Investor-owner occupant opportunity featuring well-maintained side-by-side duplexes with pride of ownership throughout. Freshly painted exteriors, clean units, and manicured landscaping create strong curb appeal and lasting value. Each unit offers a functional layout just under 800 SF with 2 bedrooms, 1 bathroom, in-unit laundry, and A/C units — attractive amenities for tenants and owners alike. Several units have been updated with LVP flooring, refreshed kitchen and bathroom countertops, and additional interior improvements over current ownership. The property includes ample off-street parking plus dedicated storage units that offer additional income potential. Centrally located with convenient access to shopping, dining, and services, this is an excellent opportunity for an investor seeking stable income or an owner-occupant looking to offset living expenses. The adjacent duplex is also available, offering the opportunity to purchase individually or as a package deal.
Investor-owner occupant opportunity featuring well-maintained side-by-side duplexes with pride of ownership throughout. Freshly painted exteriors, clean units, and manicured landscaping create strong curb appeal and lasting value. Each unit offers a functional layout just under 800 SF with 2 bedrooms, 1 bathroom, in-unit laundry, and A/C units — attractive amenities for tenants and owners alike. Several units have been updated with LVP flooring, refreshed kitchen and bathroom countertops, and additional interior improvements over current ownership. The property includes ample off-street parking plus dedicated storage units that offer additional income potential. Centrally located with convenient access to shopping, dining, and services, this is an excellent opportunity for an investor seeking stable income or an owner-occupant looking to offset living expenses. The adjacent duplex is also available, offering the opportunity to purchase individually or as a package deal.
Charming and updated duplex blending classic character with practical modern updates. This income-producing property features a new roof in 2022, exterior paint completed 2 years ago, and a fully fenced yard with alley access and off-street parking in back. Both units offer 2 bedrooms, 1 bathroom, separate laundry, comfortable living spaces, and great natural light throughout. Separately metered utilities allow tenants to pay their own gas and electric through Avista, while owner currently covers water, sewer, and garbage. The upper unit is currently leased through September 30, while the lower unit has new tenants as of June. Strong opportunity to add to your investment portfolio with immediate income potential and future upside.
Great investment opportunity with three occupied, loft-style bedroom units just minutes from Gonzaga University and Spokane Community College. Well designed layout main floor living, laundry, kitchen and bathroom. Loft space includes bedroom with walk-in closet. Private back patio and backyard space for each unit and a shared grassy front yard. 7500 sq ft lot with carport, storage shed and additional off-street parking. 1 block away from the Centennial Trail and the Spokane River. This property offers strong rental appeal and dependable cash flow potential. Tenants signed new 6 month leases in April and May.
Fully Rented, Centrally Located, Income Generating Triplex! The main level consists of Unit 1 which has been nicely renovated, having 1 bedroom, 1 bath, private in-unit laundry and a private deck. The second, main-level unit also provides 1 bedroom and 1 bath, as well as a private covered deck off the back of the home. The upper level has its own private, exterior entrance and consists of 3 rooms and 2 bathrooms. The basement space offers owner-supplied washer and dryer, tenant storage closets and mechanical area. Well-tended, mature landscaping is complete with a sprinkler system. Off-street, concrete parking pad at the back of the property. Near bus routes, restaurants, grocery, fuel and other amenities. Schedule your private showing today!
BOM at no fault of Seller! Discover an incredibly unique opportunity on a full acre! This versatile property features 3 separate living spaces, making it ideal for multi-generational living, rental income, home-based business opportunities, or investment potential. The main residence, built in 2017, offers over 2,800 sq ft with 4 bedrooms & 3 bathrooms, including a private in-law setup with its own bedroom, bathroom, & living area. The bright & thoughtfully designed living space features soaring ceilings, a gorgeous kitchen, & spacious family room. Above the garage is an additional bonus space with its own bedroom & bathroom. Attached to the main home is a separate front unit offering 3 bedrooms, 2 bathrooms, & over 1,200 sq ft. Currently tenant occupied, it provides steady monthly income. The property also includes a 2,400 sq ft shop complete with addt'l living quarters above. With a paved driveway servicing all 3 units, this property offers endless possibilities.
