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$1,050,000
202623010 MLS
Two buildings on one lot present a rare and valuable investment opportunity with strong rental income and excellent tenant appeal. The first building is a triplex, offering 2 bedrooms each.. The second building includes a total of 6 units, made up of one studio, three 1-bedroom units, and two 2-bedroom units. Together, the properties generate a solid monthly rental income of $10,261. Both buildings offer convenience and comfort, featuring on-site laundry facilities and covered carport parking for tenants. With a great unit mix and consistent income, this property is ideal for investors seeking a reliable, cash-flowing asset in a desirable rental market. Whether you're expanding your portfolio or looking for a stable return, this property checks all the boxes.

1103 W 9th Ave, Spokane
$2,000,000
202622775 MLS
This 15-unit multifamily property is located on Spokane’s desirable South Hill and features a mix of 12 one-bedroom units and 3 two-bedroom units. The 20,732 SF building was built in 1913 and offers 7 off-street parking stalls and on-site laundry. The property is offered at $2,000,000, or $133,333.33 per unit, with gross monthly income of $20,420.42, a reported NOI of $131,155.72, and a 6.56% cap rate.

702 S Bernard St, Spokane
$1,700,000
202622556 MLS
13-unit multifamily investment opportunity featuring 8 one-bedroom/one-bath units and 5 two-bedroom/one-bath units. The property generates $14,989 in monthly rental income and offers an on-site laundry facility, beautifully landscaped grounds, and a convenient location near restaurants, shopping, I-90, and Downtown Spokane. Investment highlights include a $116,128.50 NOI and a 6.83% cap rate, providing an attractive opportunity for investors seeking established rental income in a convenient Spokane location.

1405 W 8th Ave, Spokane
$1,175,000
4 Beds ⋅ 4 Baths ⋅ 202619681 MLS
Combining historic charm, modern updates, and architectural significance, this is a rare opportunity to own one of Spokane's most distinctive residences. Central to the Marycliff-Cliff Park Historic District (nationally recognized), Kirtland Cutter design elements include custom woodwork, gleaming wood floors, crown moldings, and much more. The gourmet kitchen is updated with custom cabinetry, granite countertops, stainless steel appliances, and an island. The upper level features four spacious bedrooms, a luxurious primary suite with an ensuite bath, and walk-in closets. The finished basement provides incredible flexibility with space for a 5th bedroom, multigenerational living, home office, fitness or rec room. With a welcoming covered front porch, fenced backyard, sprinklers, and a detached two-car garage. Located just minutes from Cliff Park, Manito Park, Downtown Spokane, Sacred Heart Medical Center, Deaconess Hospital, shopping, dining, entertainment, and the vibrant South Hill lifestyle.

420 W 14th Ave, Spokane
$2,000,000
202618313 MLS
This South Hill multifamily portfolio offers a unique opportunity to acquire 19 units across three buildings on two parcels in one of Spokane’s most desired neighborhoods. The portfolio features a diverse unit mix of seven 1-bedroom units, ten 2-bedroom units, and two 3-bedroom units. The properties generate strong cash flow with additional income from 13 garages, while tenant amenities include on-site laundry. Many units have been updated, and residents enjoy a highly desirable location within walking distance of neighborhood amenities, parks, restaurants, and shopping, with convenient access to downtown Spokane and I-90. Combining scale, unit diversity, supplemental garage income, and a prime South Hill location, this portfolio presents an exceptional opportunity for investors seeking a well-positioned multifamily asset with both stable returns and future upside potential.

1204 W 8th Ave, Spokane
$1,050,000
202614878 MLS
Historic 6 unit building in the heart of Spokane's South Hill. Investors don't miss this opportunity to purchase a well maintained multi family in the heart of Spokane's South Hill. This buildings convenient local to bus routes, groceries, restaurants, and hospitals - making it an ideal location to attract long term tenants. Looking for cash flow and low capital improvements? Look no further. Currently the property is fully occupied.

928 W 7th Ave, Spokane
$1,250,000
202614536 MLS
Prime Investment Opportunity: Newer 4-Plex in Spokane Presenting an exceptional investment opportunity—this 5 year new, luxury 4-plex is a turnkey property offering immense potential for long-term returns. Each of the four spacious, multi-level units features 3 bedrooms, 2.5 bathrooms with high-end finishes, making it an ideal choice for investors looking to capture both rental demand and appreciation in one of Spokane’s most iconic neighborhoods. With sleek granite countertops, stainless steel appliances, and high-end flooring throughout, these units offer modern, comfortable living spaces. The open floor plans and multi-level design provide a sense of space and privacy, while the efficient use of square footage ensures low maintenance costs and maximized rental income. The property is equipped with all the latest amenities, including Fire suppression system, energy-efficient systems, smart-home technology, and modern fixtures, giving it a competitive edge in the local rental market.

2001 W 7th Ave, Spokane
$1,050,000
202515372 MLS
Welcome to a prime investment opportunity in a highly desirable location, featuring a well-maintained multi-unit property with architectural charm and consistent cash flow. This income-generating asset includes eight one-bedroom units and two spacious three-bedroom units, and seven garages. Tenants enjoy the convenience of on-site laundry facilities, while seven individual garages provide additional revenue potential and added value. Several units have been recently updated, blending modern finishes with the building’s timeless character, making them especially appealing to renters seeking both comfort and charm. Located within walking distance to popular restaurants, shopping destinations, and local parks, this property offers the ideal mix of lifestyle and location. Whether you're a seasoned investor or looking to expand your portfolio with a dependable, high-performing asset, this property stands out as a rare opportunity in a sought-after area.

1818 W 8th Ave, Spokane
$1,200,000
202515275 MLS
Situated in a prime South Hill location near I-90, this 12-unit apartment building offers a strong mix of unit types and consistent rental income. The property includes six one-bedroom units, one two-bedroom unit, and five studio unit. Each unit showcases timeless charm with high ceilings, large windows, and classic hardwood floors. Recent remodels have enhanced the appeal of the interiors, blending historic character with modern updates. Tenants enjoy the convenience of on-site laundry facilities and off-street parking—amenities that further boost occupancy and satisfaction. With a strong rental history, excellent location, and continued upside, this well-maintained property is a standout investment opportunity.

1428 W 10th Ave, Spokane

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.