Spokane Valley WA Multi Family for Sale

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Type:
Rental/Lease
Sq.Ft.:
9,004
Status:
NEW LISTING
Beds:
n/a
Lot size:
1 Acres
Year built:
2021
Baths:
MLS#:
202426525

ADDITIONAL INFORMATION

Three - 2021 Built Duplexes conveniently located in the Spokane Valley on a dead-end street. Beautiful modern designed buildings with 3 bedroom, 2 bath and attached 2 car garages each unit. Huntwood cabinets with soft close doors, LVP flooring in the main traffic areas and hard surface counters throughout. Stainless-steel kitchen appliances included as well as washer and dryers in unit. Large primary suite with walk in closet and private bathroom. Need more than 3? 7 total buildings still available - total of 14 units. 6 are rancher style duplexes and one is a 2-story floorplan. These low maintenance and stabilized properties are perfect for your investment portfolio whether you are a seasoned investor or just getting started. Buy them all or one for only $765,000.

Type:
Rental/Lease
Sq.Ft.:
6,040
Status:
NEW LISTING
Beds:
n/a
Lot size:
1 Acres
Year built:
2021
Baths:
MLS#:
202426524

ADDITIONAL INFORMATION

Two - 2021 Built Duplexes conveniently located in the Spokane Valley on a dead-end street. Beautiful modern designed buildings with 3 bedroom, 2 bath and attached 2 car garages each unit. Huntwood cabinets with soft close doors, LVP flooring in the main traffic areas and hard surface counters throughout. Stainless-steel kitchen appliances included as well as washer and dryers in unit. Large primary suite with walk in closet and private bathroom. Need more than 2? 7 total buildings still available - total of 14 units. 6 are rancher style duplexes and one is a 2-story floorplan. These low maintenance and stabilized properties are perfect for your investment portfolio whether you are a seasoned investor or just getting started. Buy them all or one for only $765,000.

Type:
Rental/Lease
Sq.Ft.:
14,970
Status:
Active
Beds:
n/a
Year built:
2024
Baths:
MLS#:
202426414

ADDITIONAL INFORMATION

5 Brand New Rancher Duplexes! Single-level rancher style with 3 beds / 2 baths and 1497sqft each unit. Stainless appliances, hard surface counters and washer/dryers in units. Beautiful finishes include durable laminate cabinets, laminate floors, stainless appliances, hard surface counters and window sills. Large primary suite with walk in closet and private bathroom. Landscaping to be completed prior to closing. There is a total of 5 duplexes available on this street. These are the perfect, low maintenance multi-family units for your investment portfolio. Buy as a package or individually at $775,000 each.

Type:
Rental/Lease
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2024
Baths:
MLS#:
202425740

ADDITIONAL INFORMATION

To be built 12 unit apartment building in the heart of the Spokane Valley. Just off the Appleway walking trail with Safeway, Target and so much more just a hop, skip and a jump away. All 12 units are set up as two bedroom and two bathroom units. The permits are pulled and the builder is ready to start as soon as we find a buyer. Skip the holding pattern and costs incurred of awaiting lot development and engineering. This building is ready to go. Or buy just the lot with permit and plans for $600,000. **Photos of Apartment Building are Artist Renderings, Not Exact Building**

Type:
Rental/Lease
Sq.Ft.:
25,572
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2024
Baths:
MLS#:
202425732

ADDITIONAL INFORMATION

Asking Price $3,400,000.00 (SOLD AS-IS , Partially Finished) 70%+/- of buildings and 85%+/- of site work completed per Seller. Buyer to purchase and complete construction, ADD on Value for completed project. Projected completed stabilized estimated value $6,500,000.00+/- Prime for a Builder Contractor Buyer. Seller/Contractor can contract to finish as General Contractor. Estimated expense to finish construction $1.2+/- Million range. Parcel # 35231.1437 Two 3-Story Buildings 24 Total Units (Twelve 2 bed/ 2 bath and Twelve 3 bed/ 2 bath) Building A: Six 2 Bed / 2 Bath Units (876 SF Each) and Six 3 Bed 2 Bath (1,255 SF Each) Building B: Six 2 Bed / 2 Bath Units (876 SF Each) and Six 3 Bed 2 Bath (1,255 SF Each) Lot Size 43,290+/- Square Feet (0.99) Total Building Size 25,572 +/- Square Feet $132.00 Per Square Foot As-Is

