Great Investment Opportunity Beautifuly built in 2024 this 2 story apartment building has 6 units total of 6336 sqft. 4 rented units with $ 6400 Per month in Rent. 2 unit is an AIR BnB. Each apartment has 2 bed 1.5 bath. The first floor has the living area and the second floor has bedrooms and 1 bathroom, Kitchen with an eating area, in unit laundry, mini splits, off street parking and a great view. A great opportunity to add a solid multifamily property to your investment . Please do not disturb tenants.
Excellent Investment opportunity.Beautifully Built in 2024, Building A has 5 units with a total of 8000 sqft. and $9000/month rent. Building B has 4 units with a total of 5940 sqft. and $6400/month rent. Both buildings are built the same and have the garage on the first floor, the living area on the 2nd floor, & the bedrooms on the third floor. These spacious units have 2 bedrooms and 1.5 baths, in-unit laundry, mini splits and a great view. Each unit also includes a bonus office space adjacent to the garage with exterior door. Included is a 1432 sqft home built in 1910 with 3bed, 2bath and $1400/month rent, great as a manager's home. A great opportunity to add a solid multifamily property to your investment .
Investors, here’s an opportunity to add a well-maintained triplex with a solid rental history to your portfolio or house hack by living in the upstairs unit and renting out the lower 2 units to offset your costs! Situated near picturesque Underhill Park in Spokane, this property offers three comfortable 2-bedroom, 1-bath units, providing strong rental appeal and multiple income streams. One unit has been completely updated, while the property as a whole has a proven rental history and currently generates $3,750 per month. Each unit features its own gas forced-air furnace, allowing for individual heating control and helping provide efficient, reliable heating for tenants. Operating expenses include approximately $400 per month for water, sewer, and garbage, $50 per month for common-area electricity, and $3250 for insurance. The currently vacant upstairs unit creates a unique opportunity for an owner-occupant and with the 1 car garage in the back it gives the opportunity for you or additional income.
INVESTOR ALERT! Fantastic opportunity to purchase a great centrally located 4-plex near the popular Monroe District. Fabulous long-term tenants are on leases in two units, and two recently renovated units are vacant and ready to rent. The property features updated vinyl windows, new electrical service (all units are individually metered), newer electric hot water tank and newer wall heaters. The units feature varying degrees of updating, but all are in good condition and are well-maintained. There is one 2-bedroom unit, one 1-bedroom unit, and two studios. Please contact listing broker with questions.
Perfect investment opportunity! Whether you're purchasing your first rental property or adding to an existing portfolio, this versatile home offers nearly 2,300 sq ft of living space with strong rental appeal. The main floor features 3 bedrooms, a spacious living room with a gas fireplace, and an open kitchen and dining area. The finished basement provides added flexibility with a large family room, laundry area, and space that could serve as a home office, recreation room, or potential 4th bedroom. Outside, enjoy a welcoming front porch, back patio, and ample room for outdoor living. A standout feature is the impressive shop, ideal for storage, hobbies, projects, or tenant workspace needs. Complete with two covered parking spaces and additional storage, this property offers exceptional versatility and value. Previously owner-occupied and never used as a rental, it's a rare opportunity with room to grow your investment.
Excellent investment opportunity! This classic brick 5-unit apartment building offers spacious floor plans, off-street parking, in-unit laundry, and beautiful views. The two lower-level units each feature 2 bedrooms, 1 bathroom, and approximately 1,100 sq ft. Upstairs are three additional 2-bedroom, 1-bath units, each approximately 990 sq ft. One unit includes a private one-car garage. Current rents are below market value, offering potential upside for a new owner, and all leases are currently month-to-month. A great opportunity to add a solid multifamily property to your investment portfolio. Convenient parking and generous unit sizes add to the appeal.
Prime Investment Opportunity: Newer 4-Plex in Spokane Presenting an exceptional investment opportunity—this 5 year new, luxury 4-plex is a turnkey property offering immense potential for long-term returns. Each of the four spacious, multi-level units features 3 bedrooms, 2.5 bathrooms with high-end finishes, making it an ideal choice for investors looking to capture both rental demand and appreciation in one of Spokane’s most iconic neighborhoods. With sleek granite countertops, stainless steel appliances, and high-end flooring throughout, these units offer modern, comfortable living spaces. The open floor plans and multi-level design provide a sense of space and privacy, while the efficient use of square footage ensures low maintenance costs and maximized rental income. The property is equipped with all the latest amenities, including Fire suppression system, energy-efficient systems, smart-home technology, and modern fixtures, giving it a competitive edge in the local rental market.
