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.
Turnkey triplex three blocks from Kendall Yards, recognized by the county as a legal 3-unit. Three 2bd/1ba units of roughly 1,119 sq ft, one per floor, each with its own kitchen, sub-panel and gas meter. Two units are leased at $1,395; the top floor is available now. Where the money usually goes on an older building is already spent: new plumbing in all three units, new tubs, surrounds & tub/shower hardware in units 1 & 3, high-end clawfoot fixtures in unit 2, new windows & mini-split heat/AC upstairs over gas forced air and central air. Sewer main cleared in July 2026. New washer hookup in unit 3 for a combo washer/dryer, plus shared laundry & private storage in basement. Newly fenced with the yard divided so each unit has private outdoor space, and there are six off-street parking spaces in the alley. Original fir floors, bay windows & French doors keep it leasing. Strong furnished-rental history & video walkthroughs of all three units are available on request. Occupied units shown after mutual acceptance.
1808 and 1810 E Sharp, Up and Down Duplex, long-term tenant in upper. New Roof Aug 2026, Sprinklered Front Yard, 2 11x11ft. Storage Units, and 2 covered Carports with metal roofs, Alley access. Vinyl windows. Upper unit new H2O 2026. Lower unit all new heaters 2026. Each unit has wood-burning fireplace. Upper unit has onsite washer/dryer. Lower unit has onsite laundry hookups. Units share Partially fenced back yard. Lower unit renovated 2026 and is vacant for ease of showing. Near Witter Aquatic Center, Centenial Trail, Avista.
Great investment opportunity on Spokane’s desirable South Hill! This well-maintained triplex is ideally located just one block from Lincoln Heights Village and Trader Joe’s, with shopping, restaurants, and public transportation all close by. Each spacious unit offers 2 bedrooms, 1 bathroom, and dedicated laundry hookups. Tenants also enjoy a covered carport space and private storage locker. One unit has been completely updated with new kitchen cabinets and quartz countertops. Additional improvements included fresh exterior paint, enhanced landscaping, and updated light fixtures. The property also has a fenced yard and additional off-street parking. This is an excellent opportunity for investors or an owner-occupant looking to build equity and generate rental income. Priced below tax-assessed value—don’t miss this opportunity!
Welcome to this stunning new 4-plex, located just minutes away from downtown Spokane. Each unit boasts 3 spacious bedrooms, 2 luxurious bathrooms, and over 1200 sqft of living space. The open-concept floor plan, modern construction, and high-end finishes throughout make this property a true gem. Enjoy durable LVP floors, luxurious hard surface counters, under-mount sinks, quality cabinets, and in-unit laundry. Large windows in each bedroom provide natural light and ample space, making every unit feel bright and welcoming. Conveniently located near local shops, restaurants, and parks, this property provides the perfect combination of luxury living and convenience. Don't miss out on this fantastic opportunity to add to your rental portfolio. Estimated completion to be February/March 2027 Photos are from 1428 e 1st ave and finishes will be similar.
SVN Cornerstone is pleased to present Sharp Apartments, a 16-unit multifamily investment opportunity in Spokane, Washington. Originally constructed in 1977, the property offers a well-maintained apartment community with stable in-place cash flow and attractive value-add potential. The unit mix consists of twelve 1-bed, 1-bath units averaging 576 square feet and four 2-bed, 1-bath units averaging 720 square feet. 12 of the 16 units have already been renovated, with the remaining four offered in classic condition. All units feature in-wall air conditioning, baseboard heat, dishwashers and ample closet space, and the property offers onsite laundry and covered parking at the rear. Offered at $1,900,000 ($118,750 per unit / $194 per NRSF), Sharp Apartments generates a 5.77% in-place capitalization rate at 100% occupancy, demonstrating strong tenant demand and operational stability.
Charming 6-Bedroom, 2-Bathroom Home – Excellent Investment Opportunity Spacious and well-maintained 6-bedroom, 2-bathroom home. Whether you're looking to grow your investment portfolio or find a place to call home, this property offers both versatility and potential. - Ideal for use as a primary residence or rental - Proven rental history with steady cash flow - Available individually or as part of a larger rental portfolio at a discounted rate Don’t miss out—Call or Text the listing agent today for more information!
