Otis Orchards, WA Residential Income Properties for Sale

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Spokane, WA Newman Lake, WA Liberty Lake, WA Mead, WA Post Falls, ID Hauser, ID Rathdrum, ID Millwood, WA

28 properties

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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: Jul 11

Vacant Duplex with Detached Shop

10906 E 17th Ave, Spokane Valley, WA 99206

$550,000

2,704 sqft 0.36 AC lot

Duplex built in 1972 with both units vacant, ready for you to set current market rents or live in one unit
Each unit offers 2 bedrooms, 2 bathrooms, plus an additional non‑egress bedroom
Gas forced‑air heat and a gas water heater in each unit
New vinyl flooring, with the interior and exterior recently painted
Includes a detached one‑car garage plus an insulated four‑car shop with water, power, and a small finished loft

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Duplex with Upstairs Bedrooms

10811 E Mission Ave, Spokane Valley, WA 99216

$699,900

3,000 sqft 0.33 AC lot

Two-unit layout near Mission Park with main-floor living, upstairs bedrooms, and backyard access for tenant-ready privacy.

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Townhouse-Style Duplex Investment

922 S Evergreen Rd, Spokane Valley, WA 99037

$625,000

2,880 sqft

Townhouse-style duplex with gas forced-air heat, central air, fireplaces, patios, and fenced yards for each side.

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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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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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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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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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Duplex with Garages and Decks

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

$474,900

2,080 sqft 0.33 AC lot

Two-unit duplex with upper living areas, lower bedrooms, and one-car garages plus a large shared backyard.

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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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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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Industrial Shop with Private Offices

3315 N Tschirley Rd, Greenacres, WA 99016

$2,200,000

11,700 sqft 1.95 AC lot

Industrial shop with oversized ground-level doors, a loading dock, and private office space on nearly two acres.

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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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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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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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New Construction 42-Unit Apartment Complex

11802 E Main Ave, Spokane Valley, WA 99206

$10,850,000

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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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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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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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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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 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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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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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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Otis Orchards, WA Residential Income Properties Market Trends and Statistics

Explore 29 residential income properties for sale in Otis Orchards, WA, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 268,629 square feet of properties for sale, with an estimated market value of $66,366,100.

Sale prices for residential income properties in Otis Orchards, WA start at $319,000, averaging $2,552,542, 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 5,878

Population Growth (5Y) -8.3%

Median Household Income $70,784

College Educated 29.4%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
99027	$459.9K

Taxes & Financing

Tax Rate (average for all types) 1.03%

Property Tax per SF $37.94 per SF

Tax Rate vs County Average 0.17 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Spokane County

New Delisted

Total CRE Inventory on Market (SF)

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