6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4200! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
6-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4275.00. An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
7-Bedroom, 2.5-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 7 private bedrooms and 2.5 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4925.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
6-Bedroom, 2-Bathroom SRO Investment Property – High Cash Flow Opportunity! Well-maintained and income-generating Single Room Occupancy (SRO) property featuring 6 private bedrooms and 2 shared bathrooms. This single-family home is rented by the room, generating a gross monthly income of $4300.00! An SRO (Single Room Occupancy) model provides tenants with private rooms while sharing common areas such as the kitchen, bathrooms, and living spaces, making this a popular and affordable housing option. Investor Highlights: - All tenants on flexible month-to-month leases - Potential for increased cash flow and rental growth - Privately managed and well-maintained property This property is available for purchase individually or as part of a larger, high-performing rental portfolio, available at a discounted package rate. Call or Text the listing agent today to schedule a tour or request more information about this unique investment opportunity!
Invest in Spokane's history while establishing a respectable cashflow for your real estate portfolio. Built in 1913 under the command of Captain Marshall Jones, this historic fire station housed Spokane Fire Department's Engine No. 13 and the brave first responders that served our city. Though aspects of yesteryear can still be noted, this property has experienced a significant renaissance and now serves the Shadle Park neighborhood as a remodeled duplex. The roof was replaced in June 2022 with new split-metered electrical service completed at the same time. The interior of both units have been extensively refinished with updated plumbing, wiring, LVP flooring, lighting, drywall and paint, in addition to bathrooms upgraded with contemporary fixtures and materials. The shared basement allows for laundry hookup and ample storage. Two new 40,000 BTU gas furnaces with programmable Honeywell thermostats were professionally installed in 2022. Property has a history of long-term tenants. Call today for more info!
GONZAGA AREA INVESTMENT PROPERTY 1 BLOCK FROM CAMPUS/ 8 UNITS WITH 7 ONE BEDROOM ONE BATH UNITS AND 1 TWO BEDROOMS TWO BATH UNIT/ ON-SITE COIN-OP LAUNDRY/ UNITS ARE INDIVIDUALLY METERED FOR ELECTRICITY/ 8 OFF STREET PARKING SPACES/
SOUTH HILL INVESTMENT OPPORTUNITY/ 11 UNIT APARTMENT BUILDING IN GREAT LOCATION/ 7 ONE BEDROOM ONE BATH UNITS AND 4 TWO BEDROOM ONE BATH UNITS/ HARDWOOD FLOORS IN ALL UNITS/ ON-SITE LAUNDRY/ INDIVIDUAL STORAGE LOCKERS/ OFF STREET PARKING/ SHORT WALK TO HUCKLEBERRIES AND ROCKWOOD BAKERY
Rare Income-Producing Gem in Spokane’s West Central Neighborhood Welcome to your next smart move. This well-maintained 4-unit building sits just blocks from the vibrant Kendall Yards district; where cafés, breweries, and riverside trails are part of your daily routine. Built in 1895 and professionally managed, this property features three 1-bed/1-bath units and one 2-bed/1.5-bath space, all fully occupied. This property offers: • Prime location in a rapidly appreciating neighborhood • Alley access with detached parking; rare for multi-units in the area • Level lot (6,534 sq ft) with fenced yard space; flexible for outdoor use or future value add Imagine walking out to local dining, green spaces, and community events; your tenants will too. Financials are professionally handled and available on request. Your next chapter of passive income starts here. Schedule your private tour today. Investment opportunities like this don’t wait long.
Turnkey Investment with Room to Grow! Completely renovated duplex on a spacious corner lot with zoning that allows for the addition of more residential units. The existing building features two 1-bed, 1-bath units, each offering 550 sq ft, vaulted ceilings, and an open-concept great room layout. Updates include fresh paint, new trim, and stylish finishes throughout. All appliances stay, refrigerator, dishwasher, washer/dryer, and microwave, making this truly move-in ready for tenants. Centrally located just minutes from Gonzaga, this is a prime rental opportunity. Local property managers estimate rents at $1,100–$1,200 per unit, and the 1,100 sq ft unfinished basement offers additional income potential with options like storage lockers, mail room or for more creative ideas read Main Street Millionaire! Whether you're an investor, house hacker, or looking to expand your portfolio with development potential, this property checks all the boxes.
