Spokane Valley, WA Apartment Buildings for Sale

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Spokane, WA Liberty Lake, WA Newman Lake, WA

$10,850,000

42,000 SF

New Apartment Complex in Spokane

11802 E Main Ave, Spokane Valley, WA 99206

42-unit apartment complex with modern amenities, completion July 2026.

New Construction: 42‑unit apartment complex (completion approx. July 2026).
High Income Potential: Estimated Net Operating Income (NOI) of $624,879 annually.
Mix of Units: 36 - 2 Bed/2 Bath units and 6 - 1 Bed/1 Bath units.
Desirable Amenities: Each unit includes washer/dryer, private patio/deck, hard surface countertops, and laminate flooring.
Ample Parking: 85 parking spots, including 12 EV charging stalls.

Updated: Apr 10

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$1,550,000

1,871 SF

Spokane Valley Townhome Units

12402 E Broadway Ave, Spokane Valley, WA 99216

Five modern townhome units in Spokane Valley location.

Newer Construction (2020) - Modern construction, efficient systems.
Spacious Modern Layouts (1,871 SF) - Includes hard surface countertops, stainless steel appliances, LVP flooring, in‑unit washer and dryer, private patios/balconies, storage, off‑street parking, and a deep one‑car garage.
Strong Rental Demand - Prime Spokane Valley location with convenient access to I‑90, schools, parks, and major employment centers.
Each Unit has 3 Bedrooms and 3 Bathrooms - desirable for renters.
Rental Upside - Current rents average $2,063 versus $2,200 market rents, offering immediate upside.

Updated: Mar 6

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$11,985,000

51,546 SF

New Multifamily Property in Spokane

Newly constructed 51-unit multifamily property in Spokane Valley.

15922 E Valleyway Ave, Spokane Valley, WA 99037

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$6,000,000

24,314 SF

New Construction Apartment Buildings

Two new 12-unit apartment buildings in Spokane Valley.

13217 E 3rd Ln, Spokane Valley, WA 99016

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Based on your search, we've compiled 56 Potential Opportunities for your consideration. Besides 4 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.

$675,000

8,832 SF

Spokane Landmark Apartment Building

Unique apartment building with expansion potential in Spokane, Washington.

5634 E Commerce Ave, Spokane, WA 99207

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$675,000

8,832 SF

Spokane Mixed-Use Commercial Landmark

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

5634 E Commerce Ave, Spokane, WA 99207

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$5,700,000

36,114 SF

Spokane Multifamily Property For Sale

55-unit multifamily property in central Spokane with investment upside.

2611 N Market St, Spokane, WA 99207

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$1,295,000

Land Development Opportunity in Spokane

2.75-acre lot designed for assisted living or apartments.

2600 E Illinois Avenue / N. Crescent Drive (Access), Spokane, WA 99207

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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.

Entitled Multifamily Development Opportunity

$3,250,000

0.83 Acres

Entitled Multifamily Development Opportunity

Permitted 50-unit multifamily development with retail space for sale.

403 N River St lot: 403, 417, & 419, Hailey, ID 83333

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Contact for pricing

0.31 Acres

Pahrump Land Investment Opportunity

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

2001 Casino Street, Pahrump, NV 89048

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Lancaster Corner Lot Investment Opportunity

$350,000

7,509.00 Acres

Lancaster Corner Lot Investment Opportunity

0.17-acre corner lot in Lancaster with development potential.

0 Newgrove Street, Lancaster, CA 93534

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Silver Lake Affordable Housing Development

$2,350,000

0.18 Acres

Silver Lake Affordable Housing Development

Ready-to-Issue 54-unit affordable housing development opportunity in prime Silver Lake.

1108 Manzanita St, Los Angeles, CA 90029

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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) • 3,946 SF

