Spokane Valley, WA Multifamily Properties for Sale

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Updated: Apr 24

Well-Maintained Duplex with Garages

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

$525,000

3,816 sqft 0.25 AC lot

Duplex with ranch‑style architecture, built in 1962
Brick construction with a composition roof
Each unit includes an attached one‑car garage with opener
Covered patio and fully fenced backyard
Fireplace on‑site; interiors include some hardwood flooring

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

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Est. Cap Rate

6.3%
Above avg (5.9%)
Est. NOI

$33K
Annual
Price @ 7% Cap

$473K
Suggested
Property Type

Duplex
Built 1962

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Updated: Apr 3

Duplex with Upstairs Bedrooms

10811 E Mission Ave, Spokane Valley, WA 99216

$699,900

3,000 sqft 0.33 AC lot

2019‑built home with central air conditioning and forced‑air natural gas heat
Open kitchen/living room layout with kitchen island and access to a spacious backyard
Appliances include free‑standing range, dishwasher, and refrigerator
Patio included
Parking features include RV parking and open parking

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Vacant Duplex with Detached Shop

10906 E 17th Ave, Spokane Valley, WA 99206

$550,000

2,704 sqft 0.36 AC lot

Two vacant ranch units each offer 2 beds, 2 baths, plus a non-egress bedroom and detached garage.

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Modern Duplex With In-Unit Laundry

1428 North Michigan Lane, Greenacres, WA 99016

$675,000

2,920 sqft

A 2020-built duplex with open layouts, included appliances, and in-unit laundry for flexible owner-occupant or rental use.

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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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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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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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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 Decks and Garages

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

$495,000

2,080 sqft 0.33 AC lot

Two residential units feature split layouts, private decks, and one-car garages with recent interior upgrades.

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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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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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Modern Duplex in Greenacres, WA

1428 N Michigan Ln, Greenacres, WA 99016

$675,000

2,920 sqft 0.13 AC lot

2020 duplex with modern finishes and investment potential.

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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

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 Duplex with Upside

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

$329,500

1,092 sqft 0.34 AC lot

Income-producing duplex with expansion potential on a 0.34-acre lot.

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Turnkey Duplex with Attached Garages

12003 E 23rd Ave, Spokane Valley, WA 99206

$520,000

2,944 sqft 0.31 AC lot

Updated duplex with two ranch-style units, each with attached one-car garages and fenced backyards.

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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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Fixer-Upper Duplex with Two Garages

805/807 N Sargent Rd, Spokane Valley, WA 99212

$319,000

3,576 sqft 0.29 AC lot

Two 3-bedroom units with fenced backyards and single-car garages sold as-is, suited for renovation and income use.

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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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Spokane Valley Duplex For Sale

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 ample parking and two units, one tenant-occupied.

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I-90 Freeway Land Opportunity

Spokane Valley, WA 99025

$3,565,000

10 sqft

Land for hotel, RV park, or other development.

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Spokane Valley Duplex For Sale

14010 E Broadway Ave, Spokane Valley, WA 99216

$445,000

Two-level duplex with basement, large backyard, ample parking.

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Spokane Valley Duplex with Garages

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

$464,900

1,928 sqft 0.29 AC lot

Well-maintained duplex in Spokane Valley with garages and fenced backyard.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Spokane Valley, WA, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

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.

BOARDING/ROOMING HOUSE

421 Adams Rd, Spokane Valley, WA 99216-2121

$4,300,000

Estimated value

33,244 sqft 2.23 AC lot

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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 23 active listings on our real estate platform. These investment opportunities span a total of 174,219 square feet of properties for sale, with an estimated market value of $46,296,300.

Sale prices for multifamily properties in Spokane Valley, WA start at $319,000, averaging $2,204,585, 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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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
Spokane	$1.2M
Newman Lake	$3.6M
Greenacres	$6M
Veradale	$8.1M

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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