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. If you are looking for ze...	3 beds \| N/A 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 \| N/A baths \| 1,776 sq.ft.	$419,896	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%
1812 S Pines Rd Spokane Valley, WA HUGE price reduction. Help sellers get to their new home out of state! Come check out this...	4 beds \| N/A baths \| 2,324 sq.ft.	$375,000	Airbnb cash on cash: 5.74% Traditional cash on cash: 4.4% Airbnb Rental Income: $3569 Traditional Rental Income: $2315 Airbnb ROI: 5.74% Traditional ROI: 4.4%
8209 E Knox Ave Spokane Valley, WA Opportunity Knox with this charming and recently updated 2-bedroom, 1-bathroom gem situate...	2 beds \| N/A baths \| 820 sq.ft.	$299,900	Airbnb cash on cash: 3.91% Traditional cash on cash: 4.18% Airbnb Rental Income: $2279 Traditional Rental Income: $1787 Airbnb ROI: 3.91% Traditional ROI: 4.18%
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 \| N/A 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 \| N/A 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.	$599,895	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 LATE AUGUST COMPLETION! Step into luxury living with Watson Brothers Construction! With pe...	3 beds \| N/A 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 \| N/A 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 Charming 2017 custom-built home with 2,500 sq ft of thoughtfully designed living space, fe...	3 beds \| N/A baths \| 2,022 sq.ft.	$599,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 2.34% Airbnb Rental Income: $2964 Traditional Rental Income: $2433 Airbnb ROI: 2.07% Traditional ROI: 2.34%
11722 E Jackson Ln Spokane Valley, WA Enjoy spectacular northwest sunsets from this 4-bed, 3-bath daylight rancher on a quiet cu...	4 beds \| N/A baths \| 2,730 sq.ft.	$490,000	Airbnb cash on cash: 3.83% Traditional cash on cash: 2.72% Airbnb Rental Income: $3569 Traditional Rental Income: $2275 Airbnb ROI: 3.83% Traditional ROI: 2.72%
854 S Shelley Lake Ln Spokane Valley, WA Beautiful 5 bedroom, 3.5 bathroom home nestled in the sought after gated community of Shel...	5 beds \| N/A baths \| 3,736 sq.ft.	$629,500	Airbnb cash on cash: 6.35% Traditional cash on cash: 2.3% Airbnb Rental Income: $6279 Traditional Rental Income: $2669 Airbnb ROI: 6.35% Traditional ROI: 2.3%
2103 N Sipple Rd Spokane Valley, WA Modern single-level living in "The Bowman"! This 1,494 sq ft new build offers true comfort...	3 beds \| N/A baths \| 1,494 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%
2101 N Sipple Rd Spokane Valley, WA Effortless single-level living awaits! Forget weekend projects in this stunning 1,493 sq f...	3 beds \| N/A 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 \| N/A baths \| 1,213 sq.ft.	$295,000	Airbnb cash on cash: 6.15% Traditional cash on cash: 6.39% Airbnb Rental Income: $2964 Traditional Rental Income: $2348 Airbnb ROI: 6.15% Traditional ROI: 6.39%
16427 E Riverside Ave Spokane Valley, WA Charming and meticulously maintained brick rancher in the highly sought-after Central Vall...	3 beds \| N/A 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%
19715 E 11th Ave Spokane Valley, WA Experience refined living in this stunning 4BR, 3BA 2,384 sqft home located in the desirab...	4 beds \| N/A baths \| 2,384 sq.ft.	$725,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 1.92% Airbnb Rental Income: $3569 Traditional Rental Income: $2683 Airbnb ROI: 2.07% Traditional ROI: 1.92%
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%
18725 E Riverside Street Spokane Valley, WA New Construction, You Design! The Juniper is a two-story, open concept home with a front p...	3 beds \| 3 baths \| 2,106 sq.ft.	$487,576	Airbnb cash on cash: 2.83% Traditional cash on cash: 4.39% Airbnb Rental Income: $2964 Traditional Rental Income: $2997 Airbnb ROI: 2.83% Traditional ROI: 4.39%
18809 E Riverside St Spokane Valley, WA New Construction, You Design! This rancher plan features covered front porch and cathedral...	4 beds \| 2 baths \| 1,662 sq.ft.	$429,515	Airbnb cash on cash: 4.72% Traditional cash on cash: 4.24% Airbnb Rental Income: $3569 Traditional Rental Income: $2594 Airbnb ROI: 4.72% Traditional ROI: 4.24%
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%
1804 S Blake Rd Spokane Valley, WA Calling all visionaries and DIY enthusiasts! This South Valley rancher, brimming with pote...	4 beds \| N/A baths \| 2,348 sq.ft.	$330,000	Airbnb cash on cash: 7.61% Traditional cash on cash: 6.57% Airbnb Rental Income: $3569 Traditional Rental Income: $2463 Airbnb ROI: 7.61% Traditional ROI: 6.57%
11412 E 6 Ave Spokane Valley, WA Hereâs the home in Spokane Valley youâve been waiting for! This beautiful home feature...	3 beds \| N/A baths \| 1,740 sq.ft.	$469,750	Airbnb cash on cash: 3% Traditional cash on cash: 3.2% Airbnb Rental Income: $2964 Traditional Rental Income: $2369 Airbnb ROI: 3% Traditional ROI: 3.2%
12327 E Sioux Cir Spokane Valley, WA Now with a new roof! Welcome to this lovingly upgraded and maintained daylight basemen...	5 beds \| N/A baths \| 3,484 sq.ft.	$599,000	Airbnb cash on cash: 6.84% Traditional cash on cash: 2.3% Airbnb Rental Income: $6279 Traditional Rental Income: $2502 Airbnb ROI: 6.84% Traditional ROI: 2.3%
3105 N Rio Grande Rd Spokane Valley, WA This stunning home offers a perfect blend of comfort and style, featuring a spacious cover...	3 beds \| N/A baths \| 1,601 sq.ft.	$445,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 3.83% Airbnb Rental Income: $2964 Traditional Rental Income: $2484 Airbnb ROI: 3.34% Traditional ROI: 3.83%
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 \| N/A baths \| 2,186 sq.ft.	$329,000	Airbnb cash on cash: 5.09% Traditional cash on cash: 4.85% Airbnb Rental Income: $2964 Traditional Rental Income: $2207 Airbnb ROI: 5.09% Traditional ROI: 4.85%
1015 S Woodruff Rd Spokane Valley, WA Charming Home with Endless Potential in Spokane Valley! Welcome to your next opportunity!...	3 beds \| N/A baths \| 1,120 sq.ft.	$305,000	Airbnb cash on cash: 5.73% Traditional cash on cash: 4.68% Airbnb Rental Income: $2964 Traditional Rental Income: $1981 Airbnb ROI: 5.73% Traditional ROI: 4.68%
4913 E 6th Ave Spokane Valley, WA This Newly Built Turnkey Duplex is Ready for Immediate Occupancy! Each of the 2 Mirror Uni...	N/A beds \| N/A baths \| 1,400 sq.ft.	$565,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.45% Airbnb Rental Income: $1802 Traditional Rental Income: $2429 Airbnb ROI: 0.34% Traditional ROI: 2.45%
6610 E 11th Ave Spokane Valley, WA Incredible investment opportunity on a unique 0.77-acre lot in the Spokane Valley! This si...	N/A beds \| N/A baths \| 3,340 sq.ft.	$550,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 1.67% Airbnb Rental Income: $1802 Traditional Rental Income: $1943 Airbnb ROI: 0.45% Traditional ROI: 1.67%
18706 E Flat Rock River Ave Spokane Valley, WA Modern Comfort Meets Prime Location. Welcome to your dream home in the heart of the highly...	3 beds \| N/A 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.	$429,000	Airbnb cash on cash: 4.71% Traditional cash on cash: 4.13% Airbnb Rental Income: $3569 Traditional Rental Income: $2551 Airbnb ROI: 4.71% Traditional ROI: 4.13%
1102 S BEST ROAD Spokane Valley, WA This home is light and bright! Well thought out 2 story home offering 4 bedrooms, 2.5 bath...	4 beds \| 3 baths \| 2,055 sq.ft.	$529,900	Airbnb cash on cash: 3.59% Traditional cash on cash: 3.93% Airbnb Rental Income: $3569 Traditional Rental Income: $2955 Airbnb ROI: 3.59% Traditional ROI: 3.93%
1317 S Woodlawn Rd Spokane Valley, WA THIS IS THE BUY! Instant equity! All major items completed! Newer kitchen appliances, gran...	4 beds \| N/A baths \| 1,932 sq.ft.	$375,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 4.86% Airbnb Rental Income: $3569 Traditional Rental Income: $2560 Airbnb ROI: 5.5% Traditional ROI: 4.86%
4408 S Willow Ln Spokane Valley, WA Welcome to Ponderosa Ridge. ALMOST READY for YOU! Modern look and feel! 5 bedroom, 3 ...	5 beds \| N/A 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 \| N/A 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%
4919 N Hazelwood Terrace Ln Spokane Valley, WA Exquisite single-level home on a nearly 1/3 acre parcel in the highly coveted Hazelwood Pa...	3 beds \| N/A baths \| 1,634 sq.ft.	$585,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 2.08% Airbnb Rental Income: $2964 Traditional Rental Income: $2396 Airbnb ROI: 1.87% Traditional ROI: 2.08%
17500 E Wellesley Ave Spokane Valley, WA Welcome to Etter Ranch, a rare opportunity to own one of Spokane Valleyâs premier legacy...	4 beds \| N/A 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%