Value Estimation

$2,400,000

4507 Sullivan Rd, Spokane Valley, WA 99216-3535

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4517 Sullivan Rd

APARTMENT HOUSE (5+ UNITS) • 400 SF

Value Estimation

$2,400,000

4517 Sullivan Rd, Spokane Valley, WA 99216-3526

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10003 4th Ave

APARTMENT HOUSE (5+ UNITS) • 1.26 Acres

Value Estimation by Request

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

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2121 Lily Rd

APARTMENT HOUSE (5+ UNITS) • 1,200 SF

Value Estimation

$620,000

2121 Lily Rd, Spokane Valley, WA 99212-1457

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6020 4th Ave

APARTMENT HOUSE (5+ UNITS) • 6.00 Acres

Value Estimation

$3,080,000

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

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1024 Houk Rd

APARTMENT HOUSE (5+ UNITS) • 2,876 SF

Value Estimation by Request

1024 Houk Rd, Spokane Valley, WA 99216-0512

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18107 Broadway Ave

APARTMENT HOUSE (5+ UNITS) • 1,556 SF

Value Estimation by Request

18107 Broadway Ave, Spokane Valley, WA 99016-9846

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2705 Pnes Rd

HIGH-RISE APARTMENTS • 7,808 SF

Value Estimation

$2,390,000

2705 Pnes Rd, Spokane Valley, WA 99206-6678

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12420 Mansfield Ave

APARTMENT HOUSE (5+ UNITS) • 22,938 SF

Value Estimation

$1,855,000

12420 Mansfield Ave, Spokane Valley, WA 99216-2705

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13131 Mirabeau Pkwy

APARTMENT HOUSE (5+ UNITS) • 0.91 Acres

Value Estimation by Request

13131 Mirabeau Pkwy, Spokane Valley, WA 99216-7039

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13129 Valleyway Ave

HIGH-RISE APARTMENTS • 3,496 SF

Value Estimation

$1,650,000

13129 Valleyway Ave, Spokane Valley, WA 99216-0881

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302 Argonne Rd

APARTMENT HOUSE (5+ UNITS) • 2,508 SF

Value Estimation by Request

302 Argonne Rd, Spokane Valley, WA 99212-2801

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4223 Progress Rd

HIGH-RISE APARTMENTS • 5,568 SF

Value Estimation by Request

4223 Progress Rd, Spokane Valley, WA 99216-1352

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12202 6th Ave

APARTMENT HOUSE (5+ UNITS) • 0.50 Acres

Value Estimation by Request

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

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11106 4th Ave

APARTMENT HOUSE (5+ UNITS) • 0.39 Acres

Value Estimation by Request

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

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11121 4th Ave

APARTMENT HOUSE (5+ UNITS) • 768 SF

Value Estimation by Request

11121 4th Ave, Spokane Valley, WA 99206-5566

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11202 3rd Ave

APARTMENT HOUSE (5+ UNITS) • 0.52 Acres

Value Estimation by Request

11202 3rd Ave, Spokane Vly, WA 99206

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3020 Clinton Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 1,849 SF

Value Estimation by Request

3020 Clinton Rd, Spokane Valley, WA 99216-0100

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6325 6th Ave

APARTMENT HOUSE (5+ UNITS) • 15,300 SF

Value Estimation

$1,700,000

6325 6th Ave, Spokane Valley, WA 99212-4905

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215 Conklin Rd

APARTMENT HOUSE (5+ UNITS) • 2,968 SF

Value Estimation

$1,400,000

215 Conklin Rd, Spokane Valley, WA 99037-0015

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Spokane Valley, WA Apartment Buildings Investment Opportunities Market Analysis

Explore 48 apartment buildings for sale in Spokane Valley, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 119,731 square feet of properties for sale, with an estimated market value of $30,385,000.

Sale prices for two-family homes in Spokane Valley, WA start at $1,550,000, averaging $7,596,250, 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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Property Size Breakdown

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

Demographics Overview

Population 170K

Population Growth (5Y) +11.9%

Median Household Income $79,674

College Educated 27.1%

High-Yield Neighborhoods for Strategic Investment

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

Neighborhood	Average Price
Greenacres	$6M
Spokane	$6.2M
Veradale	$12M

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Spokane Valley, WA Apartment Buildings for Sale

New Apartment Complex in Spokane

42-unit apartment complex with modern amenities, completion July 2026.

Spokane Valley Townhome Units

Five modern townhome units in Spokane Valley location.

New Multifamily Property in Spokane

New Construction Apartment Buildings

Opportunities in Nearby Cities

Spokane Landmark Apartment Building

Spokane Mixed-Use Commercial Landmark

Spokane Multifamily Property For Sale

Land Development Opportunity in Spokane

Potential Development Sites for Consideration

Entitled Multifamily Development Opportunity

Pahrump Land Investment Opportunity

Lancaster Corner Lot Investment Opportunity

Silver Lake Affordable Housing Development

Off-Market Properties in Spokane Valley, WA

4507 Sullivan Rd

4517 Sullivan Rd

10003 4th Ave

2121 Lily Rd

6020 4th Ave

1024 Houk Rd

18107 Broadway Ave

2705 Pnes Rd

12420 Mansfield Ave

13131 Mirabeau Pkwy

13129 Valleyway Ave

302 Argonne Rd

4223 Progress Rd

12202 6th Ave

11106 4th Ave

11121 4th Ave

11202 3rd Ave

3020 Clinton Rd

6325 6th Ave

215 Conklin Rd

Spokane Valley, WA Apartment Buildings Investment Opportunities Market Analysis

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

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