Greenacres, WA Multifamily Properties for Sale

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26 properties

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Updated: Jul 9

Duplex with Pellet Fireplace

3921 S Johnson St, Spokane Valley, WA 99206

$565,000

3,170 sqft 0.28 AC lot

0.28‑acre corner lot duplex
Pellet fireplace in the owner‑occupied unit
Attached garage and private back deck
Owner unit: three bedrooms and two full bathrooms
Second unit tenant‑occupied with two recently updated bathrooms

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This listing looks promising.

Here's a quick look at some key insights for

3921 S Johnson St, Spokane Valley, WA 99206

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Est. Cap Rate

4.9%
NOI ÷ price
Est. NOI

$27K
Annual
Price @ 7% Cap

$393K
Suggested
Property Type

Duplex
Built 1978

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Updated: May 11

Six-Unit Apartment Building

7307 E 6th Ave, Spokane Valley, WA 99212

$699,000

2,940 sqft 0.42 AC lot

Six units: one 2 bed/1 bath, four 1 bed/1 bath, plus one studio cottage
0.42‑acre lot with ample off‑street parking
Common area coin‑operated washer and dryer
Covered tenant carports, patio area, and storage shed
Cottage located on its own portion of the lot with potential for future subdivision and separate sale

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Duplex with RV Parking

10811 E Mission Ave, Spokane Valley, WA 99216

$699,900

3,000 sqft 0.33 AC lot

Duplex built in 2019 with central air, forced-air natural gas heat, and RV parking plus patio space.

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Duplex with Garages and Decks

721/723 S Felts Rd, Spokane Valley, WA 99206

$469,900

2,080 sqft 0.33 AC lot

Two residential units offer split-level layouts, fireplaces, laundry areas, and recent interior improvements.

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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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Two-Story Townhome Community

303 S Felts Rd, Spokane Valley, WA 99206

$3,095,000

14,560 sqft 0.80 AC lot

New construction 12-unit townhome community with dedicated covered carports and in-unit washer and dryer.

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Two-Story 4-Plex Investment

13208 E Skyview Ave, Spokane Valley, WA 99216

$595,000

2,858 sqft 0.30 AC lot

Well-maintained 4-plex with four 2-bedroom units, each offering a private deck or patio plus shared laundry and off-street parking.

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Four-Unit Ranch Quadplex

7314 E 7th Ave, Spokane Valley, WA 99212

$549,900

2,984 sqft 0.35 AC lot

Fully occupied rental property with private laundry, shared courtyard, and practical unit layouts.

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Four-Unit Property with Courtyard

7314 E 7th Ave, Spokane Valley, WA 99016

$549,900

2,984 sqft

Fully occupied quadplex with private laundry, shared outdoor space, and off-street parking near Edgecliff Park.

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Duplex With Oversized Garages

1206 N Marcus Rd, Spokane Valley, WA 99216

$449,000

2,432 sqft 0.29 AC lot

Two-unit property with private decks, attached garages, and a functional layout suited to rental or owner-occupant use.

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Duplex with Patio

1428 N Michigan Ln, Greenacres, WA 99016

$649,000

2,920 sqft 0.13 AC lot

2020-built duplex in MFR zoning with central air, natural gas forced-air heat, and a patio.

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Garden-Style Apartment Complex

10101 East Main Avenue, Spokane Valley, WA 99206

$5,950,000

35,902 sqft 2.00 AC lot

Four garden-style apartment buildings on a large corner lot with private decks or patios and a community pool.

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42-Unit Apartment Building

11802 E Main Ave, Spokane Valley, WA 99206

$10,500,000

42,000 sqft 0.95 AC lot

New construction features private outdoor areas, full appliance packages, and parking improvements prepared for access control.

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Duplex with Four-Car Shop

10906 E 17th Ave, Spokane Valley, WA 99206

$550,000

2,704 sqft 0.36 AC lot

Vacant duplex with refreshed interiors, detached garages, and a powered accessory shop with finished loft space.

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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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Brick Ranch Duplex with Fenced Yard

10720 & 10722 E SPRINGFIELD Ave, Spokane Valley, WA 99206

$525,000

3,816 sqft 0.25 AC lot

Two-unit residential property with covered patios, fenced outdoor space, and separate living arrangements.

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Five-Townhome Apartment Community

12402 E Broadway Ave, Spokane Valley, WA 99216

$1,495,000

1,030 sqft 0.55 AC lot

Built in 2020, Eastside Estates is a CMU-zoned apartment community with in-unit washer and dryer plus attached garages per unit.

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New Construction 42-Unit Apartment Complex

11802 E Main Ave, Spokane Valley, WA 99206

$10,500,000

42,000 sqft

New 42-unit apartment complex under construction with 85 parking spaces and private patios or decks for each unit.

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Ranch Duplex with Central Air

13803 E Rich Ave, Spokane Valley, WA 99216

$720,000

0.40 AC lot

Newer ranch duplex on a 0.4-acre lot with central air, forced-air electric heat, and smart thermostat features.

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Updated Duplex with Four-Car Shop

10906 E 17th Ave, Spokane Valley, WA 99037

$550,000

2,704 sqft

Two vacant units combine flexible living space with detached garages and a powered workshop.

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RV Park with Guest Amenities

6021 E 4th Ave, Spokane Valley, WA 99212

Contact for pricing

3.20 AC lot

RV park with clubhouse, playground, game room, and laundry facilities along Interstate 90.

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Ranch Duplex with Updated Vacant Unit

713/715 S Morrow Rd, Spokane Valley, WA 99216

$329,500

0.34 AC lot

Ranch duplex with one updated, vacant side and one tenant-occupied side, with zoning that may support additional units.

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New Multifamily Property in Spokane

15922 E Valleyway Ave, Spokane Valley, WA 99037

Contact for pricing

51,546 sqft

Newly constructed 51-unit multifamily property in Spokane Valley.

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Duplex With Oversized One-Car Garages

13414/ 16 E 26TH Ave, Spokane Valley, WA 99216

$464,900

1,928 sqft 0.29 AC lot

Duplex on a 0.29-acre lot with two bedrooms per unit, fireplaces, and oversized one-car garages plus extra parking.

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Greenacres, WA Multifamily Properties Market Trends and Statistics

Explore 26 multifamily properties for sale in Greenacres, WA, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 252,693 square feet of properties for sale, with an estimated market value of $45,665,000.

Sale prices for multifamily properties in Greenacres, WA start at $329,500, averaging $1,985,434, and reaching up to $10,500,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 20K

Population Growth (5Y) +39.3%

Median Household Income $94,253

College Educated 53.2%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
99016	$662K

Taxes & Financing

Tax Rate (average for all types) 1.00%

Property Tax per SF $10.53 per SF

Tax Rate vs County Average 0.14 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Spokane County

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