To Be Built, Construction has begun! - Two, 12 unit apartment buildings in the heart of the Spokane Valley for a total of 24 units. $6,000,000 for two 12 unit buildings. Just off the Appleway walking trail with Safeway, Target and so much more just a hop, skip and a jump away. All 24 units are set up as two bedroom and two bathroom units. **Photos of Apartment Building are Artist Renderings, Not Exact Building**
Discover a rare offering of two modern apartment buildings in Spokane Valley’s Opportunity Neighborhood, ideally located near schools, shopping, dining, parks, and the Appleway Trail. Built in 2021 and 2023, these low-maintenance properties total 26 units- 22 spacious 3 bed/2 bath and four 1 bed/1 bath apartments with 40+ parking spaces and contemporary finishes throughout. Each building features common laundry facilities and in-unit washers/dryers in select apartments, with potential to boost income by adding in-unit laundry to 14+ units. Current rents are below market, providing a clear path for increased cash flow. Zoning is MFR, and both parcels sit on over 25,000 SF each. Additional features includes reduced expenses through utility billing conversion. Strong location, new construction, and immediate value-add potential make this a compelling multi-family investment.
Discover a rare opportunity to own a modern Spokane Valley apartment building featuring 11 3-bed bed/2-bath apartments and two 1-bed/1-bath apartments. Ideally located near schools, shopping, dining, parks, and bordering the Appleway Trail, buyers have several paths to increase income through rent increases, laundry conversion, and utility fee payoff. Built in 2021, this low-maintenance property offers contemporary finishes and ample parking. Current rents are below market, providing a clear path to increased cash flow. Seller will pay remaining balance of sewer connection fee agreement at time of sale and significantly boost cash flow for buyers. Seller might also benefit from a conversion to in-unit laundry. With its strong location, newer construction, and immediate value-add potential, this is a compelling multi-family investment.
Discover a rare opportunity to own a modern Spokane Valley apartment building featuring 11 3-bed bed/2-bath apartments and two 1-bed/1-bath apartments. Ideally located near schools, shopping, dining, parks, and bordering the Appleway Trail, buyers have several paths to increase income through rent increases, laundry conversion, and utility fee payoff. Built in 2023, this low-maintenance property offers contemporary finishes, ample parking, and in-unit and common laundry facilities. Current rents are below market, providing a clear path to increased cash flow. Seller will pay the remaining balance of the sewer connection fee agreement at the time of sale and significantly boost cash flow for buyers. Seller might also benefit from a conversion to in-unit laundry for the five remaining units sharing a common laundry room. With its strong location, newer construction, and immediate value-add potential, this is a compelling multi-family investment.
This rare opportunity features a portfolio of 14 recently constructed duplexes in Spokane Valley, offering investors immediate scale, strong in-place income, and minimal deferred maintenance. The portfolio totals 28 spacious 3-bedroom, 2-bathroom units, each designed for long-term tenant appeal and operational efficiency. Units are finished with durable LVP flooring, stainless steel appliances, in-unit laundry, and separate attached garages for each unit, supporting strong tenant retention and consistent leasing performance. The portfolio boasts a proven rental history and is currently 95.5% occupied, generating approximately $50,790 in monthly rental income. This offering provides a turnkey investment with stable cash flow, modern construction, and long-term upside in one of Spokane Valley’s most resilient rental markets. Ideal for investors seeking scale, predictability, and low-maintenance assets with strong fundamentals and future growth potential.
Fully occupied and cash-flowing, this modern duplex is an investor's dream or a perfect owner-occupy opportunity. Built in 2022, both units boast luxury finishes throughout, including durable LVP flooring, stainless steel appliances, and high-end kitchen fixtures. Each primary suite offers a walk-in closet and an en-suite bathroom featuring dual sinks. Complete with in-unit washer and dryers, this property provides the low-maintenance, modern living tenants seek. Available separately or as part of a 14-property duplex portfolio. Don't miss this opportunity for immediate income and equity.
Fully occupied and cash-flowing, this modern duplex is an investor's dream or a perfect owner-occupy opportunity. Built in 2023, both units boast luxury finishes throughout, including durable LVP flooring, stainless steel appliances, and high-end kitchen fixtures. Each primary suite offers a walk-in closet and an en-suite bathroom featuring dual sinks. Complete with in-unit washer and dryers, this property provides the low-maintenance, modern living tenants seek. Available separately or as part of a 14-property duplex portfolio. Don't miss this opportunity for immediate income and equity.
Fully occupied and cash-flowing, this modern duplex is an investor's dream or a perfect owner-occupy opportunity. Built in 2022, both units boast luxury finishes throughout, including durable LVP flooring, stainless steel appliances, and high-end kitchen fixtures. Each primary suite offers a walk-in closet and an en-suite bathroom featuring dual sinks. Complete with in-unit washer and dryers, this property provides the low-maintenance, modern living tenants seek. Available separately or as part of a 14-property duplex portfolio. Don't miss this opportunity for immediate income and equity.
Spacious Central Valley duplex featuring two updated 3 bedroom, 2 bath units plus an extra non-egress bedroom in 13620. Each expansive 2,370 sq ft unit offers an attached 1-car garage, a deck off the primary bedroom, and a private patio and yard. Recent updates include new appliances, flooring, paint, baseboards, lighting, and blinds. New roof in 2024. Plenty of parking plus room for RV/Boat parking. A rare investment or multi-generational living opportunity in a highly desirable Spokane Valley location close to shops, restaurants, schools, and more!
