Real Estate Investment Properties for Sale in Spokane Valley, WA

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

Explore a variety of short-term homes & houses in Spokane Valley, WA. Invest wisely with VRBO & Spokane Valley, 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 Valley, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
14810 E Wellesley Ave Spokane Valley, WA On a corner lot near Trentwood Elementary and East Valley schools, this classic rancher of...	5 beds \| 2 baths \| 2,622 sq.ft.	$330,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 6.18% Airbnb Rental Income: $1558 Traditional Rental Income: $2622 Airbnb ROI: 1.3% Traditional ROI: 6.18%
8209 E Knox Ave Spokane Valley, WA Opportunity Knox with this charming and recently updated 2-bedroom, 1-bathroom gem situate...	2 beds \| 1 baths \| 820 sq.ft.	$289,999	Airbnb cash on cash: 0.11% Traditional cash on cash: 4.35% Airbnb Rental Income: $982 Traditional Rental Income: $1787 Airbnb ROI: 0.11% Traditional ROI: 4.35%
7204 E 4th Ave Spokane Valley, WA You don't want to miss this beautiful newer home at an amazing price! 3 bed, 2 bath ranche...	3 beds \| 2 baths \| 1,419 sq.ft.	$379,500	Airbnb cash on cash: 0.41% Traditional cash on cash: 4.07% Airbnb Rental Income: $1379 Traditional Rental Income: $2265 Airbnb ROI: 0.41% Traditional ROI: 4.07%
11708 E Rivercrest Dr Spokane Valley, WA Tucked near the Spokane River and surrounded by scenic views, this 2016 Craftsman offers e...	3 beds \| 3 baths \| 2,206 sq.ft.	$470,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.43% Airbnb Rental Income: $1379 Traditional Rental Income: $2467 Airbnb ROI: 0% Traditional ROI: 3.43%
7314-7320 E 7th Ave Spokane Valley, WA Investors check this out! 4-units in two separate side-by-side duplex buildings on 1 lot r...	N/A beds \| N/A baths \| 2,984 sq.ft.	$599,894	Airbnb cash on cash: 0.37% Traditional cash on cash: 1.2% Airbnb Rental Income: $1893 Traditional Rental Income: $1854 Airbnb ROI: 0.37% Traditional ROI: 1.2%
524 N Long Rd Spokane Valley, WA Discover a rare Spokane Valley opportunity with built-in income potential! This 2017 custo...	3 beds \| 3 baths \| 2,022 sq.ft.	$574,900	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.48% Airbnb Rental Income: $1379 Traditional Rental Income: $2433 Airbnb ROI: -0.26% Traditional ROI: 2.48%
11722 E Jackson Ln Spokane Valley, WA Enjoy sweeping sunset views from this 4-bed, 3-bath daylight rancher on a quiet cul-de-sac...	4 beds \| 3 baths \| 2,730 sq.ft.	$490,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 2.72% Airbnb Rental Income: $1169 Traditional Rental Income: $2275 Airbnb ROI: -0.53% Traditional ROI: 2.72%
13405 E Sprague Ave Spokane Valley, WA Welcome to this beautifully updated 3 bedroom, 2.5 bathroom townhome in one of Spokane Val...	3 beds \| 3 baths \| 1,213 sq.ft.	$275,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 6.92% Airbnb Rental Income: $1379 Traditional Rental Income: $2348 Airbnb ROI: 1.57% Traditional ROI: 6.92%
16427 E Riverside Ave Spokane Valley, WA Charming and meticulously maintained brick rancher in the highly sought-after Central Vall...	3 beds \| 2 baths \| 1,768 sq.ft.	$399,900	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.25% Airbnb Rental Income: $1379 Traditional Rental Income: $2477 Airbnb ROI: 1.21% Traditional ROI: 5.25%
18717 E RIVERSIDE St Spokane Valley, WA New Construction, You Design! This rancher plan features a covered front porch with an 8' ...	3 beds \| 2 baths \| 1,907 sq.ft.	$464,329	Airbnb cash on cash: 0.02% Traditional cash on cash: 4.08% Airbnb Rental Income: $1379 Traditional Rental Income: $2721 Airbnb ROI: 0.02% Traditional ROI: 4.08%
18724 E RIVERSIDE Street Spokane Valley, WA New Construction, You Design! This two story floor plan features shake accents at garage, ...	3 beds \| 2 baths \| 1,850 sq.ft.	$453,483	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.51% Airbnb Rental Income: $1379 Traditional Rental Income: $2844 Airbnb ROI: 0.07% Traditional ROI: 4.51%
18810 E Riverside St Spokane Valley, WA New Construction! The Cobblestone is an open concept rancher style home with a bonus room....	3 beds \| 2 baths \| 2,368 sq.ft.	$527,451	Airbnb cash on cash: -0.21% Traditional cash on cash: 3.44% Airbnb Rental Income: $1379 Traditional Rental Income: $2763 Airbnb ROI: -0.21% Traditional ROI: 3.44%
11412 E 6 Ave Spokane Valley, WA Here's the home in Spokane Valley you've been waiting for! This beautiful home features mo...	3 beds \| 2 baths \| 1,740 sq.ft.	$446,700	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.47% Airbnb Rental Income: $1379 Traditional Rental Income: $2369 Airbnb ROI: 0.1% Traditional ROI: 3.47%
