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    South Hill 5-Plex Rental Property
    Updated: Jul 17
    South Hill 5-Plex Rental Property

    1621 W 9TH Ave, Spokane, WA 99223

    $529,000
    4,535 sqft 0.16 AC lot
    South Hill 5‑plex with 4 units in the main residence plus a detached backyard cottage for the 5th unit
    All units are separately metered for electricity
    Basement includes individual tenant storage areas plus a shared laundry facility
    Detached cottage adds flexible rental layout within the property’s 5‑unit setup
    Built in 1907 with Craftsman style; wood siding and a composition roof
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    This listing looks promising.

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    1621 W 9TH Ave, Spokane, WA 99223

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    • Est. Cap Rate

      8.5%
      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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    11-Unit Apartment Building
    11-Unit Apartment Building

    1115 1st St, Cheney, WA 99004

    $1,200,000
    9,600 sqft 0.19 AC lot

    11-unit apartment building with off-street parking and exterior/interior updates including a newer roof and vinyl siding.

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    Eight-Unit Apartment Building
    Eight-Unit Apartment Building

    104 S Oak St, Spokane, WA 99201

    $995,000
    5,397 sqft 0.12 AC lot

    Eight-unit residential income property with four 1-bedroom and four 2-bedroom units, on-site laundry, and six garages.

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    11-Unit Apartment Building
    11-Unit Apartment Building

    1115 1st St, Cheney, WA 99004

    $1,200,000
    9,600 sqft 0.19 AC lot

    Cash-flowing 11-unit building with a mix of one- and two-bedroom units and off-street parking.

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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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    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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    Spokane Valley Townhome Units
    Spokane Valley Townhome Units

    12402 E Broadway Ave, Spokane Valley, WA 99216

    $1,495,000
    1,871 sqft

    Five modern townhome units in Spokane Valley location.

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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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    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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    Renovated 7-Unit Apartment Building
    Renovated 7-Unit Apartment Building

    3123-3125 E Carlisle Avenue, Spokane, WA 99207

    $980,000
    5,250 sqft

    Fully renovated, 100% occupied 7-unit building with uniform two-bedroom, one-bath units designed for straightforward operations.

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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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    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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    Six-Unit Apartment Building with Carports
    Six-Unit Apartment Building with Carports

    7307 E 6th Avenue, Spokane Valley, WA 99212

    $699,000
    2,940 sqft

    Six-unit Spokane Valley apartment property with covered carports, coin laundry, off-street parking, and updated utilities.

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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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    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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    Spokane Investment Opportunity
    Spokane Investment Opportunity

    5012 N Regal St, Spokane, WA 99217

    $1,100,000
    4,898 sqft

    9-unit studio apartment building plus a single-family residence.

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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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    Student Housing Apartment Building
    Student Housing Apartment Building

    418 East Mission Avenue, Spokane, WA 99202

    $1,050,000
    6,000 sqft

    Apartment building with room-by-room student housing, shared laundry, large shared kitchen, and 5 parking spaces.

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    Seven-Unit Apartment Community
    Seven-Unit Apartment Community

    1704 N Ash St, Spokane, WA 99205

    $495,000
    4,802 sqft 0.14 AC lot

    Two-building, seven-unit multifamily property with recent electrical, exterior, and furnace upgrades.

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    Downtown Spokane Mixed-Use Building
    Downtown Spokane Mixed-Use Building

    218-224 S Howard St, Spokane, WA

    $1,800,000
    20,634 sqft 0.10 AC lot

    40 apartments and 2 retail suites in downtown Spokane.

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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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    Brick Multifamily Building
    Brick Multifamily Building

    927 S Adams St, Spokane, WA 99204

    $600,000
    4,798 sqft

    Multifamily building with five one-bedroom units, one two-bedroom unit, and on-site laundry facilities.

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    Apartment and Mini Storage Property
    Apartment and Mini Storage Property

    3004 E Boone Ave, Spokane, WA 99202

    $1,350,000
    9,294 sqft 0.43 AC lot

    Eight 1-bedroom units plus 28 mini storage units, with common laundry and secured mini storage access.

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    Spokane County, WA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Spokane County, WA, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 365,774 square feet of properties for sale, with an estimated market value of $65,526,900.

    Sale prices for two-family homes in Spokane County, WA start at $395,000, averaging $1,872,197, and reaching up to $11,985,000 — 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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