Charming farmhouse-style Craftsman on over half an acre near Whitworth University, directly across from Holberg Park and close to biking trails. Recently renovated, the main home features 2 bedrooms, 1 bathroom, and a bonus room upstairs. The daylight basement offers a separate 2 bed, 1 bath unit currently generating $1,500/month in rental income. Additional unfinished basement space already has plumbing and electrical in place for future potential. Outside, enjoy a 30x30 shop, huge yard, and possible additional development opportunities (buyer to verify). A new roof in 2025 adds peace of mind. A unique opportunity for multigenerational living, rental income, or simply more space in a fantastic location.
Investor-ready up/down duplex just off the North Monroe corridor, steps from Elliott's Kitchen and minutes to downtown Spokane. The main-floor unit lives large with 2 bedrooms, 1 bath, and roughly 1,479 sq ft of living space including a partially finished basement; upstairs offers a 1 bed, 1 bath unit with a bonus room area — ideal for a home office or flex space. Both units are tenant-occupied, so the income starts on day one. Improvements completed since the current owner took over, plus forced-air heat and a 200-amp panel. Outside, a fully fenced 6,000 sq ft lot, detached garage, and classic 1905 character on a quiet block in Emerson-Garfield, served by Garfield Elementary and North Central High. Whether you're growing a rental portfolio or looking to house-hack, this one checks the boxes. Schedule your showing today!
Up/Down duplex near Gonzaga University in good condition with long time stable tenants. Main floor unit has use of garage from alley access. Both units share fenced back yard. Upper unit has rear and front entry stairs. Rents total approx. $2,000 per month.
Cash-Flowing Triplex with Value-Add Potential! Fully occupied and producing $3,275 per month in gross rental income ($39,300 annually), this investment property offers immediate returns and long-term upside. The unit mix includes one 2-bedroom unit and two 1-bedroom units with established rents of $1,400, $1,000, and $875 per month. Great South hill location! Investors will appreciate the opportunity to further increase returns through future rent adjustments, property enhancements, improved operational efficiencies, and potential basement unit expansion. With tenants already in place and income from day one, this property checks the boxes for investors seeking both stability and growth. New roof in 2019 and new vinyl windows in 2025. Rare opportunity to acquire a performing asset with existing cash flow and multiple strategies for increasing value and maximizing ROI. Showings available with accepted offer. AI was used to remove tenant personal items. Buyer and buyer's agent to verify all information.
Investment opportunity at 4025/4027 N. Washington — a well-maintained Spokane duplex generating $3,400/month in gross rental income ($40,800/year), in place and ready for a new owner. Lower unit (4025): 3 bed/1 bath with hardwood floors, an updated kitchen, and a fenced yard. Upper unit (4027): 1 bed/1 bath with private stairway and deck access. A detached 2-car garage adds valuable storage and additional income upside, while the low-maintenance exterior helps keep operating costs down. With a strong unit mix, proven rental history, and immediate cash flow, this duplex is a turn-key addition to any investment portfolio — whether you're expanding your holdings or acquiring your first income property. Located in an established Spokane neighborhood with consistent rental demand. Schedule your showing today and see the numbers for yourself.
Own a piece of Browne's Addition, a circa-1900 Victorian 4-plex just blocks from downtown Spokane, 100% occupied and grossing $3,445/month. Character you can't build anymore: curved bay windows, arched fanlight, twin columned porches, and a striking floor-to-roofline river-rock chimney anchoring the front. The 2,584 sq ft layout spreads four 1 bed/1 bath units across two stories, plus a partial basement for storage and mechanicals. All four leases are current with staggered expirations into 2027 and rents of $800–$925 dependable day-one cash flow with clear upside to market rents on turnover. Out back, gravel off-street parking with alley access keeps tenants happy in a neighborhood where parking matters. Walk to Coeur d'Alene Park, the MAC, and the cafes and pubs of Spokane's oldest neighborhood; minutes to downtown, Kendall Yards, and the medical district. Turnkey income in a location that never goes out of style. Schedule your showing today!
