Spokane Valley, WA Residential Income Properties for Sale

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29 properties

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Updated: Apr 24

Ranch Duplex with Attached One-Car Garages

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

$525,000

3,816 sqft 0.25 AC lot

0.25‑acre lot and 3,816 SF ranch duplex
Brick construction with composition roof, built in 1962
Each unit has an attached one‑car garage with opener
Covered patios plus a fully fenced backyard
Heating includes natural gas, hot water, heat pump, and forced air

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Here's a quick look at some key insights for

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

Ranch Duplex with Insulated Four-Car Shop

10906 E 17th Ave, Spokane Valley, WA 99206

$550,000

2,704 sqft 0.36 AC lot

Two vacant units in a ranch duplex setup
Each unit has two bedrooms and two bathrooms plus an additional non‑egress bedroom
Insulated four‑car shop with water and power plus a small finished loft
Gas forced‑air heating and gas water heater
Recently painted interior and exterior with new vinyl flooring

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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

R-3 zoned six-unit apartment building with coin-operated laundry and covered tenant carports.

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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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Duplex with RV Parking

10811 E Mission Ave, Spokane Valley, WA 99216

$699,900

3,000 sqft 0.33 AC lot

Duplex built in 2019 with central air, forced-air natural gas heat, and RV parking plus patio space.

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Two-Story Townhome Community

303 S Felts Rd, Spokane Valley, WA 99206

$3,095,000

14,560 sqft 0.80 AC lot

New construction 12-unit townhome community with dedicated covered carports and in-unit washer and dryer.

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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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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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Four-Unit Ranch Quadplex

7314 E 7th Ave, Spokane Valley, WA 99212

$549,900

2,984 sqft 0.35 AC lot

Fully occupied rental property with private laundry, shared courtyard, and practical unit layouts.

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Duplex with Fireplace

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

$474,900

2,080 sqft 0.33 AC lot

Duplex built in 1970 featuring fireplaces, deck access, two one-car garages, and interior upgrades like paint and flooring.

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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 Oversized Garage and Deck

1206 N Marcus Rd, Spokane Valley, WA 99216

$475,000

2,432 sqft 0.29 AC lot

Duplex with two two-bedroom 1.5-bath units, private decks, and oversized attached garages.

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Duplex with Patio

1428 N Michigan Ln, Greenacres, WA 99016

$649,000

2,920 sqft 0.13 AC lot

2020-built duplex in MFR zoning with central air, natural gas forced-air heat, and a patio.

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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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Forty-Two-Unit Apartment Complex

11802 E Main Ave, Spokane Valley, WA 99206

$10,850,000

42,000 sqft 0.95 AC lot

Under-construction Mason apartment complex with in-unit washer/dryer, mini-split or PTAC heating and cooling, and private patios.

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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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RV Park with Guest Amenities

6021 E 4th Ave, Spokane Valley, WA 99212

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3.20 AC lot

RV park with clubhouse, playground, game room, and laundry facilities along Interstate 90.

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Ranch Duplex with Attached Garages

12003 E 23rd Ave, Spokane Valley, WA 99206

$520,000

2,944 sqft 0.31 AC lot

Ranch-style duplex with attached one-car garages and fully fenced backyards, each unit featuring two bedrooms and one bathroom.

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New Multifamily Property in Spokane

15922 E Valleyway Ave, Spokane Valley, WA 99037

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51,546 sqft

Newly constructed 51-unit multifamily property in Spokane Valley.

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Five-Townhome Apartment Community

12402 E Broadway Ave, Spokane Valley, WA 99216

$1,495,000

1,030 sqft 0.55 AC lot

Built in 2020, Eastside Estates is a CMU-zoned apartment community with in-unit washer and dryer plus attached garages per unit.

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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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Ranch Duplex with Central Air

13803 E Rich Ave, Spokane Valley, WA 99216

$720,000

0.40 AC lot

Newer ranch duplex on a 0.4-acre lot with central air, forced-air electric heat, and smart thermostat features.

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New Construction Apartment Buildings

13217 E 3rd Ln, Spokane Valley, WA 99016

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24,314 sqft

Two new 12-unit apartment buildings in Spokane Valley.

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Duplex with Pellet Fireplace

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 a pellet fireplace, attached garage, and a private back deck.

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Spokane Valley, WA Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Spokane Valley, WA, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 226,425 square feet of properties for sale, with an estimated market value of $38,770,900.

Sale prices for residential income properties in Spokane Valley, WA start at $329,500, averaging $1,550,836, and reaching up to $10,850,000 — 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	$1.9M
Newman Lake	$3.6M
Veradale	$6.3M

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 pricing trends across core commercial property types in Spokane County

Office

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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