Courtesy: The Paragon Group
509-943-0400
Peter Clark
Fantastic opportunity to own a spacious North Spokane duplex with approximately 1,700 SF per unit. This property offers the size, comfort, and functionality of a single-family home with the income potential of multifamily ownership. One unit has been recently updated and is currently vacant, creating an immediate opportunity for an owner-occupant to move in while continuing to generate rental income from the neighboring unit. The setup may also provide access to multiple owner-occupied financing options. For investors, the property offers an approachable entry point into the Spokane multifamily market with just two highly manageable units and potential for continued rent growth. Located in an established North Spokane neighborhood just blocks from a brand-new middle school and other recent area improvements, the property also provides convenient access to retail, services, employment centers, and major transportation corridors. An excellent opportunity for a first-time investor, portfolio expansion, or buyer looking to offset housing costs through rental income.
Spokane Valley duplex in the West Valley School District. Great initial investment opportunity for real estate portfolio. Live in your investment! Each unit has 2 bedrooms & 1.5 bathrooms. All new flooring, appliances and paint inside and out. Each unit has a single car garage and a deck and patio. Auto Sprinklers in the spacious yard. Pride in ownership shows and history of long term tenants bring exceptional investment opportunity. Units are both currently vacant. Rent rates are projected based on the current market.
20-unit multifamily investment opportunity - (18) 2 Bed/1 Bath Units and (2) 1 Bed/1 Bath Units, located near Downtown Spokane and the Medical District. Built in 1978, this 13,048 SF property sits on approximately 0.46 acres and offers a strong combination of location, resident amenities, and income potential. The property features granite countertops, stainless-steel appliances, LVP flooring, covered parking, and on-site laundry facilities. Conveniently located near multiple parks and retail centers, with easy access to Downtown Spokane and the Medical District, this property offers an attractive investment opportunity. The property consists of 20 units with Effective Gross Income of $24,893.10 per month, an NOI of $198,639.09, and a 7.36% cap rate.
Development opportunity along Spokane’s Mission Avenue corridor! Zoned CB-55 (Community Business), this property offers flexibility for a variety of potential uses, including multifamily, office, commercial, or mixed-use development. The zoning allows for a 55-foot height limit, creating possibilities for future infill or redevelopment. The property currently features a 624 sq. ft., 2-bedroom, 1-bath bungalow built in 1931, offering immediate use or potential rental income while exploring future plans. Convenient access to downtown Spokane, surrounding neighborhoods, services, and major transportation routes. A unique opportunity for an investor, developer, or owner looking to take advantage of the existing improvements and flexible zoning. Buyer to verify zoning, permitted uses, development standards, and intended use with the City of Spokane.
Solid investment opportunity in Spokane’s West Central neighborhood. This charming 1897 historic property sits in a prime location near downtown, Riverfront Park, Riverpark Square and Monroe Street amenities and the ongoing revitalization along Monroe street. Strong rental history potential with convenient access to shopping, dining, parks, and employment centers. Convenient public transit access and proximity to Kendall Yards amenities. Ideal addition to any portfolio or perfect starter home for an owner-occupant.
Short term rental. Six years active on Airbnb, over 1500 4.77 Five Star reviews. Built in 1902, the Alex & Addie MacLeod House is an excellent example of the Free Classic subtype of the Queen Anne style. Located north of downtown Spokane, Washington in the Mountain View Addition in the city’s West Central neighborhood, the house is one of few homes built in the area that features brick masonry construction and a full-width front porch with a hexagonal porch. "STATEMENT OF SIGNFICANCE" Spokane City/County Register of Historic Places Nomination Continuation Sheet. On going Airbnb operation, 24/7 365. Investors and or potential purchaser (s) may choose to book a stay for experience and viewing. Confidential agreement is required for delivery of financial documents.
Welcome to this charming 1909 historic home in Spokane’s desirable Emerson-Garfield neighborhood, nestled next to beautiful Corbin Park. This updated 4-bedroom, 2.5-bathroom residence offers approximately 1,979 square feet of living space on a compact lot in the Corbin Park Addition. Enjoy a gourmet kitchen featuring granite countertops and stainless steel appliances. Original wood floors and refinished wood trim throughout complement the French-style fireplace. Energy-efficient updates include air conditioning and a gas heating system. Convenient main-floor laundry and a carport add everyday practicality. Located in a walkable, historic area near parks, local amenities, and the character of early-20th-century Spokane homes. Don’t miss this opportunity to own a piece of Spokane history. Total Sq. Ft. is based on data from Spokane County Assessor's property information search website @spokanecounty.org/scout Basement 710 Sq Ft., 1st. Floor 1,379 Sq Ft., Second floor 600 Sq Ft. tota
A solid multi-family investment opportunity in desirable Hillyard/Whitman neighborhood. This well-maintained and recently renovated apartment property offers strong rental income with six units, five 2/1 and one 1/1, featuring updated vinyl windows, assigned parking, fenced front yard, beautiful landscaping, and convenient on-site shared laundry. Ideally located near parks, schools, and public transportation, the property provides residents with everyday convenience while delivering steady income for the owner. Pet-friendly units and off-street parking further enhance appeal in a practical, accessible Spokane location. Whether you’re an investor seeking strong cash flow or looking to expand your portfolio, this ready-to-go multi-family asset is primed for continued performance. Don’t miss this opportunity to own a well-kept property in a growing Spokane market.