18706 E Flat Rock River Ave Spokane Valley, WA Embrace refined living in this exceptional 2023 new-construction home, ideally located jus...	3 beds \| 2 baths \| 1,466 sq.ft.	$434,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.66% Airbnb Rental Income: $1379 Traditional Rental Income: $2438 Airbnb ROI: 0.02% Traditional ROI: 3.66%
4706 N Marcus Ln Spokane Valley, WA Beautifully maintained 4 bed 2.5 bath 1,646 sq ft Spokane Valley home tucked away on a lar...	4 beds \| 2 baths \| 1,646 sq.ft.	$419,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.25% Airbnb Rental Income: $1169 Traditional Rental Income: $2551 Airbnb ROI: -0.25% Traditional ROI: 4.25%
13604/06 E Nora Ave Spokane Valley, WA Multi Family and Prime Investment Opportunity - High Traffic/Multi-Use Property Along I-90...	N/A beds \| N/A baths \| 3,328 sq.ft.	$850,000	Airbnb cash on cash: 0.09% Traditional cash on cash: 1.76% Airbnb Rental Income: $1893 Traditional Rental Income: $2710 Airbnb ROI: 0.09% Traditional ROI: 1.76%
17500 E Wellesley Ave Spokane Valley, WA Welcome to Etter Ranch, a rare opportunity to own one of Spokane Valley's premier legacy p...	4 beds \| 4 baths \| 6,192 sq.ft.	$2,250,000	Airbnb cash on cash: -1.15% Traditional cash on cash: -0.3% Airbnb Rental Income: $1169 Traditional Rental Income: $2558 Airbnb ROI: -1.15% Traditional ROI: -0.3%
11103 E MAIN Ave Spokane Valley, WA Step inside this charming 3-bedroom, 2-bathroom home with 1289 sq ft of comfortable living...	3 beds \| 2 baths \| N/A	$339,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 4.44% Airbnb Rental Income: $1379 Traditional Rental Income: $2043 Airbnb ROI: 1.04% Traditional ROI: 4.44%
8412 E Bull Pine Ln Spokane Valley, WA Discover tranquility in the desirable Northwood area of Spokane Valley! This beautifully u...	4 beds \| 3 baths \| 2,632 sq.ft.	$525,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.43% Airbnb Rental Income: $1169 Traditional Rental Income: $2277 Airbnb ROI: -0.61% Traditional ROI: 2.43%
6221 N Highview Ln Spokane Valley, WA Discover your dream home on 1.5 MOL acres with captivating territorial views! This spaciou...	4 beds \| 3 baths \| 2,524 sq.ft.	$595,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.15% Airbnb Rental Income: $1169 Traditional Rental Income: $2304 Airbnb ROI: -0.58% Traditional ROI: 2.15%
18805 E RIVERSIDE Ct Spokane Valley, WA New Construction, You Design Near Liberty Lake...Get all the benefits of the Liberty Lake ...	3 beds \| 2 baths \| 1,416 sq.ft.	$414,466	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.31% Airbnb Rental Income: $1379 Traditional Rental Income: $2532 Airbnb ROI: 0.26% Traditional ROI: 4.31%
250 N RAYMOND Rd Spokane Valley, WA Step into this beautiful 2 Bedroom Upstairs Condo in the beautiful University Gardens Comp...	2 beds \| 1 baths \| 969 sq.ft.	$215,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 4.91% Airbnb Rental Income: $982 Traditional Rental Income: $1790 Airbnb ROI: -0.78% Traditional ROI: 4.91%
1115 S Woodruff Rd Spokane Valley, WA Cathedral ceilings and an abundance of natural light make this updated home feel spacious ...	3 beds \| 2 baths \| 1,778 sq.ft.	$399,999	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.2% Airbnb Rental Income: $1379 Traditional Rental Income: $1986 Airbnb ROI: 0.47% Traditional ROI: 3.2%
818 S MAYHEW Ln Spokane Valley, WA Welcome to this well-maintained, ranch-style home nestled in a peaceful cul-de-sac in Spok...	2 beds \| 2 baths \| 1,273 sq.ft.	$369,900	Airbnb cash on cash: -0.6% Traditional cash on cash: 4.17% Airbnb Rental Income: $982 Traditional Rental Income: $2287 Airbnb ROI: -0.6% Traditional ROI: 4.17%
11512 E Valleyway Ave Spokane Valley, WA Welcome to this Spokane Valley gem, perfectly tucked away on over half an acre and just mi...	4 beds \| 2 baths \| 2,332 sq.ft.	$475,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.14% Airbnb Rental Income: $1169 Traditional Rental Income: $2263 Airbnb ROI: -0.19% Traditional ROI: 3.14%
10612 E 10TH Ave Spokane Valley, WA A Peaceful Spokane Valley Retreat with Room to Live, Work & Play Welcome home! This beauti...	3 beds \| 2 baths \| 1,196 sq.ft.	$319,000	Airbnb cash on cash: 0.92% Traditional cash on cash: 4.64% Airbnb Rental Income: $1379 Traditional Rental Income: $2077 Airbnb ROI: 0.92% Traditional ROI: 4.64%
