Advertise
    Spokane, WA
    Multifamily

    Spokane, WA Multifamily Properties for Sale

    Notify Me
    List
    Map
    Airway Heights, WA Spokane Valley, WA Millwood, WA Cheney, WA Nine Mile Falls, WA Mead, WA Valleyford, WA Fairwood, WA
    88 properties
    Sort:
    South Hill 5-Plex Rental Property
    Updated: Jul 17
    South Hill 5-Plex Rental Property

    1621 W 9TH Ave, Spokane, WA 99223

    $529,000
    4,535 sqft 0.16 AC lot
    South Hill 5‑plex with 4 units in the main residence plus a detached backyard cottage for the 5th unit
    All units are separately metered for electricity
    Basement includes individual tenant storage areas plus a shared laundry facility
    Detached cottage adds flexible rental layout within the property’s 5‑unit setup
    Built in 1907 with Craftsman style; wood siding and a composition roof
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    1621 W 9TH Ave, Spokane, WA 99223

    View Property Analytics

    • Est. Cap Rate

      8.5%
      Above avg (5.9%)

    • Est. NOI

      $45K
      Annual

    • Price @ 7% Cap

      $644K
      Above asking

    • Property Type

      Quadplex
      Built 1907
    View Property Analytics
    Spokane 10-Unit Apartment Building
    Updated: Jun 1
    Spokane 10-Unit Apartment Building

    6511 N Atlantic St, Spokane, WA 99208

    $1,790,000
    7,950 sqft 0.44 AC lot
    10‑unit apartment building with 7,950 sq ft on a 150' x 128' lot
    Unit mix: nine 750 sq ft 2 bed/1 bath units and one 550 sq ft 1 bed/1 bath unit
    All 10 units are leased out
    Two‑level building with covered parking and a front yard with sprinkler system
    Brick construction with composition roof; heating includes baseboard and electric; cooling via wall units
    View details
    Turnkey Fourplex with Updated Exterior
    Turnkey Fourplex with Updated Exterior

    1815 W 10th Ave, Spokane, WA 99204

    $524,999
    2,925 sqft 0.14 AC lot

    Four 1-bedroom, 1-bath units in a maintained Spokane South Hill fourplex with recent exterior updates.

    View details
    Renovated Multi-Unit Residential Property
    Renovated Multi-Unit Residential Property

    1848 W Bridge Ave, Spokane, WA 99201

    $1,099,999
    4,100 sqft 0.13 AC lot

    Updated multi-unit property with multiple residences, updated kitchens and baths, and outdoor gathering space.

    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Nine-Unit Triplex Portfolio
    Nine-Unit Triplex Portfolio

    1332 West Garland Avenue, Spokane, WA 99205

    $1,300,000
    6,570 sqft

    Portfolio of three triplexes with renovated interiors and recent roof and window replacements.

    View details
    South Hill Fourplex on Acreage
    South Hill Fourplex on Acreage

    1023 W 6th Ave, Spokane, WA 99204

    $669,000
    3,016 sqft 0.46 AC lot

    Fourplex with development potential on nearly half an acre.

    View details
    Spokane Duplex: Investment Opportunity
    Spokane Duplex: Investment Opportunity

    6027 N Smith St, Spokane, WA 99208

    $659,900
    3,080 sqft 0.15 AC lot

    Rental duplex in prime location near dining and groceries.

    View details
    Brick Side-by-Side Duplex
    Brick Side-by-Side Duplex

    4703 N Stevens St, Spokane, WA 99205

    $409,900
    2,562 sqft

    Well-maintained brick duplex on a large corner lot, featuring private garages, central A/C, and fenced backyards with alley access.

    View details
    New Duplex Near Downtown Spokane
    New Duplex Near Downtown Spokane

    917 E Providence Ave, Spokane, WA 99207

    $679,500
    3,000 sqft 0.13 AC lot

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

    View details
    Ranch Triplex with Detached Garages
    Ranch Triplex with Detached Garages

    828/820 W 11th Ave, Spokane, WA 99204

    $677,500
    3,950 sqft 0.20 AC lot

    Triplex with three separate units, in-unit laundry hookups, and two detached 2-bay garages for additional income or storage.

    View details
    Renovated 7-Unit Apartment Building
    Renovated 7-Unit Apartment Building

    3123-3125 E Carlisle Avenue, Spokane, WA 99207

    $980,000
    5,250 sqft

    Fully renovated, 100% occupied 7-unit building with uniform two-bedroom, one-bath units designed for straightforward operations.