Duplex with 2 Fantastic floorplans! Functional/Separate layouts, both recently updated! Top unit lives like a 2-bedroom apartment. Main level 3 bedrooms are spaced for privacy & largest bedroom has private backyard access. Rent separately/in-law autonomous living spaces. Upper & main units updated 2022-23. Upper unit features outside private entrance, apartment style layout, 2 bedrooms, full bathroom, newer paint & updated appliances. Main level unit offers 3 bedrooms, full bathroom, updated kitchen, newer appliances. Primary bedroom is enormous with walk-in closet. Shared laundry room recently added. Large unfinished/unutilized basement provides added revenue potential. Spacious backyard offers room for additional revenue or enjoyment. Detached garage has separate storage room. 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 space to increase revenue!
This immaculate 1923 bungalow sits directly across from Manito Park, with Rockwood Bakery steps away. The main floor is a successful Airbnb, and the lower level is a fully furnished month to month rental. The property generated over $64,000 in 2025 ($3,440 average monthly for the Airbnb and $1,900 for the lower unit). Updated throughout and offered fully furnished, it’s a standout income property. The main floor features a formal living room with oak hardwoods and a marble faced fireplace, an oversized dining room with built in hutch, and an updated kitchen with white cabinetry, stainless appliances, and a gas range. Two bedrooms and one updated bath complete the level. The lower level is a private suite with its own entrance, full kitchen, full bath, two egress bedrooms, and a comfortable living/dining area—ideal for rental income or multigenerational living
Fully leased duplex in the Garland District offering immediate income. Each 900 sq ft unit features 2 oversized bedrooms, 1 bathroom, in-unit laundry, a full kitchen, and a primary bedroom with double closets. One unit has recent updates including new flooring, paint, A/C, and blinds, while the other includes a newer refrigerator installed in 2024. Property includes an individual carport and storage for each unit, alley access, off-street parking, and shared green space. New roof installed in 2016. Located just one block from Garland, offering convenient access to public transportation, shops, restaurants, entertainment, and more, all supporting long-term tenant appeal.
Fully leased duplex in the Garland District offering immediate income. Each 900 sq ft unit features 2 oversized bedrooms, 1 bathroom, in-unit laundry, a full kitchen, and a primary bedroom with double closets. One unit has new flooring and paint, while the other features newer paint, flooring, and appliances, making this a low-maintenance investment. Property includes an individual carport and storage for each unit, alley access, off-street parking, and shared green space. New roof installed in 2016. Located just one block from Garland, offering convenient access to public transportation, shops, restaurants, entertainment, and more, all supporting long-term tenant appeal.
$25,000 Price Improvement! Built in 2022 and fully rented, this thoughtfully designed duplex offers immediate income and rare future expansion potential. Situated on a low-density residential lot just minutes from Whitworth University, the duplex is positioned toward the back of the property, leaving room for a future duplex or single-family residence (buyer to verify). Both units feature quality finishes, quartz countertops, stainless steel appliances, and gas ranges. The main floor unit offers a spacious bedroom with walk-in closet and en-suite bath, guest bath, pantry, laundry, built-in wine rack, gas fireplace, open-concept living, and covered patio. The upper unit features a spacious bedroom, full bath, pantry, open living area, large deck, and convenient laundry access. Attached 2-car garage includes an additional 3/4 bath and flexible use options. A rare opportunity to own newer construction with built-in income, quality finishes, and room to grow!