Great South Hill location near shopping, restaurants, and outdoor activities. This duplex has an upper unit with vaulted ceilings and a nice balcony. The lower unit is remodeled and features a great patio leading to a beautiful backyard oasis. Both units feature 2 bedrooms and a full bathroom. Both units also have their own 2-car garage.
Great opportunity to own a side-by-side duplex with one-bedroom, one-bath units on each side. One unit is currently vacant, offering an excellent opportunity for an owner-occupant to live in one side while renting the other—or for an investor to secure a tenant of their choice. Each unit features a practical one-bedroom, one-bath layout, and the property includes a two-car garage for added convenience and storage. Located on a bus route, this duplex offers easy access to public transportation and everyday amenities. Whether you're looking to expand your rental portfolio or take advantage of owner-occupied living, this property offers flexibility and potential.
2019 Built Multi-Family Property in prime location~ Fully Rented always at $1400-$1500 per door~ 6 townhouse units, each has 1100 sq feet~ 2 bedroom, 1 1/2 baths with laundry in each unit~ SOLID RENTAL being sold only for 1031 exchange purposes. 5% cap rates at current list price~ Parking lot on site for 8 vehicles plus street parking. Low maintenance due to how recent the build. Granite countertops and full appliance package including a washer/dryer in each unit! High Efficiency Gas Furnace and Central Air in each unit as well!
SVN Cornerstone is pleased to present the Lincoln Apartments for sale, located at 1414 N Lincoln St in Spokane's Emerson Garfield neighborhood. The property consists of 9 units, including 1 2bed/1bath unit, 7 1bed/1bath units, and 1 studio, along with common laundry facilities for tenants. Recent capital improvements include doubling the building's electrical capacity with the addition of a second electrical panel, removing knob and tube wiring from 3 second floor units, replacing the roof in July of 2020, and installing a new boiler in January 2026. Highilights All units are currently rented and professionally managed, providing strong in place performance Recent capital improvements reduce near term capital needs for new ownership Adjacent 0.16 acre parcel zoned RHD 55 is also available for purchase Utility Expense Reduction Upside potential through rent increases, unit renovations to support additional rental growth, and acquisition of the adjacent land
Well Cared for 1910 Bungalow! Some of the Many Features of this 2,030 Sqft Home are: A Nice Sized Living Room with Wood Burning Fireplace, Built-in Bookshelves and 2 Beautiful Lead Glass Windows. There is a Nice Dining Room, and the Kitchen is Fully Updated and Complete with Large Sink, and Newer Appliances. Enjoy the 3 Main Floor Bedrooms (all with Large Closets) and the Bathroom is Updated (2025) with a New Tub and Surround. There is also Main Floor Laundry and the Washer and Dryer Stay. The Basement is Open for plenty of storage or there’s room for more Living Space. The Backyard is Fully Fenced with a Pergola on a Patio and a Storage Shed. Large Private Covered Front Porch. Don't Miss Out on This Home!!
8-unit multifamily property. This solid investment features eight one-bedroom, one-bath units. The property generates $8,075 in monthly rental income. Whether you’re expanding your portfolio or entering the market, this property is positioned for long-term success.
Located in Rockwood Blvd / Perry neighborhood, this duplex offers a strong opportunity for both long-term and furnished or short-term rental use. Just 2 blocks from Sacred Heart Medical Center and 5 blocks to Providence St. Joseph’s Care Center, it is well positioned for steady demand from healthcare professionals. The main floor features a 2-bedroom unit with a large private front deck, carport parking, and a detached 14x14 studio or shop. Zoning allows for 2 to 4 units, offering future upside potential. The upper unit is a 1-bedroom apartment with private exterior access and an elevated deck beneath a mature Norway Maple tree. Each unit is separately metered, with gas heat on the main and electric heat upstairs. Appliances are included, plus washer and dryer for the main unit. One block to a dog-friendly park. Sold furnished for a turnkey rental or Airbnb setup. Excellent South Hill location near hospitals, parks, restaurants, and services, with flexible use options for an owner occupant or investor here.
Here is your chance for a desirable income producing investment property in the heart of Spokane Valley. This duplex is occupied by long-term tenants and generates $2,400/month in rental income. Each unit features 1 bedroom, 1 bathroom, and 550 Sq Ft of living space on one level. Each unit has its own separately fenced backyard with a deck installed. There is a detached 2-car garage that has been divided so that each unit has its own garage space. There is plenty of off street parking as well. Situated on a corner lot and just blocks from Broadway & Ness Elementary schools. This is an ideal location for your next investment.
