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
11723 E 4th Ave Spokane Valley, WA Marvelous brick rancher with loads of classic charm. Nestled in the Central Valley School ...	2 beds \| 2 baths \| 2,084 sq.ft.	$410,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.26% Airbnb Rental Income: $896 Traditional Rental Income: $2030 Airbnb ROI: -0.57% Traditional ROI: 3.26%
1816 S Viewcrest Ln Spokane Valley, WA Easy South Hill living in the established Carnahan Crest community! With an ideal layout f...	4 beds \| 4 baths \| 3,633 sq.ft.	$469,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 5.06% Airbnb Rental Income: $2006 Traditional Rental Income: $3620 Airbnb ROI: 0.2% Traditional ROI: 5.06%
31 S Arties Ln Spokane Valley, WA This immaculate home is located in a nice neighborhood with 3 bedrooms, 2.5 baths, and new...	3 beds \| 3 baths \| 1,614 sq.ft.	$410,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 3.42% Airbnb Rental Income: $1565 Traditional Rental Income: $2134 Airbnb ROI: 0.77% Traditional ROI: 3.42%
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: 0.99% Traditional cash on cash: 2.72% Airbnb Rental Income: $2006 Traditional Rental Income: $2275 Airbnb ROI: 0.99% Traditional ROI: 2.72%
19715 E 11th Ave Spokane Valley, WA Experience refined living in this 2021-built stunner in Spokane Valley's Twin Bridges. Thi...	3 beds \| 3 baths \| 2,384 sq.ft.	$709,000	Airbnb cash on cash: -0.39% Traditional cash on cash: 1.99% Airbnb Rental Income: $1565 Traditional Rental Income: $2683 Airbnb ROI: -0.39% Traditional ROI: 1.99%
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: 0.38% Traditional cash on cash: 4.08% Airbnb Rental Income: $1565 Traditional Rental Income: $2721 Airbnb ROI: 0.38% Traditional ROI: 4.08%
2539 S Man O War Ln Spokane Valley, WA Experience refined living in this stunning 2021 modern farmhouse in the private gated comm...	4 beds \| 3 baths \| 2,711 sq.ft.	$799,500	Airbnb cash on cash: -0.25% Traditional cash on cash: 1.36% Airbnb Rental Income: $2006 Traditional Rental Income: $2682 Airbnb ROI: -0.25% Traditional ROI: 1.36%
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.	$649,200	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.43% Airbnb Rental Income: $2006 Traditional Rental Income: $2156 Airbnb ROI: 0.32% Traditional ROI: 1.43%
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.	$698,600	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.26% Airbnb Rental Income: $2006 Traditional Rental Income: $2313 Airbnb ROI: 0.99% Traditional ROI: 2.26%
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: 0.66% Traditional cash on cash: 4.31% Airbnb Rental Income: $1565 Traditional Rental Income: $2532 Airbnb ROI: 0.66% Traditional ROI: 4.31%
250 N RAYMOND Rd #A12 Spokane Valley, WA Step into this beautiful 2 Bedroom Upstairs Condo in the beautiful University Gardens Comp...	2 beds \| 1 baths \| 969 sq.ft.	$199,900	Airbnb cash on cash: -1.15% Traditional cash on cash: 5.35% Airbnb Rental Income: $896 Traditional Rental Income: $1790 Airbnb ROI: -1.15% Traditional ROI: 5.35%
1816 S Ridgetop Dr Spokane Valley, WA Stunning Sequoia-Greenstone home offers the perfect blend of comfort & functionality w/3,1...	4 beds \| 3 baths \| 3,114 sq.ft.	$715,000	Airbnb cash on cash: -0.02% Traditional cash on cash: 2.92% Airbnb Rental Income: $2006 Traditional Rental Income: $3443 Airbnb ROI: -0.02% Traditional ROI: 2.92%
