Real Estate Investment Properties for Sale in Spokane, WA

Looking for investment property in Spokane, WA with high ROI ?

Explore a variety of short-term homes & houses in Spokane, WA. Invest wisely with VRBO & Spokane, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Spokane, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
700 W 7th Ave Spokane, WA Experience the best of city living in this beautifully reimagined high-rise condo. Taken d...	1 beds \| 2 baths \| 1,335 sq.ft.	$575,000	Airbnb cash on cash: -2.08% Traditional cash on cash: 0.72% Airbnb Rental Income: $781 Traditional Rental Income: $1965 Airbnb ROI: -2.08% Traditional ROI: 0.72%
6520 N Calispel St Spokane, WA Beautifully Updated North Spokane Home with Shop and Spacious Yard! Pride of ownership sho...	4 beds \| 2 baths \| 1,780 sq.ft.	$349,500	Airbnb cash on cash: 1.73% Traditional cash on cash: 5.7% Airbnb Rental Income: $1758 Traditional Rental Income: $2577 Airbnb ROI: 1.73% Traditional ROI: 5.7%
12720 N Vistawood Ct Spokane, WA This one of a kind Kirkland Cutter home is a Historic Spokane Landmark recorded in the Spo...	5 beds \| 2 baths \| 3,036 sq.ft.	$875,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 1.73% Airbnb Rental Income: $1666 Traditional Rental Income: $2817 Airbnb ROI: -0.26% Traditional ROI: 1.73%
423 W 1st Ave Spokane, WA Unique Downtown Condo! Located in the Historic Minnesota Building - this 2+ Bedroom/2 Bath...	2 beds \| 2 baths \| 1,760 sq.ft.	$499,900	Airbnb cash on cash: -1.76% Traditional cash on cash: 1.48% Airbnb Rental Income: $906 Traditional Rental Income: $2081 Airbnb ROI: -1.76% Traditional ROI: 1.48%
930 S COWLEY St Spokane, WA Best View, top floor & Corner Unit in the Rockwood Condominiums. Experience sophisticated ...	2 beds \| 2 baths \| 1,342 sq.ft.	$380,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 1.6% Airbnb Rental Income: $1076 Traditional Rental Income: $2003 Airbnb ROI: -2.03% Traditional ROI: 1.6%
2708 E Sinto Ave Spokane, WA This property is the definition of "POTENTIAL"!! Sitting across the street from Chief Garr...	4 beds \| 2 baths \| 2,000 sq.ft.	$285,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.42% Airbnb Rental Income: $1208 Traditional Rental Income: $1884 Airbnb ROI: 0.45% Traditional ROI: 4.42%
7411 N Quamish Dr Spokane, WA This one-of-a-kind modern home, designed by an award-winning architect, offers luxury, pri...	4 beds \| 4 baths \| 2,839 sq.ft.	$1,249,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 0.29% Airbnb Rental Income: $2326 Traditional Rental Income: $2612 Airbnb ROI: -0.45% Traditional ROI: 0.29%
1403 N Farr Rd Spokane, WA This beautifully updated 3-bed, 2-bath home offers a perfect mix of modern style and comfo...	3 beds \| 2 baths \| 1,460 sq.ft.	$424,999	Airbnb cash on cash: -0.74% Traditional cash on cash: 4.25% Airbnb Rental Income: $928 Traditional Rental Income: $2570 Airbnb ROI: -0.74% Traditional ROI: 4.25%
714 E Edenderry Ct Spokane, WA Phenomenal view property in the exceptional Highland Park neighborhood on a private cul de...	4 beds \| 4 baths \| 7,005 sq.ft.	$1,150,000	Airbnb cash on cash: -1.29% Traditional cash on cash: 1.67% Airbnb Rental Income: $1328 Traditional Rental Income: $4081 Airbnb ROI: -1.29% Traditional ROI: 1.67%
102 E Weile Ave Spokane, WA This refreshed ground-floor condo delivers easy living with a clean, modern feel. New coun...	2 beds \| 1 baths \| 766 sq.ft.	$214,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 4.31% Airbnb Rental Income: $1152 Traditional Rental Income: $1690 Airbnb ROI: -0.22% Traditional ROI: 4.31%
8643 N James Dr Spokane, WA Welcome to this beautifully maintained & charming 3 bedroom, 3 bathroom two-story retreat,...	3 beds \| 3 baths \| 2,675 sq.ft.	$475,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 3.4% Airbnb Rental Income: $1119 Traditional Rental Income: $2456 Airbnb ROI: -0.46% Traditional ROI: 3.4%
5934 N Buffalo St Spokane, WA Pended before listed.	4 beds \| N/A baths \| 2,162 sq.ft.	$440,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.03% Airbnb Rental Income: $2244 Traditional Rental Income: $2481 Airbnb ROI: 2.09% Traditional ROI: 4.03%
8930 E Ridgeline Ln Spokane, WA Looking for a great view? The Alder is a stunning daylight rancher designed to take full a...	4 beds \| 3 baths \| 3,369 sq.ft.	$824,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.91% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 1.91%