Real Estate investment in Spokane-valley, WA

There are 121 properties for sale in the city of Spokane Valley . The median list price in Spokane Valley is $455,000 and the average price per square foot is $185. In September 2025, the average monthly cash on cash return in Spokane Valley is 4.00%. The average monthly rental income in Spokane Valley is $2,398.

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

There are 121 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 $2,964.

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 | N/A 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 | N/A baths | 1,776 sq.ft.

$419,896

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%

1812 S Pines Rd

Spokane Valley, WA

4 beds | N/A baths | 2,324 sq.ft.

$375,000

Airbnb cash on cash: 5.74%

Traditional cash on cash: 4.4%

Airbnb Rental Income: $3569

Traditional Rental Income: $2315

Airbnb ROI: 5.74%

Traditional ROI: 4.4%

8209 E Knox Ave

Spokane Valley, WA

2 beds | N/A baths | 820 sq.ft.

$299,900

Airbnb cash on cash: 3.91%

Traditional cash on cash: 4.18%

Airbnb Rental Income: $2279

Traditional Rental Income: $1787

Airbnb ROI: 3.91%

Traditional ROI: 4.18%

5307 N Avalon Ct

Spokane Valley, WA

4 beds | N/A 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 | N/A 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.

$599,895

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 | N/A 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%