Investment - Homes for Sale in Spokane, WA

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  /2

  $165,000

  • Land
  • 14.08 Acres
  • $11,719 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
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  /12

  $1,799,000

  • Land
  • 257.2 Acres
  • $6,995 per Acre

  XX257 S Hayford Rd Unit 5802 N Hayford Rd, Spokane, WA 99224

  A rare 257 acre opportunity just west of Spokane (2 lots), offering unmatched natural beauty, sweeping view sites, and extraordinary development potential. This expansive, untouched landscape blends rolling hills, and elevated vantage points—ideal for luxury estates, recreational retreats, or long term investment. Minutes from downtown Spokane, Riverside State Park, Northern Quest, Spokane Tribe

  Patrick McHenry-Kroetch Tamarack Realty

  XX257 S Hayford Rd Unit 5802 N Hayford Rd, Spokane, WA 99224
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  /5

  $569,000

  • 7 Beds
  • 4 Baths

  811 W Spofford Ave, Spokane, WA 99205

  811 W Spofford Ave is a four-unit investment property offering strong income potential in a convenient Spokane location. Situated near downtown, shopping, schools, and public transit, this multi-family property is ideal for investors or owner-occupants seeking steady cash flow and long-term value. With functional layouts, off-street parking, and strong rental demand in the area, this is a great

  Shaun Flanigan Windermere Manito, LLC

  811 W Spofford Ave, Spokane, WA 99205
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  /13

  $54,500

  $11K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $454,167 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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  /4

  $995,000

  $80K PRICE DROP

  • 12 Beds
  • 8 Baths

  104 S Oak St, Spokane, WA 99201

  8-unit investment opportunity in the highly desirable Browne’s Addition neighborhood. Property features a strong unit mix of four 1-bed and four 2-bed units, totaling approximately 5,397 SF on a 5,350 SF lot. Built in 1939, this asset offers consistent rental demand in a prime location near downtown Spokane, dining, shopping, and transit. Amenities include on-site laundry and six garages,

  Dallas Lightner LT Real Estate

  104 S Oak St, Spokane, WA 99201
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  /24

  $500,000

  • 2,730 Sq Ft

  1423 N Post St, Spokane, WA 99201

  Great investment opportunity. Just minutes from downtown and Spokane Arena. 4 unit complex with plenty of opportunity left. Fresh exterior paint. Don't miss your opportunity on this property.

  Billy Deese Deese Real Estate

  1423 N Post St, Spokane, WA 99201
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  /32

  $849,900

  $50K PRICE DROP

  • 6 Beds
  • 5 Baths

  1708 W Gardner Ave, Spokane, WA 99201

  Exceptional multifamily investment opportunity in North Spokane! This income-producing 7-plex offers strong cash flow, stable rental income, and excellent upside potential in a high-demand rental market. Featuring a desirable unit mix with spacious floor plans and functional layouts, this property is designed to attract and retain quality tenants. Ample off-street parking, low-maintenance

  Lenae Thornton Keller Williams Spokane - Main

  1708 W Gardner Ave, Spokane, WA 99201
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  /50

  $1,150,000

  • 4 Beds
  • 3.5 Baths
  • 5,114 Sq Ft

  8225 S Regal Rd, Spokane, WA 99223

  Park-like Paradise on the Palouse! Private and open with a view, this 2003 rebuilt craftsman treasure offers a rare opportunity in a highly desirable area with a rural feel yet minutes to schools, amenities, downtown, hospitals & airport. This craftsman offers a great investment opportunity with 2 parcels & 2 wells with a beautiful view of the gardens over the Palouse. Whether you are seeking a

  Lisa Thome John L Scott, Inc.

  8225 S Regal Rd, Spokane, WA 99223
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  /43

  $669,000

  • 4 Beds
  • 4 Baths
  • 3,016 Sq Ft

  Unlisted Address

  South Hill Fourplex on nearly half an acre. Potential to parcel and develop portion of land to the west. All units are separately metered with updated service. This property has opportunity for additional income and value. Finished space that may convert to a fifth unit in the main home. The property and grounds are private and centrally located. Four well kept units with updates to kitchens and

  Dan McLaughlin Windermere Manito, LLC

  Unlisted Address
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  /11

  $1,250,000

  $250K PRICE DROP

  • Land
  • 3.52 Acres
  • $355,114 per Acre

  2104 S Cherry Ln, Spokane, WA 99223

  Rare South Hill development opportunity on highly coveted Cherry Lane! This exceptional 3.52-acre parcel offers preliminary potential to subdivide into up to 24 lots in one of Spokane’s most desirable and established areas. One of the last remaining large subdividable parcels on the South Hill, opportunities like this are increasingly rare and may never come again. Ideally located just 10 minutes