Investment opportunity near Whitworth University and within the sought-after Mead School District! This spacious California split-level duplex offers 4 bedrooms and 2 bathrooms on each side with approximately 3,800 total sq ft. Live in one side and rent the other, explore a co-living setup, or rent both as a traditional investment. Each unit features 2 bedrooms and 1 full bathroom upstairs, plus 2 additional bedrooms, a bathroom, laundry and a second living area in the basement. Vaulted ceilings, a wood-burning fireplace, attached two-car garage, large deck and separate fenced backyard add to the appeal of each side. With 8 total bedrooms, 4 bathrooms and 4 garage spaces, this property offers exceptional flexibility in a convenient North Spokane location near shopping, restaurants and everyday amenities.
A RARE OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY IN NORTHWEST SPOKANE! This well-cared-for duplex pairs original architectural details with thoughtful updates and flexible living options. Each residence has a separate entrance accessed through a welcoming shared foyer, while the generous front porch adds to the property’s inviting curb appeal. Outside, enjoy a fully fenced yard with automatic sprinklers, plus a detached two-car garage offering valuable parking and storage. Conveniently situated near parks, schools, shopping, dining, and daily essentials. Live in one unit while renting the other, accommodate extended living needs, or add a distinctive income property to your portfolio.
Wonderful 6-Bedroom, 2-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 6 private bedrooms and 2 shared bathrooms. This single-family home is currently rented by the room, generating an outrageously high gross monthly income! This investment model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular option for those looking to maximize income. All tenants are on flexible month-to-month leases, providing the opportunity to more easily increase cash flow and rental growth even further, or switch to a simpler and more traditional strategy, such as a single-family rental or mid-term rental. This property is available for purchase individually or as part of a larger, high-performing rental portfolio. Don't wait to reach out and learn how this opportunity can either jump-start or propel your real estate portfolio to the next level!
Wonderful 6-Bedroom, 2.5-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 6 private bedrooms and 2.5 shared bathrooms. This single-family home is currently rented by the room, generating an outrageously high gross monthly income! This investment model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular option for those looking to maximize income. All tenants are on flexible month-to-month leases, providing the opportunity to more easily increase cash flow and rental growth even further, or switch to a simpler and more traditional strategy, such as a single-family rental or mid-term rental. This property is available for purchase individually or as part of a larger, high-performing rental portfolio. Don't wait to reach out and learn how this opportunity can either jump-start or propel your real estate portfolio to the next level!
20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Effective Gross Income of $18,310.20 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $134,042 NOI and 6.7% cap rate.
Great duplex with two updated units! Downstairs, find a 2-bed, 1-bath unit with large kitchen and spacious bedrooms. Upstairs, the unit is 1-bed, 1-bath with tall ceilings and a generously sized kitchen with eating space. Both units offer abundant natural light and historic charm with modern updates. Large yard with patio and green space. A detached garage provides extra storage or parking. Conveniently located near Gonzaga University and downtown shops and dining, with easy transit access, this home is a fantastic investment with established tenants and lots of rental income potential.
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 access. The spacious 1,388 sq/ft units (2,766) sqft total) offer 3 bedrooms and 2.5 baths each, finished in an attractive blend of contemporary and traditional styles. The main level includes a great room connecting the living area to a kitchen showcasing quartz surfaces, plenty of cabinetry, and stainless steel appliances. Upstairs, find a large primary suite with a walk-in closet and a double-sink bath, two guest bedrooms, full guest bathroom, and a laundry closet. Don’t miss this rare chance to acquire a new-construction duplex in a high-demand area, schedule your private showing today!
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 half bath. Finishes feature LVP flooring exuding both durability and style. Darker tones throughout add a touch of sophistication while ensuring long-lasting beauty. The heart of each unit lies in the open-space living area, with the kitchen offering ample cabinetry, stunning granite countertops for meal prep, and stainless steel appliances and covered back patios and oversized garages. Upstairs you'll find a master suite offering a spacious walk-in closet, and bath featuring double sink vanity with tub. Two additional guest rooms, a full bath, and laundry closet. Come see this!
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 units are leased out. The units include a spacious entry living room and kitchen/dining room with ample white cabinetry, free-standing range, dishwasher & fridge. Don't miss this rare turn-key investment opportunity -
Live in one unit and rent the other — or secure an outstanding investment! This brand-new turn-key duplex is strategically located just minutes from Downtown, the University district & NorthTown Mall shopping, perfectly positioned for high occupancy. Each two-level unit offers a 3-bed/3-bath configuration, both with their own garages and private fenced backyards. With 1,500 sq/ft per unit, these spaces exceed the average Spokane rental size, providing a competitive advantage. The main level features a light-filled great room with ample seating & dining space for everyday living & entertainment. The kitchen provides quartz surfaces, tons of storage and stainless appliances. The dining leads out the backyard patio, perfect for relaxation & BBQs. Upstairs features a convenient primary suite with a walk-in closet and its own bath including a double-sink vanity, alongside two guest rooms, a full guest bath, and a dedicated laundry closet. Don't miss the chance to secure this premium new build in a prime location!
