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
18011 E Springfield Ave Spokane Valley, WA Beautifully maintained home on a cul-de-sac! Updates throughout New roof in 2021. If you a...	3 beds \| 1 baths \| 1,166 sq.ft.	$350,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 5.09% Airbnb Rental Income: $2964 Traditional Rental Income: $2396 Airbnb ROI: 4.74% Traditional ROI: 5.09%
13709 E 30th Ave Spokane Valley, WA Tucked away in a peaceful neighborhood of Spokane Valley, this inviting split-level home o...	3 beds \| 2 baths \| 1,776 sq.ft.	$419,891	Airbnb cash on cash: 3.67% Traditional cash on cash: 3.96% Airbnb Rental Income: $2964 Traditional Rental Income: $2392 Airbnb ROI: 3.67% Traditional ROI: 3.96%
304 S Conklin Rd Spokane Valley, WA This spacious 3-bed, 2-bath double-wide manufactured home in Spokane Valley's 55+ Birch Tr...	3 beds \| 2 baths \| 1,456 sq.ft.	$165,000	Airbnb cash on cash: 9.74% Traditional cash on cash: 4.8% Airbnb Rental Income: $2964 Traditional Rental Income: $1503 Airbnb ROI: 9.74% Traditional ROI: 4.8%
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: 4.07% Traditional cash on cash: 4.35% Airbnb Rental Income: $2279 Traditional Rental Income: $1787 Airbnb ROI: 4.07% Traditional ROI: 4.35%
5307 N Avalon Ct Spokane Valley, WA Gorgeous East Valley Home located on cul-de sac in the Trentwood area, surround by new wel...	4 beds \| 3 baths \| 1,821 sq.ft.	$499,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 3.49% Airbnb Rental Income: $3569 Traditional Rental Income: $2645 Airbnb ROI: 3.8% Traditional ROI: 3.49%
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 ranch...	3 beds \| 2 baths \| 1,419 sq.ft.	$379,500	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.07% Airbnb Rental Income: $2964 Traditional Rental Income: $2265 Airbnb ROI: 4.12% Traditional ROI: 4.07%
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: 0.23% Traditional cash on cash: 1.2% Airbnb Rental Income: $1802 Traditional Rental Income: $1854 Airbnb ROI: 0.23% Traditional ROI: 1.2%
7009 E Beverly Ave Spokane Valley, WA HOME IS COMPLETE! Step into luxury living with Watson Brothers Construction! With peekaboo...	3 beds \| 2 baths \| 3,800 sq.ft.	$775,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 1.18% Airbnb Rental Income: $2964 Traditional Rental Income: $2398 Airbnb ROI: 1.02% Traditional ROI: 1.18%
7005 E Beverly Ave Spokane Valley, WA Step into luxury living with Watson Bros. Construction! Featuring views of Mt. Spokane, no...	3 beds \| 2 baths \| 3,800 sq.ft.	$800,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 1.08% Airbnb Rental Income: $2964 Traditional Rental Income: $2398 Airbnb ROI: 0.93% Traditional ROI: 1.08%
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.	$589,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 2.4% Airbnb Rental Income: $2964 Traditional Rental Income: $2433 Airbnb ROI: 2.12% Traditional ROI: 2.4%
854 S Shelley Lake Ln Spokane Valley, WA Beautiful 5 bedroom, 3.5 bathroom home nestled in a gated community of Shelley Lake. Strol...	5 beds \| 4 baths \| N/A	$629,500	Airbnb cash on cash: 6.26% Traditional cash on cash: 2.22% Airbnb Rental Income: $6279 Traditional Rental Income: $2669 Airbnb ROI: 6.26% Traditional ROI: 2.22%
2101 N Sipple Rd Spokane Valley, WA Effortless single-level living awaits! Forget weekend projects in this stunning 1,493 sq f...	3 beds \| 2 baths \| 1,493 sq.ft.	$409,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 3.87% Airbnb Rental Income: $2964 Traditional Rental Income: $2338 Airbnb ROI: 3.72% Traditional ROI: 3.87%