  Darby Nicholson Windermere Liberty Lake

  2104 S Cherry Ln, Spokane, WA 99223
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  /19

  $295,000

  • 3 Beds
  • 1 Bath
  • 1,056 Sq Ft

  1827 W College Ave, Spokane, WA 99201

  Looking for affordable, low-maintenance living close to everything Spokane has to offer? This beautifully updated 3-bedroom, 1-bath home offers the convenience of one-level living with a functional, move-in-ready layout. Recent updates throughout the home provide modern comfort, while the kitchen is equipped with stainless steel appliances that add both style and functionality. Outside, you'll

  Lisa Peters Amplify Real Estate Services

  1827 W College Ave, Spokane, WA 99201
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  /24

  $275,000

  $25K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,860 Sq Ft

  1011 E Augusta Ave, Spokane, WA 99207

  Gonzaga-area rental property just a handful of blocks from GU and very conveniently located near grocery stores, restaurants, and coffee shops. This 4 bed, 1 bath home has 3 main floor bedrooms with tall ceilings. Upstairs is the large 4th bedroom and secondary family room w/ plenty of room for a 2nd bathroom. Just inside the front door is a huge enclosed porch that provides additional finished

  Bryan Swanson Keller Williams Spokane - Main

  1011 E Augusta Ave, Spokane, WA 99207
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  /45

  $320,000

  • 6 Beds
  • 3 Baths
  • 1,260 Sq Ft

  2422 W Sinto Ave, Spokane, WA 99201

  Amazing Investment Opportunity! 2 Homes On One Lot with RV Parking! Lot can be subdivided! Do not miss these 2 single story homes that can be used either as ADU, multi family, or mother in law. Each home is over 600 square feet with 2 bedrooms and 1 bathroom. Conveniently located 5 minutes from Downtown Spokane and 2 minutes from Spokane River. Churches, schools, parks, shopping, and

  Vitaliy Tanchin Source Real Estate

  2422 W Sinto Ave, Spokane, WA 99201
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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

  $80,000

  $20K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $470,588 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
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  /42

  $975,000

  $20K PRICE DROP

  • 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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  /11

  $39,000

  $10K PRICE DROP

  • Land
  • 6,969 Sq Ft
  • $243,750 per Acre

  1915 W 27th Ave, Spokane, WA 99224

  Buildable 0.16-acre residential lot offering an opportunity for a custom home or investment project. Utilities are stubbed to the lot, providing a head start for future development. Located within an established Spokane neighborhood with convenient access to downtown, major commuter routes, shopping, dining, parks, and everyday amenities. Whether you're a builder, investor, or planning your next

  Elizabeth Boykin Keller Williams Spokane - Main

  1915 W 27th Ave, Spokane, WA 99224
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  /12

  $725,000

  $25K PRICE DROP

  • 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

  $825,000

  $174K PRICE DROP

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

  1608 E Hartson Ave, Spokane, WA 99202

  New Price! Below 2027 SC Appraisal. 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,

  John Baker CENTURY 21 Beutler & Associates

  1608 E Hartson Ave, Spokane, WA 99202
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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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  /14

  $89,990

  $10K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $692,231 per Acre

  1222 E Marietta Ave, Spokane, WA 99207

  Incredible opportunity to build in one of Spokane’s fastest-growing areas. Whether you’re looking to build a single-family home or create an investment property with this approved for multi-family parcel, take advantage of the flexibility this lot offers, the possibilities are endless. Located just minutes from Gonzaga University and with easy access to public transportation, this property is

  Taylor Dimov The Experience Northwest

  1222 E Marietta Ave, Spokane, WA 99207
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  /38

  $419,000

  • 3 Beds
  • 2 Baths

  511 W 14th Ave, Spokane, WA 99204

  Charming South Hill Duplex built in 1908 offering 3,130 square feet of classic character and investment potential. This well-maintained property features two spacious units, with the ground-floor unit enjoying access to the full basement—partially finished and ideal for additional living space, storage, or future customization. Tenants appreciate the shared private backyard and detached garage

  Danny Pontius RE/MAX Citibrokers

  511 W 14th Ave, Spokane, WA 99204
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  /10

  $58,500

  $17K PRICE DROP

  • Land
  • 12,632 Sq Ft
  • $201,724 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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  /35

  $509,000

  New Construction

  • 4 Beds
  • 3 Baths
  • 1,756 Sq Ft

  5397 N Lincoln St Unit 5399 N Lincoln St, Spokane, WA 99205

  Brand-new 2-unit home, now complete, with a potential effective monthly payment around $1,300 when living in the 1 bedroom unit! This beautifully finished home has 2 distinct units: a 3 bed, 2 bath with a tenant already in place (paying $1,995/month plus all utilities); and a comfortably sized 1 bed / 1 bath residence. That's built-in income covering the bulk of your payment from day one!

