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    Spokane, WA Multifamily Properties for Sale

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    Airway Heights, WA Spokane Valley, WA Millwood, WA
    78 results
    Spokane 10-Unit Apartment Building
    $1,790,000
    7,950 SF

    Spokane 10-Unit Apartment Building

    6511 N Atlantic St, Spokane, WA 99208

    Turn-key 10-unit apartment building near NorthTown Mall.

    • Turn‑key investment opportunity with 100% occupancy.
    • Prime location near N Division and Francis, close to NorthTown Mall and city amenities.
    • Ten units: nine 2 bed/1 bath (750 sq/ft) and one 1 bed/1 bath (550 sq/ft).
    • Building size: 7,950 sq/ft on a 150'x128' lot.
    • Includes covered parking.
    Updated: Jun 1
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    South Hill Fourplex on Acreage
    $669,000
    3,016 SF

    South Hill Fourplex on Acreage

    1023 W 6th Ave, Spokane, WA 99204

    Fourplex with development potential on nearly half an acre.

    • Development Potential: Large lot with potential to parcel and develop a portion of land.
    • Income Opportunity: Four well‑maintained, rentable units with potential for a fifth unit conversion.
    • Updated Units: Kitchens and baths in all units have been updated.
    • Separately Metered: All units are separately metered with updated service.
    • Prime Location: Centrally located and private property.
    Updated: Apr 6
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    Spokane Ranch Duplex: Investor Opportunity
    $500,000
    4,448 SF

    Spokane Ranch Duplex: Investor Opportunity

    Well-maintained duplex in Indian Trail, Spokane with income potential.

    3220 W Francis Ave, Spokane, WA 99205
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    Spokane Duplex: Investment Opportunity
    $659,900
    3,080 SF

    Spokane Duplex: Investment Opportunity

    Rental duplex in prime location near dining and groceries.

    6027 N Smith St, Spokane, WA 99208
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    New Duplex Near University District
    $669,950
    3,000 SF

    New Duplex Near University District

    New construction duplex, ideal for investors or owner-occupants.

    420 E Euclid Ave, Spokane, WA 99207
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    New Duplex Near Downtown Spokane
    $679,500
    3,000 SF

    New Duplex Near Downtown Spokane

    Turn-key duplex with high occupancy potential near downtown Spokane.

    917 E Providence Ave, Spokane, WA 99207
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    Modern Duplex in Mead District
    $857,300
    3,534 SF

    Modern Duplex in Mead District

    New construction duplex with high-end finishes and spacious layouts.

    12809 N Jaydee Ln, Spokane, WA 99208
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    Spokane Fourplex: Investment Opportunity
    $599,900
    2,912 SF

    Spokane Fourplex: Investment Opportunity

    Well-maintained fourplex with updated interiors and strong rental income.

    2927 E Olympic Ave, Spokane, WA 99217
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    Versatile Spokane Multi-Family/Mixed-Use Property
    $749,900
    3,014 SF

    Versatile Spokane Multi-Family/Mixed-Use Property

    Multi-family/mixed-use property with income potential near schools and hospital.

    604 S Ray St, Spokane, WA 99202
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    Student Rental Property Near Gonzaga
    $975,000
    4,234 SF

    Student Rental Property Near Gonzaga

    Turnkey multifamily property with strong rental history near Gonzaga University.

    303 E Augusta Ave, Spokane, WA 99207
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    Renovated Browne's Addition 5-Plex
    $800,000
    3,892 SF

    Renovated Browne's Addition 5-Plex

    Stunning, fully renovated 5-plex in the heart of Browne's Addition.

    2109 W Pacific Ave, Spokane, WA 99201
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    Spokane Triplex: Turn-Key Investment
    $600,000
    2,160 SF

    Spokane Triplex: Turn-Key Investment

    Fully furnished triplex in Spokane's vibrant Perry District.