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: 6.66% Traditional cash on cash: 6.92% Airbnb Rental Income: $2964 Traditional Rental Income: $2348 Airbnb ROI: 6.66% 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: 4.73% Traditional cash on cash: 5.25% Airbnb Rental Income: $2964 Traditional Rental Income: $2477 Airbnb ROI: 4.73% 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: 3.06% Traditional cash on cash: 4.08% Airbnb Rental Income: $2964 Traditional Rental Income: $2721 Airbnb ROI: 3.06% 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 \| 3 baths \| 1,850 sq.ft.	$453,483	Airbnb cash on cash: 3.18% Traditional cash on cash: 4.51% Airbnb Rental Income: $2964 Traditional Rental Income: $2844 Airbnb ROI: 3.18% 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: 2.46% Traditional cash on cash: 3.44% Airbnb Rental Income: $2964 Traditional Rental Income: $2763 Airbnb ROI: 2.46% Traditional ROI: 3.44%
11412 E 6 Ave Spokane Valley, WA Hereâs the home in Spokane Valley youâve been waiting for! This beautiful home feature...	3 beds \| 2 baths \| 1,740 sq.ft.	$446,700	Airbnb cash on cash: 3.26% Traditional cash on cash: 3.47% Airbnb Rental Income: $2964 Traditional Rental Income: $2369 Airbnb ROI: 3.26% Traditional ROI: 3.47%
10522 E 4th Ave Spokane Valley, WA Bring ideas this Valley home with Airbnb/duplex option close to everything and a block fro...	3 beds \| 1 baths \| 2,186 sq.ft.	$305,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 5.3% Airbnb Rental Income: $2964 Traditional Rental Income: $2207 Airbnb ROI: 5.56% Traditional ROI: 5.3%
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: 3.27% Traditional cash on cash: 3.66% Airbnb Rental Income: $2964 Traditional Rental Income: $2438 Airbnb ROI: 3.27% 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 \| 3 baths \| 1,646 sq.ft.	$419,000	Airbnb cash on cash: 4.84% Traditional cash on cash: 4.25% Airbnb Rental Income: $3569 Traditional Rental Income: $2551 Airbnb ROI: 4.84% Traditional ROI: 4.25%
4408 S Willow Ln Spokane Valley, WA Welcome to Ponderosa Ridge. ALMOST READY for YOU! Modern look and feel! 5 bedroom, 3 ...	5 beds \| 3 baths \| 3,368 sq.ft.	$624,990	Airbnb cash on cash: 7.37% Traditional cash on cash: 3.43% Airbnb Rental Income: $6279 Traditional Rental Income: $2747 Airbnb ROI: 7.37% Traditional ROI: 3.43%
7025 E Beverly Ave Spokane Valley, WA NEW 2025 DAYLIGHT RANCHER \| BETWEEN DOWNTOWN & THE VALLEY Wake to sun-splashed hillside vi...	3 beds \| 2 baths \| 3,440 sq.ft.	$689,500	Airbnb cash on cash: 2.24% Traditional cash on cash: 2.57% Airbnb Rental Income: $2964 Traditional Rental Income: $2492 Airbnb ROI: 2.24% Traditional ROI: 2.57%
13604/06 E Nora Ave Spokane Valley, WA Multi Family and Prime Investment Opportunity â High Traffic/Multi-Use Property Along I-...	N/A beds \| N/A baths \| 3,328 sq.ft.	$850,000	Airbnb cash on cash: -0.01% Traditional cash on cash: 1.76% Airbnb Rental Income: $1802 Traditional Rental Income: $2710 Airbnb ROI: -0.01% Traditional ROI: 1.76%
17500 E Wellesley Ave Spokane Valley, WA Welcome to Etter Ranch, a rare opportunity to own one of Spokane Valleyâs premier legacy...	4 beds \| 4 baths \| 6,192 sq.ft.	$2,250,000	Airbnb cash on cash: -0.19% Traditional cash on cash: -0.3% Airbnb Rental Income: $3569 Traditional Rental Income: $2558 Airbnb ROI: -0.19% Traditional ROI: -0.3%
1725 S Donwood St Spokane Valley, WA Step into this impeccably cared-for, better-than-new 3-bedroom, 2-bath home built in 2021,...	3 beds \| 2 baths \| 1,570 sq.ft.	$552,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 2.78% Airbnb Rental Income: $2964 Traditional Rental Income: $2595 Airbnb ROI: 2.17% Traditional ROI: 2.78%
