Spokane WA Multi Family for Sale
$995,000
170 S Lincoln St Spokane, WA 99201
- Type:
- Rental/Lease
- Sq.Ft.:
- 3,974
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1910
- Baths:
- MLS#:
- 202425581
- Subdivision:
- Freeman Center
ADDITIONAL INFORMATION
This 3,974 sq. ft. condominium in downtown Spokane offers a prime investment opportunity. Occupying the entire second floor of the historic Freeman Center Building, it features 4 bedrooms, 3 bathrooms, and a private skybridge with secure elevator access. The guest suite, previously rented for $1,500/month, provides strong rental income potential. The condo boasts 11-ft ceilings, 8-ft doors, spacious sitting rooms, a formal dining area, and a chef’s kitchen with high-end appliances. The primary suite includes a gas fireplace, large walk-in closet, and designer bath. Two secure parking spaces in an enclosed garage are also included. Located just blocks from over 25 restaurants, bars, and entertainment venues, this residence is well-positioned to benefit from ongoing development and revitalization in downtown Spokane, offering both a luxurious living space and long-term investment potential. Brand new A/C units & furnaces, among other high-end upgrades make this property a must have.
$264,900
3304 E Jackson Ave Spokane, WA 99217
- Type:
- Rental/Lease
- Sq.Ft.:
- 1,300
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 202425551
ADDITIONAL INFORMATION
Renovated lower Duplex! Separate entrances and parking to ech unit. Upstairs unit has room front deck, 2 bdr 1 bath home with lots of wonderful charm and potential. Good size front yard and back yard fully fenced, small 14x25 mini shop for more storage for tenants. Downstairs duplex has just had a wonderful makeover with interior painting, all new flooring and updated kitchen cabinets. Call for appointment & take a look!
$475,000
1311 W 14 Ave Spokane, WA 99204
- Type:
- Rental/Lease
- Sq.Ft.:
- 3,068
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 1907
- Baths:
- MLS#:
- 202425480
ADDITIONAL INFORMATION
Fantastic South Hill Tri-Plex! Some of the Many Features of these 3 Units are: Unit #A (2 Bedroom / 1 Bathroom) was Updated in 2024 with Paint, Fixtures, Electric Panel and New Gas Furnace in 2021 and a Hot Water Heater new 2022. This Unit also has a New Washer & Dryer in the Unit. There are New Porch Stairs and New Stairs to the Basement (Storage). Unit #B (1 Bedroom / 1 Bathroom) has a New Hot Water Heater 2022 and access to Basement for laundry (Washer & Dryer included) and Storage. Unit # C (2 Bedrooms / 1 Bathroom) has a Newer Refrigerator & Dishwasher, Paint and Fixtures & a New Stacked Washer & Dryer in the Unit and Newer Electric Baseboard Heaters and a New Range in 2022. This Tri-Plex also has a Newer Roof (installed in 2021) and a New Sewer line (installed in 2022). There is Parking in the Alley and Rockwood Bakery is next door for your Tenants convenience. There is Additional Room in Basement for another unit conversion if wanted.
$1,950,000
2001 W Boone Ave Spokane, WA 99201
- Type:
- Rental/Lease
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 202425374
- Subdivision:
- Ides 3rd Add
ADDITIONAL INFORMATION
Brand new 9 unit apartment project scheduled for completion in December of 2024. The 9 units consist of 3 studios and 6 two bedroom units. Project has been approved for property tax abatement for 12 years, and sits in an opportunity zone.
$1,200,000
928 W 7th Ave Spokane, WA 99204
- Type:
- Rental/Lease
- Sq.Ft.:
- 6,200
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1909
- Baths:
- MLS#:
- 202425387
ADDITIONAL INFORMATION
Historic 7 unit building in the heart of Spokane's South Hill. Investors don't miss this opportunity to purchase a well maintained multi-family building conveniently located close to bus routes, groceries, restaurants, and hospitals - making it an ideal location to attract long term tenants. Looking for cash flow and low capital improvements? Look no further.
$685,000
1023 W 6th Ave Spokane, WA 99204
- Type:
- Rental/Lease
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 202425386
ADDITIONAL INFORMATION
South Hill Fourplex on nearly half an acre. Potential to parcel and develop portion of land to the west. All units are separately metered with updated service. This property has opportunity for additional income and value. Finished space that may convert to a fifth unit in the main home. The property and grounds are private and centrally located. Four well kept units with updates to kitchens and baths are ready to rent. Don't miss an opportunity to have a rental complex and a lot to build your next investment property right next door. All rents are projected by Manito Property Management.