Exceptional investor or owner-occupant opportunity featuring a well-maintained fourplex in North Spokane within the desirable Mead School District. With strong rental history and quality updates throughout, this property offers excellent income potential and long-term value. Each unit features just under 1,000 SF with 2 bedrooms, 2 bathrooms, including a primary suite, plus LVP flooring, updated cabinetry, stainless steel appliances, updated vinyl windows, in-unit laundry, and individual A/C units. Residents also enjoy private balconies or porches, off-street parking, and detached garages for added convenience and income potential. Gross Monthly Income: $5,360. NOI: $51,453.83. Cap Rate: 7.1%. Potential to package 803 W Knox Ave and 1511-1517 W Euclid Ave for expanded investment opportunity.
Investor or owner-occupant opportunity featuring a centrally located fourplex with strong rental history and modern finishes throughout. Offering excellent income potential and long-term appeal. Each unit features approximately 1,100 SF with open-concept layouts, 9-foot ceilings, 2 bedrooms, and 1.5 bathrooms. Interior finishes include LVP flooring, updated cabinetry, stainless steel appliances, modern fixtures, in-unit laundry, and updated windows. Off-street parking adds additional convenience for tenants and owners alike. With attractive floor plans, newer construction, and consistent rental performance, this property presents an excellent opportunity for investors or owner-occupants. Gross Monthly Income: $5,650. NOI: $52,654.70. Cap Rate: 7%. Potential to package 1511-1517 W Euclid Ave and 8705 N Colton St for expanded investment opportunity.
Excellent investment opportunity featuring a portfolio of two well-maintained side-by-side duplexes with strong pride of ownership and great rental history. Together, the properties offer four total units with functional floor plans just under 800 SF each, featuring 2 bedrooms, 1 bathroom, in-unit laundry, and A/C units — desirable amenities that support strong tenant appeal. Several units have been updated with LVP flooring, refreshed kitchen and bathroom countertops, and additional improvements completed during current ownership. The properties also include fresh exterior paint, manicured landscaping, ample off-street parking, and dedicated storage units that provide additional income potential. Centrally located with convenient access to shopping, dining, and everyday services. Gross Monthly Income: $4,830. Each duplex is available for purchase individually, with additional potential to package 803 W Knox Ave and 8705 N Colton St for expanded investment opportunity.
Nestled along the scenic banks of the Spokane River and just steps from the Centennial Trail, this well-maintained 2016-built duplex offers an exceptional investment opportunity or owner-occupant setup. Each townhouse-style unit features 3 spacious bedrooms and 2.5 bathrooms, including a primary suite with an en-suite bath for added privacy. The bright, open-concept main floor flows seamlessly from the living area to a modern kitchen equipped with a breakfast bar and ample storage. Large windows and a backyard patio flood the space with natural light, perfect for entertaining or relaxing. Each unit includes convenient main-floor laundry, central air conditioning, and an oversized attached one-car garage. Enjoy a park-like setting with mountain and territorial views, complete with a level yard and automatic sprinklers. Centrally located near shopping, dining, and Gonzaga University, this property combines modern comfort with the best of Spokane’s outdoor lifestyle.
Well-maintained 5-unit investment property (3 two-bedroom units and 2 one-bedroom units) with space for an optional 6th unit, offering strong in-place income and clear upside potential. Current operations show approx. $66,554 in annual gross income and ~$47,740 NOI, with low expenses around $18,800/year. Durable brick exterior and recently replaced roof help minimize future capital expenditures. One unit has been fully updated, while the remaining units offer a mix of hardwood floors and functional layouts with room for additional value-add improvements. Property features both off-street and on-street parking, including a large covered carport, along with a community coin-operated laundry room providing additional income. Low-maintenance lot with a small shared yard space for tenant enjoyment. Currently 100% occupied with strong rental demand, making this a solid opportunity for investors seeking stable cash flow with future growth potential.
Side by side duplex investment property. Same owner for 15 years with several updates where it counts. Newer roof, windows, doors, flooring and much more. Centrally located to all of Spokane's offerings. Nice deck space to enjoy the managable back yard with additional parking area. Proffesionally managed and ready for a new owner!