Wow — this place is a gem. This immaculate 8-unit property has a gorgeous brick exterior, hardwood floors and original woodwork, and individually controlled hot-water radiators that keep every updated unit comfortable. The full basement is impressively clean and includes leased laundry machines, the boiler and tanks, plus generous storage for both residents and the owner. The property is beautiful, well cared for, and consistently enjoys stable occupancy. 1015 and 1017 S Cherry are garages converted to units in the '50s and 1720 W 11th is a one bedroom detached unit. All are on the same lot and those three units have their own heat, lights and hot water. Average rents shown for 5 1brs. Expenses in Assoc. Docs. No seller financing.
Exciting price change! This exceptional property is in beautiful condition, with recent updates including a custom kitchen and four updated bathrooms. All appliances included! An outstanding opportunity for a rental investment or an excellent multigenerational home. Easy to show. This is a brick rancher on a corner fenced lot. Easy care landscaping. Two car attached garage and additional detached garage w RV electrical panel. Interior is spotless! Main floor of each unit is one bedroom, one bath, fireplace and beautiful hardwood floors. Each unit has full finished basement w/ 2 bedrooms in one unit and one bedroom in second unit. Each unit has basement fireplace and family/entertainment rooms. Each unit has stack washer and dryer. This home has separate outside entrance but also features interior connection door for convenient multigenerational family use. So many possibilities-as an investment property, an owner-occuped home with rental income, or a multigenerational home. The seller welcomes buyer agents!
Excellent, High-Value 1-Level Tri-Plex adjacent to City Park and just blocks to the Central YWCA and Kendall Yards...fantastic central location! 2 Bed/1 Bath Units, Two of which have been significantly remodeled.
Great investment opportunity with this South Hill duplex. Located just 3 blocks from the West side of Underhill park walking trails and the Ben Burr Trail. 2 Story duplex offering 3Bd, 2.5Bth and nearly 1400 sq.ft. per side. Nicely updated and features Granite Counter tops, Durable laminate wood floors, Tile floors and tub surrounds, Natural wood cabinets and an open great room design. Each unit also has 1 car attached garages and decks overlooking fully fenced back yards. Great central location on a quiet cul-de-sac and just minutes from Downtown or Spokane Valley. Recently added Gas forced air heat w/central A/C and still offers in wall heaters in addition to the central HVAC system. Current income of $1810 for 2419. Long term tenant in 2417 will be moving, giving a potential income of $2300 per month or an opportunity for owner occupant while renting the second unit.
High-Yield Multifamily Opportunity in Spokane! This fully renovated 8-unit apartment building offers investors an exceptional 9.66% CAP Rate in a high-demand rental market. Every unit has been updated, significantly reducing immediate capital expenditure risk and supporting a "turn-key" ownership experience. The property’s desirability is proven by its recent performance. Introducing a turnkey fully renovated, centrally located 8-unit multi-family nestled in the heart of Spokane. This historic property exudes old-world charm and presents an attravtive investment opportunity. With alley access , there's ample off-street parking, a significant asset in any urban setting. A shared laundry facility adds conveniece for residence and separately metered units allow for straightforward utility management. Its proximity to downtown and Kendall Yards makes it an attractive choice for those desiging central, vibrant living. Don't miss this opportunity to invest in a piece of Spokane's history with excellent return
Incredible opportunity to acquire this 10-unit apartment located across the retail plaza of N Division and Francis, near NorthTown Mall & city amenities. This 7,950 sq/ft building is situated on a 150'x128' lot and features 10 units across two levels, plus covered parking and a front yard with sprinkler system. Nine units are 750 sq/ft 2 bed/1 bath, and one is 550 sq/ft 1 bed/1 bath. All ten units are leased out. The units include a spacious entry living room and kitchen/dining room with ample white cabinetry, free-standing range, dishwasher & fridge. Don't miss this rare turn-key investment opportunity -
Live in one unit and rent the other — or secure an outstanding investment! This brand-new turn-key duplex is strategically located just minutes from Downtown, the University district & NorthTown Mall shopping, perfectly positioned for high occupancy. Each two-level unit offers a 3-bed/3-bath configuration, both with their own garages and private fenced backyards. With 1,500 sq/ft per unit, these spaces exceed the average Spokane rental size, providing a competitive advantage. The main level features a light-filled great room with ample seating & dining space for everyday living & entertainment. The kitchen provides quartz surfaces, tons of storage and stainless appliances. The dining leads out the backyard patio, perfect for relaxation & BBQs. Upstairs features a convenient primary suite with a walk-in closet and its own bath including a double-sink vanity, alongside two guest rooms, a full guest bath, and a dedicated laundry closet. Don't miss the chance to secure this premium new build in a prime location!
