Multifamily

Spokane, WA Multifamily Properties for Sale

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16-Unit Apartment Building
Updated: Oct 16
16-Unit Apartment Building

1515 W Sharp Ave, Spokane, WA 99201

$1,795,000
10,944 sqft 0.38 AC lot
16 apartments: twelve 1‑bedroom/1‑bathroom units (~576 SF) and four 2‑bedroom/1‑bathroom units (~720 SF)
10,944‑square‑foot building on 0.38 acres
Built in 1977; 12 units renovated and four in classic condition
In‑wall A/C, baseboard heat, dishwashers, and closet space in every unit
On‑site laundry and covered rear parking
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10-Unit Apartment Building
Updated: Oct 1
10-Unit Apartment Building

6511 N Atlantic St, Spokane, WA 99208

$1,790,000
7,950 sqft 0.44 AC lot
10 apartments across two levels in a 7,950‑square‑foot brick building
Unit mix: nine 750‑square‑foot, 2‑bedroom/1‑bath units and one 550‑square‑foot, 1‑bedroom/1‑bath unit
All ten units are leased
0.44‑acre parcel measuring 150' x 128'
Covered carport parking and a front yard with sprinkler system
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20-Unit Apartment Building
20-Unit Apartment Building

6119 N Colton St, Spokane, WA 99208

$2,000,000
12,800 sqft 0.20 AC lot

One-bedroom residences include individual bathrooms, with shared laundry and off-street parking on site.

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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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9-Unit Apartment Building
9-Unit Apartment Building

1414 Lincoln, Spokane, WA 99201

$799,950
7,615 sqft

Common laundry and a varied studio, one-bedroom, and two-bedroom unit mix serve the property’s residents.

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Single-Level Duplex with Garages
Single-Level Duplex with Garages

7015 N Hamilton St, Spokane, WA 99208

$570,000
4,700 sqft 0.24 AC lot

R2-zoned duplex with occupied units, separate furnaces, central air conditioning, and private attached garages.

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9-Unit Apartment Building
9-Unit Apartment Building

1414 N Lincoln St, Spokane, WA 99201

$799,950
7,615 sqft 0.16 AC lot

Multifamily property with varied unit layouts, shared laundry, and recent building-system improvements.

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Craftsman Triplex
Craftsman Triplex

3415 S Grand Blvd, Spokane, WA 99203

$775,000
3,174 sqft 0.22 AC lot

Three vacant residences have individual meters and separately secured entrances.

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Duplex with Attached Garages
Duplex with Attached Garages

7015 N Hamilton St, Spokane, WA 99208

$570,000
4,700 sqft

Two occupied residences offer private patios, separate furnaces, central A/C, and partially finished basement areas.

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Duplex with Oversized Garages
Duplex with Oversized Garages

6027 N Smith St, Spokane, WA 99208

$659,900
3,080 sqft 0.15 AC lot

Both residences offer open living areas, covered patios, and attached oversized garages.

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Four-Unit Bungalow
Four-Unit Bungalow

1815 W 10th Ave, Spokane, WA 99204

$514,999
2,925 sqft 0.14 AC lot

Four one-bedroom apartments feature updated interiors and a mix of documented building improvements.

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Apartment Building with Mini Storage
Apartment Building with Mini Storage

3004 E Boone Avenue, Spokane, WA 99202

$1,350,000
9,294 sqft

Eight apartments are paired with gated mini storage, shared laundry, and dedicated tenant parking.

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New 18-Unit Apartment Building
New 18-Unit Apartment Building

505 E Hawthorne Rd, Spokane, WA 99217

$4,497,700
19,176 sqft 0.70 AC lot

Fully occupied community offering one-, two-, and three-bedroom residences near Whitworth University.

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Two-Unit Duplex with Garages
Two-Unit Duplex with Garages

917 E Providence Ave, Spokane, WA 99207

$679,500
3,000 sqft 0.13 AC lot

Each residence has a fenced backyard and patio access from its dining area.