$265,000
3203 N Nelson St Spokane, WA 99207
- Type:
- Rental/Lease
- Sq.Ft.:
- 934
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1907
- Baths:
- MLS#:
- 202425366
- Subdivision:
- City-upriver Drive Area
ADDITIONAL INFORMATION
Rental Property alert. Cozy 2 bed 1 bath home close to schools, shopping and half a Block from Andrew Rypien Field/Park. Freshly painted interior, updated kitchen with granite counter tops. The roof replaced Oct 2017 (lots of life left), back yard is fenced with a comfy deck for lounging. Make it yours, or a rental. The front yard is partially fenced and has plenty of space for parking/RV parking or build your own garage/ADU/or both. (Always check with the city planning and development for permitting for building verification)
- Type:
- Rental/Lease
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1980
- Baths:
- MLS#:
- 202425273
ADDITIONAL INFORMATION
• 2 - 2 Bed/1 Bath Units • Rental Income of $2,350/Month • In Unit Washers & Dryers • Great Owner Occupant Opportunity • Full Unfinished Basement • Close to Shopping, Schools & Transportation
$2,065,000
2228 E 4th Ave Spokane, WA 99202
- Type:
- Rental/Lease
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 202425197
ADDITIONAL INFORMATION
Now complete! Special financing available! Stylish, brand new zero lot-line townhome on the Northside that you really need to see to feel how cool it is. Minimize maintenance & maximize livability in this beautifully finished 2 story home in an established neighborhood. Open, bright & airy with comfortable spacious living areas, an attached garage, 9' ceilings on the main floor and large windows everywhere. Good sized bedrooms upstairs, including primary suite overlooking the street with a large closet & private bath. Nicely finished with granite countertops, soft close cabinets, LVP flooring, open rail staircase & more. Enjoy the benefits & functionality of new construction in an existing neighborhood with nearby amenities. No HOA fees & no cookie cutter street! Special financing allowing for a low downpayment & lower monthly payment w/lender paid mortgage insurance. Up to $10k toward downpayment at 0% interest & 0 payments, with NO income limit. Contact agent for details. Save money and simplify your life!
$659,500
1611 W Augusta Ave Spokane, WA 99205
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,954
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2022
- Baths:
- MLS#:
- 202425169
ADDITIONAL INFORMATION
Duplex investment opportunity located conveniently in West Central, just a few minutes to downtown Spokane! Each unit features 3 bedrooms & 2.5 baths, with 1,477 sq/ft of living space across two levels. Step inside and you'll find a spacious living room, coat closet, LVP flooring & darker tone finishes for longevity. The kitchen provides ample cabinetry with granite surfaces & tiled backsplash. Stainless steel appliances and a generous eat-in island with sink extending the informal dining area. Bathroom, laundry & closet on right. Upstairs, the extensive primary suite features a walk-in closet and bath with granite vanity & bath/shower combo. Two guest bedrooms with their own full bathroom. Fully fenced yards with sprinkler system, and attached garages in back with additional slab parking spaces. Individual power & gas meters. This is an opportunity you don't want to miss, learn more today!
$249,900
1421 W Boone Ave Spokane, WA 99201
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,378
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1906
- Baths:
- MLS#:
- 202425117
ADDITIONAL INFORMATION
**Tennant Occupied 48++ hrs notice required for showings. Kendall Yards Duplex! Up and Down units. Alley access off street parking room for three vehicles off street. Investor Special long term bottom unit tenant, updated upper unit, both on month to month leases. Most utilities paid by renters. Elec heat fenced yard comp roof. $2000/mo gross income. Owner Finance terms available ask your broker!
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,378
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1916
- Baths:
- MLS#:
- 202425020
ADDITIONAL INFORMATION
Income-producing triplex with $3,470 monthly revenue and all tenants current! This fully-occupied property offers strong cash flow with numerous capital improvements already completed, allowing the next owner to focus on upgrades that can further maximize rent. Located within walking distance to the vibrant Garland District, the main level features a spacious 1-bedroom unit, with another 1-bedroom upstairs and a 2-bedroom in the basement. A detached 2-car garage and a shared laundry room provide added value—consider converting the laundry to coin-op for extra income! Don’t miss this fantastic investment opportunity.
$625,000
912 E 5th Ave Spokane, WA 99202
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,438
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 14 Acres
- Year built:
- 2014
- Baths:
- MLS#:
- 202424998
ADDITIONAL INFORMATION
Don't miss this Perry District investment opportunity. Located in a high demand area of Spokane's South Hill, this duplex is just around the corner from MultiCare, Sacred Heart and the entire Hospital District. It is also only a short walk to Grant Park, the Perry Street shops and eateries, not to mention a quick 8 minute bike ride to the University District which is home to WSU, U of W and Gonzaga campuses. This incredible location creates a highly lucrative investment opportunity with very low vacancy rates. Built in 2014, this duplex offers granite countertops, laminate flooring on the main floor, 3 bedrooms, 2.5 bathrooms and 1428 sq. ft. per side. Each unit also has a 12x12 patio separated by a privacy fence, a 120 sq. ft. storage shed and is fully fenced around the outside of both back yards. All appliances are landlord owned and transfer with sale, including wall A/C units and Washer/Dryers. Lastly the property has a sprinkler system for both the yard and garden beds.
