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    South Hill 5-Plex Investment
    Updated: Jan 14
    South Hill 5-Plex Investment

    1621 W 9TH Ave, Spokane, WA 99223

    $535,000
    4,535 sqft · 0.16 AC lot
    Stable, long‑term tenants and solid rental history provide immediate income.
    Opportunity to expand with adjacent triplex purchase and potential to build.
    Five units offer diverse rental options.
    Each unit is separately metered for electricity, simplifying utility management.
    Professionally managed and thoughtfully restored/updated over time.
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    This listing looks promising.

    Here's a quick look at some key insights for

    1621 W 9TH Ave, Spokane, WA 99223

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    • Est. Cap Rate

      8.4%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $644K
      Above asking

    • Property Type

      Quadplex
      Built 1907
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    Spokane 10-Unit Apartment Building
    Updated: Jun 1
    Spokane 10-Unit Apartment Building

    6511 N Atlantic St, Spokane, WA 99208

    $1,790,000
    7,950 sqft · 0.44 AC lot
    10‑unit apartment building with 7,950 sq ft on a 150' x 128' lot
    Unit mix: nine 750 sq ft 2 bed/1 bath units and one 550 sq ft 1 bed/1 bath unit
    All 10 units are leased out
    Two‑level building with covered parking and a front yard with sprinkler system
    Brick construction with composition roof; heating includes baseboard and electric; cooling via wall units
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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    7307 E 6th Ave, Spokane Valley, WA 99212

    $699,000
    2,940 sqft · 0.42 AC lot

    Six-unit apartment property with coin laundry, covered parking, and a private patio area for tenants.

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    8-Unit Multifamily Investment Property
    8-Unit Multifamily Investment Property

    1239 Campbell Ave, Port Angeles, WA 98362

    $1,195,000
    7,072 sqft · 0.42 AC lot

    Well-maintained eight-unit building offering private decks, in-unit washer/dryer, and two parking spaces per unit.

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    South Hill Multifamily Investment Opportunity
    South Hill Multifamily Investment Opportunity

    928 W 7th Ave, Spokane, WA 99204

    $1,050,000
    6,200 sqft · 0.27 AC lot

    Well-maintained, fully occupied 6-unit building in Spokane's South Hill.

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    Updated 12-Unit Multifamily Building
    Updated 12-Unit Multifamily Building

    402 Laurel, Port Angeles, WA 98362

    $1,920,000
    8,762 sqft · 0.30 AC lot

    Twelve-unit multifamily property with recent exterior, window, roofing, parking, and electrical updates.

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    Seven-Unit Apartment Community
    Seven-Unit Apartment Community

    1704 N Ash St, Spokane, WA 99205

    $520,000
    4,802 sqft · 0.14 AC lot

    Two-building multifamily property with recent upgrades including electrical service, windows, siding, paint, LVP, and a new furnace.

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    Battle Ground Multifamily Investment Opportunity
    Battle Ground Multifamily Investment Opportunity

    Battle Ground, WA 98604

    $1,299,999
    4,372 sqft · 0.54 AC lot

    Six well-maintained units on two tax lots in Battle Ground.

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    12-Unit Two-Story Townhome Community
    12-Unit Two-Story Townhome Community

    303 S Felts Rd, Spokane Valley, WA 99206

    $3,095,000
    14,560 sqft · 0.80 AC lot

    Newer-built townhomes with private patios, covered carports, and in-unit washer/dryer for each unit.

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    Townhome-Style Multifamily Community
    Townhome-Style Multifamily Community

    12402 E Broadway Ave, Spokane Valley, WA 99216

    $1,495,000
    1,030 sqft · 0.55 AC lot

    Five two-story townhome units built in 2020, each with attached garage and in-unit laundry.

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    Renovated Browne's Addition 5-Plex
    Renovated Browne's Addition 5-Plex

    2109 W Pacific Ave, Spokane, WA 99201

    $800,000
    3,892 sqft · 0.19 AC lot

    Stunning, fully renovated 5-plex in the heart of Browne's Addition.