Type:
Rental/Lease
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2023
Baths:
MLS#:
202425673

ADDITIONAL INFORMATION

Brand New 2-Story Duplex located on a private, dead-end street. Beautiful modern-style units with attached garages. Live in one side and rent the other while before they are all leased up. Or use one unit as an "in-law setup". These units have 3 bed 2.5 bath and 1494sqft. Stainless appliances, hard surface counters and washer/dryers in units. Modern style finishes with Huntwood cabinets and low maintenance LVP flooring. Large primary suite with walk in closet and private bathroom. Landscaping to be completed prior to closing. There is a total of 4 duplexes left available on this street. These are the perfect, low maintenance multi-family units for your investment portfolio.

Type:
Rental/Lease
Sq.Ft.:
3,356
Status:
Active
Beds:
n/a
Year built:
2020
Baths:
MLS#:
202425449

ADDITIONAL INFORMATION

Modern Duplex Investment Opportunity centrally located in Spokane Valley! This newer, well maintained 2-story duplex features 3 bedrooms, 2.5 baths, & over 1,600 sq ft of well-planned living space in both units. Thoughtfully designed w/ high quality materials, each unit boasts durable LVP flooring, quartz countertops, soft-close cabinets, & SS apps in a spacious open-concept layout. Main floor also includes 1/2 bath, under-stair closet/pantry, & direct access to 2-car garage. Upstairs, primary suite has attached full bath w/ dual sinks & quartz counters + 2 add'l beds, 2nd full bath & laundry. Outside each unit has a private backyard w/ patio & 6 ft vinyl fence. Off street parking in front, central A/C & efficient gas heating. Located on a quiet street in a neighborhood of newer duplexes. Ideal for investors, those seeking to live in one unit while renting the other, or multi-generational families. Gross income of $3,600/month. Virtual tours of each unit available, please do not disturb tenants.

Type:
Rental/Lease
Sq.Ft.:
3,124
Status:
Active
Beds:
n/a
Year built:
1971
Baths:
MLS#:
202423995

ADDITIONAL INFORMATION

Each unit is 1,562 square feet with good sized bedrooms, cathedral ceilings, two fireplaces and many updates including the metal roof, new in 2022 and back decks that were completely rebuilt last year. The nice floor plan includes two bedrooms and one full bath on the main floor. The basement features an additional bedroom, half bath, laundry area and family room. The location is convenient for both the owner and renters. Easy for visual drive bys and convenient to shopping and freeway.

Type:
Rental/Lease
Sq.Ft.:
2,264
Status:
Active
Beds:
n/a
Year built:
1953
Baths:
MLS#:
202423004

ADDITIONAL INFORMATION

Welcome to this super versatile property in Spokane Valley, featuring both a 2 bed, 1 bath single-family home and a duplex with a pair of 1 bed, 1 bath units. The main home includes an attached garage and an unfinished basement, providing extra storage or the potential for additional living space. The duplex presents an excellent opportunity for rental income or multi-generational living. A detached double garage adds even more functionality. The spacious, flat lot offers ample parking. Whether you're looking for a home with income potential or a pure investment, this property has many possibilities. Don’t miss out on this unique opportunity!

Type:
Rental/Lease
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
1962
Baths:
MLS#:
202422612

ADDITIONAL INFORMATION

Tons of options to consider with this property. Ground level (1958+/- SF). Multiple rooms that could be bedrooms or office space, large conference/great room area, den/office room, brick fireplace, kitchen, utility room, access to side area - former carport - now used as shop, and stairs to 2nd floor. 2nd floor also has outside access stairs and locking door, as well as 3 bedrooms and 2 baths and ample hall space. Situated on a 1/4 acre, corner lot is xeriscaped on the eastside or can accommodate parking 9 cars. Lot is fenced 6 ft high, garage is 30x24 and could house 3 cars with plenty of storage as well. Also has a lean-to shed on the north side. 5 year old metal roof and exterior could be wrapped in metal also, or paint the T-111. Multiple functional uses and spaces. High daily traffic count - highly visible location. AC lower level, window AC up. Internet, phone and Cat-4 to every room.