    View details
    2016-Built Duplex Townhouse Units
    2016-Built Duplex Townhouse Units

    5119 E BUCKEYE Ave, Spokane, WA 99217

    $529,900
    2,731 sqft 0.23 AC lot

    Well-maintained 2016 duplex with two townhouse-style units, each offering 3 bedrooms, 2.5 baths, and an attached 1-car garage.

    View details
    Vacant Rehabbed Triplex with Garage
    Vacant Rehabbed Triplex with Garage

    3415 S Grand Blvd, Spokane, WA 99203

    $775,000
    3,174 sqft 0.22 AC lot

    Vacant, recently rehabbed three-unit, three-level triplex with oversized bedrooms, new bathrooms, and separate secure entrances.

    View details
    Spokane Investment Opportunity
    Spokane Investment Opportunity

    5012 N Regal St, Spokane, WA 99217

    $1,100,000
    4,898 sqft

    9-unit studio apartment building plus a single-family residence.

    View details
    South Hill Multifamily Investment Opportunity
    South Hill Multifamily Investment Opportunity

    928 W 7th Ave, Spokane, WA 99204

    $1,050,000
    6,200 sqft 0.27 AC lot

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

    View details
    Modern Duplex in Mead District
    Modern Duplex in Mead District

    12809 N Jaydee Ln, Spokane, WA 99208

    $857,300
    3,534 sqft 0.41 AC lot

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

    View details
    Updated Bungalow Across From Manito
    Updated Bungalow Across From Manito

    1823 S Grand Blvd, Spokane, WA 99203

    $639,950
    2,240 sqft

    1923 bungalow near Manito Park, generating over $64,000 yearly.

    View details
    Spokane Ranch Duplex: Investor Opportunity
    Spokane Ranch Duplex: Investor Opportunity

    3220 W Francis Ave, Spokane, WA 99205

    $500,000
    4,448 sqft 0.29 AC lot

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

    View details
    Spokane Duplex and Storage Units
    Spokane Duplex and Storage Units

    3024 North Hogan Street, Spokane, WA 99207

    $425,000
    3,438 sqft

    Duplex with storage units, rental upside, diverse income streams.

    View details
    Spokane Fourplex: Investment Opportunity
    Spokane Fourplex: Investment Opportunity

    2927 E Olympic Ave, Spokane, WA 99217

    $599,900
    2,912 sqft 0.15 AC lot

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

    View details
    Multi Family Home
    Multi Family Home

    1848 W Bridge Ave, Spokane, WA 99201

    $1,149,999
    4,100 sqft

    Multifamily properties · 4,100 SF

    View details
    Student Rental Property Near Gonzaga
    Student Rental Property Near Gonzaga

    303 E Augusta Ave, Spokane, WA 99207

    $975,000
    4,234 sqft 0.16 AC lot

    Turnkey multifamily property with strong rental history near Gonzaga University.

    View details
    Downtown Spokane Mixed-Use Building
    Downtown Spokane Mixed-Use Building

    218-224 S Howard St, Spokane, WA

    $1,800,000
    20,634 sqft 0.10 AC lot

    40 apartments and 2 retail suites in downtown Spokane.

    View details
    Renovated Browne's Addition 5-Plex
    Renovated Browne's Addition 5-Plex

    2109 W Pacific Ave, Spokane, WA 99201

    $800,000
    3,892 sqft 0.19 AC lot

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

    View details

    Spokane, WA Multifamily Properties Market Trends and Statistics

    Explore 88 multifamily properties for sale in Spokane, WA, showcased through 88 active listings on our real estate platform. These investment opportunities span a total of 324,689 square feet of properties for sale, with an estimated market value of $52,465,940.

    Sale prices for multifamily properties in Spokane, WA start at $230,000, averaging $718,711, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 37
    Duplexes 35
    Triplexes 12
    Quadplexes 9
    Short term rental properties 6

    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
    99224 $415K
    99212 $474K
    99206 $549.9K
    99205 $552.2K
    99223 $562.5K

    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)

    Property Size Breakdown

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

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Multifamily properties for Sale Near Spokane, WA

    Popular Searches in Spokane, WA

    Popular Categories

    Most Searched ZIP Codes in Spokane, WA

    • 99207
    • 99205
    • 99201
    • 99202
    • 99204
    • 99208
    • 99203
    • 99217
    • 99218
    • 99224
    • 99216

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!