- Type:
- Rental/Lease
- Sq.Ft.:
- 3,300
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 202424987
ADDITIONAL INFORMATION
This well-cared-for 4-plex offers prime convenience near bus lines, shopping, and dining, making it highly attractive for tenants. Each spacious unit includes 2 bedrooms and 1 bathroom, with recent updates adding fresh appeal throughout. All units are equipped with a dishwasher, range, and refrigerator for ease of living. The property also provides both covered and off-street parking, enhancing resident comfort. A fantastic investment in a sought-after location—don’t let this one slip by!
$3,395,000
6603 N Standard St Spokane, WA 99208
- Type:
- Rental/Lease
- Sq.Ft.:
- 22,800
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 1971
- Baths:
- MLS#:
- 202424972
ADDITIONAL INFORMATION
SVN Cornerstone has been selected to exclusively market the Standard Street Oasis Apartments for sale. The Standard Street Oasis Apartments are a 20 unit apartment complex in a gated community conveniently located in North Spokane with easy access to restaurants, shopping centers, schools and more. (10) 3bed/1bath units and (10) 2bed/1bath units. Value add ability to utilize owner's unit as an additional unit and develop additional large space with fireplace (previously a rec room) as another unit adding 2 more units totaling 22 rentable units. (5) 4,560 SF 4-unit buildings all on one parcel. 17 units have been fully renovated. Roofs installed in 2016. Common laundry onsite. 20 covered carports onsite. Automatic security gates surrounding the property.
$489,000
6131 N Addison St Spokane, WA 99208
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,550
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1978
- Baths:
- MLS#:
- 202424962
ADDITIONAL INFORMATION
This north side triplex is conveniently located to shopping and amenities. Each unit includes a washer & dryer, dishwasher, range, refrigerator, wall A/C, and covered parking. The upper unit has a private balcony with the lower units having a separate fenced area. All units separately metered. New roof in 2019.
$1,523,000
2013 W Nora Ave Spokane, WA 99205
- Type:
- Rental/Lease
- Sq.Ft.:
- 7,164
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 202424925
ADDITIONAL INFORMATION
What's better than a new construction ready-to-rent triplex? Having the property be divisible. Each unit sits on its own sellable parcel, meaning you can sell them individually in the future if you’d like. The location is on a quiet street near the Centennial Trail, parks, Downriver Golf course, and all the great restaurants and shops in Kendall yards. The property offers low-maintenance, modern living renters and owners desire. Built by Urban Empire Homes with open layouts and abundant natural light, all three places are turnkey with all new appliances. Each offers three bedrooms and two bathrooms, with a roomy kitchen featuring granite counters, stainless appliances, and a comfortable primary suite with a walk-in closet. Complete with LVP floors, window coverings, attached garages, sprinklered yards, and central A/C. Take advantage of this unique opportunity to own three adjacent doors with the flexibility to sell them separately.
$650,000
1915 W 16th Ave Spokane, WA 99224
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,520
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 202424935
ADDITIONAL INFORMATION
Nestled in the rapidly growing Latah Valley, this brand-new 2-story duplex is part of an area experiencing substantial reinvestment due to its proximity to parks, downtown Spokane, and the Spokane International Airport. Built by a reputable small-production builder known for quality craftsmanship and smart design, each unit features two bedrooms plus an office, perfect for today’s lifestyle. The spacious layout includes front and back entrances for optimal privacy, while traditional styling is elevated with high-end grid window systems, elegant trim, and a decorative electric fireplace in each living room for added charm and warmth. The backyard has space to add an additional garage, offering further potential. Move-in ready soon! Contact us for more details or to schedule a private tour.
$599,900
1817 W Chelan Ave Spokane, WA 99205
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,920
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 202424911
ADDITIONAL INFORMATION
BEST PRICED NEW CONSTRUCTION DUPLEX ON THE MARKET! This brand new turn-key duplex boasts two mirror-image units, each featuring 3 spacious bedrooms & 2.5 bathrooms. Step inside to experience a thoughtfully designed floor plan, featuring high-efficiency forced air heating. Every square foot is optimized for modern living, ensuring both functionality and comfort throughout.. The main level greets you with a bright and open living space adorned with neutral colors that will complement any decor style. The kitchen showcases solid surface countertops, a pantry, and an island ideal for meal prep & entertaining. Upstairs, you'll find all three bedrooms, away from the main living areas. The primary suite features not one but two closets & a beautifully appointed ensuite bathroom with double sinks. Landscaped and fenced with attached garages and alley access! This duplex is perfectly situated near the vibrant Downriver neighborhood & amenities, including restaurants, shopping & bus routes.
