Spokane, WA Senior Housing / Retirement Homes for Sale

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Updated: Aug 5, 2025

Spokane Retirement Community Condo

221 E Rockwood Blvd, Spokane, WA 99202

$150,000

704 sqft

Maintenance‑free living with included utilities (excluding phone, cable, and internet).
Enjoy the indoor heated pool and hot tub, plus fitness classes like Tai Chi, swim aerobics, and yoga.
Free shuttle service for errands, grocery shopping, and resident outings.
New flooring and fresh paint throughout the unit.
Appliances included: stove, dishwasher, washer/dryer, and refrigerator.

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This listing looks promising.

Here's a quick look at some key insights for

221 E Rockwood Blvd, Spokane, WA 99202-1200

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Est. Cap Rate

4.7%
NOI ÷ price
Est. NOI

$7K
Annual
Price @ 7% Cap

$100K
Suggested

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Updated: Jul 17

Licensed Adult Family Home

2214 E 36th Ave, Spokane, WA 99203

$675,000

13,386 sqft

South Hill Spokane adult family home licensed for 6 residents
Multiple living areas with 6 bedrooms and 4 bathrooms on the main level
Finished basement includes a living room, kitchen, 4 bedrooms plus 2 non‑egress rooms, and a bathroom
Wheelchair accessible features
Central air plus furnace, window A/C for each bedroom, and mini‑split heat‑pump system for common areas

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Licensed Adult Family Home

4414 S Helena St, Spokane, WA 99223

$700,000

16,063 sqft

Well-established assisted living property licensed for 6, with central air, multiple living areas, and wheelchair accessibility.

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Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 3 Active listings in Spokane, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Former Senior Care Facility

34 NE 20th Ave, Portland, OR 97232

$978,000

7,315 sqft 0.17 AC lot

Former senior care facility ideal for multifamily and senior living.

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Hillsboro Home with Accessibility Features

2706 Spruce St, Hillsboro, OR 97123

$825,000

2,798 sqft

Turn key investment opportunity - Adult foster care/ Multi-generational living

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Residential Care Assisted Living Facility

2566 SE 109th Ave, Portland, OR 97266

Contact for pricing

Newer assisted living facility offering 15 private-bed units and a turn-key operation for an owner-operator.

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Tenanted Senior Foster Care Residence

1809 SE Brookwood Ave, Hillsboro, OR 97123

Contact for pricing

Tenanted 4-bedroom senior foster care residence rebuilt with permits in 2019, operating under a signed 3-year lease.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Kelso Riverfront Development Opportunity

2000 South River Road, Kelso, WA 98626

$2,400,000

5.60 AC lot

5.6-acre riverfront development site in Kelso, Washington.

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Tualatin High-Density Development Opportunity

18315 SW PACIFIC Hwy, Tualatin, OR 97062

$3,750,000

5.02 AC lot

High-density residential development opportunity in Tualatin's rapidly expanding westside submarket.

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Vernonia Land with Development Potential

Cougar St, Vernonia, OR 97064

$899,000

10.43 AC lot

10.43 acres in Vernonia, OR, ideal for residential development.

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Sweet Home Land Subdivision Opportunity

4901 Highway 20, Sweet Home, OR 97386

$1,750,000

27.52 AC lot

27.52 acre R-2 zoned land with subdivision approval.

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Off-Market Properties in Spokane, WA

Consider similar Off-Market properties in Spokane, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOMES (RETIRED, NURSING)

6021 Lidgerwood St, Spokane, WA 99208-1125

$1,065,000

Estimated value

36,842 sqft 1.90 AC lot

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HOMES (RETIRED, NURSING)

100 Dalke Ave, Spokane, WA 99208-1006

$715,000

Estimated value

10,350 sqft 0.67 AC lot

View details

HOMES (RETIRED, NURSING)

3319 57th Ave, Spokane, WA 99223-7022

Value Estimation by Request

27,008 sqft 4.46 AC lot

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HOMES (RETIRED, NURSING)

12420 Ruby Rd, Spokane, WA 99218-1964

Value Estimation by Request

7,730 sqft 0.83 AC lot

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HOMES (RETIRED, NURSING)

1616 30th Ave, Spokane, WA 99203-3973

$1,430,000

Estimated value

34,376 sqft 3.95 AC lot

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HOMES (RETIRED, NURSING)

7310 Pne Rock St, Spokane, WA 99208-9085

$1,075,000

Estimated value

33,673 sqft 2.89 AC lot

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HOMES (RETIRED, NURSING)

6025 Assembly St, Spokane, WA 99205-7674

$1,330,000

Estimated value

49,321 sqft 5.11 AC lot

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HOMES (RETIRED, NURSING)

1717 Rowan Ave, Spokane, WA 99207

$2,850,000

Estimated value

26,008 sqft 1.75 AC lot

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HOMES (RETIRED, NURSING)

