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
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.	$329,500	Airbnb cash on cash: 1.9% Traditional cash on cash: 6.1% Airbnb Rental Income: $1758 Traditional Rental Income: $2577 Airbnb ROI: 1.9% Traditional ROI: 6.1%
2214 E Rockwell Ave Spokane, WA Charming and well-maintained 2-bedroom, 1-bath home offering comfortable living and move-i...	2 beds \| 1 baths \| 768 sq.ft.	$225,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 6% Airbnb Rental Income: $1162 Traditional Rental Income: $1677 Airbnb ROI: 1.78% Traditional ROI: 6%
1118 E 28th Ave Spokane, WA Charming South Hill Bungalow - Updated & Well Loved. Step inside this vintage South Hill b...	3 beds \| 2 baths \| 2,180 sq.ft.	$479,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.36% Airbnb Rental Income: $1601 Traditional Rental Income: $2860 Airbnb ROI: 0.53% Traditional ROI: 4.36%
7411 N Quamish Dr Spokane, WA Designed by an award-winning architect, this modern home offers a rare blend of privacy, e...	4 beds \| N/A 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%
714 E Edenderry Ct Spokane, WA Phenomenal view property in the exceptional Highland Park neighborhood on a private cul de...	4 beds \| 3 baths \| 7,000 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 updated ground floor condo is designed for simple living with a fresh, contemporary v...	2 beds \| 1 baths \| N/A	$195,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 4.81% Airbnb Rental Income: $1152 Traditional Rental Income: $1690 Airbnb ROI: -0.15% Traditional ROI: 4.81%
5934 N Buffalo St Spokane, WA Pended before listed.	4 beds \| 2 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, main floor living and quality construction at a great price? Don...	4 beds \| N/A baths \| 3,369 sq.ft.	$784,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.06% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 2.06%
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.	$834,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $2482 Airbnb ROI: N/A Traditional ROI: 1.88%
5028 N Washington St Spokane, WA Fantastic news! Cute house has just undergone a significant price improvement, making this...	3 beds \| 1 baths \| 1,500 sq.ft.	$189,900	Airbnb cash on cash: 2.4% Traditional cash on cash: 7.77% Airbnb Rental Income: $1395 Traditional Rental Income: $1942 Airbnb ROI: 2.4% Traditional ROI: 7.77%
4129 E 32nd Ave Spokane, WA Welcome to this spacious 5-bedroom, 2-bathroom home nestled on a peaceful dead-end street ...	5 beds \| 2 baths \| 1,852 sq.ft.	$395,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 5.08% Airbnb Rental Income: $1721 Traditional Rental Income: $2599 Airbnb ROI: 1.42% Traditional ROI: 5.08%
11907 N Jared Ln Spokane, WA Just 30+ minutes from downtown Spokane, this 3-bed, 2-bath manufactured home offers an eff...	3 beds \| N/A baths \| 924 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2054 Airbnb ROI: N/A Traditional ROI: 6.28%
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.	$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 Views and Privacy!! This stunningly completely renovated home on 3 treed acres, minutes fr...	4 beds \| N/A baths \| 3,920 sq.ft.	$1,075,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $4097 Airbnb ROI: N/A Traditional ROI: 2.51%
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 \| N/A 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.	$400,000	Airbnb cash on cash: -0.24% Traditional cash on cash: 5.23% Airbnb Rental Income: $1148 Traditional Rental Income: $2816 Airbnb ROI: -0.24% Traditional ROI: 5.23%
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.	$245,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 4.21% Airbnb Rental Income: $1284 Traditional Rental Income: $1465 Airbnb ROI: 1.68% Traditional ROI: 4.21%
1105 W Dalke Ave Spokane, WA Welcome to 1105 W Dalke-an affordable 3-bedroom, 1-bath home designed for easy living. Enj...	3 beds \| N/A baths \| 1,684 sq.ft.	$250,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 6.14% Airbnb Rental Income: $1395 Traditional Rental Income: $1985 Airbnb ROI: 1.85% Traditional ROI: 6.14%
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.	$289,891	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 \| N/A baths \| 1,470 sq.ft.	$324,898	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.9% Airbnb Rental Income: $1632 Traditional Rental Income: $2171 Airbnb ROI: 1.63% Traditional ROI: 4.9%
2510 S Thierman Ln Spokane, WA This craftsman masterpiece sits at the highest point of gated Broadmoor Estates, surrounde...	4 beds \| N/A 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%
16610 N Austin Rd Spokane, WA A once-in-a-generation opportunity awaits with this secluded 36-acre wooded estate, availa...	3 beds \| 2 baths \| 2,243 sq.ft.	$800,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.03% Airbnb Rental Income: $1119 Traditional Rental Income: $2215 Airbnb ROI: -0.94% Traditional ROI: 1.03%
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%
3223 S Custer Ln Spokane, WA Welcome to South Ridge! NEW CONSTRUCTION! Wait until you see this floor plan! This is our ...	5 beds \| N/A baths \| 3,368 sq.ft.	$625,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.27% Airbnb Rental Income: $1062 Traditional Rental Income: $2565 Airbnb ROI: -0.94% Traditional ROI: 2.27%
214 W 6th Ave Apt 106 Spokane, WA Location! Location! Location! Seller Financing Available! Welcome Home to this Fully Updat...	2 beds \| N/A baths \| 1,028 sq.ft.	$319,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 3.19% Airbnb Rental Income: $1076 Traditional Rental Income: $1991 Airbnb ROI: -1.09% Traditional ROI: 3.19%
704 W 6th Ave #301 Spokane, WA Elevated Downtown Spokane Condo with Modern Comfort.This historic Franklin Hall Condo is m...	1 beds \| N/A baths \| 534 sq.ft.	$165,000	Airbnb cash on cash: -2.61% Traditional cash on cash: 3.42% Airbnb Rental Income: $781 Traditional Rental Income: $1411 Airbnb ROI: -2.61% Traditional ROI: 3.42%
1823 W Northridge Ct #15 Spokane, WA Great Condo w/Sweeping Views!! This 2 Bedroom/1 Bathroom Condo is Updated & Move-in Ready ...	2 beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 3.08% Airbnb Rental Income: $1394 Traditional Rental Income: $1739 Airbnb ROI: -0.96% Traditional ROI: 3.08%
802 W Bolan Ave Spokane, WA Wake up to panoramic views and refined new construction in Qualchan's Overlook Place. This...	4 beds \| 3 baths \| 2,764 sq.ft.	$545,000	Airbnb cash on cash: -0.99% Traditional cash on cash: 2.28% Airbnb Rental Income: $1328 Traditional Rental Income: $2588 Airbnb ROI: -0.99% Traditional ROI: 2.28%
4811 N Lincoln St Spokane, WA Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 1,163 sq.ft.	$299,900	Airbnb cash on cash: 3.49% Traditional cash on cash: 4.74% Airbnb Rental Income: $2244 Traditional Rental Income: $2033 Airbnb ROI: 3.49% Traditional ROI: 4.74%
7878 N Wilding Dr #18 Spokane, WA Easy living in the popular Cedar View Estates. This well kept townhome features an open fl...	2 beds \| N/A baths \| 994 sq.ft.	$240,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 6.14% Airbnb Rental Income: $1152 Traditional Rental Income: $1933 Airbnb ROI: 1.02% Traditional ROI: 6.14%
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%
2905 S Custer Ln Spokane, WA Move-in ready, 2020 South Hill rancher with full basement now available! Features finished...	5 beds \| N/A baths \| 3,009 sq.ft.	$575,000	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%
1211 W Bismark Ave Spokane, WA Under $200,000! Here's your chance to own an updated North Hill rancher at an even better ...	1 beds \| N/A baths \| N/A	$199,898	Airbnb cash on cash: -2.08% Traditional cash on cash: 4.55% Airbnb Rental Income: $311 Traditional Rental Income: $1328 Airbnb ROI: -2.08% Traditional ROI: 4.55%
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.	$689,884	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 #101 Spokane, WA Here's your chance to be in a prime South Hill location! Beautifully remodeled 2 bedroom, ...	2 beds \| N/A baths \| 803 sq.ft.	$230,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 2.43% Airbnb Rental Income: $1167 Traditional Rental Income: $1400 Airbnb ROI: -0.41% Traditional ROI: 2.43%
9024 N Country Homes Blvd #7 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...	2 beds \| 1 baths \| 750 sq.ft.	$1,790,000	Airbnb cash on cash: -0.84% Traditional cash on cash: -0.52% Airbnb Rental Income: $1786 Traditional Rental Income: $1823 Airbnb ROI: -0.84% Traditional ROI: -0.52%
11625 N Alberta Ln Spokane, WA Elegant residence located near Kalispel Golf & Whitworth University, and just minutes to N...	5 beds \| N/A baths \| 2,920 sq.ft.	$950,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 1.54% Airbnb Rental Income: $1666 Traditional Rental Income: $2959 Airbnb ROI: -0.45% Traditional ROI: 1.54%

