Investment Opportunity – Duplex in Desirable Spokane Valley This 2-level plus basement duplex features mirrored layouts on both sides. Each unit offers 2 bedrooms with a full bath upstairs, a main level with living room, kitchen, dining nook, and a deck off the kitchen. The basement includes 1 bedroom, a laundry area with toilet, with potential to add a sink or shower. The property also includes a large backyard and ample front parking. Seller offering $7,500 credit.
We are pleased to present the Howard Building for sale at 224 S Howard St in Downtown Spokane. This property offers 40 apartment units, 2 retail suites (one occupied by The Blessed Express Barbershop, one vacant) Significant Capital Improvements – Extensive upgrades include fresh paint, new flooring, updated bathrooms, modern light fixtures, and partial furnishings. Diverse Income Stream – 40 apartments and 2 ground-floor retail suites provide balanced residential and commercial revenue. Resident Amenities – Tenants enjoy shared laundry, communal space, and enhanced security in a walkable downtown location near dining, shopping, entertainment, third-party parking, and transit. Value-Add Potential – Lease the vacant retail suite, activate the basement, and optimize operations for increased NOI. Attractive Assumable Loan – Seller financing via an assumable note at 4.65% interest-only, maturing January 2028, with 24-month extension option.
Here is your opportunity to own your home while generating rental income with this well-maintained duplex near Whitworth University! Live comfortably in one spacious 4-bedroom, 2-bath unit and rent the second unit. Or make this a multi-generation living space! Each side features an attached garage, ample off-street parking, newer vinyl plank flooring, upgraded appliances, gas heat, and central air. Recent improvements include fresh exterior paint, a French drain system, and new backyard access decking leading to a large, private backyard shaded by mature trees. The functional floor plan offers a spacious living room, kitchen with generous informal dining, and a full walk-out basement, providing plenty of room to spread out. Located just minutes from Whitworth University, shopping, restaurants, and everyday conveniences, this is an excellent opportunity to build equity, reduce your monthly housing costs, or add a quality investment to your portfolio.
Fantastic investment opportunity! Three separate spacious units in a 1 1/2 story home in the Gonzaga University District. Storage shed with designated space for each unit! Good rental history and income potential. It's central location is near bus routes and just minutes away from Down Town! Don't miss out on this one!
Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.
This property offers individuality, uniqueness, and character. Located in Spokane’s historically upscale Lower South Hill neighborhood, this area was originally developed 120 years ago as an affluent district filled with historic homes and mansions. These homes were built during a time when craftsmanship and quality materials were highly valued. Thanks to the lasting quality of the surrounding residences and the convenient access to downtown, this property sits in one of Spokane’s most desirable residential areas. It benefits from easy access to both East–West freeway routes and North–South corridors like Maple and Monroe. Major employers—including Deaconess Hospital, Sacred Heart Hospital, Fairchild Air Force Base, and Downtown Spokane—are just minutes away. The property is centrally located with convenient access to major roads.
Welcome to 1608 E Hartson Ave, an exceptional investment opportunity in Spokane's sought-after Perry District. This modern 4-Plex with spacious 2 bedroom/1 bath units was built in 2018 and showcases upscale finishes including granite counter tops, luxury vinyl plank flooring and solid core doors. Each unit features efficient mini-split heating and cooling, reducing utility costs and ensuring year-round comfort. This prime location in near top-rated schools, public transit and neighborhood shopping which enhances rents. Opportunity Zone incentive reduces annual property taxes by up to 75% through 2031. Purchase includes 12-month multifamily Buyer Coverage with Home Warranty for each of the 4 units.
Fully leased investment property producing $7,545/month in rental income. Includes a total of seven condo units. Two retail spaces with 14’ ceilings (approx. 1,200 SF each), and three apartments (one 2 bed/1 bath, two 1 bed/1 bath). Two shop/storage units with fenced yard provide additional income and utility. TPO roof replaced in 2025.
This well-maintained 8-unit apartment building offers a mix of five one-bedroom units and three two-bedroom units. Ideally located near Maple Street freeway access and within walking distance to local restaurants, shopping, and parks, the property combines convenience with classic charm. Updated units feature high ceilings, large windows, and elegant hardwood floors, creating bright, airy living spaces. Many units have been thoughtfully updated with remodeled kitchens and bathrooms, complemented by open floor plans and modern finishes. Overhead dimmable recessed lighting and on-site laundry facilities provide everyday convenience for tenants. With its appealing blend of character, modern upgrades, and prime location, this multifamily property presents an excellent investment opportunity in one of Spokane’s most accessible and desirable neighborhoods.
• 14 Studio Units • Located in Historic Browne’s District • Close to Restaurants & Shopping • Updated Units • Brick Exterior & Vinyl Windows
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.
