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 first-time investors. Ideally located near downtown Spokane,tenants enjoy convenient access to employment centers, shopping, dining, and entertainment while still benefiting from a quiet neighborhood setting.Whether you're looking to expand your portfolio or secure your next investment property, this well-maintained tri-plex is one you won't want to miss.
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 and income potential, with zoning that allows for a variety of uses. Whether you're looking to expand your rental portfolio or explore future development opportunities, this is a chance to capitalize on a valuable collection of properties.
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.
Remodeled Fourplex ready to cash flow or perfect for an owner occupant to house hack with one unit currently vacant. Charming property that rents easy and has been completely redone combining the original craftsman style charm with modern finishes. Plenty of parking both off street and with the wide roads as well as a detached garage that can be used to produce extra monthly income!
Well maintained but not necessarily updated brick triplex strategically located on E Rowan Avenue with excellent visibility and access. All units are 2br/1ba and there is uncovered, off street parking. In addition to the usual appliances, each unit has wall a/c and a dishwasher. Common, free laundry is provided by the landlord in the partial basement. This is a tidy, well kept property in a great location. All units are occupied. New roof 2026 on E, N and W sides. South side is good. Sorry, no seller financing.
Northside duplex! Each spacious unit has four bedrooms (1 br in 2318 is non egress) and two baths. Amenities include central forced air gas heat, tons of storage in the basement, a family room down and washer/dryer hookups. Outside, each unit gets its own carport, and the small yard contributes to low maintenance. Unit 2320 is being deliberately left vacant for easy showings or a potential owner-occupant.
Northtown duplex with both units in great shape. Unit 559 was fully remodeled in 2022, and 557 is wrapping up its update now. Each side has a spacious 4br/1.75ba layout with a family room and a fireplace — plenty of room and a solid rental setup. Roof and gutters were replaced in 2020, and both units have electric baseboard heat, wall fan heaters, dishwashers, and washer/dryer hookups. Outside you’ve got vinyl windows and dedicated carports for each unit. The yard could use a little love, but the big-ticket items inside and out are already handled. Unit 557 is intentionally left vacant for easy showings or an owner-occupant option. (west side entrance) When showing, just note it’s not quite finished yet, but it’s close.
Charming, clean, and move-in ready, this classic bungalow offers timeless character in a fantastic South Hill location. Beautiful hardwood floors, vinyl windows, and an efficient gas furnace and water heater provide comfort and convenience, while the kitchen features a gas range and oven. The front-loading washer and dryer are included, making this home ready from day one. Step outside to enjoy the spacious back deck—perfect for relaxing or entertaining. Downstairs, you'll find a non-egress bedroom and a ¾ bathroom, along with additional unfinished space offering excellent potential for storage, a workshop, or future expansion. Conveniently located just minutes from downtown, hospitals, and the popular Rocket Market, this home offers easy access to some of Spokane's favorite destinations while maintaining the charm of an established neighborhood. Don't miss this great opportunity! Same tenant for over 20 years!!
Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether you're an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.
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 bathroom, while the upper unit offers 2 bedrooms and 1.5 bathrooms. The landlord currently pays water, sewer, and garbage, with tenants responsible for their own electricity. Additional features include a detached storage shed and a highly desirable location with convenient access to shopping, restaurants, downtown Spokane, and major employers. Whether you're looking to expand your rental portfolio or purchase your first multifamily property, this duplex is one you won't want to miss. Property is part of a 4 property portfolio that is available.
Turnkey investment opportunity! This fully occupied 6-plex offers immediate cash flow and long-term income potential in a desirable location near shopping, dining, and everyday amenities. Each well-maintained single-level unit features 1 bedroom and 1 bathroom, appealing to a broad tenant base. Additional amenities include on-site laundry facilities, tenant storage in the basement, and convenient off-street parking. With stable rental income, low-maintenance living, and strong investment fundamentals, this property is an excellent addition to any real estate portfolio. Whether you're expanding your holdings or seeking a reliable income-producing asset, this fully leased multifamily property is one you won't want to miss.
