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.
Eastside Estates is a 5 unit, two story townhome property located at 12402 E Broadway Ave in Spokane Valley near Dishman Hills. Built in 2020, the property offers modern construction, efficient systems, and low future maintenance. Each spacious 1,871 SF townhome includes three bedrooms and three bathrooms, LVP flooring, stainless steel appliances, hard surface countertops, kitchen islands, ductless heating and cooling, in unit washer and dryer, private patios and balconies, storage, off street parking, and a deep one car attached garage. The property is in an investor friendly Spokane Valley location with less red tape and 90 day rent increase notices versus 180 days in the City of Spokane. Strong rental demand is supported by convenient access to I 90, schools, parks, and major employment centers within the Opportunity submarket. In place rents average $2,063 versus estimated market rents of $2,200, offering immediate upside.
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.
This well-maintained duplex, built in 2013, offers a rare opportunity to own a nearly new, single-story investment or owner-occupied property. Each side features approximately 1,315 square feet of thoughtfully designed living space, providing a comfortable and functional layout. The property has been meticulously cared for and shows like brand new. Conveniently located walking distance to the Spokane River, near shopping centers and schools, with quick and easy access to I-90, this duplex combines modern construction with an excellent location. Ideal for investors seeking low maintenance and strong appeal, or buyers looking for a quality property in a desirable area.
Fantastic investment opportunity or a duplex residence. For the first time since built, this near new duplex is available. Newly built in2023 with nice finishes. Entertain on the main floor with all the bedrooms on the upper floor. Each side has LVP flooring, full amenity kitchen, turf back yard with privacy fencing and a 2 car garage.
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. 2 gas hot water heaters, 2 gas furnaces & 2 kitchens; t
Seller financing available! Very hard to find industrial property in the Spokane Valley with 11,700 ft.² of shop space including 2-3 private offices and almost 2 acres of land with plenty of room to expand. It also includes a small house that is great for a rental or convert to an office. Oversized ground level doors and loading dock as well. Located just a few blocks from the Amazon distribution center.
Well-maintained Spokane Valley duplex situated on a large corner lot with ample off-street parking and storage, including potential RV or boat parking. The property features two spacious units: one 2-bedroom, 1.5-bath unit and one 3-bedroom, 2.5-bath unit, both with attached garages equipped with openers. Each unit offers central gas forced-air heating and central air conditioning. There is significant potential to add finished space and increase rents, making this an excellent opportunity for investors or owner-occupants seeking strong cash flow.
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.
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!
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.
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.
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.
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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.
