Investor opportunity with multiple income and expansion possibilities! This 2,574-square-foot property features a three-bedroom, one-bath main-floor unit and a 600-square-foot, one-bedroom, one-bath upstairs unit. The interior has recently been refreshed with new paint, new flooring and additional updates throughout. A full unfinished basement offers abundant storage and potential for future expansion. Each unit includes its own oversized single-car garage, with additional potential to explore garage conversions into accessory dwelling units for expanded living space or rental income. The level, fenced backyard, off-street parking and convenient Spokane location add to the property’s appeal. Owner carry contract only.
The investment opportunity you've been waiting for! With a proven track record of successful short-term rental income, this modern central Spokane duplex offers incredible flexibility and income potential. Continue operating as a short-term rental, transition to long/mid-term tenants, or live in one side while renting the other to help offset your mortgage and build equity. Ideally located near Spokane Arena, ONE Spokane Stadium, The Podium and downtown, the location is perfect for attracting guests and tenants alike. Built in 2021, each unit offers 3 bedrooms, 2.5 bathrooms and 1,504 sq ft of well-maintained living space. Both units come fully furnished and feature stainless steel appliances, LVP flooring, Shaker-style cabinetry and hard-surface countertops. The xeriscaped exterior provides low-maintenance living, and each unit offers off-street parking accessed from a private alley. Whether you're an investor or an owner-occupant looking to house hack, this turnkey duplex is ready to start working for you!
New Exterior Paint! Own a rare piece of history in the heart of Browns Addition, featuring a charming partial cobblestone street just outside the door. This well-preserved triplex, built in 1891, has been lovingly cared for, renovated, and restored by the same family for over 30 years. Two units are located on the main level, while the third upper-level unit offers a private balcony. A brand-new mini split HVAC system has recently been installed, enhancing comfort and efficiency. The property includes off-street parking, a small garage ideal for storage, and shared laundry in the basement. Professionally managed, this historic investment blends timeless character with modern updates and long-term care. 2 units are held vacant for someone who would like to owner occupy their new investment!
This well-maintained South Hill 5-plex offers timeless charm and a solid rental history. The main residence contains four units, complemented by a detached cottage in the backyard serving as the fifth unit. Each unit is separately metered for electricity. The basement provides individual storage areas for tenants along with a shared laundry facility. Owned by the same family for many years, the property has been thoughtfully restored and updated over time and is professionally managed. An excellent investment opportunity with stable, long-term tenants. The adjacent triplex on an oversized lot is also available for purchase, offering the potential to expand and build an additional rental property.
Charming South Hill Duplex built in 1908 offering 3,130 square feet of classic character and investment potential. This well-maintained property features two spacious units, with the ground-floor unit enjoying access to the full basement—partially finished and ideal for additional living space, storage, or future customization. Tenants appreciate the shared private backyard and detached garage with off-street parking, providing both convenience and comfort. Professionally managed by On-Top Realty, the property has been consistently cared for and maintained. Located in one of Spokane’s most desirable neighborhoods, this duplex is close to multiple parks and just half a mile from Manito Park. Whether you’re looking for a strong rental investment or a multigenerational living opportunity, this South Hill property offers versatility, location, and timeless appeal. Please do not approach home without prior showing arrangements.
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.
Well-maintained, fully occupied duplex offering strong investment potential! Each unit features 3 bedrooms, 2 bathrooms, and bonus living spaces, providing flexible layouts that appeal to a wide range of tenants. One unit includes a large shop, while the other offers an attached 2-car garage—adding convenience and value. Located on a corner lot in a quiet area, the setting enhances long-term tenant appeal. Recent upgrades include newer flooring and paint, a new roof (2024), and separate HVAC systems for each unit (2020). Electrical updates in 2020 brought the property to current code with AFCI/GFCI protection and tamper-resistant receptacles. Unit 729 also features new bathroom plumbing and a Ring camera system. Turnkey and income-producing with major updates already completed!
Fully occupied 4-unit investment property just minutes from downtown Spokane and the Arena. Unit mix includes one studio, two 1-bedroom/1-bath units and one 2-bedroom/1-bath unit, currently generating approximately $3,350/month ($40,200/year) in gross rent. All tenants are month-to-month and pay their own electric and heat, creating immediate flexibility for the next owner. Current rents offer potential upside as units turn or rents are adjusted, subject to applicable landlord-tenant laws. Property also includes a large 3-car garage with workshop space, alley access and additional income potential. Fresh exterior paint, 2,730 sq ft, four existing income streams and room to improve performance. A solid opportunity for an investor looking for existing cash flow with value-add potential.