Investor’s dream! Rare opportunity to own two great homes on one lot with endless possibilities, conveniently located just steps from a tennis court, amenities, shopping, dining, and public transportation. The main home, originally built in 1909, was remodeled in 2019 and features 3 bedrooms and 2 bathrooms with a new roof, new siding, vinyl windows, LVP flooring, granite countertops, and stainless steel appliances. The secondary quaint cottage offers 2 bedrooms and 2 bathrooms and is perfect for rental income, in-law quarters, multi-generational living, home business, guest space, and more. Both homes are currently rented, and the tenants would like to stay, making this a fantastic turnkey investment opportunity. Live in one and rent the other or continue renting both for excellent income potential. Call for more information!
Well maintained Triplex for sale located in Spokane WA. One unit is 1 bed, 1 bath, remaining 2 units are 2 bed, 1 bath. Recent updates include: Unit 6410 - new water heater (2022), unit 6412 - new range (2023), Laundry room - new water heater, flooring, electrical sub-panel (2022), exterior - new paint, new gutters, new landscaping (bed and shrubs) (2022) and new washer and dryer in shared laundry room (2023). Carport with three parking spaces and detached garage/storage. All units are currently leased. Upside potential in rents. Seller currently occupies detached garage for storage. Do not disturb Tenants. Access provided upon accepted offer.
Value add play on 16 units with excellent visibility and access from Highway 2. Strong unit mix of 2br and 3br units on a large parcel that may offer a development play along Highway 2. Most units need some updating and the exterior could use landscaping help. Out of town owner wants to sell and we are looking for some new energy to make this property perform.
Gonzaga-area rental property just a handful of blocks from GU and very conveniently located near Safeway and McDonald's. This 4 bed, 1 bath home has 3 main floor bedrooms with tall ceilings, and a large 4th bedroom and secondary living room w/ room for a 2nd bathroom upstairs. Just inside the front door is a huge enclosed porch that provides additional finished space great for storing bikes and gear along with the butler's pantry leading into kitchen with tile floors which is great for durability. Outside includes a fenced yard and inground sprinkler system. All this with a brand new exterior paint job last summer. Rented to GU Students for past 20 years! Great way to grow your investment portfolio with a proven track record!
An exceptional investment opportunity just blocks from Gonzaga University. This student rental property includes two attached homes with strong rental history and leases secured for the 2026–2027 school year, generating $6,490/month in gross income. The front home is a character-filled 1899 Craftsman offering 5 bedrooms and 2 bathrooms. Attached behind, the newer 2006-built residence features 7 bedrooms and 2 bathrooms designed for high-demand student living. The property also includes a 3-car garage, off-street parking, and a highly walkable location near campus. A rare chance to own a turnkey income-producing property in one of Spokane’s most consistent rental corridors.
Leased for the 2026–2027 school year, this Gonzaga investment property offers immediate income potential just blocks from campus. The 4 bedroom, 2 bathroom home features recent updates including newer appliances, a spacious primary suite with a 5-piece en suite bathroom, and functional living spaces designed for student housing. Outside, enjoy a sprinkler system and a detached 2-car garage. Currently generating $1,950/month in gross rent, this is a strong opportunity for investors looking to expand their portfolio in one of Spokane’s most consistent rental markets.
2019 Built Multi-Family Property in prime location~ Fully Rented always at $1400 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!
Gonzaga area rental house ready for GU parents and investors alike! This 5 bedroom, 2 bath home has been rented to Zag students for the past 21 years with zero vacancy. Vinyl siding, vinyl windows, gas furnace, central a/c, new flooring and new interior paint. Main floor laundry/mud room off back door. Fenced backyard and ample paved parking in front and back. Just a few short blocks from campus. Tenants pay ALL utilities including W/S/G. Leased through May of 2027 for $2875/mo. Home is occupied and virtually staged for photos.
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.
