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    Spokane Valley, WA Apartment Buildings for Sale

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    Spokane, WA Liberty Lake, WA Newman Lake, WA
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    Six-Unit Apartment Building
    Updated: May 11
    Six-Unit Apartment Building

    7307 E 6th Ave, Spokane Valley, WA 99212

    $699,000
    2,940 sqft · 0.42 AC lot
    6‑unit apartment property on a 0.42‑acre lot in Spokane Valley
    Unit mix: 1 two bed/1 bath, 4 one bed/1 bath, plus 1 studio cottage on the same parcel
    Year built 1956 with tile roof; wood siding and concrete exterior materials
    Public water and public sewer; electric heating
    Common area coin‑operated washer and dryer, covered tenant carports, ample off‑street parking, and tenant patio area
    View details
    12-Unit Two-Story Townhome Community
    Updated: Apr 16
    12-Unit Two-Story Townhome Community

    303 S Felts Rd, Spokane Valley, WA 99206

    $3,095,000
    14,560 sqft · 0.80 AC lot
    Felts Townhomes at 303‑314 S Felts Ln: 12 two‑story townhome units, each with 2 bedrooms and 1.5 bathrooms
    Unit construction mix: 8 units built in 2016 and 4 units completed in 2025 (overall condition: under construction, Year Built 2025)
    Each unit includes covered carport parking, private patio, and in‑unit washer and dryer
    Modern finishes in every unit: LVP flooring, stainless steel appliances, and hard‑surface countertops
    Heating/cooling includes ductless heating and cooling (electric), with concrete construction materials and concrete roof
    View details
    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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    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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    55+ Gated Multifamily Community
    55+ Gated Multifamily Community

    19106 E Sprague Ave, Spokane Valley, WA 99037

    $12,000,000
    4.26 AC lot

    2016-built 55+ gated community with a on-site clubhouse, ADA-friendly apartments, and tenant-paid electricity.

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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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    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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    New Multifamily Property in Spokane
    New Multifamily Property in Spokane

    15922 E Valleyway Ave, Spokane Valley, WA 99037

    $11,985,000
    51,546 sqft

    Newly constructed 51-unit multifamily property in Spokane Valley.

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    New Construction Apartment Buildings
    New Construction Apartment Buildings

    13217 E 3rd Ln, Spokane Valley, WA 99016

    $6,000,000
    24,314 sqft

    Two new 12-unit apartment buildings in Spokane Valley.

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    Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 9 Active listings in Spokane Valley, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Spokane Landmark Apartment Building
    Spokane Landmark Apartment Building

    5634 E Commerce Ave, Spokane, WA 99207

    $675,000
    8,832 sqft · 0.56 AC lot

    Unique apartment building with expansion potential in Spokane, Washington.

    View details
    Spokane Mixed-Use Commercial Landmark
    Spokane Mixed-Use Commercial Landmark

    5634 E Commerce Ave, Spokane, WA 99207

    $675,000
    8,832 sqft

    Historic mixed-use property with income potential in Spokane, Washington.

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    Spokane Mixed-Use Commercial Property
    Spokane Mixed-Use Commercial Property

    5634 E Commerce Ave, Spokane, WA 99207

    $675,000
    8,832 sqft · 0.50 AC lot

    Historic mixed-use building with income potential in Spokane, Washington.

    View details
    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.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Pahrump Land Investment Opportunity
    Pahrump Land Investment Opportunity

    2001 Casino Street, Pahrump, NV 89048

    Contact for pricing
    0.31 AC lot

    0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

    View details
    Lancaster Corner Lot Investment Opportunity
    Lancaster Corner Lot Investment Opportunity

    Newgrove Street, Lancaster, CA 93534

    $350,000
    0.17 AC lot

    0.17-acre corner lot in Lancaster with development potential.

    View details
    Prime Commercial Land Opportunity
    Prime Commercial Land Opportunity

    31426 The Old Road N, Castaic, CA 91384

    $2,250,000
    2.05 AC lot

    2+ acres of commercially zoned land with freeway exposure.

    View details
    Development Opportunity with DTLA Views
    Development Opportunity with DTLA Views

    700 Lookout Dr, Los Angeles, CA 90012

    $799,000
    0.22 AC lot

    Land with potential for up to 23 units.