Type:
Rental/Lease
Sq.Ft.:
3,020
Status:
Active
Beds:
n/a
Year built:
2022
Baths:
MLS#:
202422473

ADDITIONAL INFORMATION

2022 Built Duplex conveniently located in the Spokane Valley on a dead-end street. Beautiful modern designed buildings with 3 bedroom, 2 bath and attached 2 car garages each unit. Huntwood cabinets with soft close doors, LVP flooring in the main traffic areas and hard surface counters throughout. Stainless-steel kitchen appliances included as well as washer and dryers in unit. Large primary suite with walk in closet and private bathroom. 7 buildings still available. These low maintenance and stabilized properties are perfect for your investment portfolio whether you are a seasoned investor or just getting started.

Type:
Rental/Lease
Sq.Ft.:
2,842
Status:
Active
Beds:
n/a
Year built:
1977
Baths:
MLS#:
202419990

ADDITIONAL INFORMATION

Welcome to this well-maintained duplex located in the heart of Spokane Valley! Each unit boasts 1,421 sq ft of comfortable living space, featuring 3 spacious bedrooms and 2 bathrooms. Recently updated with mini-split AC units and new windows, these units provide enhanced energy efficiency and modern comfort. Enjoy the convenience of an attached 1-car garage for each side, ensuring ample parking and storage. The property is enhanced by a fenced backyard, perfect for outdoor activities or relaxation. Ideally situated close to I-90, bus routes, shopping centers, and a variety of restaurants, this duplex offers easy access to all amenities. With a solid rental history and tenants responsible for sewer and garbage, this property is an excellent investment opportunity.

Type:
Rental/Lease
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2023
Baths:
MLS#:
202418229

ADDITIONAL INFORMATION

2 Brand New Duplexes located on a private, dead-end street. Beautiful modern-style units with attached garages. Live in one side and rent the other while before they are all leased up. Or use one unit as an "in-law setup". These are 2-story with 3 bed 2.5 bath and 1494sqft each side. Stainless appliances, hard surface counters and washer/dryers in units. Modern style finishes with Huntwood cabinets and low maintenance LVP flooring. Large primary suite with walk in closet and private bathroom. These are the perfect, low maintenance multi-family units for your investment portfolio. Estimated rents of $2400/mo/door.

Type:
Rental/Lease
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Year built:
2022
Baths:
MLS#:
202411640

ADDITIONAL INFORMATION

2022 Built Duplex conveniently nestled in the Spokane Valley. These are beautiful townhome style with attached 2 car garages each unit. All stainless kitchen appliances included. Washer and dryers in units and included. Modern style finishes with Huntwood cabinets and LVP flooring. Large primary suite with walk in closet and private bathroom. These are the perfect duplexes for your investment portfolio.

Type:
Rental/Lease
Sq.Ft.:
2,984
Status:
Active
Beds:
n/a
Year built:
1942
Baths:
MLS#:
202411236

ADDITIONAL INFORMATION

Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot right next to Edgecliff Park in Spokane Valley. Fully rented with room to increase rents. All units are 2 bed / 1 bath with their own washer/dryer and a comfortable layout. Two residences have a bonus 3rd room which could be used as office space, additional family room or possibly extra bedroom. Plenty of off street parking & individual storage units. There's a courtyard between the buildings, located on a dead-end street directly adjacent to a quiet park and some newer constructed duplexes & single family homes. Don't miss out on this opportunity.

Type:
Rental/Lease
Sq.Ft.:
10,250
Status:
Active
Beds:
n/a
Lot size:
1 Acres
Year built:
2020
Baths:
MLS#:
202323932

ADDITIONAL INFORMATION

100% Leased, Prime Valley Luxury Townhouses (5-Plex) for sale. Centrally located in the heart of the Spokane Valley and near a variety of amenities. Deluxe oversized units consisting of 3 bedrooms and 3 bathrooms per townhouse with upgraded finishes. This well maintained property is elite for any investor buyer looking to buy a newer investment property and avoid new development expenses. Great Potential AIRBNB.