4416 S Willow Ln Spokane Valley, WA Welcome to Ponderosa Ridge. Modern look and feel! 5 bedroom, 3 bath. This is our newest an...	5 beds \| 3 baths \| 3,368 sq.ft.	$610,000	Airbnb cash on cash: 1.56% Traditional cash on cash: 4.73% Airbnb Rental Income: $2183 Traditional Rental Income: $3436 Airbnb ROI: 1.56% Traditional ROI: 4.73%
309 N Raymond Rd #24 Spokane Valley, WA Fresh, and move-in ready. This stylish Spokane Valley condo offers effortless living with ...	2 beds \| 1 baths \| 793 sq.ft.	$164,500	Airbnb cash on cash: 0.79% Traditional cash on cash: 7.07% Airbnb Rental Income: $896 Traditional Rental Income: $1543 Airbnb ROI: 0.79% Traditional ROI: 7.07%
1313 S WILBUR Rd Spokane Valley, WA Welcome to this South Spokane Valley rancher offering space, function, and standout extras...	3 beds \| 1 baths \| 2,034 sq.ft.	$439,900	Airbnb cash on cash: 0.63% Traditional cash on cash: 1.79% Airbnb Rental Income: $1565 Traditional Rental Income: $1591 Airbnb ROI: 0.63% Traditional ROI: 1.79%
11217 E 11th Ave Spokane Valley, WA Stunning valley rancher with rear features. This charming 5-bedroom 2-bathroom home offers...	5 beds \| 2 baths \| 1,998 sq.ft.	$439,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 4.53% Airbnb Rental Income: $2183 Traditional Rental Income: $2744 Airbnb ROI: 1.82% Traditional ROI: 4.53%
18109 E Michielli Ave Spokane Valley, WA Fully updated, highly efficient Spokane Valley 2011 built home just a block from the Cente...	4 beds \| 3 baths \| 1,548 sq.ft.	$424,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 4.73% Airbnb Rental Income: $2006 Traditional Rental Income: $2736 Airbnb ROI: 1.59% Traditional ROI: 4.73%
10209 E 17th Ln Spokane Valley, WA Welcome to this beautifully updated Spokane Valley home offering 4 bedrooms, 2 bathrooms, ...	4 beds \| 2 baths \| 1,344 sq.ft.	$408,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.47% Airbnb Rental Income: $2006 Traditional Rental Income: $2570 Airbnb ROI: 1.63% Traditional ROI: 4.47%
723 S Grady Rd Spokane Valley, WA Located on one of the ONLY OVERSIZED lots in the development, this unique Viking home offe...	3 beds \| 3 baths \| 1,850 sq.ft.	$479,900	Airbnb cash on cash: 0.3% Traditional cash on cash: 4.47% Airbnb Rental Income: $1565 Traditional Rental Income: $2984 Airbnb ROI: 0.3% Traditional ROI: 4.47%
6015 E 6th Ave #N4 Spokane Valley, WA Newly updated 2 bedroom Central Park condo offering comfortable, easy ground floor living....	2 beds \| 1 baths \| 805 sq.ft.	$250,000	Airbnb cash on cash: -0.05% Traditional cash on cash: 5.48% Airbnb Rental Income: $896 Traditional Rental Income: $1864 Airbnb ROI: -0.05% Traditional ROI: 5.48%
6007 E 6th W9 Ave #W-9 Spokane Valley, WA Updated Central Park Condo! You will enjoy Privacy and Quiet Living in the 1 Bedroom / 1 B...	1 beds \| 1 baths \| 598 sq.ft.	$195,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 5.31% Airbnb Rental Income: $783 Traditional Rental Income: $1611 Airbnb ROI: -0.88% Traditional ROI: 5.31%
4216 N Silas Rd Spokane Valley, WA This beautiful, modern two-story home offering 3 bedrooms, 3 bathrooms, and 2,529 sq ft of...	3 beds \| 3 baths \| 2,529 sq.ft.	$499,500	Airbnb cash on cash: 0.09% Traditional cash on cash: 4.36% Airbnb Rental Income: $1565 Traditional Rental Income: $3110 Airbnb ROI: 0.09% Traditional ROI: 4.36%
