Turnkey duplex investment opportunity in a desirable south Spokane Valley location. This income producing property is fully leased and offers immediate cash flow for investors seeking a strong addition to their rental portfolio. Each ranch-style unit features 2 bedrooms and 1 bathroom on the main floor, plus a full basement with a spacious family room and 2 non-conforming bedrooms, providing generous living space and excellent rental appeal. Extensively updated in 2024 with luxury vinyl plank flooring, fresh interior paint, modern lighting fixtures throughout, and a new roof. Each unit includes an attached one-car garage, and a fully fenced backyard, making this property highly attractive to long-term tenants. Conveniently located near shopping, restaurants, parks, public transportation, and major communter routes, this Spokane Valley duplex offers low-maintenance ownership. Whether you're expanding your real estate portfolio, completing a 1031 exchange, this is a great opportunity!
Great Investment Opportunity! Conveniently located duplex featuring two 2-bedroom, 1-bath units on a large, fully fenced lot. One unit has been recently refreshed and updated, other unit has long-term tenant. Each unit has separate hot water tanks and laundry and access to a one-car garage. The property is on a convenient bus line and within easy walking distance to shopping, restaurants, and major employers, making it an ideal choice for tenants. Whether expanding your investment portfolio or looking for a home with income potential, this is a unique opportunity in a high-demand area.
Beautifully updated spacious duplex with extensive privately-fenced backyards. This previous owner-occupied duplex is nestled in a quiet and desired family-friendly neighborhood in the Spokane Valley with no other duplexes on the street. These units feature a combination of granite, laminate, and marble countertops; porcelain kitchen flooring; updated appliances; LVP flooring; updated vinyl window and patio doors; ceiling fans; storage shed; and a gas fireplace. Both units feature high efficiency gas furnaces, large patios with fire pits, perennial flowers, sprinkler system on wifi, wifi thermostats, separate garages, and AC upstairs. Owens Corning 50-year warranty roof installed in 2023. 3 beds and 2 baths on each side with a bonus room that can serve as a second living room, home theater, gym, office, or it can be converted into a 4th spacious bedroom. Currently on long-term leases for both units. The extensive investment into this property cannot be understated. This place has it all.
Clean and Well-Maintained Spokane Valley DUPLEX sitting on .28 Acre Lot. Owner Occupy or rent out Both Units! Each unit boasts 3 bedrooms, 2.5 bathrooms, 1616 sqft and attached one car garage. Lots of natural light pouring into the main level featuring the open concept living, kitchen, dining area with a half bath and laundry. Upstairs you have a desirable second living room along with the 3 bedrooms. Large primary suite with walk-in closets and 3/4 bathrooms with double sinks. Gas Forced Air and Cent A/C. Property is fenced, has sprinkler system and is in the Central Valley School District! Convenient location close to the Freeway, Shopping and Restaurants. Take the guess work out of finding a tenant with both units paying $2250/mo.
Well-maintained duplex on a quiet dead-end street in the Spokane Valley, offering stable tenancy and easy operations. The location sits just off Sprague with quick access to services, retail, transit, and I-90—an easy area to keep rented. Both units are occupied and individually metered, including refuse, helping reduce owner expenses. Each unit includes a single-car garage, washer/dryer hookups, wall A/C, dishwasher, range, and refrigerator—solid amenities that support strong tenant retention. The yard is mostly grass for simple upkeep, and both units have raised decks out back, adding usable outdoor space. The composition roof is roughly five years old, and the property is connected to sewer—two big boxes checked for long-term durability and predictable operating costs. Additionally, the exterior was painted and new gutters and garage doors were installed in the fall of 2025.
Nice Valley rancher--one level great income producing duplex with immediate upside and expansion potential. Both units remodeled: Newer kitchen cabinets and granite countertops plus laminate wood floors + newer vinyl windows. A/C plus laundry hookups in each unit. Nice backyard and patio with awning. Public bus stop one block away. Walk to grocery store, espresso stands and more. Sprinkler system for the yard. Carport for each unit.
SVN Cornerstone is pleased to present the Sixth Avenue Apartments for sale located at 7307 E 6th Ave in the Spokane Valley. The Sixth Avenue Apartments consist of 6 units, including 1 two bedroom one bathroom unit, 4 one bedroom one bathroom units, and 1 studio cottage located on the same parcel. The property also features a common area coin operated washer and dryer, covered tenant carports, a storage shed, ample off street parking, and a patio area for tenants. Investor Friendly Location Interior and Exterior Upgrades Exit Flexibility Updated Systems Additional Income Opportunities
Well-maintained 5-unit investment opportunity in Spokane Valley featuring four 1 bed / 1 bath units and one 2 bed / 1 bath unit with in-unit laundry. The remaining units are supported by a convenient on-site coin-operated laundry, providing additional income potential. Units have been updated over the years, and major capital expenditures have already been addressed, roof, siding, and windows—offering a more predictable, low-maintenance investment profile. Financially, the property has demonstrated consistent performance with ~$52,900 in trailing 12-month gross income. Current rents range from approximately $795 to $1,095, with additional income from utilities and laundry. The unit mix provides strong demand stability, while the Valley location continues to support long-term rental growth. This is a solid, turn-key asset for investors seeking reliable cash flow, reduced capital expenditure risk, and upside through re
Rare opportunity to own this thoughtfully designed and well maintained zero-step one level duplex offering comfort, convenience and exceptional investment potential. This modern income-producing home features luxury vinyl plank flooring, soaring vaulted ceilings, expansive windows and an abundance of natural light throughout. The bright open kitchen showcases stylish cabinetry, sleek surfaces, stainless steel appliances, eating bar and an electric fireplace. Special features include a private primary bedroom with separate ¾ bath and desirable single-level accessibility. Step outside to professionally designed grounds with over $150,000 invested in premium landscaping, lush lawn areas, vinyl perimeter fencing and a private backyard patio. Strong rental history, low maintenance construction and highly desirable floor plan make this an outstanding investment or owner-occupied opportunity close to shopping, dining, medical services and daily amenities.
