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
10807 N Navaho Dr Spokane, WA Welcome to this stunning 3 bed, 3 bath home located in the highly sought after Indian Trai...	3 beds \| N/A baths \| 1,840 sq.ft.	$550,000	Airbnb cash on cash: 0.62% Traditional cash on cash: 2.51% Airbnb Rental Income: $1838 Traditional Rental Income: $2313 Airbnb ROI: 0.62% Traditional ROI: 2.51%
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: 3.56% Traditional cash on cash: 1.73% Airbnb Rental Income: $5396 Traditional Rental Income: $2817 Airbnb ROI: 3.56% 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 \| N/A baths \| 1,760 sq.ft.	$499,900	Airbnb cash on cash: 0.85% Traditional cash on cash: 1.48% Airbnb Rental Income: $2369 Traditional Rental Income: $2081 Airbnb ROI: 0.85% Traditional ROI: 1.48%
7411 N Quamish Dr Spokane, WA This one-of-a-kind modern home, designed by an award-winning architect, offers luxury, pri...	4 beds \| N/A baths \| 2,839 sq.ft.	$1,335,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 0.21% Airbnb Rental Income: $4112 Traditional Rental Income: $2612 Airbnb ROI: 0.71% Traditional ROI: 0.21%
1711 W 7th Ave Spokane, WA Welcome to this charming 2-bedroom, 1-bath condo located in the heart of Spokaneâs desir...	2 beds \| N/A baths \| 836 sq.ft.	$175,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 4.62% Airbnb Rental Income: $2257 Traditional Rental Income: $1518 Airbnb ROI: 5.66% Traditional ROI: 4.62%
2324 E Sanson Ave Spokane, WA This well-maintained single-level residence offers a thoughtful blend of modern updates an...	2 beds \| N/A baths \| 885 sq.ft.	$249,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.64% Airbnb Rental Income: $1588 Traditional Rental Income: $1413 Airbnb ROI: 2.46% Traditional ROI: 3.64%
4408 E 40th Ave Spokane, WA Gorgeous 2 story home with swimming pool situated on a quiet cul-de-sac in a peaceful neig...	4 beds \| N/A baths \| 3,382 sq.ft.	$729,500	Airbnb cash on cash: 3.45% Traditional cash on cash: 1.12% Airbnb Rental Income: $4764 Traditional Rental Income: $2197 Airbnb ROI: 3.45% Traditional ROI: 1.12%
8643 N James Dr Spokane, WA Welcome to this beautifully maintained & charming 3 bedroom, 3 bathroom two-story retreat,...	3 beds \| N/A baths \| 2,675 sq.ft.	$499,000	Airbnb cash on cash: 0.8% Traditional cash on cash: 3.19% Airbnb Rental Income: $1838 Traditional Rental Income: $2456 Airbnb ROI: 0.8% Traditional ROI: 3.19%
5934 N Buffalo St Spokane, WA Pended before listed.	4 beds \| N/A baths \| 2,162 sq.ft.	$440,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 4.03% Airbnb Rental Income: $3817 Traditional Rental Income: $2481 Airbnb ROI: 5.27% 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 \| N/A baths \| 3,369 sq.ft.	$849,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.82% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 1.82%
1823 S Maple Blvd Spokane, WA On iconic Maple Blvdâwhere tree-lined streets and historic charm meet the rhythm of Sout...	5 beds \| N/A baths \| 3,647 sq.ft.	$749,900	Airbnb cash on cash: 4.75% Traditional cash on cash: 2.19% Airbnb Rental Income: $5836 Traditional Rental Income: $2885 Airbnb ROI: 4.75% Traditional ROI: 2.19%
8712 E Ridgeline Ln Spokane, WA The Cyprus is a stunning daylight rancher designed to take full advantage of the sweeping ...	4 beds \| N/A baths \| 3,716 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.67% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 1.67%
917 E Indiana Ave Spokane, WA Fully Rented 4-Plex with Cap Rate Over 8%! Turnkey investment opportunityânow fully stab...	N/A beds \| N/A baths \| 3,686 sq.ft.	$800,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 0.25% Airbnb Rental Income: $2923 Traditional Rental Income: $1555 Airbnb ROI: 1.18% Traditional ROI: 0.25%
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 \| N/A baths \| 2,202 sq.ft.	$510,000	Airbnb cash on cash: 6.85% Traditional cash on cash: 3.47% Airbnb Rental Income: $5222 Traditional Rental Income: $2555 Airbnb ROI: 6.85% Traditional ROI: 3.47%