Discover your next investment opportunity with this exceptional rental duplex! Situated in a prime location, perfectly positioned to attract potential tenants. Its close proximity to dining and groceries ensures both convenience and accessibility! Each unit boasts 3 bedrooms & 2.5 baths across a generous 1,540 sq/ft of living space. The entry welcomes you with a coat closet and an accommodating half bath. Finishes feature LVP flooring exuding both durability and style. Darker tones throughout add a touch of sophistication while ensuring long-lasting beauty. The heart of each unit lies in the open-space living area, with the kitchen offering ample cabinetry, stunning granite countertops for meal prep, and stainless steel appliances and covered back patios and oversized garages. Upstairs you'll find a master suite offering a spacious walk-in closet, and bath featuring double sink vanity with tub. Two additional guest rooms, a full bath, and laundry closet. Come see this!
Rare investment opportunity: brand-new duplex located just minutes from the University District, SCC and downtown shopping & dining. This asset is a dream for investors or those seeking a house-hack opportunity, live in one side while the other pays your mortgage! Each unit includes their own garage with a large driveway space, rear additional parking, plus private fenced backyards with gated access. The spacious 1,388 sq/ft units (2,766) sqft total) offer 3 bedrooms and 2.5 baths each, finished in an attractive blend of contemporary and traditional styles. The main level includes a great room connecting the living area to a kitchen showcasing quartz surfaces, plenty of cabinetry, and stainless steel appliances. Upstairs, find a large primary suite with a walk-in closet and a double-sink bath, two guest bedrooms, full guest bathroom, and a laundry closet. Don’t miss this rare chance to acquire a new-construction duplex in a high-demand area, schedule your private showing today!
20-unit multifamily investment opportunity in convenient North Spokane location. The property features 20 one-bedroom, one-bath units with LVP flooring, off-street parking, and an on-site laundry facility. Effective Gross Income of $18,310.20 per month. Built in 1965, the 12,800 SF property offers an attractive investment profile with a $134,042 NOI and 6.7% cap rate.
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $16,092.13 in Effective Gross Income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $114,247.54 NOI and a 7.14% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.
Courtesy: The Paragon Group
509-943-0400
Peter Clark
3906-3912 N Cedar St & 1332-1336 W Garland Ave offers three triplexes on three parcels in Spokane’s Garland District. The 9-unit portfolio has already benefited from meaningful ownership investment, including renovated interiors in 6 of 9 units, and major CapEx such as new roofs and windows. With stabilized performance and proven rent growth on renovated units, the portfolio offers dependable in-place income with additional upside remaining. The remaining upside is straightforward and achievable. As long-term tenants naturally vacate, select units can be renovated to match the quality of the completed interiors, allowing rents to continue moving toward proven renovated unit levels. This creates a clear path to incremental cash flow growth while preserving the portfolio’s stabilized performance. Located in the heart of the Garland District, the portfolio benefits from one of Spokane’s most recognizable neighborhood corridors. Known for its historic theater, local restaurants, shops, pubs, and neighborhood character, Garland provides tenants with a walkable, amenity-rich setting while remaining close to Spokane’s broader employment and commercial centers. Continued reinvestment in the district has strengthened its appeal, making the location a clear positive for long-term tenant demand.
Courtesy: The Paragon Group
509-943-0400
Peter Clark
3123-3125 E Carlisle Ave is a fully renovated 7-unit multifamily property in Spokane. The property features a uniform two-bedroom, one-bathroom unit mix, providing operational simplicity and broad tenant appeal. With updated interiors, stabilized occupancy, and limited near-term capital needs, the asset offers immediate cash flow supported by straightforward day-to-day operations. The property is located in a tight residential pocket of east Spokane with convenient access to nearby employment, education, transportation, and recreation drivers. Tenants benefit from proximity to grocery stores, dining, parks, public transit, and major arterials, while investors benefit from a concentrated comp set supported by recent sales, new construction, and active investment within the immediate area. This localized momentum helps distinguish the property from the broader Southeast Spokane market and reinforces demand for well-maintained rental housing in the submarket. As Spokane continues to grow, the area surrounding E Carlisle Ave is positioned to benefit from ongoing infrastructure improvements, including the continued development of the North-South Corridor. The combination of high occupancy, updated condition, straightforward two-bedroom floorplans, and remaining upside through rent adjustments and utility reimbursement creates a durable small-balance multifamily opportunity.