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. Rent at $2075 and estimated $2200 per month other 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.
Rare opportunity to own & operate long-standing Adult Care Home in Spokane! This home has been proudly serving the community for over 30 years, providing a warm, multi-generational environment in a quiet residential neighborhood w/ quick access to I-90 & the North-South Corridor. This licensed facility accommodates up to 6 residents, w/ all private rooms & owner. The home is thoughtfully designed for comfort & functionality, featuring 9 bedrooms & 4.5 bathrooms, including a beautifully updated primary suite w/ a walk-in closet & ensuite bath. Residents & staff enjoy welcoming common areas, a patio & deck, back yard & large shop for additional storage. Property includes office space, staff accommodations, owner can live on site & has been fully equipped to meet state licensing requirements. It comes furnished with appliances, supplies, & all the essentials needed to seamlessly step in & continue operations. Price includes business. Two sets of appliances service the home & facility.
Well-maintained two-story 4-plex featuring four 2-bedroom, 1-bath units, each with a private deck or patio. Off-street parking on site and shared laundry. Conveniently located near bus routes, grocery stores, restaurants, and schools, making it easy to attract and retain quality tenants. A solid addition to any investment portfolio.
Well-maintained duplex in a convenient Spokane Valley location! Each unit features an attached one-car garage with opener, offering both comfort and functionality. Interiors include some hardwood flooring, adding warmth and character. Enjoy outdoor living with covered patios and a fully fenced backyard ideal for tenants or owner-occupants alike. Property boasts a strong rental history, making it a solid investment opportunity. Situated close to schools, shopping, Dishman Hills, and easy freeway access. Perfect for living in one unit while renting the other, or a great addition to your investment portfolio!
Spokane Valley duplex built in 2023 with modern construction and functional design. Each unit offers 3 bedrooms, 2 bathrooms, and in-unit washer and dryer. Single level layout allows for easy living and maintenance. Located in the Central Valley School District, offering strong appeal for tenants and a solid investment opportunity.
SVN Cornerstone is pleased to present the Felts Townhomes for sale located at 303-314 S Felts Ln in the Spokane Valley. The Felts Townhomes consist of 12 two story townhome units, each offering two bedrooms and one and a half bathrooms. The property features newer construction with high end finishes, dedicated covered carports for each unit, in unit washer and dryer, and an on site community garden for residents. 8 of the 12 units were built in 2016 and 4 of the 12 units were completed in 2025, Each unit includes LVP flooring, stainless steel appliances, hard surface countertops, ductless heating and cooling, private patios, in unit washer and dryer, and covered carport parking Spokane Valley location with lower utility costs Desirable Dishman Hills location with easy access to I-90, schools, parks,and employment Current rents average $1,656 versus $1,750 market rents
Don't miss this affordable South Valley Townhome! Located in the desirable CV school district, close to all shopping and amenities. This home features 3 bedrooms, 2 bathrooms, 1504sqft and two large living rooms, perfect for entertaining. Attached garage to store all of your toys and a large backyard for Fido to roam. Currently leased through March 2027. This is the investment you’ve been waiting for!
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!
Fully occupied and cash-flowing, this modern duplex is an investor's dream or a perfect owner-occupy opportunity. Built in 2021, 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 2021, 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 2021, 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.
Investor Alert. Outstanding Investment Opportunity in Spokane Valley just off Argonne. This 6 bed 4 bath duplex located in a great location near many amenities only 3 minutes to I-90 affords you or your tenant convenient access to the freeway. Only 7 minutes to Costco, 10 minutes to Liberty Lake, or 12 minutes to downtown Spokane. Both sides boast 3 bd (one non-egress) 2 bath, garage, and a huge backyard. Identical duplex next door coming soon.
Investment Opportunity - Well-maintained 8 unit property in Spokane Valley featuring a mix of 2-bedroom, 1-bath and 1-bedroom, 1-bath units. Each unit features LVP flooring throughout the main living areas. Kitchens are appointed with tile accents and butcher block countertops, blending practicality with updated finishes. Bedrooms are generously sized with ample closet space for storage. Additional amenities include off-street parking and onsite laundry facilities. Conveniently located near shopping, dining, parks, close freeway access.
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.
Duplex located in between Spokane and Spokane Valley, updated windows, each unit has its own meter panel and gas furnace/ hot water heaters. Each Unit features 4 beds 1 bath with basement bedrooms egressed, wood fireplaces large backyard and attached 1 car garage.
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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.