Exceptional investment opportunity! This beautifully renovated 1905 property offers 8 bedrooms and 8 modern bathrooms, making it a highly desirable income-producing asset. Recent upgrades include all new electrical, plumbing, kitchens, bathrooms, flooring, paint, roofing, and a no-maintenance landscape—ensuring worry-free ownership for years to come. With a solid 7.2% cap rate and clear potential to increase rents, this property is ideal for both owner-occupiers and investors looking to expand their portfolio. A rare blend of historic charm and modern functionality—don’t miss out on this prime income opportunity! Walking distance to Gonzaga
Live or lease out this rare 3,974 sq. ft. single-level condo in the historic Freeman Center. Soaring 11’ ceilings, 8’ doors, and top-tier finishes throughout. Steps from 25+ restaurants and bars, and minutes to major hospitals. Private elevator opens to a grand foyer. Includes a separate studio with private entry, previously rented for $1,500/month. Spacious layout with multiple living areas, gourmet kitchen, and elegant primary suite with gas fireplace, luxe bath, and walk-in closet. Secure 2-car indoor parking. New furnaces, A/C units, whole-house reverse osmosis, and more. COA covers water, sewer, garbage, electricity, gas, building maintenance, elevator, & security. See features list for upgrades. Not currently leased gross rent estimated.
This multifamily opportunity includes two twin duplexes—perfect for investors or buyers seeking an owner-occupant setup with rental income. Each unit offers 2 bedrooms, 1 bathroom, washer/dryer hookups, a spacious open-concept layout, and a kitchen with a peninsula-style eating bar. There is potential to add value with light cosmetic updates. All units are currently occupied, with one left on a month-to-month lease to allow flexibility for the next owner. Each unit includes private storage and a one-car garage. Situated in a highly convenient location near medical centers, shopping, and transit, this property is ideal for long-term tenants. Whether you're expanding your portfolio or looking to live in one unit and rent the rest, this is a prime opportunity to secure stable income and long-term equity growth.
Triplex, close to Gonzaga University and Spokane Community College, recently updated front vacant unit for the new owner to occupy or rent out immediately. Easy to maintain property located conveniently by local schools, businesses, universities, shopping, but tucked into a nice quiet neighborhood. Each unit features 2 bedrooms, 1 bathroom, in unit laundry hookups, separate meters, designated carports with alley access for off street parking. Each property has its own private patio space off the primary bedroom. Low maintenance yard, updates overtime have been completed to the property. Unit 1905 has been updated most recently with new flooring, paint, countertops, windows. Strong long-term rental history and cash flow. Second triplex listed for sale off Euclid Ave. Contact listing agent today for showings. Lending options, possible bundle purchase option, or 1031 exchange. The opportunities are endless with this one, the price is right, and the time is now to make your next investment move.
Conveniently located Northside Triplex, Each unit has 2 bedrooms, 1 bathroom, living area, in-unit laundry right off the kitchen for added convenience in these simple yet functional units. Each unit has had updates throughout the years, unit 3 has bamboo flooring in the kitchen and hard woods throughout the main living and bedroom. This property has a 1 car garage, 1 carport, and 2 additional off street parking spots. All units have great rental history, opportunity to cashflow, close to bus route, schools, shopping, minutes to downtown and local universities, making this location unbeatable! If you are a new investor, this is a great owner occupied opportunity, within minimal down payment at this price point!! All units occupied, reach out to listing agent for showings or more details! Financing Specials and options available, possible bundle purchase, or 1031 exchange options!
This property is ideally situated in the vibrant Monroe District near variety of amenities, including schools, restaurants, shopping, entertainment, and parks, making it an ideal location for developers, investors, and residents. Three contiguous parcels, including two triplexes and one corner lot. Six total 1 bed/1 bath units across the two triplexes. Current rental income totals $5,150/month. Redevelopment opportunity with flexible CC2-DC zoning. Total land size is 0.43 acres or 18,731 SF. Available for sale or joint venture partnership. Seller financing available with 20% down payment and a 5 year term.
Nice size 2 story duplex offering 3Bd, 2.5Bth and about 1500 sq.ft. per side. Open Great room design on the main floor. The kitchen is spacious and offers a breakfast bar along side the informal dining area. Outside you will find a patio as well as separately fenced back yards. The master suite features a full bathroom and a walk-in closet, plus the laundry closet is right outside the door. The other two bedrooms are adjacent to the 3rd bathroom. Gas forced air heat, along with central A/C. Furniture in 2411 belongs to the seller and could be included in the sale
7.8% Actual Cap Rate! Incredible brand NEW construction multi-unit opportunity, with 4 Fully leased-up duplexes at $1695-1795 per unit. 7/8 units rented within 3 weeks of posting! Enjoy easy management & maintenance with these separate single-level duplexes, along with maximum flexibility since you can sell either of the duplexes individually & finance conventionally. Each duplex has two 2 bed / 2 bath units with laundry hookups & open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Tenants pay ALL utilities so you only have taxes & insurance to pay. Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course, the revitalized Monroe district & other great neighborhood amenities and restaurants. You can’t find a better priced new construction investment property in the area!!
