a rapidly evolving area. The existing home offers potential for renovation, rental income, or redevelopment, while the lot itself presents exciting possibilities for future use. Adjacent parcel at 1127 W Gordon is also available, creating a rare chance

  Scott Heyamoto eXp Realty, LLC

  1133 W Gordon Ave, Spokane, WA 99205
• 

  

  /23

  $300,000

  • Land
  • 32,670 Sq Ft
  • $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

  $425,000

  • 5 Beds
  • 2 Baths
  • 2,600 Sq Ft

  808 E Mission Ave, Spokane, WA 99202

  TENANT OCCUPIED UNTIL MAY 20, 2026. Great Investment opportunity in the Logan neighborhood. Just a few blocks from Gonzaga, this house has been rented to GU students with virtually no vacancy for 20 years! This solid brick rancher has 5 bedrooms and would be easy to make it a 6 bed, 2 bath rental for increased passive income. 30 yr roof installed in 2016.

  Bryan Swanson Keller Williams Spokane - Main

  808 E Mission Ave, Spokane, WA 99202
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  /30

  $659,000

  $91K PRICE DROP

  • 6 Beds
  • 4 Baths
  • 2,484 Sq Ft

  412 / 414 N Pierce Rd, Spokane Valley, WA 99223

  Rare opportunity to own this thoughtfully designed and well maintained zero-step one level duplex offering comfort, convenience and exceptional investment potential. This modern income-producing home features luxury vinyl plank flooring, soaring vaulted ceilings, expansive windows and an abundance of natural light throughout. The bright open kitchen showcases stylish cabinetry, sleek surfaces,

  Shane Delaney Coldwell Banker Tomlinson

  412 / 414 N Pierce Rd, Spokane Valley, WA 99223
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  /48

  $299,999

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

  1528 E Boone Ave, Spokane, WA 99202

  Investment Opportunity! Well-maintained property with Accessory Dwelling Unit near Gonzaga University. The main home features a large living/dining area, updated kitchen, primary suite with full bath, additional bedroom, guest bath, wood stove, utility closet, and a beautifully landscaped, fenced yard. The accessory unit includes a private entrance, bathroom, kitchenette, bedroom, and balcony

  Dana Woodard Real Estate Marketplace NW,Inc

  1528 E Boone Ave, Spokane, WA 99202
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  /34

  $450,000

  • 4 Beds
  • 2 Baths
  • 2,296 Sq Ft

  3303 E 35th Ave, Spokane, WA 99223

  Great investment opportunity on a large .43-acre lot with potential to split into three 50x124 lots. Tucked into a quiet South Hill neighborhood, this property stands out with the beautiful treed median running down the center of 35th Avenue. The main floor offers a bright, open living room with a bay window, sunroom, two bedrooms with hardwood floors, a full bath, and convenient main-floor

  Carolyn Harbolt Coldwell Banker Tomlinson

  3303 E 35th Ave, Spokane, WA 99223
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  /50

  $450,000

  • 4 Beds
  • 3 Baths
  • 2,294 Sq Ft

  2016 W Gardner Ave, Spokane, WA 99201

  Fully renovated Spokane triplex just a half mile from Kendall Yards, Uprise Brewing, Hello Sugar, and Maryhill Winery. Prime investment property near downtown Spokane with modern updates throughout. Each unit features new kitchens, appliances, LVP flooring, carpet, paint, and hot water heaters. Major upgrades include full electrical rewire with new grounded circuits, AFCI/GFCI protection, new

  Lara Ramsay Amplify Real Estate Services

  2016 W Gardner Ave, Spokane, WA 99201
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  /20

  $1,790,000

  • 19 Beds
  • 10 Baths
  • 7,950 Sq Ft

  6511 N Atlantic St, Spokane, WA 99208

  Incredible opportunity to acquire this 10-unit apartment located across the retail plaza of N Division and Francis, near NorthTown Mall & city amenities. This 7,950 sq/ft building is situated on a 150'x128' lot and features 10 units across two levels, plus covered parking and a front yard with sprinkler system. Nine units are 750 sq/ft 2 bed/1 bath, and one is 550 sq/ft 1 bed/1 bath. All ten

  Jared Urbick Kelly Right Real Estate of Spokane

  6511 N Atlantic St, Spokane, WA 99208
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  /7

  $110,000

  $8K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $687,500 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 Plante's Ferry Sports Complex and all other Spokane Valley amenities. Have questions or want information on other available lots?

  Zach Wimberly Avalon 24 Real Estate

  4715 N Evergreen Rd, Spokane, WA 99216
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  /35

  $150,000

  • Land
  • 10.09 Acres
  • $14,866 per Acre

  00C N Ritchey Rd, Spokane, WA 99224

  10 private acres conveniently located approximately 15 mins from Francis in North Spokane, 15 mins to Airway Heights, and Just 25 mins to downtown Spokane. The Property has sweeping views of the horizon. Great building locations for daylight basement with views or tucked in trees for privacy. The lots on both sides of this one, have wells drilled that are 15 GPMs and 75gpms! Lot has road frontage

  Riley Price REAL Broker LLC

  00C N Ritchey Rd, Spokane, WA 99224
• 

  

  /36

  $519,000

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

  3613 E 8th Ave Unit 3615, Spokane, WA 99202

  FULLY leased New construction single level duplex! At $20,000 under appraised value, the “Flex Duplex” by Urban Empire Homes is a smart choice for your next investment. These units attract great residents and rent out extremely fast. 2 distinct units: a 3 bed/2 bath unit in the front (1 BR is den/flex space but could be made a legal 3rd bed); & a 1 bed/1 bath unit in the back. The return on these

  Erik Dordal Windermere City Group

  3613 E 8th Ave Unit 3615, Spokane, WA 99202
• 

  

  /11

  $170,000

  • Land
  • 12,632 Sq Ft
  • $586,207 per Acre

  1326 N Calispel St, Spokane, WA 99201

  Excellent development opportunity on this centrally located Spokane lot. Generous lot size compared to surrounding parcels provides flexibility for building, investment, or future development. Close to downtown, shopping, medical facilities, and public transportation. Zoned for potential residential or office use (buyer to verify permitted uses). Flat, usable lot with strong investment potential

  Kenneth Brangwin Kelly Right Real Estate of Spokane

  1326 N Calispel St, Spokane, WA 99201
• 

  

  /23

  $300,000

  • Land
  • 32,670 Sq Ft
  • $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
• 

  

  /38

  $599,000

  • 10 Beds
  • 6 Baths

  802 E Baldwin Ave, Spokane, WA 99207

  Looking for a great cash flowing property? Look no further!! This six unit complex includes on 3 bed 1 bath, two 2 bed 1 bath, two 1 bed 1 bath and one studio unit!! Lots of upside, but great as is. Attached garage, nice yard and great area for rental. Don't miss your opportunity to get a great investment property!!

  Billy Deese Deese Real Estate

  802 E Baldwin Ave, Spokane, WA 99207

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