Adult Care Home Spokane Rd Spokane Valley, WA Rare opportunity to own & operate long-standing Adult Care Home in Spokane! This home has ...	9 beds \| 5 baths \| 4,173 sq.ft.	$1,345,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 0.26% Airbnb Rental Income: $2183 Traditional Rental Income: $2272 Airbnb ROI: -0.25% Traditional ROI: 0.26%
10921 E Richard Ln Spokane Valley, WA Set on 0.80 acres in one of Spokane Valley's most peaceful settings, this beautifully upda...	4 beds \| 4 baths \| 4,038 sq.ft.	$724,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 1.01% Airbnb Rental Income: $2006 Traditional Rental Income: $2075 Airbnb ROI: 0.14% Traditional ROI: 1.01%
11704 E ALKI Ave Spokane Valley, WA Looking for a multigenerational property? This is it! This spacious three-level home offer...	3 beds \| 2 baths \| 1,882 sq.ft.	$445,000	Airbnb cash on cash: 0.3% Traditional cash on cash: 2.17% Airbnb Rental Income: $1565 Traditional Rental Income: $1895 Airbnb ROI: 0.3% Traditional ROI: 2.17%
11920 E Mansfield Ave #47 Spokane Valley, WA This super clean single-wide home with a large enclosed front porch presents opportunities...	2 beds \| 1 baths \| N/A	$69,900	Airbnb cash on cash: -5.59% Traditional cash on cash: 4.03% Airbnb Rental Income: $896 Traditional Rental Income: $1225 Airbnb ROI: -5.59% Traditional ROI: 4.03%
2109 N Sipple Rd Spokane Valley, WA Brand-new construction that's genuinely move-in ready-the usual post-closing project list ...	3 beds \| 2 baths \| 1,493 sq.ft.	$439,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.74% Airbnb Rental Income: $1565 Traditional Rental Income: $2445 Airbnb ROI: 0.51% Traditional ROI: 3.74%
2111 N Sipple Rd Spokane Valley, WA Brand-new construction in the popular Bowman floorplan, move-in ready with the usual post-...	3 beds \| 2 baths \| 1,494 sq.ft.	$439,900	Airbnb cash on cash: 0.51% Traditional cash on cash: 3.74% Airbnb Rental Income: $1565 Traditional Rental Income: $2445 Airbnb ROI: 0.51% Traditional ROI: 3.74%
7312 E 13th Ct Spokane Valley, WA Designed for easy main floor living, this 3 bed, 2 bath rancher offers 1793 sq ft of thoug...	3 beds \| 2 baths \| 1,793 sq.ft.	$460,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.95% Airbnb Rental Income: $1565 Traditional Rental Income: $2643 Airbnb ROI: 0.4% Traditional ROI: 3.95%
11822 E 15th Ave Spokane Valley, WA BEST SQUARE FOOT DEAL IN THE SPOKANE VALLEY!! This charming rancher offers easy, comfortab...	4 beds \| 2 baths \| 2,432 sq.ft.	$409,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 2.78% Airbnb Rental Income: $2006 Traditional Rental Income: $1920 Airbnb ROI: 1.64% Traditional ROI: 2.78%
11 N DRUMMOND St Spokane Valley, WA New Construction Near Liberty Lake...Ready in July! This two story plan features a 12' x 1...	3 beds \| 3 baths \| 1,850 sq.ft.	$461,001	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.11% Airbnb Rental Income: $1565 Traditional Rental Income: $2717 Airbnb ROI: 0.4% Traditional ROI: 4.11%
9 N DRUMMOND St Spokane Valley, WA New Construction Near Liberty Lake...Ready in July! This two story plan features a 12' x 1...	3 beds \| 3 baths \| 2,360 sq.ft.	$491,007	Airbnb cash on cash: 0.25% Traditional cash on cash: 3.8% Airbnb Rental Income: $1565 Traditional Rental Income: $2745 Airbnb ROI: 0.25% Traditional ROI: 3.8%