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: 5.19% Traditional cash on cash: 4.44% Airbnb Rental Income: $2964 Traditional Rental Income: $2043 Airbnb ROI: 5.19% 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: 3.47% Traditional cash on cash: 2.43% Airbnb Rental Income: $3569 Traditional Rental Income: $2277 Airbnb ROI: 3.47% Traditional ROI: 2.43%
11212 E 4th Ave Spokane Valley, WA Quiet and tucked away from busy streets, this rare 3-bed, 2.5-bath condo stands out with a...	3 beds \| 3 baths \| 1,096 sq.ft.	$259,000	Airbnb cash on cash: 7.05% Traditional cash on cash: 5.81% Airbnb Rental Income: $2964 Traditional Rental Income: $1979 Airbnb ROI: 7.05% Traditional ROI: 5.81%
11206 E 27th Ave Spokane Valley, WA Welcome to Kokomo! This is a rare opportunity to build your dream home in an established n...	4 beds \| 2 baths \| 1,811 sq.ft.	$696,800	Airbnb cash on cash: 2.17% Traditional cash on cash: 1.2% Airbnb Rental Income: $3569 Traditional Rental Income: $2156 Airbnb ROI: 2.17% Traditional ROI: 1.2%
11119 E 27th Ave Spokane Valley, WA Welcome to Kokomo! This is a rare opportunity to build your dream home in an established n...	4 beds \| 3 baths \| 2,011 sq.ft.	$746,600	Airbnb cash on cash: 2.73% Traditional cash on cash: 2.06% Airbnb Rental Income: $3569 Traditional Rental Income: $2313 Airbnb ROI: 2.73% Traditional ROI: 2.06%
7802 E Timber Ridge Ln Spokane Valley, WA Step into this stunning 4-bed, 3-bath one-story Northwood gem! The main floor flows with n...	4 beds \| 3 baths \| 2,900 sq.ft.	$594,900	Airbnb cash on cash: 2.48% Traditional cash on cash: 2.35% Airbnb Rental Income: $3569 Traditional Rental Income: $2711 Airbnb ROI: 2.48% Traditional ROI: 2.35%
3719 S Ridgeview Dr Spokane Valley, WA First time on the market! This spacious 5 bed, 3 bath home boasts 3600 sq ft of living sp...	5 beds \| 3 baths \| 3,592 sq.ft.	$600,000	Airbnb cash on cash: 6.99% Traditional cash on cash: 2.42% Airbnb Rental Income: $6279 Traditional Rental Income: $2488 Airbnb ROI: 6.99% Traditional ROI: 2.42%
3205 S McDonald St Spokane Valley, WA This thoughtfully remodeled 4-level home in Spokane Valley offers the perfect blend of com...	3 beds \| 2 baths \| 2,870 sq.ft.	$505,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 2.6% Airbnb Rental Income: $2964 Traditional Rental Income: $2332 Airbnb ROI: 2.49% Traditional ROI: 2.6%
3810 S Moffitt Rd Spokane Valley, WA Rare opportunity in the sought-after South Valley! Located in the Central Valley School Di...	4 beds \| 2 baths \| 2,061 sq.ft.	$414,900	Airbnb cash on cash: 4.82% Traditional cash on cash: 3.57% Airbnb Rental Income: $3569 Traditional Rental Income: $2299 Airbnb ROI: 4.82% Traditional ROI: 3.57%
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: 3.02% Traditional cash on cash: 2.15% Airbnb Rental Income: $3569 Traditional Rental Income: $2304 Airbnb ROI: 3.02% Traditional ROI: 2.15%
315 N McCabe Rd Spokane Valley, WA Motivated seller! Updated 4 bedroom, 3 bathroom, ~3000 sq ft Rancher on 1/3 ac corner lot ...	4 beds \| 3 baths \| 2,204 sq.ft.	$420,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 4.37% Airbnb Rental Income: $3569 Traditional Rental Income: $2513 Airbnb ROI: 5.07% Traditional ROI: 4.37%
4308 N Avalon Rd Spokane Valley, WA Discover comfort, style & ease of living in this thoughtfully designed 3-bed 3-bath ranche...	3 beds \| 3 baths \| 1,500 sq.ft.	$399,950	Airbnb cash on cash: 3.76% Traditional cash on cash: 4.46% Airbnb Rental Income: $2964 Traditional Rental Income: $2543 Airbnb ROI: 3.76% Traditional ROI: 4.46%
4318 N Upland Ct Spokane Valley, WA Beautiful, well maintained rancher with soaring ceilings and newly remodeled kitchen. Kitc...	5 beds \| 3 baths \| 2,935 sq.ft.	$515,000	Airbnb cash on cash: 8.38% Traditional cash on cash: 3.36% Airbnb Rental Income: $6279 Traditional Rental Income: $2627 Airbnb ROI: 8.38% Traditional ROI: 3.36%