Rare opportunity to acquire two adjacent fourplexes under common ownership, offered together as an eight-unit investment portfolio. Each unit features 2 bedrooms, 1 bathroom, and approximately 784 square feet of living space. With a mix of occupied and vacant units, the portfolio offers immediate upside through lease-up, rent stabilization, and operational efficiencies. Current rents provide income in place while allowing room to bring units in line with market rates as leases turn over. Shared laundry facilities serve the properties, and recent maintenance and turnover improvements position the next owner to capitalize on increased occupancy and cash flow. Conveniently located near downtown Spokane, major employers, public transportation, shopping, dining, and everyday amenities. Ideal for investors seeking scale, value-add potential, portfolio expansion, or a 1031 exchange opportunity. Properties are being sold together and will not be sold separately.
Rare opportunity to acquire two adjacent fourplexes under common ownership, offered together as an eight-unit investment portfolio. Each unit features 2 bedrooms, 1 bathroom, and approximately 784 square feet of living space. With a mix of occupied and vacant units, the portfolio offers immediate upside through lease-up, rent stabilization, and operational efficiencies. Current rents provide income in place while allowing room to bring units in line with market rates as leases turn over. Shared laundry facilities serve the properties, and recent maintenance and turnover improvements position the next owner to capitalize on increased occupancy and cash flow. Conveniently located near downtown Spokane, major employers, public transportation, shopping, dining, and everyday amenities. Ideal for investors seeking scale, value-add potential, portfolio expansion, or a 1031 exchange opportunity. Properties are being sold together and will not be sold separately.
West Central duplex in a prime location just steps from Riverfront Park trails, Kendall Yards, and downtown Spokane. Ideal for investors or owner-occupants, this well-maintained property offers strong rental potential and classic charm with thoughtful updates throughout. The main floor unit features 2 bedrooms and 1 bathroom, showcasing hardwood floors, abundant natural light, and a functional layout. The kitchen is equipped with stainless steel appliances, and the convenience of an in-unit washer and dryer adds everyday ease. Many vinyl windows have been updated while preserving original leaded glass details that enhance the home’s character. A mini-split system provides efficient heating and cooling year-round. The upper unit offers 1 bedroom and 1 bathroom with a mix of carpet and LVP flooring, along with a refreshed kitchen and a tiled shower. A versatile opportunity in one of Spokane’s most desirable urban neighborhoods, close to dining, recreation, and all the amenities.
Low-maintenance, well-cared-for triplex in Spokane’s northeast side. Each unit currently has its own single-car garage on the west side of the building, and there may be potential to convert that space into a fourth unit while still leaving plenty of room for off-street parking or a new garage setup. Units feature vinyl plank flooring with carpeted bedrooms, wall A/C, and individual electric baseboard heat and hot water—each separately metered. Washer/dryer hookups in every unit. Roof is approx. 2017. And bonus: Rochester Heights Park is right across the street.
Solid 3 BR/2 BTH brick bungalow has great mother-in-law style apartment with kitchenette in the basement near the Garland District. Just one block south of the Wall St. Diner across from Willard Elementary & less than 10 minutes to downtown. Enjoy a fully fenced backyard, newer roof, original hardwood floors, electric fireplace, new hot water heater & high-efficiency gas furnace with central air. Easy conversion to a duplex: egress bedroom, bathroom & brand-new appliances for kitchenette ready to go. Rent potential as duplex could snare $3000 monthly. Main floor kitchen features granite counters, quality cabinetry & stainless appliances (D/W could be switched out for washer/dryer combo). All appliances stay including washer and dryer. Newly plumbed utility sink. Fully fenced backyard has 2 car garage, 1 car garage plus lean to/storage shed. Newer exterior paint on garages. Tenants pay ALL their own utilities including w/s/g.
Cliff Cannon neighborhood 4plex Available Now! The big stuff is done with new roof, windows, decks and more! Come with your finishing touches as this would be an awesome Airbnb, furnished rentals for traveling nurses/business professionals and traditional rental among other opportunities. Highly desirable neighborhood with walk to hospitals, Huckleberry's and downtown.
Two adjacent houses for sale, to be sold together! Extremely rare opportunity in a highly sought-after location where properties seldom become available. Positioned just 1 block from Gonzaga University, this offering presents exceptional potential for student housing investors and developers alike. The property includes two separate homes, each are 1236 sqft and feature 3 bedrooms and 1 bathroom, with the potential to add an additional bathroom to each residence for increased rental appeal and income. Zoned CA-1 with a maximum building height allowance of 75 feet, this property also offers significant redevelopment potential. Rent the existing homes as-is, enhance the current improvements, or maximize the parcel's density with new construction. Whether you're seeking strong rental demand near Gonzaga University or a strategic long-term investment opportunity, this property delivers exceptional versatility and upside. Being sold with address 817 E Sinto Ave.