Amazing investment opportunity! This 3Bd, 2Bth per side duplex is located in a gated cul-de-sac just a few minutes from I-90 at Pines Rd. and just a few more minutes to the Valley Mall. Laminate wood flooring throughout the main level, Tile floors in the bathrooms & laundry. Open Great room design w/spacious kitchen offering natural wood cabinets, granite counter tops and there's a private patio overlooking separately fenced back yards. The master suite offers a full bathroom and a walk-in closet. Current monthly income of $3460 per month. Tenant leases expire at the end of February & March. Both tenants want to stay. Units offer Gas forced air heat with Central A/C. plus attached 1 car garages with openers. This desirable location and the quiet gated street make this property a great investment!
Incredible investment opportunity in Spokane Valley! This portfolio includes six modern duplexes and one single-family home, all newly built in 2023 with high-end finishes and strong rental appeal. Each duplex offers two mirror-image units with 3 beds, 2.5 baths, 1,455 sq ft per side, open-concept living, LVP flooring, and stainless steel appliances. The single-family home mirrors the interior design with 3 beds, 2.5 baths, and 1,766 sq ft. Located in a quiet neighborhood near schools, parks, and freeway access. Tenants enjoy stylish, low-maintenance living, while investors benefit from new construction and consistent income potential. This 13-door package offers a rare chance to secure high-quality, low-maintenance assets in a growing area.
Welcome to this modern 2023-built duplex offering a rare opportunity for multi-generational living or smart investment in Spokane Valley. With a combined 2,910 sq ft, this turnkey property features two identical units, each with 3 bedrooms, 2.5 bathrooms, an open-concept main level, luxury vinyl plank flooring, stainless steel appliances, in-unit laundry, and an attached garage. Live in one side and rent the other, or lease both for strong cash flow potential. Located in a quiet residential area near schools, shopping, and freeway access—this is low-maintenance, high-style living in a growing community.
Discover an excellent investment opportunity with this 2018 built duplex in Spokane Valley, offering two spacious 3 bed, 2 bath units, each with a comfortable primary en suite and walk-in closet. Built with durable materials, this property is designed for long-term peace of mind. Each unit features a 2-car garage, and the .47 acre lot includes an easement for the east driveway plus sewer already in place creating potential to add an ADU or even another multi-family building. One side is tenant occupied with a month to month lease, giving flexibility for owner-occupancy or income adjustment. Move-in ready with room to expand, this duplex offers cash flow and future equity growth. Don’t miss out on this rare opportunity!
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.
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.
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!
Courtesy: The Paragon Group
509-539-8048
Peter Clark
Spacious 4-unit apartment building situated on a corner lot in Spokane Valley. Nestled in a quiet residential neighborhood, the property offers convenient access to I-90, schools, shopping, and everyday amenities. A mix of one- and two-bedroom floorplans, ensuring broad tenant demand. For investors seeking scale, three adjacent triplexes, each on separate parcels, are also available, creating the opportunity to control up to 13 total units. This rare configuration allows for efficient portfolio growth while still qualifying for residential financing.
Updated Valley duplex in desirable central location. Perfect for owner occupied or investor looking to expand their portfolio. Main floor has 3 bedrooms, 1 baths and 2,066 sq ft of living space. Basement unit is a 2 bedroom, 1 bath with 1,086 sq feet of living space.
This ideal location near Mission park is perfect for homeowners and tenants alike. With ample space, you can bring all your extra vehicles, toys, trailers, RVs, and more. Each unit can accommodate up to six vehicles! The layout is universally appealing, featuring a living space on the main floor and bedrooms upstairs. Enjoy the open kitchen/living room layout, bathed in sunlight, and access to the spacious backyard. The primary bedroom upstairs has its own bathroom, while two additional bedrooms and an office/flex space provide additional living space.
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.
CENTRAL VALLEY TURNKEY 4-PLEX/ EACH UNIT IS 2 BEDROOMS AND 1 BATH/ NEWER ROOF AND VINYL WINDOWS (APPROX 2019)/ 1/3 ACRE LOT WITH FENCED BACK YARD/ OFF STREET PARKING/
Multi Family and Prime Investment Opportunity – High Traffic/Multi-Use Property Along I-90 thru the Spokane Valley Corridor! Prime high-traffic corridor, with easy on-off freeway access and high visibility ensures maximum exposure, attracting customers effortlessly. Multi-Use zoning makes it flexible for Apartments, Retail, Commercial, Office, Medical, Restaurant, Service-Based and Drive-thru Businesses, Hotels, Service Stations and EV Charging Stations-the possibilities are endless! Surrounded by expanding commercial developments ensure long-term appreciation. The home on the property is an income generating duplex. This is a rare chance to secure a high-exposure, income-generating property in one of the most sought-after corridors.
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.
2024-built duplex! Searching for a great opportunity to have an investment property? Each side of this beautiful duplex has 4 beds, 2 baths and a 2 car garage. The kitchen is the heart of the home and has stainless steel appliances, beautiful cabinetry, a free standing stove, microwave, dishwasher and refrigerator. The slide opens on to a private deck, finished and partially fenced back yard! All that is left to do here is make it yours! Both sides currently rented!
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Spokane Valley is located in Washington. Spokane Valley, Washington has a population of 102,178. Spokane Valley is less family-centric than the surrounding county with 29.37% 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 Valley, Washington 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 Valley 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.