Investor/House Hack Opportunity! Creative ownership? Just ask! Recently rehabbed and updated now finished triplex in the heart of Spokane's historic South Hill neighborhood. Truly a prime location. Just 2 blocks/walk to shopping and dining. This multifamily, 3 unit 3 level historic home needs a new owner and their tenants. Vacant now and ready. The oversized lot has room for addition of an ADU next to the garage. Large detached garage next to a filled in pool allow for room to expand the bedroom/bathroom count. All three units are large and fresh. Oversize bedrooms, new bathrooms, separate living areas and utilitIy room. All have their all their own separate and secure entrances and meters. Ample room for parking multiple vehicles front and back and garage space.
TWO DETACHED RESIDENCES • TURNKEY INVESTMENT / HOUSE-HACK! Rare West Central property offering approximately 1,648 sq. ft. of renovated living space across two independent homes. Main residence features 2 bedrooms, 1 bathroom and approximately 1,048 sq. ft.; second detached residence offers 1 bedroom, 1 bathroom and approximately 600 sq. ft. Both residences have been extensively renovated with updated kitchens, quartz countertops, stainless appliances, new flooring, fresh interior/exterior paint, tiled bathrooms and private laundry. Main home also has a new electrical panel and energy-efficient mini-split heating and AC. Flexible income potential: live in one and rent the other, rent both, or use the second home for extended family or guests. Two independent residences offer flexibility for investors, owner-occupants and multigenerational buyers. Convenient West Central location near Kendall Yards and downtown Spokane.
Located near Whitworth University and in the Mead School District this one owner duplex offers modern finishes, functional living spaces, and an excellent investment potential. Each unit features an open main floor layout with eating bar in kitchens, SS appliances, main floor laundry and a convenient half bathroom for guests. Upstairs, you'll find 3 bedrooms, 2 full bathrooms, and built-in desk areas .Lower levels offer an additional family room, a 4th bedroom & plumbing for 4th bathrooms. Each home has 2013 SF, gas fireplaces, air conditioning and a 2-car garage. It's the perfect opportunity for house hacking? Live in one unit while generating income from the other. Conveniently located near Holmberg Park at the end of the cul-de-sac street. Whether you're looking to occupy one side or expand your investment portfolio, this is an opportunity worth seeing!
Duplex for sale- half occupied half vacant. 3bedroom 2bathrooms in each unit with approx 1250sqt floor plans x 2 units. Private 2 car garages and private side/back yard patios. One unit is vacant one unit is rented at $2000/mo per side, $4000/mo total income. Built in 1992 and has been well kept since. Fantastic spot to earn income on dormant savings accounts. Live in one side and rent the other. FHA and VA ready condition.
Location, location, location! Just two blocks from the Target shopping center, and next to the South Sports Complex, this up-down duplex has had low vacancy. Formerly owner occupied, the downstairs unit has been left available for easy showings or for a new owner to move right in. All appliances will stay. Unit A has a nicely updated bathroom and LVP flooring throughout and the entire structure has been well maintained. Don't miss your chance for a solid investment with equity potential in a prime location, see it today!
Outstanding value in a highly desirable South Hill location, just minutes from hospitals and downtown. This turnkey fourplex has been thoughtfully maintained with tons of updates. Four 1-bedroom, 1-bath units offer approximately 700+ sq ft. Interior improvements have been completed on an ongoing basis from 2007 through 2025, including updated flooring, paint, finishes, and appliances. Major capital improvements include new windows (2007), screen doors (2008), lawn sprinklers and cyclone fencing (2018), rear hallway carpet (2019), and exterior painting and brand new roof (2026). Pride of ownership is evident throughout, with consistent maintenance and a solid rental history. An excellent opportunity for reliable income or owner occupied ownership ease.
Multifamily opportunity perfect for investors or buyers seeking an owner-occupant setup with rental income. Each unit offers 2 bedrooms, 1 bathroom, washer/dryer hookups, a spacious open-concept layout, and a kitchen with a peninsula-style eating bar. There is potential to add value with light cosmetic updates. Each unit includes private storage and a one-car garage. Situated in a highly convenient location near medical centers, shopping, and transit, this property is ideal for long-term tenants. Whether you're expanding your portfolio or looking to live in one unit and rent the rest, this is a prime opportunity to secure stable income and long-term equity growth.
Multifamily opportunity perfect for investors or buyers seeking an owner-occupant setup with rental income. Each unit offers 2 bedrooms, 1 bathroom, washer/dryer hookups, a spacious open-concept layout, and a kitchen with a peninsula-style eating bar. There is potential to add value with light cosmetic updates. Each unit includes private storage and a one-car garage. Situated in a highly convenient location near medical centers, shopping, and transit, this property is ideal for long-term tenants. Whether you're expanding your portfolio or looking to live in one unit and rent the rest, this is a prime opportunity to secure stable income and long-term equity growth.
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.