7319 E Maxwell Ave Spokane Valley, WA This beautifully remodeled Spokane Valley rancher blends classic charm with modern upgrade...	4 beds \| 2 baths \| 2,080 sq.ft.	$350,000	Airbnb cash on cash: -0.06% Traditional cash on cash: 5.06% Airbnb Rental Income: $1169 Traditional Rental Income: $2468 Airbnb ROI: -0.06% Traditional ROI: 5.06%
4401 N Best Rd Spokane Valley, WA Welcome to this well-maintained one-level home offering both comfort and convenience. The ...	3 beds \| 1 baths \| 1,061 sq.ft.	$344,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 6.1% Airbnb Rental Income: $1379 Traditional Rental Income: $2441 Airbnb ROI: 1.52% Traditional ROI: 6.1%
9808 E Shannon Ave Spokane Valley, WA Looking for room to grow? Come take a look at this 2,590 square foot home boasting 4 bedro...	4 beds \| 3 baths \| 2,590 sq.ft.	$439,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.2% Airbnb Rental Income: $1169 Traditional Rental Income: $2224 Airbnb ROI: -0.3% Traditional ROI: 3.2%
16027 E Radco Dr Spokane Valley, WA Spacious, updated, and priced to move-this 2,444 sq ft 3-bedroom, 3-full-bath home in peac...	3 beds \| 3 baths \| 2,444 sq.ft.	$525,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.15% Airbnb Rental Income: $1379 Traditional Rental Income: $3079 Airbnb ROI: -0.17% Traditional ROI: 4.15%
4711 N Evergreen Rd Spokane Valley, WA Welcome to 4711 North Evergreen Road, Spokane Valley, WA-a beautifully maintained split-le...	4 beds \| 2 baths \| 1,954 sq.ft.	$399,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 5.13% Airbnb Rental Income: $1169 Traditional Rental Income: $2760 Airbnb ROI: -0.15% Traditional ROI: 5.13%
11223 E 37th Ave Spokane Valley, WA Exceptional 4-bed, 2-bath rancher with over 3100 sq ft on a .37-acre lot in highly desirab...	4 beds \| 2 baths \| 3,166 sq.ft.	$499,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 4.18% Airbnb Rental Income: $1169 Traditional Rental Income: $3033 Airbnb ROI: -0.64% Traditional ROI: 4.18%
1816 S Ridgetop Dr Spokane Valley, WA PRICED TO SELL! Stunning Greenstone home offers the perfect blend of comfort & functionali...	4 beds \| 3 baths \| 3,114 sq.ft.	$735,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 2.86% Airbnb Rental Income: $1169 Traditional Rental Income: $3443 Airbnb ROI: -1.02% Traditional ROI: 2.86%
2105 N Sipple Rd Spokane Valley, WA Discover exceptional new construction where quality, style, and comfort come together seam...	3 beds \| 2 baths \| 1,493 sq.ft.	$439,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 5.2% Airbnb Rental Income: $1379 Traditional Rental Income: $2720 Airbnb ROI: 0.93% Traditional ROI: 5.2%
18903 E Michielli Ln Spokane Valley, WA Very clean, Updated Rancher near Spokane River Centennial Trail in the Valley! Tons of spa...	4 beds \| 3 baths \| 2,326 sq.ft.	$489,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 4.22% Airbnb Rental Income: $1169 Traditional Rental Income: $3018 Airbnb ROI: -0.66% Traditional ROI: 4.22%
3826 S Morrow Ln Spokane Valley, WA Immaculately Maintained Home Built in 2009! This 2295 Square Foot, 4 Bedroom / 2 1/2 Bathr...	4 beds \| 3 baths \| 2,295 sq.ft.	$525,000	Airbnb cash on cash: -0.54% Traditional cash on cash: 3.78% Airbnb Rental Income: $1169 Traditional Rental Income: $2906 Airbnb ROI: -0.54% Traditional ROI: 3.78%
18307 E Boone Ave Spokane Valley, WA NEW YEAR, NEW PRICE - MOTIVATED SELLERS Quick Sale Opportunity Welcome to this bright ...	2 beds \| 2 baths \| 1,296 sq.ft.	$295,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 5.64% Airbnb Rental Income: $982 Traditional Rental Income: $2225 Airbnb ROI: -0.11% Traditional ROI: 5.64%
302 N Argonne Rd Spokane Valley, WA Location & Income Have income from the spacious duplex while you build more on a .60-acre ...	3 beds \| 2 baths \| N/A	$455,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 3.87% Airbnb Rental Income: $1379 Traditional Rental Income: $2593 Airbnb ROI: 0.04% Traditional ROI: 3.87%
15702 E Wellesley Ave Spokane Valley, WA Come home to this spacious 2,168 sq ft mid-century 4BD/2BA valley home, meticulously cared...	4 beds \| 2 baths \| 2,168 sq.ft.	$390,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 6.16% Airbnb Rental Income: $1169 Traditional Rental Income: $2790 Airbnb ROI: 0.68% Traditional ROI: 6.16%
13403 E Heroy Ave Spokane Valley, WA Welcome to this spacious 5 bedroom, 2 bathroom home offering over 2,500 square feet of tho...	5 beds \| 2 baths \| 2,558 sq.ft.	$410,000	Airbnb cash on cash: 0.68% Traditional cash on cash: 5.1% Airbnb Rental Income: $1558 Traditional Rental Income: $2809 Airbnb ROI: 0.68% Traditional ROI: 5.1%