Real Estate investment in Spokane-valley, WA

There are 132 properties for sale in the city of Spokane Valley . The median list price in Spokane Valley is $449,000 and the average price per square foot is $182. In October 2025, the average monthly cash on cash return in Spokane Valley is 4.00%. The average monthly rental income in Spokane Valley is $2,488.

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

There are 132 investment properties available for sale in Spokane-valley.

In 2025, 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 $3,569.

Your search for investment property begins and ends here

Investment Property for Sale in Spokane Valley, WA

18011 E Springfield Ave

Spokane Valley, WA

3 beds | 1 baths | 1,166 sq.ft.

$350,000

Airbnb cash on cash: 4.74%

Traditional cash on cash: 5.09%

Airbnb Rental Income: $2964

Traditional Rental Income: $2396

Airbnb ROI: 4.74%

Traditional ROI: 5.09%

13709 E 30th Ave

Spokane Valley, WA

3 beds | 2 baths | 1,776 sq.ft.

$419,891

Airbnb cash on cash: 3.67%

Traditional cash on cash: 3.96%

Airbnb Rental Income: $2964

Traditional Rental Income: $2392

Airbnb ROI: 3.67%

Traditional ROI: 3.96%

304 S Conklin Rd

Spokane Valley, WA

3 beds | 2 baths | 1,456 sq.ft.

$165,000

Airbnb cash on cash: 9.74%

Traditional cash on cash: 4.8%

Airbnb Rental Income: $2964

Traditional Rental Income: $1503

Airbnb ROI: 9.74%

Traditional ROI: 4.8%

8209 E Knox Ave

Spokane Valley, WA

2 beds | 1 baths | 820 sq.ft.

$289,999

Airbnb cash on cash: 4.07%

Traditional cash on cash: 4.35%

Airbnb Rental Income: $2279

Traditional Rental Income: $1787

Airbnb ROI: 4.07%

Traditional ROI: 4.35%

5307 N Avalon Ct

Spokane Valley, WA

4 beds | 3 baths | 1,821 sq.ft.

$499,000

Airbnb cash on cash: 3.8%

Traditional cash on cash: 3.49%

Airbnb Rental Income: $3569

Traditional Rental Income: $2645

Airbnb ROI: 3.8%

Traditional ROI: 3.49%

7204 E 4th Ave

Spokane Valley, WA

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

$379,500

Airbnb cash on cash: 4.12%

Traditional cash on cash: 4.07%

Airbnb Rental Income: $2964

Traditional Rental Income: $2265

Airbnb ROI: 4.12%

Traditional ROI: 4.07%

7314-7320 E 7th Ave

Spokane Valley, WA

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

$599,894

Airbnb cash on cash: 0.23%

Traditional cash on cash: 1.2%

Airbnb Rental Income: $1802

Traditional Rental Income: $1854

Airbnb ROI: 0.23%

Traditional ROI: 1.2%

7009 E Beverly Ave

Spokane Valley, WA

3 beds | 2 baths | 3,800 sq.ft.

$775,000

Airbnb cash on cash: 1.02%

Traditional cash on cash: 1.18%

Airbnb Rental Income: $2964

Traditional Rental Income: $2398

Airbnb ROI: 1.02%