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Two-Building Apartment Property
Two-Building Apartment Property

1103 9th, Spokane, WA 99204

$1,025,000
10,568 sqft

Nine residential units offer varied layouts, on-site laundry, and covered carport parking.

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Duplex with Private Yards
Duplex with Private Yards

420 E Euclid Ave, Spokane, WA 99207

$675,000
3,000 sqft 0.16 AC lot

Each residence combines a three-bedroom layout with garage parking and a separately fenced outdoor area.

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Renovated 8-Unit Apartment Building
Renovated 8-Unit Apartment Building

1119 W Augusta Ave, Spokane, WA 99205

$830,500
4,309 sqft 0.14 AC lot

Colonial multifamily property with shared laundry, separately metered units, alley access, and off-street parking.

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15-Bedroom Furnished Apartment Building
15-Bedroom Furnished Apartment Building

418 Mission, Spokane, WA 99202

$1,050,000
6,000 sqft

Shared-housing residence with furnished bedrooms, common areas, and on-site laundry.

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Updated Fourplex
Updated Fourplex

2327 E 29th Ave, Spokane, WA 99223

$685,000
3,516 sqft 0.21 AC lot

Four-unit residential income property with selective interior renovations and established neighborhood access.

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Renovated 8-Unit Apartment Building
Renovated 8-Unit Apartment Building

1119 W Augusta Ave, Spokane, WA 99205

$830,500
4,309 sqft

Historic Spokane multifamily property with updated residences, shared laundry, alley access, and separately metered utilities.

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Two-Unit Duplex with Private Garages
Two-Unit Duplex with Private Garages

4518 S Donald Ct, Spokane, WA 99223

$539,000
2,158 sqft 0.19 AC lot

Two two-bedroom residences offer distinct outdoor spaces, updated lower-level finishes, and individual garage parking.

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Four-Unit Duplex Portfolio
Four-Unit Duplex Portfolio

1225 E 29th Ave, Spokane, WA 99203

$1,250,000
4,560 sqft

Two separate parcels hold four three-bedroom residences with recent exterior improvements and three occupied units.

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Apartment Building with Development Land
Apartment Building with Development Land

518 S Elm St, Spokane, WA 99220

$249,900
6,500 sqft 0.07 AC lot

Three-parcel Spokane property with existing improvements, mixed-use zoning, utility infrastructure, and additional land for redevelopment.

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Renovated 5-Plex Apartment Building
Renovated 5-Plex Apartment Building

2109 W Pacific Ave, Spokane, WA 99201

$800,000
3,892 sqft

Four two-bedroom units and one one-bedroom-plus-office unit feature updated interiors and appliances.

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Duplex with Two Attached Homes
Duplex with Two Attached Homes

303 E Augusta Ave, Spokane, WA 99207

$975,000
4,234 sqft 0.16 AC lot

Two attached residences near Gonzaga University with leases secured for the 2026-2027 school year.

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Spokane, WA Multifamily Properties Market Trends and Statistics

Explore 180 multifamily properties for sale in Spokane, WA, showcased through 180 active listings on our real estate platform. These investment opportunities span a total of 782,508 square feet of properties for sale, with an estimated market value of $128,726,146.

Sale prices for multifamily properties in Spokane, WA start at $200,000, averaging $757,212, and reaching up to $4,497,700 — 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

Duplexes 69
Apartment buildings 63
Triplexes 31
Quadplexes 17
Short term rental properties 4

Demographics Overview

Population 390K
Population Growth (5Y) +8.1%
Median Household Income $73,015
College Educated 35.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Veradale - 99037 $549K
Spokane - 99201 $721.8K
Greenacres - 99016 $729.9K

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $10.24 per SF
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 Residential Income pricing trends in Spokane County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Spokane fall within the 10,000 to 25,000 square foot range.

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