Real Estate investment in Spokane-valley, WA

There are 82 properties for sale in the city of Spokane Valley . The median list price in Spokane Valley is $443,300 and the average price per square foot is $209. In January 2026, the average monthly cash on cash return in Spokane Valley is 4.00%. The average monthly rental income in Spokane Valley is $2,555.

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

There are 82 investment properties available for sale in Spokane-valley.

In 2026, the best neighborhood to buy investment property is Spokane Valley.

The ROI for Short-Term is higher than the Long-Term in Spokane-valley with average rental income of $1,379.

Your search for investment property begins and ends here

Investment Property for Sale in Spokane Valley, WA

14810 E Wellesley Ave

Spokane Valley, WA

5 beds | 2 baths | 2,622 sq.ft.

$330,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 6.18%

Airbnb Rental Income: $1558

Traditional Rental Income: $2622

Airbnb ROI: 1.3%

Traditional ROI: 6.18%

8209 E Knox Ave

Spokane Valley, WA

2 beds | 1 baths | 820 sq.ft.

$289,999

Airbnb cash on cash: 0.11%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $982

Traditional Rental Income: $1787

Airbnb ROI: 0.11%

Traditional ROI: 4.35%

7204 E 4th Ave

Spokane Valley, WA

3 beds | 2 baths | 1,419 sq.ft.

$379,500

Airbnb cash on cash: 0.41%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $1379

Traditional Rental Income: $2265

Airbnb ROI: 0.41%

Traditional ROI: 4.07%

11708 E Rivercrest Dr

Spokane Valley, WA

3 beds | 3 baths | 2,206 sq.ft.

$470,000

Airbnb cash on cash: 0%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $1379

Traditional Rental Income: $2467

Airbnb ROI: 0%

Traditional ROI: 3.43%

7314-7320 E 7th Ave

Spokane Valley, WA

N/A beds | N/A baths | 2,984 sq.ft.

$599,894

Airbnb cash on cash: 0.37%

Traditional cash on cash: 1.2%

Airbnb Rental Income: $1893

Traditional Rental Income: $1854

Airbnb ROI: 0.37%

Traditional ROI: 1.2%

524 N Long Rd

Spokane Valley, WA

3 beds | 3 baths | 2,022 sq.ft.

$574,900

Airbnb cash on cash: -0.26%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1379

Traditional Rental Income: $2433

Airbnb ROI: -0.26%

Traditional ROI: 2.48%

11722 E Jackson Ln

Spokane Valley, WA

4 beds | 3 baths | 2,730 sq.ft.

$490,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $1169

Traditional Rental Income: $2275

Airbnb ROI: -0.53%

Traditional ROI: 2.72%

13405 E Sprague Ave

Spokane Valley, WA

3 beds | 3 baths | 1,213 sq.ft.

$275,000

Airbnb cash on cash: 1.57%

Traditional cash on cash: 6.92%

Airbnb Rental Income: $1379

Traditional Rental Income: $2348

Airbnb ROI: 1.57%