  Erik Dordal Windermere City Group

  5397 N Lincoln St Unit 5399 N Lincoln St, Spokane, WA 99205
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  /50

  $519,997

  $20K PRICE DROP

  • 6 Beds
  • 3 Baths

  903 W Hawthorne Rd, Spokane, WA 99218

  Spacious 3-level home directly across from Whitworth University! Featuring 6 bedrooms, 3 bathrooms, a 2-car garage, RV parking with off street parking, and a private backyard with a covered patio. All appliances stay, and the hot water heater was recently replaced. Move-in ready and perfect for a large family or investment property within the Mead school district!

  Laura Krauth Amplify Real Estate Services

  903 W Hawthorne Rd, Spokane, WA 99218
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  /33

  $270,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,434 Sq Ft

  427 E Euclid Ave, Spokane, WA 99207

  Classic Craftsman bungalow full of character and timeless appeal! Situated on a corner lot, this 3-bedroom, 2-bath home showcases hardwood floors, original Craftsman details, and historic charm throughout. A welcoming covered porch leads to a spacious foyer and inviting entryway. The oversized dining room features a stunning bay window, creating the perfect space for entertaining and gatherings,

  Michelle Dickerson Coldwell Banker Tomlinson

  427 E Euclid Ave, Spokane, WA 99207
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  /34

  $275,000

  $10K PRICE DROP

  • 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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  /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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  /36

  $350,000

  • 4 Beds
  • 2 Baths
  • 2,041 Sq Ft

  1326 N Wall St, Spokane, WA 99201

  Turn the key & unlock endless possibilities. Completely remodeled in 2026, this stunning 4 bed, 2 bath home offers exceptional style, versatility & investment potential. Spacious living areas are filled with natural light, while every cosmetic detail has been updated. Peace-of-mind improvements include updated plumbing & electrical, a new high-efficiency furnace, new composition roof, all-new

  Erica Laucius Prime Real Estate Group

  1326 N Wall St, Spokane, WA 99201
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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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  /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
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  /24

  $215,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 704 Sq Ft

  6202 N Astor St, Spokane, WA 99208

  Short sale, subject to lender approval. Charming 2-bedroom, 1-bath home in a convenient location close to shopping, dining, parks, and everyday amenities. This inviting home features the convenience of main-floor laundry, newer vinyl siding, and a newer roof for added peace of mind. Step outside to enjoy the fully fenced backyard, perfect for pets, gardening, or entertaining, along with a covered

  Seth Maefsky Keller Williams Realty Coeur d

  6202 N Astor St, Spokane, WA 99208
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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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  /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
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  /31

  $399,900

  $10K PRICE DROP

  • 5 Beds
  • 2 Baths
  • 2,724 Sq Ft

  2427 N Standard St, Spokane, WA 99207

  This beautifully remodeled Victorian style 5-bedroom, 2-bath home with a partial wrap around porch offers the perfect blend of modern updates and everyday comfort. Nearly everything is new, including the roof, kitchen, bathrooms, appliances, interior paint, and flooring throughout, making this home truly move-in ready. The spacious floor plan features five bedrooms and two full bathrooms,

  Susan Evans Amplify Real Estate Services

  2427 N Standard St, Spokane, WA 99207
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  /44

  $565,000

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

  2407 E Columbia Ave Unit 2409, Spokane, WA 99208

  3.625% ASSUMABLE LOAN with lender approval!!! NVESTOR OPPORTUNITY awaits with this exceptional duplex investment! Live in one side and rent the other, or maximize your income by renting both units. Each spacious unit features 3 bedrooms, 2 bathrooms, plus upper and lower living levels with a huge family room, providing plenty of room for comfortable living. The 2409 unit has been beautifully

  Dana Pendergrass REAL Broker LLC

  2407 E Columbia Ave Unit 2409, Spokane, WA 99208
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  /50

  $480,000

  • 4 Beds
  • 2 Baths
  • 1,677 Sq Ft

  5122 S Freya St, Spokane, WA 99223

  Back on Market at no fault of seller! Welcome to this South Hill opportunity offering the perfect blend of comfort, character, & income potential. Nestled on a beautifully maintained lot & fully fenced, this property provides privacy, space, & a peaceful setting that's hard to find. Step outside and enjoy the brand-new Trex deck overlooking the tranquil water feature, complete with a new

  Michael Brunner The Experience Northwest

  5122 S Freya St, Spokane, WA 99223
• 

  

  /50

  $650,000

  • 5 Beds
  • 3 Baths
  • 4,232 Sq Ft

  2828 W Thorpe Rd, Spokane, WA 99224

  Escape to the peace and privacy of country living without sacrificing the convenience of the city! Situated on 6.82 beautiful acres, this 5-bedroom, 3-bathroom home offers the perfect blend of open space and easy access to downtown Spokane, shopping, dining, schools, and everyday amenities. The property features a detached garage, a barn with a newer metal roof, acres of horse-friendly land with

  Kellie Herring Keller Williams Spokane - Main

  2828 W Thorpe Rd, Spokane, WA 99224

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