    1110 E 8th Ave, Spokane, WA 99202
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    Spokane Duplex: Investor Special
    $599,000
    2,948 SF

    Spokane Duplex: Investor Special

    Two new homes with rental potential in a convenient location.

    923 E Everett Ave, Spokane, WA 99212
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    South Hill Multifamily Investment Opportunity
    $775,000
    6,300 SF

    South Hill Multifamily Investment Opportunity

    Spacious multifamily property in premier South Hill neighborhood near Manito Park.

    618 E 23RD Ave, Spokane, WA 99203
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    South Hill Duplex Investment Opportunity
    $589,900
    2,776 SF

    South Hill Duplex Investment Opportunity

    Well-maintained duplex in desirable location with long-term leases.

    2716 E 37TH Ave, Spokane, WA 99223
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    Versatile Spokane Multi-Family/Mixed-Use Property
    $750,000
    0.15 Acres

    Versatile Spokane Multi-Family/Mixed-Use Property

    Multi-family/mixed-use property with strong income potential and multiple uses.

    604 S Ray St, Spokane, WA 99202
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    Spokane Victorian Fourplex Investment Opportunity
    $575,000
    2,408 SF

    Spokane Victorian Fourplex Investment Opportunity

    Turnkey fourplex with strong rental history and flexible use options.

    1913 W Mallon Ave, Spokane, WA 99201
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    South Hill Multifamily Investment Opportunity
    $1,050,000
    6,200 SF

    South Hill Multifamily Investment Opportunity

    Well-maintained, fully occupied 6-unit building in Spokane's South Hill.

    928 W 7th Ave, Spokane, WA 99204
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    Bungalow Near Manito Park
    $649,950
    2,240 SF

    Bungalow Near Manito Park

    1923 bungalow across from Manito Park, successful Airbnb.

    1823 S Grand Blvd, Spokane, WA 99203
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    Established Spokane Fourplex Investment Opportunity
    $475,000
    3,032 SF

    Established Spokane Fourplex Investment Opportunity

    Four-unit property with long-term tenants in established rental area.

    1847 E Marshall Ave, Spokane, WA 99207
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    South Hill 5-Plex Investment
    $535,000
    4,535 SF

    South Hill 5-Plex Investment

    Well-maintained 5-plex with rental history in Spokane, WA.

    1621 W 9TH Ave, Spokane, WA 99223
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    Turnkey Quadplex in Spokane
    $499,994
    2,711 SF

    Turnkey Quadplex in Spokane

    Renovated quadplex with flexible unit mix and parking.

    434 W Buckeye Ave, Spokane, WA 99205
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    Spokane Duplex: Investment Opportunity
    $335,000
    1,152 SF

    Spokane Duplex: Investment Opportunity

    Well-located duplex near Spokane offers excellent investment potential.

    3103 W 13TH Ct, Spokane, WA 99224
    View details
    Modern Spokane Fourplex with Upgrades
    $900,000
    3,370 SF

    Modern Spokane Fourplex with Upgrades

    Modern fourplex designed for rentability and low maintenance.

    3002 N Crestline St, Spokane, WA 99207
    View details

    Spokane, WA Multifamily Properties Investment Opportunities Market Analysis

    Explore 78 multifamily properties for sale in Spokane, WA, showcased through 78 active listings on our real estate platform. These investment opportunities span a total of 337,819 square feet of properties for sale, with an estimated market value of $54,935,044.

    Sale prices for multifamily properties in Spokane, WA start at $309,950, averaging $900,574, and reaching up to $6,500,000 — 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

    Duplexes 33
    Apartment buildings 27
    Quadplexes 10
    Triplexes 10
    Short term rental properties 9

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    99224 $415K
    99205 $512.3K
    99223 $525K
    99202 $525K
    99212 $544K

    Taxes & Financing

    Tax Rate (average for all types) 0.86%
    Property Tax per SF $10.24 per sq ft
    Average Loan-to-Value 65.0%

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