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Andrea Conner, License # 26653, Xome Inc. License # 19003, [email protected], 844-400-XOME (9663), 108 1st Avenue, 400A, Seattle, WA 98104


Listings courtesy of Spokane Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The data relating to real estate for sale on this website comes in part from the IDX program of the Spokane Association of REALTORS®. The IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Spokane Association of REALTORS®. All rights reserved.



Spokane Valley Real Estate

The median home value in Spokane Valley, WA is $310,000. This is lower 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 Valley, WA is $310,000. Approximately 55.08% of Spokane Valley homes are owned, compared to 39.63% rented, while 5.29% are vacant. Spokane Valley 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 Valley real estate agent to arrange a tour today!

Spokane Valley, Washington has a population of 102,178. Spokane Valley is less family-centric than the surrounding county with 29.37% 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 Valley, Washington is $60,079. 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 Valley is 38 years.

Spokane Valley Weather

The average high temperature in July is 83.8 degrees, with an average low temperature in January of 25.3 degrees. The average rainfall is approximately 19.5 inches per year, with 42.4 inches of snow per year.

Spokane Valley Real Estate Market Conditions

  • Median sales price

    $310,000
    15.5% change since last quarter
  • # Active listings

    247
    30-day change

Spokane Valley Schools and Demographics

Education near Spokane Valley, WA

Metric City County
High School Graduates 94.45 94.16
College Degree - 2 year 14.09 13.26
College Degree - 4 year 24.43 31.52
Graduate Degree 5.8 8.07
Expenditures per Student 17,661 17,661
Students per Teacher 16.5 16.5

Elementary Schools near Spokane Valley, WA

School Grades Students P/T Ratio ZIP
Adams Elementary School PK - 05 454 15.3 99037
Broadway Elementary School PK - 05 467 13.5 99206
Central Valley Kindergarten Center KG - KG 237 25.5 99016
Chester Elementary School PK - 05 341 15.1 99206
Continuous Curriculum School KG - 08 529 16.3 99216
Greenacres Elementary School PK - 05 629 16.7 99016
Liberty Lake Elementary School PK - 05 672 17.1 99019
McDonald Elementary School PK - 05 346 13.4 99216
Ness Elementary School KG - 05 369 17.2 99206
Opportunity Elementary School PK - 05 471 14.3 99206
Ponderosa Elementary School PK - 05 346 16.1 99206
Progress Elementary School PK - 05 393 14.4 99037
South Pines Elementary School PK - 05 388 14.3 99206
Summit School KG - 08 323 15.9 99216
Sunrise Elementary School PK - 05 577 16.3 99037
Trent School PK - 08 460 13.8 99206
Trentwood School PK - 08 483 16.1 99216
University Elementary School PK - 05 281 12.1 99206

Middle Schools near Spokane Valley, WA

School Grades Students P/T Ratio ZIP
Bowdish Middle School 06 - 08 508 18.8 99206
East Valley Enrichment Center 03 - 08 297 14.8 99216
East Valley Middle School 07 - 08 487 99216
Evergreen Middle School 06 - 08 695 19.4 99037
Greenacres Middle School 06 - 08 770 21.3 99016
Horizon Middle School 06 - 08 484 18.6 99206
North Pines Middle School 06 - 08 499 16.9 99206

High Schools near Spokane Valley, WA

School Grades Students P/T Ratio ZIP
Central Valley High School 09 - 12 2,000 21.6 99037
East Valley High School 09 - 12 1,042 17.7 99216
University High School 09 - 12 1,823 21.5 99216

Ungraded Schools near Spokane Valley, WA

School Grades Students P/T Ratio ZIP
* Barker Center 09 - 12 105 7.5 99216
* Dishman Hills High School 09 - 12 318 26.5 99206
* I-Tracc 09 - 12 75 99216
Eagle Peak At Pratt 03 - 12 66 5.2 99212
Off-Campus Special Education PK - 13 32 99016
Spokane Valley Learning Academy KG - 12 80 19.5 99216
Washington Academy of Arts and Technology KG - 12 394 45.6 99216

Demographics near Spokane Valley, WA

Metric City County
Neighborhood Type Suburban
Population 102,178 531,477
Population Density 2,709 301
Median Age 38 37.9
People per Household 2.4 2.5
Median Household Income 60,079 64,079
Average Income per Capita 30,757 34,340