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 corner lot. Full of great space and original built-in storage cabinets and beautiful hardwood floors throughout the main floor. New flooring in the main floor kitchen and dining area, and newer LVP flooring throughout the basement. This is a prime location close to all the great restaurants and shops in the GU district and has a solid rental history at market level rents.
Unlock the potential of this Spokane Valley investment opportunity! Situated on a single parcel, this unique property features two separate homes, creating endless possibilities for investors, multi-generational living, or buyers looking to offset their mortgage through rental income. Each residence offers its own private entrance and dedicated living space, providing comfort, independence, and privacy for occupants. With a little vision and sweat equity, this property presents an incredible chance to build value while generating income. Conveniently located near shopping, dining, parks, and commuter routes, you'll enjoy easy access to everything Spokane Valley has to offer. Whether you're expanding your investment portfolio or searching for a versatile property with built-in income potential, opportunities like this don't come around often. Bring your ideas and discover the possibilities waiting here!
Charming 6-Bedroom, 2-Bathroom Home – Excellent Investment Opportunity Spacious and well-maintained 6-bedroom, 2-bathroom home. Whether you're looking to grow your investment portfolio or find a place to call home, this property offers both versatility and potential. - Ideal for use as a primary residence or rental - Proven rental history with steady cash flow - Available individually or as part of a larger rental portfolio at a discounted rate Don’t miss out—Call or Text the listing agent today for more information!
Welcome to this huge and versatile new home! This 6-bedroom, 2-bathroom property offers the perfect blend of comfort, functionality, and value! Ideal for large families, multi-generational living, or those just wanting extra space! Enjoy the spacious living areas, ample bedrooms, thoughtful layout, and full central heat and A/C! Located in a desirable area that provides you just enough distance from downtown, while still being close to any resources and amenities you could want! This home is move-in ready while also providing incredible potential to increase value with some simple improvements. As a previous high-performing rental, this home also presents the great opportunity for seasoned or new investors alike! Available individually or as part of a larger 5 rental property portfolio. Don't miss your chance to own this high-demand property with endless potential!
Fully updated view condo on Spokane's lower south hill. Comes fully furnished and tastefully decorated as shown in photos!! Great owner occupied or investment property opportunity. Hardwood floors with newer kitchen and bath. Stainless appliances. This light and bright condo features large rooms and closets. Includes a garage and secure area for parking and extra storage. Building includes onsite laundry and gated secure entrance. Conveniently located near downtown shopping, dining, and attractions. Close to hospital district. Don't miss out on this rare opportunity!! Rental allowed and unit is currently leased through August 2026.
INVESTOR & DEVELOPER ALERT!! R1 and RMF-40 zoning allows multifamily up to 40' tall. Centrally located Gonzaga/Logan neighborhood 5 bedroom, 2 bathroom home with fenced backyard and detached single car garage. New interior and exterior paint in 2022. Near bus lines, shopping, city parks, and the Centennial Trail. Consistent rental history. Open, flat lot with alley access provides excellent opportunity to increase revenue with ADU addition!!
Welcome to Sienna Terrace, a new 18-unit apartment complex currently at 100% occupancy! Located in north Spokane and just a few short blocks from Whitworth University, this thoughtfully designed community offers a collection of 1BR, 2BR, and 3BR units. Each luxury apartment features an open-concept floor plan, contemporary finishes, and large windows that fill the interiors with natural light. There are 6- one bed/one bath units; 9- two bed/two bath units; and 3- three bed/two bath units. This prime location is just 7 miles from downtown Spokane and less than 1/2 mile from the Whitworth University campus, which has a current enrollment of over 2500 students. Tenants will love the numerous shopping and dining options nearby, with Target, Best Buy, Dick's Sports, Olive Garden, Red Robin and the YMCA among the many businesses and restaurants within 1/2 mile.
Spokane is located in Washington. Spokane, Washington has a population of 225,709. Spokane is less family-centric than the surrounding county with 27.98% 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 is $56,977. 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 is 36.4 years.
The average high temperature in July is 83.5 degrees, with an average low temperature in January of 24 degrees. The average rainfall is approximately 17.2 inches per year, with 43.9 inches of snow per year.