Nicely updated property on North Ruby, and offered fully furnished! This 4+BR, 1.5BA home is a perfect single family rental, furnished room rentals, college student housing, a group or sober living home, or even for home/office or general commercial! Zoned GC-70, which allows for retail, office, residential, and other uses. Located close to Gonzaga, Great Northern University, and sits just north of downtown Spokane on a bus route. The main floor has a large secured foyer, an office, a bedroom, a large L shaped living/dining space, and an updated kitchen with white shaker cabinets, quartz countertops, and stainless steel apps. Upstairs are 3 huge bedrooms with walk in closets and a remodeled full bath. The lower level has a huge family room with egress window (could be a 5th bedroom), a newer half bath, an exercise/study area, and the laundry/mechanical room. Gas heat and updated electrical panel, too. Small fenced yard with deck. Lots of investment possibilities, and the price is fantastic! Dup Listing
This Latah Valley portfolio in Spokane represents a high-yield opportunity approx. 10% CAP rate. Properties with this layout blending single-family residential with mobile home footprints on a single acre provides a strategic value for future high-density re-development. 4 singlewide, 1 doublewide and 1 stick built. New membrane roofs on and newer covered decks, sprinkler system, storage units for singlewides.
If you are looking for your first rental or want to add another, this is the one for you! The first larger unit has a lot to offer. 2815 has 2 bed/1 bath and a large main floor living area, home has a newer hot water tank and the bathroom was remodeled. There is nice tile flooring throughout, making for easy upkeep. The tall ceilings make it feel open. The kitchen is spacious as well as the dining and living room. 2817 has renters who are currently renting month to month. This side also includes 2 large bedrooms and a bathroom. There is unfinished space upstairs that has the potential to be another bedroom or even a bathroom. This duplex also has a good sized kitchen, living, and dining area.
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.
Excellent investment opportunity in Spokane! This updated and well-maintained 4-unit multiplex features four light and bright 1-bedroom, 1-bath units, each offering a practical layout and strong rental appeal. With established tenants already in place in 3 units, this property provides an opportunity to add to an income-producing portfolio while exploring future value-add potential. Possible opportunities include adding additional units and/or a laundry room. Off-street parking adds convenience for residents, while the desirable location puts shops, restaurants, services, and everyday amenities close by. A great opportunity for investors looking for existing income with room to grow!
Courtesy: Opportunities W/ Venture CRE
360-718-8787
Two separate tri-plexes on two separate tax lots. Shared parking lot and private back yard areas. Complete and beautifully done remodel on all units, including the roofs. (See pictures) Sellers have extensive and detailed financials. (See OM) These properties are priced with an accurate and true 6.5% Cap Rate. All offers must be written - "Subject to Interior Inspection". No showings without a ratified transaction. 1824 & 1830 W Maxwell Ave. - Spokane, WA. 99201
Welcome to this huge and versatile new home! This 6-bedroom, 2-bathroom property offers the perfect blend of comfort, functionality, and value! Ideal for large families, multi-generational living, or those just wanting extra space! Enjoy the spacious living areas, ample bedrooms, thoughtful layout, and full central heat and A/C! Located in a desirable area that provides you just enough distance from downtown, while still being close to any resources and amenities you could want! This home is move-in ready while also providing incredible potential to increase value with some simple improvements. As a previous high-performing rental, this home also presents the great opportunity for seasoned or new investors alike! Available individually or as part of a larger 5 rental property portfolio. Don't miss your chance to own this high-demand property with endless potential!
Well maintained two-story duplex featuring 2 bedrooms and 3 bathrooms per unit, with approximately 1,864 sq ft each, and attached 2 car garage each. Functional layouts offer generous living spaces, large bedrooms and flex spaces that can be used as an office or small rec room. Both units are currently rented with long-term tenants, providing immediate and consistent cash flow. Private, two-car, tandem garages and practical floor plans make this an attractive, low maintenance addition to any investment portfolio. Would make for a great owner-occupied property.
Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a triplex, offering 2 bedrooms each.. The second building includes a total of 6 units, made up of one studio, three 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $10,261. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.
Courtesy: Kidder Mathews
360-705-2800
Max Frame
Lincoln Heights Manor presents a compelling value-add opportunity in one of Spokane’s most desirable neighborhoods. This well-maintained 36-unit community offers a mix of primarily spacious 2-bedroom apartments and 3-bedroom townhomes featuring private balconies or patios. Residents enjoy a convenient location within walking distance of shopping, schools, parks, employment, and a variety of everyday amenities. In addition to its strong location and attractive unit mix, the property offers further upside through the potential conversion of the existing clubhouse into an additional residential unit.