$639,900
2720 E Hartson Ave Spokane, WA 99202
- Type:
- Rental/Lease
- Sq.Ft.:
- 2,826
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2023
- Baths:
- MLS#:
- 202424893
ADDITIONAL INFORMATION
Live in one side, rent out the other. Quiet location will attract great long-term tenants in this new construction duplex! These units have an open-concept floor plan, modern construction, & high-end finishes throughout. Some features of this beautiful duplex include long lasting LVP floors, luxurious quartz countertops in the kitchen & baths, undermount sinks, & quality cabinets with soft-close doors & drawers. Each side offers 3 bedrooms & 2.5 baths with approximately 1400 sqft of living space. A spacious primary bedroom with double vanities & walk-in closets. The kitchen provides ample cabinetry, tiled backsplash, & stainless-steel appliances. Half bath on the main level & the laundry center, with washer & dryer, is on the 2nd floor. Other amenities include a gas forced air furnace, central A/C, continues hot water system & fully finished 1-car garages. Enjoy easy access to shopping, plus Underhill Park just a few steps away. Don't miss out on this fantastic opportunity to add to your rental portfolio.
$370,000
16 S Fiske St Spokane, WA 99202
- Type:
- Rental/Lease
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1976
- Baths:
- MLS#:
- 202424739
ADDITIONAL INFORMATION
Investment Opportunity in Downtown Spokane! Discover a prime investment property nestled in the heart of vibrant downtown Spokane, WA. This well-maintained one-bedroom, one-bathroom home offers a steady rental income of $1,200 per month, making it an ideal addition to your portfolio. The property is fully fenced for added privacy and features convenient alley access. A standout highlight is the detached heated shop, equipped with a commercial paint booth for cars, which currently generates an impressive rental income of $2,500 per month. With a strategic location that’s close to local amenities, shops, and restaurants, this property not only promises strong cash flow but also the potential for future appreciation. Don’t miss out on this fantastic opportunity to invest in a thriving area of Spokane!
$459,900
6028 N Lacey St Spokane, WA 99208
- Type:
- Rental/Lease
- Sq.Ft.:
- 3,329
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1979
- Baths:
- MLS#:
- 202424733
ADDITIONAL INFORMATION
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.
$650,000
1521 N Maple St Spokane, WA 99201
- Type:
- Rental/Lease
- Sq.Ft.:
- 3,105
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1977
- Baths:
- MLS#:
- 202424687
ADDITIONAL INFORMATION
• 5 - 1 Bed/1 Bath Units & 1 Studio Unit • Recently Renovated Units • On Site Laundry Facilities • Great Centralized Location • Designated Parking Lot for Tenants • On Bus Route & Walking Distance to Amenities
$2,595,000
701 S Felts Rd Spokane, WA 99206
- Type:
- Rental/Lease
- Sq.Ft.:
- 10,185
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Year built:
- 2023
- Baths:
- MLS#:
- 202424671
ADDITIONAL INFORMATION
BRAND NEW 7-unit multifamily property in a quiet Spokane Valley neighborhood! One 4-plex and a triplex make up the seven units, with each unit offering 3 bedrooms, 2.5 baths, and 1455 s.f. of living space. The modern design features many upgrades including stainless appliance package, durable LVP flooring, and granite counters throughout. One unit is fully furnished and grossing $3300/mo as an Airbnb. Each unit has a 1-car garage, and there are three additional detached garages for extra income potential.
$1,750,000
1816 W 7th Ave Spokane, WA 99204
- Type:
- Rental/Lease
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2011
- Baths:
- MLS#:
- 202424652
ADDITIONAL INFORMATION
ATTENTION INVESTORS: Discover an exceptional investment opportunity with this modern 6-unit apartment complex built in 2011. Each spacious unit offers 3 bedrooms, 1.5 bathrooms, and approximately 1,300 sq. ft. of living space. Amenities include wall air conditioning, a single-car garage, and a laundry room with hook-ups. Most units have been recently updated, ensuring a fresh, clean living experience. All 6 units are fully occupied, providing immediate rental income. Conveniently located within walking or biking distance to multiple hospitals and clinics, with quick access to I-90, this property is perfect for professionals and families alike. Don’t miss this turnkey investment! Call today for more information.
Spokane Real Estate
The median home value in Spokane, WA is $553,000. This is higher than the county median home value of $385,700. The national median home value is $338,100. The average price of homes sold in Spokane, WA is $553,000. Approximately 53.59% of Spokane homes are owned, compared to 40.58% rented, while 5.83% are vacant. Spokane real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Spokane real estate agent to arrange a tour today!
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.
Spokane Weather
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.