7.8% Actual Cap Rate! Incredible brand NEW construction multi-unit opportunity, with 2 Fully leased-up duplexes at $1695-1795 per unit. 3/4 units rented within 3 weeks of posting! Enjoy easy management & maintenance with these separate single-level duplexes, along with maximum flexibility since you can sell either of the duplexes individually & finance conventionally. Each duplex has two 2 bed / 2 bath units with laundry hookups & open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. All appliances included. Strong demand for nice new units like these in established neighborhoods. Tenants pay ALL utilities so you only have taxes & insurance to pay. Located in a convenient Spokane neighborhood near Audubon Park, downriver golf course, the revitalized Monroe district & other great neighborhood amenities and restaurants. You can’t find a better priced new construction investment property in the area!!
Now Complete! This is by far the best priced new construction duplex you’ll find in the area. Located in a convenient Spokane neighborhood near Audubon Park, downriver, golf course and plenty of neighborhood amenities and restaurants, including Downriver Grill, the Flying Goat & the revitalized Monroe district! Perfect if you’re looking a turn key, no maintenance investment at a great entry price. This single-story duplex offers two 2 bed / 2 bath units with laundry hookups and open great room living areas. Functional, bright & beautifully finished with LVP floors, quartz countertops & mini-splits with AC to attract premium tenants & rents. And there is strong demand for nice new units like these in established neighborhoods, with a 6.5% to 7% projected cap rate. Finally, a nice investment property that cash flows!
This Cute Duplex is right across the street from a quaint little bakery, and just a few blocks from Kendall Yards and the amazing My Fresh Basket for all your groceries, etc. This would be an excellent location for an Airbnb...close to downtown, the Podium, the Spokane Arena, the New One Spokane Stadium. Also nearby is the Flour Mill, Riverfront Park and both Sacred Heart and Deaconess Hospital. The Shriners and the Ronald McDonald House are also nearby. This spacious duplex was massively Renovated from the studs out in 2004 with high quality materials, floor coverings, lighting, doors, electrical system. Each unit has separate meters, first floor has gas heat, 2nd floor has electric heat. It currently has one month to month Tenant and one vacancy. Live in one unit and Rent the other unit!
Side by Side Duplex! Each side is 834 sq ft. Both are 2 bedroom, 1 bathroom. The property backs up to the Ben Burr Trail and is centrally located with easy access to I-90. This property would be an excellent location for an Airbnb...close to downtown, the Podium, the Spokane Arena, The New One Spokane Stadium. Also nearby is the Flour Mill, Riverfront Park and both Sacred Heart and Deaconess Hospitals. The Shriners and the Ronald McDonald House are also nearby. Great investment potential. Great opportunity for first time home buyer to get help with the mortgage, or a multi generational living situation!
Investors don't miss out on this amazing opportunity in a fantastic location! Each unit is 2bed - 1 bath and approximately 800 sq ft. This historic 4-plex blends classic charm with modern convenience. Its proximity to downtown Spokane offers tenants easy access to shopping, dining, and entertainment. 1 block from the Centennial Trail provides recreational opportunities along the Spokane River, enhancing the property's appeal to active tenants. Call today to schedule your appointment!
An exceptional investment opportunity awaits with this 15-unit multifamily property, generating $18,430 in monthly income. Located in one of Spokane’s most desirable neighborhoods, this South Hill asset features renovated units with luxury vinyl plank flooring, modern kitchens outfitted with updated cabinetry and stainless steel appliances. Residents enjoy the convenience of on-site laundry facilities and easy access to shopping, dining, and transit. A strong performer in a high-demand rental market—this property is a turnkey addition to any portfolio.
Great investment opportunity! This adorable and updated 3 bedroom, 1 bath bungalow is located in a quiet neighborhood and is packed with charm and modern updates. Featuring a brand new roof , this home is move-in ready inside and out. The updated bathroom and stylish kitchen feature new stainless steel appliances. Enjoy the large, fully fenced backyard — perfect for pets, play, or entertaining — plus a covered patio for outdoor relaxation. Detached garage with alley access provides convenient parking or extra storage. Fully rented, making this an excellent turnkey investment property!
This income-producing 6-plex presents an enticing opportunity for investors seeking a stable asset. Fully rented and strategically located near shopping and dining options, each single-story unit offers 1 bedroom and 1 bathroom, catering to modern tenant preferences. The inclusion of laundry and storage facilities in the basement, along with off-street parking, enhances convenience and value for residents. With immediate cash flow and the potential for long-term appreciation, this property stands as a promising investment in a thriving community. Don't miss the chance to capitalize on this well-maintained asset and add it to your portfolio.
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.