Real Estate investment in Spokane, WA

There are 534 properties for sale in the city of Spokane . The median list price in Spokane is $415,000 and the average price per square foot is $177. In February 2026, the average monthly cash on cash return in Spokane is 4.00%. The average monthly rental income in Spokane is $2,335.

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

There are 534 investment properties available for sale in Spokane.

In 2026, the best neighborhood to buy investment property is Brownes Addition.

The ROI for Short-Term is higher than the Long-Term in Spokane with average rental income of $1,328.

Your search for investment property begins and ends here

Investment Property for Sale in Spokane, WA

6520 N Calispel St

Spokane, WA

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

$329,500

Airbnb cash on cash: 1.9%

Traditional cash on cash: 6.1%

Airbnb Rental Income: $1758

Traditional Rental Income: $2577

Airbnb ROI: 1.9%

Traditional ROI: 6.1%

2214 E Rockwell Ave

Spokane, WA

2 beds | 1 baths | 768 sq.ft.

$225,000

Airbnb cash on cash: 1.78%

Traditional cash on cash: 6%

Airbnb Rental Income: $1162

Traditional Rental Income: $1677

Airbnb ROI: 1.78%

Traditional ROI: 6%

1118 E 28th Ave

Spokane, WA

3 beds | 2 baths | 2,180 sq.ft.

$479,000

Airbnb cash on cash: 0.53%

Traditional cash on cash: 4.36%

Airbnb Rental Income: $1601

Traditional Rental Income: $2860

Airbnb ROI: 0.53%

Traditional ROI: 4.36%

7411 N Quamish Dr

Spokane, WA

4 beds | N/A 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%

714 E Edenderry Ct

Spokane, WA

4 beds | 3 baths | 7,000 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

2 beds | 1 baths | N/A

$195,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $1152

Traditional Rental Income: $1690

Airbnb ROI: -0.15%

Traditional ROI: 4.81%

5934 N Buffalo St

Spokane, WA

4 beds | 2 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

4 beds | N/A baths | 3,369 sq.ft.

$784,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.06%

Airbnb Rental Income: $null

Traditional Rental Income: $2482

Airbnb ROI: N/A