Low-maintenance, well-cared-for triplex in Spokane’s northeast side. Each unit currently has its own single-car garage on the west side of the building, and there may be potential to convert that space into a fourth unit while still leaving plenty of room for off-street parking or a new garage setup. Units feature vinyl plank flooring with carpeted bedrooms, wall A/C, and individual electric baseboard heat and hot water—each separately metered. Washer/dryer hookups in every unit. Roof is approx. 2017. And bonus: Rochester Heights Park is right across the street.
Two adjacent houses for sale, to be sold together! Extremely rare opportunity in a highly sought-after location where properties seldom become available. Positioned just 1 block from Gonzaga University, this offering presents exceptional potential for student housing investors and developers alike. The property includes two separate homes, each are 1236 sqft and feature 3 bedrooms and 1 bathroom, with the potential to add an additional bathroom to each residence for increased rental appeal and income. Zoned CA-1 with a maximum building height allowance of 75 feet, this property also offers significant redevelopment potential. Rent the existing homes as-is, enhance the current improvements, or maximize the parcel's density with new construction. Whether you're seeking strong rental demand near Gonzaga University or a strategic long-term investment opportunity, this property delivers exceptional versatility and upside. Being sold with address 817 E Sinto Ave.
Here it is, a solid investment property in the sought after GU District. This mid century brick rancher sits on a corner lot just a couple blocks from Gonzaga. The perfect solid built family home that has been converted into an over-under duplex. Each unit features 3 generous sized bedrooms and a couple of bathrooms. There may also be enough room to the south of the house for an ADU on this large corner lot. Full of great space and original built-in storage cabinets and beautiful hardwood floors throughout the main floor. New flooring in the main floor kitchen and dining area, and newer LVP flooring throughout the basement. This is a prime location close to all the great restaurants and shops in the GU district and has a solid rental history at market level rents.
Unlock the potential of this Spokane Valley investment opportunity! Situated on a single parcel, this unique property features two separate homes, creating endless possibilities for investors, multi-generational living, or buyers looking to offset their mortgage through rental income. Each residence offers its own private entrance and dedicated living space, providing comfort, independence, and privacy for occupants. With a little vision and sweat equity, this property presents an incredible chance to build value while generating income. Conveniently located near shopping, dining, parks, and commuter routes, you'll enjoy easy access to everything Spokane Valley has to offer. Whether you're expanding your investment portfolio or searching for a versatile property with built-in income potential, opportunities like this don't come around often. Bring your ideas and discover the possibilities waiting here!
Fully updated view condo on Spokane's lower south hill. Comes fully furnished and tastefully decorated as shown in photos!! Great owner occupied or investment property opportunity. Hardwood floors with newer kitchen and bath. Stainless appliances. This light and bright condo features large rooms and closets. Includes a garage and secure area for parking and extra storage. Building includes onsite laundry and gated secure entrance. Conveniently located near downtown shopping, dining, and attractions. Close to hospital district. Don't miss out on this rare opportunity!! Rental allowed and unit is currently leased through August 2026.
INVESTOR & DEVELOPER ALERT!! R1 and RMF-40 zoning allows multifamily up to 40' tall. Centrally located Gonzaga/Logan neighborhood 5 bedroom, 2 bathroom home with fenced backyard and detached single car garage. New interior and exterior paint in 2022. Near bus lines, shopping, city parks, and the Centennial Trail. Consistent rental history. Open, flat lot with alley access provides excellent opportunity to increase revenue with ADU addition!!
Welcome to Sienna Terrace, a new 18-unit apartment complex currently at 100% occupancy! Located in north Spokane and just a few short blocks from Whitworth University, this thoughtfully designed community offers a collection of 1BR, 2BR, and 3BR units. Each luxury apartment features an open-concept floor plan, contemporary finishes, and large windows that fill the interiors with natural light. There are 6- one bed/one bath units; 9- two bed/two bath units; and 3- three bed/two bath units. This prime location is just 7 miles from downtown Spokane and less than 1/2 mile from the Whitworth University campus, which has a current enrollment of over 2500 students. Tenants will love the numerous shopping and dining options nearby, with Target, Best Buy, Dick's Sports, Olive Garden, Red Robin and the YMCA among the many businesses and restaurants within 1/2 mile.
Courtesy: Kidder Mathews
360-705-2800
Max Frame
The Metropole is a fully renovated, historic mixed-use property in the heart of Downtown Spokane featuring 16 residential units and 4 ground-floor commercial suites. Renovated in 2007 with upgraded plumbing, electrical, heating, and major systems, the asset offers stable in-place income with immediate upside through rent growth and operational improvements. Ideally located near Spokane’s hospital district, downtown employers, Riverfront Park, WSU Spokane, and Gonzaga University, Metropole provides investors with a well-located, character-rich asset in one of Eastern Washington’s strongest rental markets.
Welcome to this charming Victorian-style property in the heart of Spokane! Featuring detailed craftsman woodwork throughout, this building has been thoughtfully converted into an 8-unit income-generating rental property. With (7) 1-bedroom, 1-bathroom units and (1) studio unit, this fully occupied property offers steady cash flow and a NOI of 5.78%. Tenants enjoy the convenience of on-site laundry, managed by Hainsworth Laundry, and easy parking with monthly passes available through the City of Spokane at an affordable rate. Located within close proximity to downtown Spokane, this property offers both historic charm and modern convenience- don't miss out!