Exceptional investment opportunity at 3003 E 30th Ave! This versatile property features three separate rental units, offering outstanding income potential for both short-term (Airbnb/VRBO) and long-term rentals. The property has generated an average monthly income of approximately $7,000, making it an attractive opportunity for investors seeking immediate cash flow. Whether you're looking to expand your portfolio, occupy one unit while renting the others, or maximize income through short-term rentals, this property offers exceptional flexibility. Conveniently located on Spokane's desirable South Hill near shopping, dining, parks, and major commuter routes, this turnkey investment combines strong income potential with an unbeatable location. Don't miss the opportunity to own a versatile, income-producing property with proven performance.
Courtesy: The Paragon Group
509-943-0400
Peter Clark
Offered at $799,000, or $114,143/unit, 10th Avenue Apartments presents a compelling cash-flow opportunity in Spokane’s historic Cliff/Cannon neighborhood. Individually metered and 100% occupied, the property provides immediate, stable income. A recently signed lease brings total monthly revenue to $7,792. At the asking price, the property offers an 8.01% in-place cap rate, with a path to an 8.56% pro forma cap rate, and is well positioned for straightforward continued operation. Significant capital improvements have been completed, reducing near-term capital needs for new ownership, including a new roof in 2022, exterior paint, a new hot water heater, interior paint in the common areas, parking area updates, and a new electronic garage door opener. Residents also benefit from onsite laundry, garage storage, and off-street parking. Four of the seven units have been renovated, combining updated interiors with the character of the original construction. The residences feature a mix of high ceilings, original wood floors and LVP, skylights, fireplaces, and covered porches, distinguishing the property from more typical apartment offerings. Located on the lower South Hill, the property is minutes from downtown Spokane, the Medical District, neighborhood parks, Huckleberry’s Natural Market, and other South Hill amenities. Its established location provides convenient access to major employers, shopping, recreation, and transit, supporting continued renter demand.
SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential. - Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans. - One month to month lease creates the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements. - Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers. - Recent improvements include LVP flooring and updated kitchen cabinets
Welcome home to this beautifully updated North Spokane property offering space, flexibility, and rental income! The main floor unit features 4 bedrooms and 2 bathrooms, with stylish updates throughout and a comfortable, move-in-ready feel. As an added bonus, the basement unit features a separate entrance with 1 bedroom and 1 bathroom, complete with its own full kitchen and laundry, perfect for multigenerational living, extended guests, or rental income. Outside, enjoy a fully fenced backyard with with covered outdoor patio space. Plenty of room to relax, entertain, garden, or play, plus the convenience of a single-car garage. Ideally located in North Spokane with easy access to shopping, dining, schools, parks, and everyday amenities. With 5 total bedrooms, 3 bathrooms, two kitchens, and separate living possibilities, this unique property offers incredible versatility and opportunity. Don’t miss it!
Great low maintenance Duplex opportunity with two separately metered units. One block to historic Corbin Park and 2 blocks to bus line. First unit has open floor plan 2 bed 1 bath with washer/dryer in unit and tile floors. Second unit with cozy 1 bed 1 bath and LVP flooring. Many updates in place including flooring, kitchen cabinets, counter tops, and lighting. Great rental history, easy to rent location, and close to Downtown. Walkable to Garland and Monroe street districts. Updated poured concrete foundation and newer main water line. Priced to sell.
3.625% ASSUMABLE LOAN with lender approval!!! INVESTOR OPPORTUNITY awaits with this exceptional duplex investment! Live in one side and rent the other, or maximize your income by renting both units. Each spacious unit features 3 bedrooms, 2 bathrooms, plus upper and lower living levels with a huge family room, providing plenty of room for comfortable living. The 2409 unit has been beautifully remodeled, while the owner-occupied unit is approximately 60% updated, offering the chance to add your own finishing touches and build additional equity. Carport and storage area for each unit with alley access. Whether you are an investor or an owner-occupant looking to offset your mortgage with rental income, this is a RARE OPPORTUNITY TO ASSUME EXISTING LOAN you won't want to miss out on!
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.
