Residential Income

Spokane, WA Residential Income Properties for Sale

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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
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1621 W 9TH Ave, Spokane, WA 99223

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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
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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.

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Remodeled Duplex with Two Garages
Remodeled Duplex with Two Garages

9120 N Wall St, Spokane, WA 99218

$700,000
4,264 sqft

Remodeled duplex with one occupied side, one vacant side, and attached two-car garages for both units.

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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.

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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.

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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.

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Lower South Hill Multifamily Property
Lower South Hill Multifamily Property

1828 W 9th Ave, Spokane, WA 99204

$690,000
4,353 sqft

Multifamily income property with convenient access to major freeway routes and key North–South corridors.

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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.

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Brand-New Duplex With Private Garages
Brand-New Duplex With Private Garages

420 E Euclid Ave, Spokane, WA 99207

$649,500
3,000 sqft 0.16 AC lot

Newly built duplex with two 3-bedroom, 2.5-bath units, each with a private garage, fenced backyard, and gated access.

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Fourplex Investment Property
Fourplex Investment Property

2903 E JACKSON Ave, Spokane, WA 99037

$569,000
3,200 sqft

Well-maintained four-plex with four 2-bedroom, 1-bath units, offered for sale with one unit move-in ready.

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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.

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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.

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Student Housing Apartment Building
Student Housing Apartment Building

418 East Mission Avenue, Spokane, WA 99202

$1,050,000
6,000 sqft

Apartment building with room-by-room student housing, shared laundry, large shared kitchen, and 5 parking spaces.

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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.

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Well-Maintained Apartment Building
Well-Maintained Apartment Building

2228 N Astor St, Spokane, WA 99207

$945,000
9,327 sqft 0.17 AC lot

Renovated apartment building with a mix of studios, one-, two-, and three-bedroom units, plus common laundry and outdoor space.

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Eight-Unit Apartment Building
Eight-Unit Apartment Building

104 S Oak St, Spokane, WA 99201

$995,000
5,397 sqft 0.12 AC lot

Eight-unit residential income property with four 1-bedroom and four 2-bedroom units, on-site laundry, and six garages.

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Student Housing Apartment Building
Student Housing Apartment Building

418 E Mission Ave, Spokane, WA 99202

$1,050,000
6,000 sqft 0.16 AC lot

Villa Maria Apartments offers furnished, room-rented student housing with shared baths, laundry, and multiple common areas.

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Brand-New Duplex with Private Yards
Brand-New Duplex with Private Yards

420 E Euclid Ave, Spokane, WA 99207

$699,999
3,000 sqft

New-construction duplex with two-car garages, gated rear yard access, and 3BR/2.5BA layouts in each unit.

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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.

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Fully Remodeled Duplex With Leases
Fully Remodeled Duplex With Leases

1014 W Spofford Ave, Spokane, WA 99205

$389,000
2,284 sqft

Updated duplex with two leased units, remodeled interiors, and both front-entry and back-entry access.

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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.

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Multifamily Apartment Building
Multifamily Apartment Building

3011 E Queen Avenue, Spokane, WA 99217

$395,000
4,656 sqft

Affordable apartment building with a mix of 1- and 2-bedroom units and single room occupancy units.

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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.

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Spokane, WA Residential Income Properties Market Trends and Statistics

Explore 121 residential income properties for sale in Spokane, WA, showcased through 121 active listings on our real estate platform. These investment opportunities span a total of 395,331 square feet of properties for sale, with an estimated market value of $63,337,845.

Sale prices for residential income properties in Spokane, WA start at $225,000, averaging $652,967, 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.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 114
Apartment buildings 49
Duplexes 38
Single family properties 16
Triplexes 12

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
99205 $539.7K
99223 $562.5K
99217 $591.9K

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)

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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