1823 S Maple Blvd Spokane, WA On iconic Maple Blvd-where tree-lined streets and historic charm meet the rhythm of South ...	5 beds \| 3 baths \| 3,647 sq.ft.	$647,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 2.7% Airbnb Rental Income: $1625 Traditional Rental Income: $2885 Airbnb ROI: -0.15% Traditional ROI: 2.7%
8712 E Ridgeline Ln Spokane, WA The Cyprus is a stunning daylight rancher designed to take full advantage of the sweeping ...	4 beds \| 3 baths \| 3,716 sq.ft.	$874,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 1.74%
5028 N Washington St Spokane, WA This charming one-level home features an open-concept design for easy living. The generous...	3 beds \| 1 baths \| 1,500 sq.ft.	$199,900	Airbnb cash on cash: 2.23% Traditional cash on cash: 7.34% Airbnb Rental Income: $1395 Traditional Rental Income: $1942 Airbnb ROI: 2.23% Traditional ROI: 7.34%
1105 S Oswald St Spokane, WA Welcome to your new home! This 5 bedroom, 3 bath home features an inviting open concept la...	5 beds \| 3 baths \| 2,202 sq.ft.	$499,999	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $2555 Airbnb ROI: N/A Traditional ROI: 3.56%
6903 E 42nd Ave Spokane, WA New price!! This stunningly renovated home on 3 treed acres, minutes from Spokane's South ...	4 beds \| 4 baths \| 3,920 sq.ft.	$1,099,999	Airbnb cash on cash: N/A Traditional cash on cash: 2.39% Airbnb Rental Income: $null Traditional Rental Income: $4097 Airbnb ROI: N/A Traditional ROI: 2.39%
6618 S Echo Ridge St Spokane, WA Welcome to Eagle Ridge living! This spacious 2-story is made for gatherings, from summer B...	4 beds \| 4 baths \| 2,600 sq.ft.	$489,400	Airbnb cash on cash: 0.14% Traditional cash on cash: 6.33% Airbnb Rental Income: $1328 Traditional Rental Income: $3752 Airbnb ROI: 0.14% Traditional ROI: 6.33%
3005 N Carnahan St Spokane, WA Plenty of room for the whole family with a spacious layout and a yard where kids can run f...	4 beds \| 3 baths \| 2,296 sq.ft.	$420,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.93% Airbnb Rental Income: $1148 Traditional Rental Income: $2816 Airbnb ROI: -0.27% Traditional ROI: 4.93%
5522 N Cannon St Spokane, WA Tucked in the heart of Shadle, this charming 2 bed, 1 bath bungalow offers 672 sq ft of co...	2 beds \| 1 baths \| 672 sq.ft.	$195,000	Airbnb cash on cash: 2.35% Traditional cash on cash: 5.51% Airbnb Rental Income: $1284 Traditional Rental Income: $1465 Airbnb ROI: 2.35% Traditional ROI: 5.51%
324 E Everett Ave Spokane, WA Great investment opportunity! This adorable and updated 3 bedroom, 1 bath bungalow is loca...	3 beds \| 1 baths \| 1,074 sq.ft.	$289,891	Airbnb cash on cash: 1.54% Traditional cash on cash: 5.72% Airbnb Rental Income: $1395 Traditional Rental Income: $2115 Airbnb ROI: 1.54% Traditional ROI: 5.72%
1121 W Knox Ave Spokane, WA Welcome to this beautifully updated 3BD/1BA home that blends vintage charm with modern con...	3 beds \| 1 baths \| 1,470 sq.ft.	$344,898	Airbnb cash on cash: 1.48% Traditional cash on cash: 4.56% Airbnb Rental Income: $1632 Traditional Rental Income: $2171 Airbnb ROI: 1.48% Traditional ROI: 4.56%
2510 S Thierman Ln Spokane, WA Perched at the top of gated Broadmoor Estates, this stunning Paras built home is a timeles...	4 beds \| 5 baths \| 5,356 sq.ft.	$1,975,000	Airbnb cash on cash: -1.34% Traditional cash on cash: -0.52% Airbnb Rental Income: $1493 Traditional Rental Income: $2554 Airbnb ROI: -1.34% Traditional ROI: -0.52%
9010 N Five Mile Rd Spokane, WA Remodeled 1912 farmhouse on 4.94 acres in popular Five Mile Prairie. This home has been lo...	4 beds \| 2 baths \| 2,888 sq.ft.	$550,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 2.54% Airbnb Rental Income: $2326 Traditional Rental Income: $2395 Airbnb ROI: 1.28% Traditional ROI: 2.54%
1506 W Mission Ave Spokane, WA Seller financing available, and a STEAL of a deal! Own a piece of Spokane's history in the...	5 beds \| 4 baths \| 4,512 sq.ft.	$600,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 2.43% Airbnb Rental Income: $947 Traditional Rental Income: $2455 Airbnb ROI: -0.88% Traditional ROI: 2.43%
214 W 6th Ave Spokane, WA Low-maintenance living in a convenient Spokane location! This ground-level corner condo on...	2 beds \| 2 baths \| 1,056 sq.ft.	$250,000	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.32% Airbnb Rental Income: $1076 Traditional Rental Income: $1991 Airbnb ROI: -1.12% Traditional ROI: 4.32%