2311 W 16th Ave Spokane, WA Welcome to this charming 3-bed, 2-bath home in the highly sought-after Cascade 55+ gated c...	3 beds \| N/A baths \| 1,568 sq.ft.	$130,000	Airbnb cash on cash: 8.6% Traditional cash on cash: 8.34% Airbnb Rental Income: $2732 Traditional Rental Income: $2055 Airbnb ROI: 8.6% Traditional ROI: 8.34%
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 \| N/A baths \| 672 sq.ft.	$250,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 4.1% Airbnb Rental Income: $1924 Traditional Rental Income: $1465 Airbnb ROI: 3.89% Traditional ROI: 4.1%
324 E Everett Ave Spokane, WA Great investment opportunity! This adorable and updated 3 bedroom, 1 bath bungalow is loca...	3 beds \| N/A baths \| 1,074 sq.ft.	$289,895	Airbnb cash on cash: 4.35% Traditional cash on cash: 5.72% Airbnb Rental Income: $2315 Traditional Rental Income: $2115 Airbnb ROI: 4.35% Traditional ROI: 5.72%
3111 E 32nd Ave Spokane, WA Spacious South Hill Craftsman with 2,900 sq ft, 5 bedrooms, and 3 full bathrooms. Brand-ne...	5 beds \| 3 baths \| 2,900 sq.ft.	$495,000	Airbnb cash on cash: 3.4% Traditional cash on cash: 5.04% Airbnb Rental Income: $3046 Traditional Rental Income: $3106 Airbnb ROI: 3.4% Traditional ROI: 5.04%
820 N Post St Spokane, WA Enjoy the views and entertainment from this luxurious condo located within walking distanc...	3 beds \| N/A baths \| N/A	$1,699,900	Airbnb cash on cash: -0.67% Traditional cash on cash: -0.4% Airbnb Rental Income: $2390 Traditional Rental Income: $2228 Airbnb ROI: -0.67% Traditional ROI: -0.4%
1121 W Knox Ave Spokane, WA Welcome to this beautifully updated 3BD/1BA home that blends vintage charm with modern con...	3 beds \| N/A baths \| 1,470 sq.ft.	$349,898	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.49% Airbnb Rental Income: $2082 Traditional Rental Income: $2171 Airbnb ROI: 2.58% Traditional ROI: 4.49%
715 W Basalt Ridge Dr Spokane, WA Morse Western has once again created something special in Eagle Ridgeâthis is a home bui...	3 beds \| N/A baths \| 2,314 sq.ft.	$675,000	Airbnb cash on cash: 2.62% Traditional cash on cash: 2.57% Airbnb Rental Income: $3237 Traditional Rental Income: $2479 Airbnb ROI: 2.62% Traditional ROI: 2.57%
2510 S Thierman Ln Spokane, WA Discover a timeless masterpiece crafted by Paras Homes at the top of gated Broadmoor Estat...	4 beds \| N/A baths \| 5,356 sq.ft.	$2,295,000	Airbnb cash on cash: -0.88% Traditional cash on cash: -0.53% Airbnb Rental Income: $2408 Traditional Rental Income: $2554 Airbnb ROI: -0.88% Traditional ROI: -0.53%
10501 E 8TH Ave Spokane, WA Charming 4-bed, 1-bath Spokane Valley home with 1,500+ sq. ft. of warmth and natural light...	4 beds \| N/A baths \| 1,500 sq.ft.	$340,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $1964 Airbnb ROI: N/A Traditional ROI: 3.88%
1116 E Plateau Rd Spokane, WA Welcome to a truly remarkable home located in Spokane's premier Hutton School neighborhood...	4 beds \| N/A baths \| 3,121 sq.ft.	$955,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 1.47% Airbnb Rental Income: $1933 Traditional Rental Income: $3047 Airbnb ROI: -0.36% Traditional ROI: 1.47%
3223 S Custer Ln Spokane, WA Welcome to South Ridge! NEW CONSTRUCTION! Wait until you see this floor plan! This is ou...	5 beds \| N/A baths \| 3,368 sq.ft.	$649,990	Airbnb cash on cash: 4.2% Traditional cash on cash: 2.1% Airbnb Rental Income: $4833 Traditional Rental Income: $2565 Airbnb ROI: 4.2% Traditional ROI: 2.1%
214 W 6th Ave Spokane, WA Welcome to your dream home! This contemporary, unique first-floor corner unit condo featur...	2 beds \| N/A baths \| N/A	$299,000	Airbnb cash on cash: 3.14% Traditional cash on cash: 3.46% Airbnb Rental Income: $2507 Traditional Rental Income: $1991 Airbnb ROI: 3.14% Traditional ROI: 3.46%
1823 W Northridge #15 Ct Spokane, WA Great Highlands Condo w/Sweeping Views!! This 2 Bedroom/1 Bathroom Condo is Updated & Move...	2 beds \| N/A baths \| 853 sq.ft.	$199,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 2.84% Airbnb Rental Income: $2437 Traditional Rental Income: $1739 Airbnb ROI: 3.39% Traditional ROI: 2.84%