This 20-unit multifamily investment property offers a mix of 1 three-bedroom unit, 11 one-bedroom units, and 8 studios, with gross monthly income of $21,740.46. Located near Downtown Spokane, the property features off-street parking, on-site laundry, and a roof replaced in 2025. The 14,353 SF building was built in 1914 and is offered at $2,000,000, or $100,000 per unit, with a reported NOI of $143,038.07 and a 7.15% cap rate.
Incredible South Hill single family or duplex home with private, self-contained attached ADU apartment. 5 beds, 5 baths total 4100sf. Perfect for owner occupy multi-family/generational living - or - easy to lease income investment. This updated 1925 built home boasts gorgeous original finishes, fixtures, and charm galore with built-in niches, cozy corners, and architecture that just does not exist in today's builds. The main residence offers 3 bedrooms and 3 baths in 3000 square feet of space with a 2 car garage. The ADU offers 2 bedrooms, 2 baths, fully updated/modern finishes in 1100 square feet of space with single carport parking. Both units are currently leased with a monthly income of $3945. Brand new roof is done August 2026. Don't miss this one; it's one of the best opportunities on the market today!
Welcome to 603 W Augusta Ave, Units 601 & 601 1/2—a recently remodeled triplex with a strong rental history and excellent occupancy since 2021. The property features a 2-bedroom house with in-unit laundry, plus an attached duplex addition fronting Howard Street that includes a 2-bedroom unit and a studio. The property has benefited from consistent tenant demand, with tenants renewing annually. Each tenant pays their own electricity, helping keep operating expenses manageable. Recent improvements include a new roof, new siding on the additional structure, new flooring and a refrigerator in the studio, and a new hot water tank. Located directly across from North Central High School, this property offers an attractive opportunity for investors seeking an established income-producing property or owner-occupants looking to live in one unit while generating rental income from the other two. Current leases provide immediate rental income, with additional opportunity for future rent increases.
This 15-unit multifamily property is located on Spokane’s desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 7 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.
Phenomenal investment opportunity moments from Whitworth University in North Spokane. One duplex in a larger portfolio of 5 duplexes inclusive of 44 bedrooms across the ten rental units grossing an average of $20,000/month. Rarely does an active portfolio like this become available in such a desirable rental location. This is a prime candidate for reinvestment of 1031 money in today's market, as the market is prime for continuing gains in property value and rental increases under new management and as the university term resets. Call today for more information!
Three-unit income property just north of Gonzaga University with immediate rental income, and a VA assumable loan at just 4.99%. VA-eligible buyers may be able to assume the existing financing with as little as 0% down. Live in one unit while the other two help pay the mortgage, or rent all three with potential cash flow of $1,000+/month. Current rental amount totals $4100/month. A newer roof and metal siding with newer appliances making maintenance simple. The property includes a 3-bedroom, 2-bath unit, a 2-bedroom, 1-bath unit, and a 1-bedroom, 1-bath unit. Two units have been remodeled, including the main-floor unit with new windows, LVP flooring, fresh paint, and an updated kitchen and bathroom. The third unit with long-term stable tenant offers future potential to add value. Separate electric meters, and dedicated parking spots in a fenced lot. Close to downtown Spokane, shopping, dining, the Spokane River, and Centennial Trail.
Great North Spokane duplex in a convenient central location offering consistent rental income with tenants currently in place. Each unit features approximately 750 sq ft with 2 bedrooms, 1 bathroom, in-unit washer/dryer hookups, covered parking, a large fenced yard, and separate storage units under the attached carport. The property has benefited from numerous improvements over the years, including 2026 updates featuring exterior siding repair and painting, partial new flooring, and select new appliances. Other improvements include vinyl windows, updated kitchen countertops, and bathroom updates. A solid investment opportunity with potential for future owner occupancy!
Exceptional investment and development opportunity on ±4.42 acres of Light Industrial-zoned land in a prime Spokane location with quick, convenient access to I-90. This versatile property offers the rare combination of immediate rental income and outstanding future development potential. Two updated residential homes are currently leased, generating $4,600 per month with the opportunity for immediate rent increases. The homes include a 5-bedroom, 2-bath residence with approximately 1,656 square feet and a 4-bedroom, 2-bath residence with approximately 1,200 square feet. Continue collecting rental income while planning your next commercial or industrial project. The Light Industrial zoning supports a variety of business and development opportunities, making this an ideal investment for developers, owner-users, or investors seeking long-term upside. Rarely does a property offer this combination of income, flexibility, desirable zoning, and a highly accessible location.
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.