Prime investment opportunity in an exceptional location with 1 unit available and move in ready! This beautifully preserved four-plex offers four spacious units, each featuring 2 bedrooms, 1 bathroom, and approximately 800 sq ft. Ideally situated near Spokane Community Collage and downtown Spokane. Enjoy effortless access to premier dining, shopping, and entertainment. Just one block from the Centennial Trail and the Spokane River, this property offers a rare blend of urban living and outdoor recreation, enhancing long-term tenant appeal. Schedule your private showing today.
Exceptional multifamily investment opportunity in North Spokane! This income-producing 7-plex offers strong cash flow, stable rental income, and excellent upside potential in a high-demand rental market. Featuring a desirable unit mix with spacious floor plans and functional layouts, this property is designed to attract and retain quality tenants. Ample off-street parking, low-maintenance features, and recent system updates help reduce operating expenses and maximize returns. Conveniently located near schools, shopping, restaurants, medical services, parks, and public transportation, the property benefits from consistent tenant demand and strong occupancy potential. Whether you're looking to expand your real estate portfolio, complete a 1031 exchange, or acquire a turnkey multifamily asset, this apartment investment offers immediate income and long-term appreciation potential. Don't miss this rare opportunity to own a well-positioned North Spokane income property with proven investment performance.
Cash flow awaits in this 2,446 sq. ft. tri-plex, perfectly positioned near Spokane’s booming North Bank district. Featuring 4 bedrooms and 3 bathrooms acrossthree units, this fully occupied income-producing property offers immediate rental revenue from day one with a total monthly rent of $3,540. With updatedleases and strong occupancy, it's a turnkey investment opportunity for both seasoned and first-time investors. Ideally located near downtown Spokane,tenants enjoy convenient access to employment centers, shopping, dining, and entertainment while still benefiting from a quiet neighborhood setting.Whether you're looking to expand your portfolio or secure your next investment property, this well-maintained tri-plex is one you won't want to miss.
Exceptional opportunity for organizations seeking supportive, transitional, workforce, recovery, or community-style housing. This versatile 8-unit (11 room) property features a flexible mix of housing options, incl. a private 2-bedroom, 1-bath apartment, a separate 1-bedroom, 1-bath apartment, SRO-style private bedrooms with shared bathroom facilities, and addtl storage with potential for future improvements. Conveniently located on public transit route, property offers easy access to employment centers, healthcare, shopping, and essential community services. The adaptable layout makes it well-suited for nonprofit organizations, recovery treatment providers, workforce housing, vet housing, refugee resettlement organizations, supportive housing providers, or other mission-driven groups seeking flexible residential accommodations. With existing cash flow and addtl upside through lease-up and value-add improvements, this property presents a unique investment opportunity with multiple operational possibilities!
This unique investment opportunity includes five income-producing properties, all zoned Light Industrial (LI), and must be sold together. The parcels consist of three single-family residences, one single-family home with an Additional Dwelling Unit (ADU), and one vacant lot. The parcel numbers are 35152.0507, 35152.0503, 35152.0502, 35152.0501, and 35152.0504. These properties offer versatility and income potential, with zoning that allows for a variety of uses. Whether you're looking to expand your rental portfolio or explore future development opportunities, this is a chance to capitalize on a valuable collection of properties.
GREAT INVESTMENT OPPORTUNITY: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants.
Remodeled Fourplex ready to cash flow or perfect for an owner occupant to house hack with one unit currently vacant. Charming property that rents easy and has been completely redone combining the original craftsman style charm with modern finishes. Plenty of parking both off street and with the wide roads as well as a detached garage that can be used to produce extra monthly income!
Well maintained but not necessarily updated brick triplex strategically located on E Rowan Avenue with excellent visibility and access. All units are 2br/1ba and there is uncovered, off street parking. In addition to the usual appliances, each unit has wall a/c and a dishwasher. Common, free laundry is provided by the landlord in the partial basement. This is a tidy, well kept property in a great location. All units are occupied. New roof 2026 on E, N and W sides. South side is good. Sorry, no seller financing.
Northside duplex! Each spacious unit has four bedrooms (1 br in 2318 is non egress) and two baths. Amenities include central forced air gas heat, tons of storage in the basement, a family room down and washer/dryer hookups. Outside, each unit gets its own carport, and the small yard contributes to low maintenance. Unit 2320 is being deliberately left vacant for easy showings or a potential owner-occupant.