802 W Bolan Ave Spokane, WA Overlook Place at Qualchan BRAND NEW CONSTRUCTION with stunning views and modern style. Ma...	4 beds \| N/A baths \| 2,764 sq.ft.	$515,000	Airbnb cash on cash: 3.69% Traditional cash on cash: 2.49% Airbnb Rental Income: $4025 Traditional Rental Income: $2588 Airbnb ROI: 3.69% Traditional ROI: 2.49%
7878 N Wilding Dr Spokane, WA Step into home ownership with low maintenance, easy living! This stylish 2-bd, 1.5ba town...	2 beds \| N/A baths \| 1,080 sq.ft.	$255,000	Airbnb cash on cash: 3.49% Traditional cash on cash: 5.73% Airbnb Rental Income: $1899 Traditional Rental Income: $1933 Airbnb ROI: 3.49% Traditional ROI: 5.73%
639 N Riverpoint Blvd Spokane, WA Welcome home to this beautiful, custom condo, overlooking the Spokane River and walking br...	2 beds \| N/A baths \| 1,672 sq.ft.	$450,000	Airbnb cash on cash: -3.1% Traditional cash on cash: 0.09% Airbnb Rental Income: $1427 Traditional Rental Income: $2342 Airbnb ROI: -3.1% Traditional ROI: 0.09%
5303 N Argonne Ln Spokane, WA Welcome to this pristine Mountain View Estates condoâwhere luxury meets convenience! Enj...	2 beds \| N/A baths \| 1,065 sq.ft.	$305,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 3.95% Airbnb Rental Income: $1968 Traditional Rental Income: $2149 Airbnb ROI: 1.52% Traditional ROI: 3.95%
806 W Bolan Ave Spokane, WA BRAND NEW CONSTRUCTION Overlook Place at Qualchan with stunning views and modern style...	4 beds \| N/A baths \| 2,764 sq.ft.	$549,900	Airbnb cash on cash: 3.39% Traditional cash on cash: 2.27% Airbnb Rental Income: $4025 Traditional Rental Income: $2588 Airbnb ROI: 3.39% Traditional ROI: 2.27%
2102 E 30th Ave Spokane, WA Discover the perfect blend of space, comfort, and convenience in this beautifully maintain...	2 beds \| N/A baths \| 1,442 sq.ft.	$319,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 2.93% Airbnb Rental Income: $2142 Traditional Rental Income: $1960 Airbnb ROI: 1.72% Traditional ROI: 2.93%
1306 E Blackwood Ln Spokane, WA Spectacular Latah Valley view from this pristine Blackwood two story on oversized .40 acre...	4 beds \| N/A baths \| 4,246 sq.ft.	$799,950	Airbnb cash on cash: 2.13% Traditional cash on cash: 1.43% Airbnb Rental Income: $4025 Traditional Rental Income: $2644 Airbnb ROI: 2.13% Traditional ROI: 1.43%
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 \| N/A baths \| 1,918 sq.ft.	$485,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 2.9% Airbnb Rental Income: $3237 Traditional Rental Income: $2171 Airbnb ROI: 3.64% Traditional ROI: 2.9%
6017 N Driscoll Blvd Spokane, WA Recently reduced to $359,900, this beautifully updated 3-bedroom, 1-bathroom home is nestl...	4 beds \| N/A baths \| 2,050 sq.ft.	$359,899	Airbnb cash on cash: 7.84% Traditional cash on cash: 3.68% Airbnb Rental Income: $4249 Traditional Rental Income: $1947 Airbnb ROI: 7.84% Traditional ROI: 3.68%
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: 0.56% Traditional cash on cash: 0.16% Airbnb Rental Income: $2967 Traditional Rental Income: $1924 Airbnb ROI: 0.56% Traditional ROI: 0.16%
1211 W Bismark Ave Spokane, WA Donât miss this opportunity to own a charming North Hill rancher at a reduced price! Pre...	1 beds \| N/A baths \| N/A	$224,896	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.95% Airbnb Rental Income: $1434 Traditional Rental Income: $1328 Airbnb ROI: 2.44% Traditional ROI: 3.95%
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.	$689,886	Airbnb cash on cash: -0.32% Traditional cash on cash: 0.99% Airbnb Rental Income: $1289 Traditional Rental Income: $1729 Airbnb ROI: -0.32% Traditional ROI: 0.99%
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: -0.85% Traditional cash on cash: -0.52% Airbnb Rental Income: $1771 Traditional Rental Income: $1823 Airbnb ROI: -0.85% 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 $464,990 and the average price per square foot is $189. In September 2025, the average monthly cash on cash return in Spokane is 3.00%. The average monthly rental income in Spokane is $2,237.