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    Renovated Multifamily with On-Site Parking
    Renovated Multifamily with On-Site Parking

    1427 W 7th Ave, Spokane, WA 99204

    $645,000
    3,919 sqft · 0.16 AC lot

    Renovated 6-unit apartment building with a mix of studios and 1-bed units and on-site parking for added convenience.

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    Turnkey 6-Plex Apartment Building
    Turnkey 6-Plex Apartment Building

    2214 W Northwest Blvd, Spokane, WA 99204

    $499,900
    2,832 sqft · 0.22 AC lot

    Fully occupied 6-plex with on-site laundry, tenant storage, and off-street parking for a straightforward multifamily ownership experience.

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    Well-Maintained Apartment Building
    Well-Maintained Apartment Building

    2228 N Astor St, Spokane, WA 99207

    $945,000
    9,327 sqft · 0.17 AC lot

    Renovated apartment building with a mix of studios, one-, two-, and three-bedroom units, plus common laundry and outdoor space.

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    Student Housing Apartment Building
    Student Housing Apartment Building

    418 E Mission Ave, Spokane, WA 99202

    $1,050,000
    6,000 sqft · 0.16 AC lot

    Villa Maria Apartments offers furnished, room-rented student housing with shared baths, laundry, and multiple common areas.

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    Fourplex with Covered Parking
    Fourplex with Covered Parking

    504 N 7TH Ave, Kelso, WA 98626

    $710,000
    3,326 sqft · 0.12 AC lot

    Four rental units with 2 bedrooms each, covered parking, and coin-operated laundry setup, offered for sale in Kelso.

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    South Hill Multifamily Investment Opportunity
    South Hill Multifamily Investment Opportunity

    618 E 23RD Ave, Spokane, WA 99203

    $775,000
    6,300 sqft · 0.13 AC lot

    Spacious multifamily property in premier South Hill neighborhood near Manito Park.

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    Mixed-Use Multifamily Investment Opportunity
    Mixed-Use Multifamily Investment Opportunity

    9618 Pacific Avenue, Tacoma, WA 98444

    $1,799,000
    0.52 AC lot

    Value-add mixed-use multifamily property with income and upside potential.

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    Multifamily Building with SRO Units
    Multifamily Building with SRO Units

    3011 E Queen Ave, Spokane, WA 99217

    $395,000
    4,656 sqft · 0.11 AC lot

    Apartment building with newly updated interiors and a unit mix including 1- and 2-bedroom layouts plus single room occupancy units.

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    New Construction Apartment Complex
    New Construction Apartment Complex

    11802 E Main Ave, Spokane Valley, WA 99206

    $10,850,000
    42,000 sqft · 0.95 AC lot

    New 42-unit apartment complex featuring 10-foot ceilings, patios or decks, and dedicated parking with EV charging spaces.

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    8-Plex Apartment Building
    8-Plex Apartment Building

    11111 NE 48TH Cir, Vancouver, WA 98682

    $1,995,000
    0.30 AC lot

    Well-maintained 8-unit building with on-site parking, outdoor common space, and coin-operated laundry.

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    Multifamily Opportunity in Tacoma
    Multifamily Opportunity in Tacoma

    7603 Pacific Avenue, Tacoma, WA 98408

    $3,399,000
    0.81 AC lot

    Value-add multifamily property with renovation and income growth potential.

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    New 18-Unit Apartment Complex
    New 18-Unit Apartment Complex

    505 E Hawthorne Rd, Spokane, WA 99218

    $4,800,000
    0.70 AC lot

    New apartment complex with 1, 2, and 3-bedroom units, currently fully occupied near Whitworth University.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    520 North 1st Street, Mount Vernon, WA 98273

    $899,000
    0.21 AC lot

    Six-unit multifamily property with dedicated rear parking and a mix of 1- and 2-bedroom units.

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    Washington Apartment Buildings Market Trends and Statistics

    Explore 338 apartment buildings for sale in Washington, showcased through 338 active listings on our real estate platform. These investment opportunities span a total of 2,949,208 square feet of properties for sale, with an estimated market value of $842,832,343.

    Sale prices for two-family homes in Washington start at $395,000, averaging $3,617,306, and reaching up to $50,135,740 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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