1823 W Northridge #15 Ct Spokane, WA Great Condo w/Sweeping Views!! This 2 Bedroom/1 Bathroom Condo is Updated & Move-in Ready ...	N/A beds \| N/A baths \| 853 sq.ft.	$199,900	Airbnb cash on cash: -3.09% Traditional cash on cash: 3.08% Airbnb Rental Income: $909 Traditional Rental Income: $1739 Airbnb ROI: -3.09% Traditional ROI: 3.08%
2102 E 30th Ave Spokane, WA Discover the perfect blend of space, comfort, and convenience in this beautifully maintain...	2 beds \| 3 baths \| 1,442 sq.ft.	$319,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 2.93% Airbnb Rental Income: $1607 Traditional Rental Income: $1960 Airbnb ROI: 0.23% Traditional ROI: 2.93%
3011 E Queen Ave Spokane, WA Located in Spokane's up-and-coming Hillyard neighborhood, the Queen Apartments offer an af...	N/A beds \| N/A baths \| 4,656 sq.ft.	$450,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 1.72% Airbnb Rental Income: $1547 Traditional Rental Income: $1592 Airbnb ROI: 0.55% Traditional ROI: 1.72%
2514 E Casper Dr Spokane, WA Latah Creelk golf course community condo. 1440sqft 2 story unit with 2bedrooms 1bathroom l...	2 beds \| 1 baths \| 1,440 sq.ft.	$299,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 3.32% Airbnb Rental Income: $1167 Traditional Rental Income: $1745 Airbnb ROI: -0.09% Traditional ROI: 3.32%
904 E 40th Ave Spokane, WA Mechanics dream, shop could house a pickle ball court. Home nestled on a corner lot in a p...	3 beds \| 2 baths \| 1,918 sq.ft.	$475,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 2.98% Airbnb Rental Income: $1701 Traditional Rental Income: $2171 Airbnb ROI: 0.86% Traditional ROI: 2.98%
2905 S Custer Ln Spokane, WA Move-in ready, 2020 South Hill rancher with full basement now available! Features finished...	5 beds \| 3 baths \| 3,009 sq.ft.	$590,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.24% Airbnb Rental Income: $1721 Traditional Rental Income: $2572 Airbnb ROI: -0.16% Traditional ROI: 2.24%
3002 N Crestline St Spokane, WA This contemporary 4-plex is a turnkey investment opportunity with reliable rental income a...	N/A beds \| N/A baths \| 3,370 sq.ft.	$950,000	Airbnb cash on cash: -1.08% Traditional cash on cash: 0.16% Airbnb Rental Income: $1220 Traditional Rental Income: $1924 Airbnb ROI: -1.08% Traditional ROI: 0.16%
1211 W Bismark Ave Spokane, WA Don't miss this opportunity to own a charming North Hill rancher at a reduced price! Previ...	1 beds \| 1 baths \| N/A	$219,895	Airbnb cash on cash: -1.98% Traditional cash on cash: 4.06% Airbnb Rental Income: $311 Traditional Rental Income: $1328 Airbnb ROI: -1.98% Traditional ROI: 4.06%
2214 W Northwest Blvd Spokane, WA This income-producing 6-plex presents an enticing opportunity for investors seeking a stab...	N/A beds \| N/A baths \| 2,832 sq.ft.	$689,885	Airbnb cash on cash: -0.86% Traditional cash on cash: 0.99% Airbnb Rental Income: $876 Traditional Rental Income: $1729 Airbnb ROI: -0.86% Traditional ROI: 0.99%
3914 S Regal St Spokane, WA Welcome to this beautifully remodeled 2 bedroom, 1 bath South Hill condo - updated top to ...	2 beds \| 1 baths \| 803 sq.ft.	$240,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 2.29% Airbnb Rental Income: $1167 Traditional Rental Income: $1400 Airbnb ROI: -0.43% Traditional ROI: 2.29%
9024 N Country Homes Blvd Spokane, WA This is the one you've been waiting for! A charming second-floor condo with a private balc...	2 beds \| 2 baths \| 1,024 sq.ft.	$275,000	Airbnb cash on cash: 1.23% Traditional cash on cash: 4.95% Airbnb Rental Income: $1394 Traditional Rental Income: $1938 Airbnb ROI: 1.23% Traditional ROI: 4.95%
2704 N Crestline St Spokane, WA HUD Home. Don't miss this 2bd/1bth home on a large corner lot. This home has a lot to offe...	2 beds \| 1 baths \| 821 sq.ft.	$174,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 7.34% Airbnb Rental Income: $1162 Traditional Rental Income: $1728 Airbnb ROI: 1.62% Traditional ROI: 7.34%
6511 N Atlantic St Spokane, WA Incredible opportunity to acquire this 10-unit apartment located across the retail plaza o...	N/A beds \| N/A baths \| 7,950 sq.ft.	$1,790,000	Airbnb cash on cash: -1.11% Traditional cash on cash: -0.52% Airbnb Rental Income: $1239 Traditional Rental Income: $1823 Airbnb ROI: -1.11% Traditional ROI: -0.52%