6930 Nevada St, Spokane, WA 99208-5230

Value Estimation by Request

4,757 sqft 2.27 AC lot

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HOMES (RETIRED, NURSING)

707 5th Ave, Spokane, WA 99204-2739

$910,000

Estimated value

10,743 sqft 1.06 AC lot

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HOMES (RETIRED, NURSING)

1620 Mead St, Spokane, WA 99218-1772

Value Estimation by Request

9,266 sqft 2.15 AC lot

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HOMES (RETIRED, NURSING)

9111 Upriver Dr, Spokane, WA 99206-4430

$705,000

Estimated value

9,652 sqft 6.77 AC lot

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HOMES (RETIRED, NURSING)

302 Wedgewood Ave, Spokane, WA 99208-5393

$1,585,000

Estimated value

61,896 sqft 2.58 AC lot

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HOMES (RETIRED, NURSING)

7411 Nevada St, Spokane, WA 99208-5518

$2,375,000

Estimated value

68,053 sqft 5.16 AC lot

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HOMES (RETIRED, NURSING)

313 Lyons Ave, Spokane, WA 99208

$905,000

Estimated value

15,210 sqft 0.96 AC lot

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HOMES (RETIRED, NURSING)

7007 Wiscomb St, Spokane, WA 99208-5479

$2,245,000

Estimated value

123,142 sqft 2.22 AC lot

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HOMES (RETIRED, NURSING)

1110 Westview Ct, Spokane, WA 99218-1326

$1,095,000

Estimated value

19,344 sqft 5.31 AC lot

View details

HOMES (RETIRED, NURSING)

1224 Westview Ct, Spokane, WA 99218-3813

$2,350,000

Estimated value

56,456 sqft 4.28 AC lot

View details

HOMES (RETIRED, NURSING)

7015 Wiscomb St, Spokane, WA 99208-6482

$1,285,000

Estimated value

45,836 sqft 1.89 AC lot

View details

HOMES (RETIRED, NURSING)

5329 Rifle Clb Ct, Spokane, WA 99208-9065

$1,125,000

Estimated value

32,289 sqft 3.41 AC lot

View details

HOMES (RETIRED, NURSING)

43 Weile Ave, Spokane, WA 99208-7029

$1,575,000

Estimated value

31,036 sqft 4.98 AC lot

View details

Spokane, WA Senior Housing / Retirement Homes Market Trends and Statistics

Explore 38 senior housing / retirement homes for sale in Spokane, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 30,153 square feet of properties for sale, with an estimated market value of $1,525,000.

Sale prices for assisted living facilities in Spokane, WA start at $150,000, averaging $508,333, and reaching up to $700,000 — 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 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
99202	$150K
99203	$675K
99223	$700K

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 25,000 to 50,000 square foot range.

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Spokane, WA Senior Housing / Retirement Homes for Sale

221 E Rockwood Blvd, Spokane, WA 99202

2214 E 36th Ave, Spokane, WA 99203

4414 S Helena St, Spokane, WA 99223

Opportunities in Nearby Cities

34 NE 20th Ave, Portland, OR 97232

2706 Spruce St, Hillsboro, OR 97123

2566 SE 109th Ave, Portland, OR 97266

1809 SE Brookwood Ave, Hillsboro, OR 97123

Potential Development Sites for Consideration

2000 South River Road, Kelso, WA 98626

18315 SW PACIFIC Hwy, Tualatin, OR 97062

Cougar St, Vernonia, OR 97064

4901 Highway 20, Sweet Home, OR 97386

Off-Market Properties in Spokane, WA

6021 Lidgerwood St, Spokane, WA 99208-1125

100 Dalke Ave, Spokane, WA 99208-1006

3319 57th Ave, Spokane, WA 99223-7022

12420 Ruby Rd, Spokane, WA 99218-1964

1616 30th Ave, Spokane, WA 99203-3973

7310 Pne Rock St, Spokane, WA 99208-9085

6025 Assembly St, Spokane, WA 99205-7674

1717 Rowan Ave, Spokane, WA 99207

6930 Nevada St, Spokane, WA 99208-5230

707 5th Ave, Spokane, WA 99204-2739

1620 Mead St, Spokane, WA 99218-1772

9111 Upriver Dr, Spokane, WA 99206-4430

302 Wedgewood Ave, Spokane, WA 99208-5393

7411 Nevada St, Spokane, WA 99208-5518

313 Lyons Ave, Spokane, WA 99208

7007 Wiscomb St, Spokane, WA 99208-5479

1110 Westview Ct, Spokane, WA 99218-1326

1224 Westview Ct, Spokane, WA 99218-3813

7015 Wiscomb St, Spokane, WA 99208-6482

5329 Rifle Clb Ct, Spokane, WA 99208-9065

43 Weile Ave, Spokane, WA 99208-7029

Spokane, WA Senior Housing / Retirement Homes Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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