Northtown duplex with both units in great shape. Unit 559 was fully remodeled in 2022, and 557 is wrapping up its update now. Each side has a spacious 4br/1.75ba layout with a family room and a fireplace — plenty of room and a solid rental setup. Roof and gutters were replaced in 2020, and both units have electric baseboard heat, wall fan heaters, dishwashers, and washer/dryer hookups. Outside you’ve got vinyl windows and dedicated carports for each unit. The yard could use a little love, but the big-ticket items inside and out are already handled. Unit 557 is intentionally left vacant for easy showings or an owner-occupant option. (west side entrance) When showing, just note it’s not quite finished yet, but it’s close.
Back on market and another chance to own on Spokane's South Hill for $275,000! This 2-bedroom home offers more usable space than the numbers suggest, with additional finished space in the basement including a non-egress bedroom and 3/4 bath, plus unfinished space for storage or future possibilities. Hardwood floors, central A/C, detached garage, fenced backyard and deck add to the value. Conveniently located near shopping, restaurants, parks and downtown Spokane. Whether you're looking for your first home, downsizing or simply trying to get onto the South Hill without a $400,000+ price tag, this one is worth another look. Clean, comfortable and ready for its next owner.
Fully occupied fourplex generating $2,950 per month in gross rental income. The unit mix includes one 2-bedroom unit and three 1-bedroom units, with current rents of $1,200, $700, $525, and $525 per month. This is an excellent opportunity for investors seeking immediate cash flow with additional upside through improved management, property improvements, and future rent increases, or by adding a 5th unit. The property is fully tenant occupied, providing income from day one. Whether you're an experienced investor looking for your next value-add project or someone looking to grow a rental portfolio, this property offers the chance to increase long-term returns while generating income from the start. Entire, 4 property portfolio available as a package.
Vacant duplex ready for its next owner! This 3,726 sq ft property offers two spacious 2-bedroom units: a 2BR/1BA downstairs and 2BR/1.5BA upstairs, each with separate electrical service and laundry hookups. Both units will be vacant, giving the next owner the flexibility to place their own tenants, set new lease terms or live in one unit while renting the other. Estimated market rents are approximately $1,350 downstairs and $1,450 upstairs, for potential gross rent of approximately $2,800/month ($33,600/year). Convenient North Spokane location near downtown, shopping and amenities. Whether you're an investor looking for a clean slate or an owner-occupant wanting rental income to help offset the mortgage, this duplex offers multiple ways to make the numbers work.
Turnkey income-producing duplex with strong rental performance. Highlights include a large fenced yard, covered parking via carports, updated exterior paint (2021), and one updated unit (2021). A solid addition to any investment portfolio with immediate income potential and reduced deferred maintenance. One long term tenant in place, with the other unit on a month-to-month. Roof replaced in July 2026.
Turnkey investment opportunity! This fully occupied 6-plex offers immediate cash flow and long-term income potential in a desirable location near shopping, dining, and everyday amenities. Each well-maintained single-level unit features 1 bedroom and 1 bathroom, appealing to a broad tenant base. Additional amenities include on-site laundry facilities, tenant storage in the basement, and convenient off-street parking. With stable rental income, low-maintenance living, and strong investment fundamentals, this property is an excellent addition to any real estate portfolio. Whether you're expanding your holdings or seeking a reliable income-producing asset, this fully leased multifamily property is one you won't want to miss.
Investor opportunity with immediate upside potential. This fourplex features four spacious 2 bed, 1 bath units, each offering approximately 784 square feet of living space. Currently 100% occupied, the property presents a value-add opportunity through lease-up and rent stabilization, making it an attractive option for investors seeking increased cash flow and long-term appreciation. Recent maintenance and turnover improvements position the next owner to capitalize on increased occupancy and operational efficiency. Conveniently located near downtown Spokane, major employers, public transportation, shopping, dining, and everyday amenities. Ideal for investors looking to expand their portfolio or complete a 1031 exchange while adding a property with strong income potential and room for growth.
Investor opportunity with immediate upside potential. This fourplex features four spacious 2 bed, 1 bath units, each offering approximately 784 square feet of living space. Currently 50% occupied, the property presents a value-add opportunity through lease-up and rent stabilization, making it an attractive option for investors seeking increased cash flow and long-term appreciation. Existing rents range from $1,045 to $1,097 per month, with potential to bring rents in line with current market rates. Recent maintenance and turnover improvements position the next owner to capitalize on increased occupancy and operational efficiency. Conveniently located near downtown Spokane, major employers, public transportation, shopping, dining, and everyday amenities. Ideal for investors looking to expand their portfolio or complete a 1031 exchange while adding a property with strong income potential and room for growth.
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.
