Courtesy: Coldwell Banker Tomlinson
509-921-7400
Dale Smith
Here is your opportunity to add to your investment portfolio in Spokane Valley with this side by side duplex on a cul-de-sac with commercial zoning (RC). This property has 2-beds & 1-bath per unit with an attached 2-car carport plus extra, individual storage spaces. Each unit includes appliances, a fenced back yard, storage areas & yard sprinklers. The commercial zoning & the lot size offer other potential income and development opportunities. There is plenty of off-street parking in this private, yet convenient location close to services & transportation. Don't miss out on the chance to invest in Spokane Valley.
Investor Alert! Don't miss this investment opportunity with two fourplexes (8 UNITS total) on two separate parcels in a prime Spokane Valley location with preliminary plat approval for two additional duplex units! Property features 6 units with 2bd/1ba and 2 units with 1bd/1ba, generating approximately $100,000 in gross annual income. On-site shared laundry room with machines included. Additional storage lock-offs attached. Located near Browns Park, University High School, and public transportation. Many improvements over the years including updated siding, roofing, windows, and irrigation. Showings available with accepted offer. Seller is a licensed broker.
Built in 2019, this modern Spokane Valley duplex offers a sleek and low-maintenance investment opportunity. Each side features 2 bedrooms, 2 bathrooms, and open-concept living with high-end finishes, stainless steel appliances, and durable LVP flooring. Both units are fully leased, providing immediate income for investors. Located in a quiet, convenient neighborhood close to shopping, dining, and freeway access — this property combines style, functionality, and strong rental potential.
Felts Townhomes is a 12-unit, two-story townhome property in Spokane Valley near Dishman Hills. The property features newer construction, with eight units built in 2016 and four additional units completed in 2025, offering modern systems and low maintenance. Each townhome includes LVP flooring, stainless steel appliances, hard-surface countertops, ductless heating and cooling, in-unit washer and dryer, private patios, and covered carport parking. The property is in an investor-friendly location with lower utility costs, tenant-paid garbage, a 90-day rent increase notice period, and fewer regulations than the City of Spokane. Strong rental demand is driven by access to I-90, schools, parks, and nearby employment, supported by average household incomes of approximately $152,588 within one mile. In-place rents average $1,646 versus estimated market rents of $1,750, offering immediate upside. Separate parcels allow flexibility to sell up to four units individually.
BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. These are high-end, luxury units with a modern design that features many upgrades including: stainless appliance package, durable LVP flooring, and granite counters throughout. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential. Rents range from $2050 to $2400 a month, average is $2150. Gross rents are $15,300 a month.
Owner occupied ok! Brand new duplex in the heart of the Spokane Valley on a dead end road. Desirable 2 story floor plan. 3 bedrooms, 2.5 baths and a 1 car garage each unit. Estimated rents $2,400 per month each unit. Appliances and landscaping included. This is the perfect, low maintenance multi-family property for your investment portfolio -or- live in one side and rent the other. Estimated completion to be September 2025.
2021-symmetrical, side by side Duplex. Awesome upgrades, excellent valley location with highly desirable West Valley School Dist. Both units are currently rented with great cash flow. Each unit offers the following; 2 car full size garage, 3 large bedrooms, main bedroom has huge walk-in closet, 3 bathrooms, large windows in living and open kitchen design, mud room/ laundry access from garage, HVA/C Gas, fully fenced, sprinkler system. Tenants love the easy location for work-life travel. Lot is large enough to add a shop or other storage for added income. All appliances stay with units. Great property to 1031 exchange into.
Bring your vision to life with this customizable ghost listing for a future duplex! Whether you're dreaming of an income-producing investment property, multi-generational living, or a side-by-side layout to owner-occupy, the options are wide open. Want single-story ranch-style units? Prefer a 2-story layout with separate garages? Looking to add an RV bay or expanded outdoor space? This is your chance to design a duplex that fits your needs, style, and long-term goals. Located on a quiet dead-end street in Spokane Valley, this buildable lot is available now and ready for your plans — the possibilities are truly endless.
Amazing, Well maintained, Spokane Valley Town Homes! 16 total units built in 2021, located on four parcels totaling nearly 1 acre, on a private lane. Each unit offers 3Bd, 2.5Bth, with attached garages and individually fenced back yards. Each home features, quality laminate flooring, quartz counter tops, breakfast bar, stainless steel appliances, open great room layout, plus the master suites feature double sinks, oversize glass door showers and walk-in closets. The homes also offer gas forced air heat w/central A/C. The yards are low maintenance for easy care. Just 1/2 block from the Appleway trail, plus quick and easy access to shopping and schools and just a few minutes to I-90 at Pines Rd. Great investment with excellent cash flow! Each 4-Plex has it's own parcel number, but they are being sold together.
Discover an exceptional opportunity in this light industrial zoned property, perfectly suited for a dynamic live/work setup or versatile commercial operations. Motivate your vision with endless potential: six spacious office areas, three bathrooms, and room for two additional offices on the main floor. The ground level spans just under 2,000 sq ft, featuring a generous conference room, a smaller meeting space, a functional kitchen, and a dedicated shop area for hands-on projects. Upstairs, unlock even more flexibility with three large bedrooms convertible to premium office suites, plus the option for separate exterior access. Situated on a prime quarter-acre corner lot, this site offers ample parking for up to nine vehicles, a substantial 30x24 garage/shop, and unbeatable visibility with high daily traffic counts. Every room is wired for high-speed internet, ensuring seamless connectivity. Don’t miss this highly visible gem—bring your best offer and transform it into your thriving headquarters today!
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Spokane is located in Washington. Spokane, Washington 99206has a population of 102,178. Spokane 99206 is more family-centric than the surrounding county with 30.91% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Spokane, Washington 99206 is $60,079. The median household income for the surrounding county is $64,079 compared to the national median of $69,021. The median age of people living in Spokane 99206 is 38 years.
The average high temperature in July is 83.8 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 19.5 inches per year, with 42.4 inches of snow per year.