Property is a single family converted with upper unit being metered separately. Laundry is in the basement with a separate entrance for upper unit. Zoned retail so a lot of opportunity with this one. Available for owner occpants.
Beautiful new luxury duplex on a quiet culdesac in north Spokane! Whether you’re an investor looking to add a high quality rental property to your portfolio, or an owner-occupant looking to live in one unit while renting the other, this property offers excellent investment potential. Each unit will feature modern finishes and many upgrades including white cabinetry, granite countertops, tile kitchen backsplash, stainless steel appliances, LVP flooring, and contemporary black fixtures and hardware. Enjoy year-round comfort and energy savings with the high-efficiency heat pump and gas furnace as backup. Each unit also has a 2-car garage that is insulated with automatic opener and keypad entry. All these exceptional features attract high quality tenants and make your life as a landlord MUCH EASIER! Estimated completion date December 2026. Additional new duplexes will begin construction soon and will be available for purchase.
Beautiful new luxury duplex on a quiet culdesac in north Spokane! Whether you’re an investor looking to add a high quality rental property to your portfolio, or an owner-occupant looking to live in one unit while renting the other, this property offers excellent investment potential. Each unit will feature modern finishes and many upgrades including white cabinetry, granite countertops, tile kitchen backsplash, stainless steel appliances, LVP flooring, and contemporary black fixtures and hardware. Enjoy year-round comfort and energy savings with the high-efficiency heat pump and gas furnace as backup. Each unit also has a 2-car garage that is insulated with automatic opener and keypad entry. All these exceptional features attract high quality tenants and make your life as a landlord MUCH EASIER! Estimated completion date December 2026. Additional new duplexes will begin construction soon and will be available for purchase.
The property providing excellent potential for an investor owner-user, or developer. 3 parcel downtown Spokane assemblage with existing improvements and additional development land. Zoned DTG allowing for a variety of residential, office, retail, warehouse space and other mixed-use opportunities. Total of three parcel of land comprising 13,336 sq ft. The building was affected by a fire and has a total living area of approximately 6,500 square feet. The third floor has moderate fire damage, primarily to the roof. The middle floor has been completely gutted down to the bare shell. The bottom floor requires some minor repairs but is otherwise livable. The property also features existing utility infrastructure, including overhead power, and a 1 inch existing water line and a 6 inch concrete sewer conduit stub to the property. The existing infrastructure will support up to 12 units with the potential to support up to 24 units. The fiveplex sits on Modern Engineering Foundation 93 inches tall by 8 inch –thick.
Turn key - well above average units -- see photos for sample of how great the condition of this property is -- AND ITS ALL BRICK! 4 plex with 3 detached garage units. All units have own laundry. This 4 plex is like new with a multitude of updates to include roof, gutters all around (including garage), garage doors & openers, sewer line, electrical panels, heaters, stainless steel kitchen appliances, glass top stoves and washer dryer, windows, sprinkler system. All units have AC window units. This property has zero deferred maintenance. Check out the photos to get an idea of how update the units all look.
Beautifully maintained 2 bedroom/ 1 bathroom furnished south hill condo conveniently located near hospital district and downtown dining and shopping. Recently updated second floor unit in secure building with extra basement storage and detached single car garage space. Stainless steel kitchen appliances. Large primary bedroom with double closets. Don't miss out on this great owner occupied or investment opportunity.
Wonderful 7-Bedroom, 2.5-Bathroom investment property with great cashflow potential and track record! This well-maintained income-generating property features 7 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!
Looking for an amazing rental opportunity? This 4 plex offers 4 units each unit is 1 bedroom, 1 bathroom. Units have individual electric meters. Each unit features a wood fireplace with garage parking! The units have all been updated starting in 2020 and ending in 2024. Each units comes with a range, fridge, and dishwasher! There is a common laundry room. This 4 plex is located close to shopping, bus lines, entertainment, and restaurants! Don't miss out on this amazing opportunity!!!
Duplex in the heart of Spokane. Two separately metered units with highly functional layouts and recently updated! Upper unit features a 2-bedroom apartment with a full bathroom and kitchen including updated appliances and newer paint. Main level welcomes you with large living spaces, 3 bedrooms including a primary bedroom benefited by private backyard access and enormous walk-in closet. Enjoy an updated bathroom and kitchen boasting newer appliances. Both units updated 2022-23. Shared laundry room was recently added. Large unfinished basement provides added revenue potential. Spacious backyard offers room for additional revenue or enjoyment. Detached garage accessed by a rear alley provides additional storage. Separate electrical meters, both water heaters replaced 2022-23. Centrally located, 1.5 miles to downtown Spokane, Gonzaga, Spokane’s ‘Sports District’ this updated property generates great rates & offers abundant space.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: [email protected]).
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.”
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.