Two adjacent houses for sale, to be sold together! Extremely rare opportunity in a highly sought-after location where properties seldom become available. Positioned just 1 block from Gonzaga University, this offering presents exceptional potential for student housing investors and developers alike. The property includes two separate homes, each are 1236 sqft and feature 3 bedrooms and 1 bathroom, with the potential to add an additional bathroom to each residence for increased rental appeal and income. Zoned CA-1 with a maximum building height allowance of 75 feet, this property also offers significant redevelopment potential. Rent the existing homes as-is, enhance the current improvements, or maximize the parcel's density with new construction. Whether you're seeking strong rental demand near Gonzaga University or a strategic long-term investment opportunity, this property delivers exceptional versatility and upside. Being sold with address 819 E Sinto Ave.
Turnkey 4-unit multifamily investment opportunity featuring two duplexes on separate parcels. Each of the four units offers a spacious 3-bedroom, 2-bath floor plan designed for strong tenant appeal and long-term rental demand. Recent capital improvements include new roofs on both residential buildings and all garages, plus new walkways, stairwells, and four private decks, reducing future maintenance costs while enhancing curb appeal and tenant enjoyment. 3 units are currently occupied by long-term tenants, providing immediate cash flow. Current rents are below market, offering investors a clear opportunity to increase income and improve returns over time. A standout feature is the assumable loan with a 5.5% interest rate fixed for 5 years and no assumption fee—a rare financing advantage in today's market. With stable occupancy, major upgrades, rental upside, and attractive financing, this property is an excellent opportunity for investors seeking strong cash flow and long-term growth potential!
Great duplex with very roomy single level 3 bedrooms, 2 bath units with 1 car garages. 753 is the upstairs unit and has a great room concept with high ceilings and lots of windows. Master suite has walk in closet, new lvp flooring and interior paint, 2 sinks in both baths, kitchen has new range and hood, refrigerator and sink. 753 has a large deck. 751 main floor unit has a yard.
This versatile Spokane triplex has strong upside. The front home offers a 2 bed/1 bath unit and a 1 bed/1 bath unit, plus a detached third structure off the alley, built in 1984, that is unfinished inside but when finished provides an additional 2 bed 1 bath unit. Pro forma gross rents are projected at approximately $3,400/month when fully finished and leased (buyer to verify). Both buildings have new roofs, and the older main home has been updated, in an unknown year, blending classic charm with functional interiors. Located in West Central near I-90, downtown, Gonzaga, SFCC, WSU Spokane, the Spokane River, and only a short drive to Spokane International Airport, this property is well positioned for renters and future appreciation.
INVESTOR ALERT! Fantastic opportunity to purchase a great centrally located 4-plex near the popular Monroe District. Fabulous long-term tenants are on leases in two units, and two recently renovated units are vacant and ready to rent. The property features updated vinyl windows, new electrical service (all units are individually metered), newer electric hot water tank and newer wall heaters. The units feature varying degrees of updating, but all are in good condition and are well-maintained. There is one 2-bedroom unit, one 1-bedroom unit, and two studios. Please contact listing broker with questions.
811 W Spofford Ave is a four-unit investment property offering strong income potential in a convenient Spokane location. Situated near downtown, shopping, schools, and public transit, this multi-family property is ideal for investors or owner-occupants seeking steady cash flow and long-term value. With functional layouts, off-street parking, and strong rental demand in the area, this is a great opportunity to add to or start your real estate portfolio.
Buyer available to occupy unit B ( effective September 1st, 2026) Turn key investment property offering Front and rear Duplex with a detached single car garage space for each unit. Over sized lot ready for your creative touches. Exterior paint and roof only two years old. The interiors have been nicely updated where it counts. Professionally managed and well maintained. Basements offer non egress room, family room, laundry area with a ton of storage as well.
Audubon Park area. Eight unit apartments. All one bedrooms in excellent condition. Ample off street parking, common laundry, fully irrigated, professionally maintained great property! Call listing agent for more details. Owner is a licensed real estate broker in Washington State
This unique property offers the perfect blend of comfortable living and income potential—ideal for owner-occupants or savvy investors! Choose the spacious unit that fits your lifestyle and rent out the others to help offset your mortgage or build long-term wealth. The property includes: A 1,500 sq. ft. 3-bedroom, 1-bath main unit featuring central gas heat, air conditioning, a cozy gas fireplace, a large primary bedroom, and in-unit laundry hookups. A well-appointed 1-bedroom unit (~700 sq. ft.) and a studio unit (~475 sq. ft.), each equipped with efficient mini-split heating and cooling systems. A shared laundry room is located in the basement utility area. Also included are two detached garages (on a separate parcel directly behind the property), each with 2 bays—one includes an additional storage area. All units have full bathrooms and enjoy a convenient location near shopping, dining, and both Sacred Heart and Deaconess Hospitals.
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.
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.
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
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.
Unit 6410 is now vacant and ready for an owner-occupant! Live in one unit and rent the other two to help offset mortgage and living expenses. The detached garage, currently used by the seller for storage, will also be available for the new owner’s use. This well-maintained Spokane triplex includes one 1-bedroom, 1-bath unit and two 2-bedroom, 1-bath units, plus a carport with three parking spaces and detached garage/storage. Recent updates include a new water heater in Unit 6410 (2022), new range in Unit 6412 (2023), new laundry room water heater, flooring, and electrical subpanel (2022), new exterior paint, gutters, landscaping beds, and shrubs (2022), and a new washer and dryer in the shared laundry room (2023). Units 6408 and 6412 are currently leased, with upside potential in rents. Please do not disturb tenants.
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.
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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.