    View details

    Off-Market Properties in Spokane Valley, WA

    Consider similar Off-Market properties in Spokane Valley, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4507 Sullivan Rd
    APARTMENT HOUSE (5+ UNITS)

    4507 Sullivan Rd, Spokane Valley, WA 99216-3535

    $2,400,000
    Estimated value
    3,946 sqft · 1.01 AC lot
    View details
    4517 Sullivan Rd
    APARTMENT HOUSE (5+ UNITS)

    4517 Sullivan Rd, Spokane Valley, WA 99216-3526

    $2,400,000
    Estimated value
    400 sqft · 1.01 AC lot
    View details
    10003 4th Ave
    APARTMENT HOUSE (5+ UNITS)

    10003 4th Ave, Spokane Valley, WA 99206-3004

    Value Estimation by Request
    1.26 AC lot
    View details
    2121 Lily Rd
    APARTMENT HOUSE (5+ UNITS)

    2121 Lily Rd, Spokane Valley, WA 99212-1457

    $620,000
    Estimated value
    1,200 sqft · 0.32 AC lot
    View details
    6020 4th Ave
    APARTMENT HOUSE (5+ UNITS)

    6020 4th Ave, Spokane Valley, WA 99212-0405

    $3,080,000
    Estimated value
    6.00 AC lot
    View details
    1024 Houk Rd
    APARTMENT HOUSE (5+ UNITS)

    1024 Houk Rd, Spokane Valley, WA 99216-0512

    Value Estimation by Request
    2,876 sqft · 0.63 AC lot
    View details
    18107 Broadway Ave
    APARTMENT HOUSE (5+ UNITS)

    18107 Broadway Ave, Spokane Valley, WA 99016-9846

    Value Estimation by Request
    1,556 sqft · 4.03 AC lot
    View details
    2705 Pnes Rd
    HIGH-RISE APARTMENTS

    2705 Pnes Rd, Spokane Valley, WA 99206-6678

    $2,390,000
    Estimated value
    7,808 sqft · 0.38 AC lot
    View details
    12420 Mansfield Ave
    APARTMENT HOUSE (5+ UNITS)

    12420 Mansfield Ave, Spokane Valley, WA 99216-2705

    $1,855,000
    Estimated value
    22,938 sqft · 4.43 AC lot
    View details
    13131 Mirabeau Pkwy
    APARTMENT HOUSE (5+ UNITS)

    13131 Mirabeau Pkwy, Spokane Valley, WA 99216-7039

    Value Estimation by Request
    0.91 AC lot
    View details
    13129 Valleyway Ave
    HIGH-RISE APARTMENTS

    13129 Valleyway Ave, Spokane Valley, WA 99216-0881

    $1,650,000
    Estimated value
    3,496 sqft · 6.34 AC lot
    View details
    302 Argonne Rd
    APARTMENT HOUSE (5+ UNITS)

    302 Argonne Rd, Spokane Valley, WA 99212-2801

    Value Estimation by Request
    2,508 sqft · 0.60 AC lot
    View details
    4223 Progress Rd
    HIGH-RISE APARTMENTS

    4223 Progress Rd, Spokane Valley, WA 99216-1352

    Value Estimation by Request
    5,568 sqft · 0.19 AC lot
    View details
    12202 6th Ave
    APARTMENT HOUSE (5+ UNITS)

    12202 6th Ave, Spokane Valley, WA 99206-6435

    Value Estimation by Request
    0.50 AC lot
    View details
    11106 4th Ave
    APARTMENT HOUSE (5+ UNITS)

    11106 4th Ave, Spokane Valley, WA 99206-5566

    Value Estimation by Request
    0.39 AC lot
    View details

    Spokane Valley, WA Apartment Buildings Market Trends and Statistics

    Explore 53 apartment buildings for sale in Spokane Valley, WA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 141,201 square feet of properties for sale, with an estimated market value of $36,373,000.

    Sale prices for two-family homes in Spokane Valley, WA start at $699,000, averaging $4,546,625, 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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    Demographics Overview

    Population 170K
    Population Growth (5Y) +11.9%
    Median Household Income $79,674
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

    Identify Spokane Valley submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Spokane $3.1M
    Greenacres $6M
    Veradale $12M

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Spokane Valley fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Spokane Valley, WA

    • 99037
    • 99206
    • 99212
    • 99216
    • 99016

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