Spokane Valley, WA Multifamily Properties for Sale

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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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Updated: Apr 3

Two-Story Duplex with RV Parking

10811 E Mission Ave, Spokane Valley, WA 99216

$699,900

3,000 sqft 0.33 AC lot

3,000‑square‑foot duplex built in 2019
Each unit accommodates up to six vehicles
0.33‑acre property near Mission Park
Each unit includes 3 bedrooms, 2 bathrooms, and an office/flex space
Open kitchen and living room layout with kitchen island

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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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Updated Duplex with Fenced Yards

12123 E 22nd Ave, Spokane Valley, WA 99206

$595,900

4,032 sqft

Two leased residences offer flexible layouts, private outdoor areas, separate garages, and substantial recent improvements.

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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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Four-Unit Ranch Quadplex

7314 E 7th Ave, Spokane Valley, WA 99212

$549,900

2,984 sqft 0.35 AC lot

Two duplex structures offer consistent four-unit configuration with private laundry in every residence.

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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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Four-Unit Property with Courtyard

7314 7th, Spokane Valley, WA 99212

$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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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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Six-Unit Apartment Building with Carports

7307 6th, 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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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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Updated Two-Unit Duplex

11515 10th, Spokane Valley, WA 99206

$440,000

2,328 sqft 0.21 AC lot

Up/down layout pairs refreshed interiors with private outdoor space and attached garages.

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Newer Ranch-Style Duplex

13803 E Rich Ave, Spokane Valley, WA 99216

$720,000

0.40 AC lot

Two leased residences offer matching four-bedroom, two-bath layouts with contemporary interiors and separate outdoor decks.

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Duplex with Pellet Fireplace

3921 S Johnson St, Spokane Valley, WA 99206

$565,000

3,170 sqft 0.28 AC lot

Well-maintained duplex on a corner lot with a pellet fireplace, attached garage, and a private back deck.

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2023 Single-Level Duplex

11704 E Valleyway Ave, Spokane Valley, WA 99206

$635,000

2,430 sqft

Two residences feature modern construction, private laundry, and access to the Central Valley School District.

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6-Resident Assisted Living Facility

Spokane Valley, WA 99212

$1,000,000

3,948 sqft 0.35 AC lot

Licensed adult care home with private resident rooms, staff accommodations, and owner living space.

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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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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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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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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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Duplex with Two Two-Bed Units

16108 E Broadway Ave, Spokane Valley, WA 99037

$400,000

1,757 sqft

Two 2-bedroom, 1-bath units each feature separate hot water and laundry access on a fully fenced lot.

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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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Spokane Valley, WA Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Spokane Valley, WA, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 268,026 square feet of properties for sale, with an estimated market value of $57,520,900.

Sale prices for multifamily properties in Spokane Valley, WA start at $329,500, averaging $1,983,479, 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 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
Veradale - 99037	$625K
Spokane - 99206	$1.8M
Newman Lake - 99025	$3.6M

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

Office

Residential Income

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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