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 West Central.

The ROI for Short-Term is higher than the Long-Term in Spokane with average rental income of $2,906.

Your search for investment property begins and ends here

Investment Property for Sale in Spokane, WA

10807 N Navaho Dr

Spokane, WA

3 beds | N/A baths | 1,840 sq.ft.

$550,000

Airbnb cash on cash: 0.62%

Traditional cash on cash: 2.51%

Airbnb Rental Income: $1838

Traditional Rental Income: $2313

Airbnb ROI: 0.62%

Traditional ROI: 2.51%

12720 N Vistawood Ct

Spokane, WA

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

$875,000

Airbnb cash on cash: 3.56%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $5396

Traditional Rental Income: $2817

Airbnb ROI: 3.56%

Traditional ROI: 1.73%

423 W 1st Ave

Spokane, WA

2 beds | N/A baths | 1,760 sq.ft.

$499,900

Airbnb cash on cash: 0.85%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $2369

Traditional Rental Income: $2081

Airbnb ROI: 0.85%

Traditional ROI: 1.48%

7411 N Quamish Dr

Spokane, WA

4 beds | N/A baths | 2,839 sq.ft.

$1,335,000

Airbnb cash on cash: 0.71%

Traditional cash on cash: 0.21%

Airbnb Rental Income: $4112

Traditional Rental Income: $2612

Airbnb ROI: 0.71%

Traditional ROI: 0.21%

1711 W 7th Ave

Spokane, WA

2 beds | N/A baths | 836 sq.ft.

$175,000

Airbnb cash on cash: 5.66%

Traditional cash on cash: 4.62%

Airbnb Rental Income: $2257

Traditional Rental Income: $1518

Airbnb ROI: 5.66%

Traditional ROI: 4.62%

2324 E Sanson Ave

Spokane, WA

2 beds | N/A baths | 885 sq.ft.

$249,900

Airbnb cash on cash: 2.46%

Traditional cash on cash: 3.64%

Airbnb Rental Income: $1588

Traditional Rental Income: $1413

Airbnb ROI: 2.46%

Traditional ROI: 3.64%

4408 E 40th Ave

Spokane, WA

4 beds | N/A baths | 3,382 sq.ft.

$729,500

Airbnb cash on cash: 3.45%

Traditional cash on cash: 1.12%

Airbnb Rental Income: $4764

Traditional Rental Income: $2197

Airbnb ROI: 3.45%

Traditional ROI: 1.12%

8643 N James Dr

Spokane, WA

3 beds | N/A baths | 2,675 sq.ft.

$499,000

Airbnb cash on cash: 0.8%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $1838

Traditional Rental Income: $2456

Airbnb ROI: 0.8%