Real Estate investment in Spokane, WA

There are 580 properties for sale in the city of Spokane . The median list price in Spokane is $425,000 and the average price per square foot is $175. In December 2025, the average monthly cash on cash return in Spokane is 4.00%. The average monthly rental income in Spokane is $2,393.

Spokane, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 580 investment properties available for sale in Spokane.

In 2025, the best neighborhood to buy investment property is Latah Valley.

The ROI for Short-Term is higher than the Long-Term in Spokane with average rental income of $1,395.

Your search for investment property begins and ends here

Investment Property for Sale in Spokane, WA

700 W 7th Ave

Spokane, WA

1 beds | 2 baths | 1,335 sq.ft.

$575,000

Airbnb cash on cash: -2.08%

Traditional cash on cash: 0.72%

Airbnb Rental Income: $781

Traditional Rental Income: $1965

Airbnb ROI: -2.08%

Traditional ROI: 0.72%

6520 N Calispel St

Spokane, WA

4 beds | 2 baths | 1,780 sq.ft.

$349,500

Airbnb cash on cash: 1.73%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $1758

Traditional Rental Income: $2577

Airbnb ROI: 1.73%

Traditional ROI: 5.7%

12720 N Vistawood Ct

Spokane, WA

5 beds | 2 baths | 3,036 sq.ft.

$875,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $1666

Traditional Rental Income: $2817

Airbnb ROI: -0.26%

Traditional ROI: 1.73%

423 W 1st Ave

Spokane, WA

2 beds | 2 baths | 1,760 sq.ft.

$499,900

Airbnb cash on cash: -1.76%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $906

Traditional Rental Income: $2081

Airbnb ROI: -1.76%

Traditional ROI: 1.48%

930 S COWLEY St

Spokane, WA

2 beds | 2 baths | 1,342 sq.ft.

$380,000

Airbnb cash on cash: -2.03%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1076

Traditional Rental Income: $2003

Airbnb ROI: -2.03%

Traditional ROI: 1.6%

2708 E Sinto Ave

Spokane, WA

4 beds | 2 baths | 2,000 sq.ft.

$285,000

Airbnb cash on cash: 0.45%

Traditional cash on cash: 4.42%

Airbnb Rental Income: $1208

Traditional Rental Income: $1884

Airbnb ROI: 0.45%

Traditional ROI: 4.42%

7411 N Quamish Dr

Spokane, WA

4 beds | 4 baths | 2,839 sq.ft.

$1,249,000

Airbnb cash on cash: -0.45%

Traditional cash on cash: 0.29%

Airbnb Rental Income: $2326

Traditional Rental Income: $2612

Airbnb ROI: -0.45%

Traditional ROI: 0.29%

1403 N Farr Rd

Spokane, WA

3 beds | 2 baths | 1,460 sq.ft.

$424,999

Airbnb cash on cash: -0.74%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $928

Traditional Rental Income: $2570

Airbnb ROI: -0.74%