10505 E 10th Ave Spokane Valley, WA Beautifully maintained home offering a blend of comfort, functionality, and thoughtful upd...	5 beds \| 2 baths \| 2,012 sq.ft.	$342,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 3.96% Airbnb Rental Income: $2183 Traditional Rental Income: $1933 Airbnb ROI: 3.02% Traditional ROI: 3.96%
15621 E Saltese Rd Spokane Valley, WA One-of-a-kind Spokane Valley home in the highly desirable Central Valley School District f...	3 beds \| 2 baths \| 2,100 sq.ft.	$374,999	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.29% Airbnb Rental Income: $1565 Traditional Rental Income: $1964 Airbnb ROI: 0.87% Traditional ROI: 3.29%
9816 E Broadway Ave Spokane Valley, WA Completely renovated in 2022, this spacious 3-bedroom, 2.5-bath single-family home offers ...	3 beds \| 3 baths \| 2,040 sq.ft.	$395,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 6.45% Airbnb Rental Income: $1565 Traditional Rental Income: $3198 Airbnb ROI: 0.83% Traditional ROI: 6.45%
1725 N Park Rd Spokane Valley, WA This highly visible corner lot is zoned industrial & offers excellent exposure for a varie...	3 beds \| 2 baths \| 2,099 sq.ft.	$379,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.33% Airbnb Rental Income: $1565 Traditional Rental Income: $2737 Airbnb ROI: 0.76% Traditional ROI: 5.33%
18104 E Maxwell Ave Spokane Valley, WA You Had Me at the Shop! Exceptional Spokane Valley home with a 36x60 insulated shop featur...	3 beds \| 2 baths \| 1,824 sq.ft.	$539,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.15% Airbnb Rental Income: $1565 Traditional Rental Income: $2605 Airbnb ROI: 0.2% Traditional ROI: 3.15%
9906 E 17th Ln Spokane Valley, WA Tucked away on a peaceful dead-end street, this nicely updated 4 bedroom home offers a cle...	4 beds \| 2 baths \| N/A	$360,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 5.87% Airbnb Rental Income: $2006 Traditional Rental Income: $2801 Airbnb ROI: 1.97% Traditional ROI: 5.87%
1955 S Century Ln Spokane Valley, WA Experience the elegance of Whisperwood, a premier 55+ gated community designed for effortl...	3 beds \| 3 baths \| 2,328 sq.ft.	$398,700	Airbnb cash on cash: 0.03% Traditional cash on cash: 4.81% Airbnb Rental Income: $1565 Traditional Rental Income: $2901 Airbnb ROI: 0.03% Traditional ROI: 4.81%

Real Estate investment in Spokane-valley, WA

There are 159 properties for sale in the city of Spokane Valley . The median list price in Spokane Valley is $429,743 and the average price per square foot is $190. In July 2026, the average monthly cash on cash return in Spokane Valley is 4.00%. The average monthly rental income in Spokane Valley is $2,683.

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

There are 159 investment properties available for sale in Spokane-valley.

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

The ROI for Long-Term is higher than the Short-Term in Spokane-valley with average rental income of $2,683.

Your search for investment property begins and ends here

Investment Property for Sale in Spokane Valley, WA

11723 E 4th Ave

Spokane Valley, WA

2 beds | 2 baths | 2,084 sq.ft.

$410,000

Airbnb cash on cash: -0.57%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $896

Traditional Rental Income: $2030

Airbnb ROI: -0.57%

Traditional ROI: 3.26%

1816 S Viewcrest Ln

Spokane Valley, WA

4 beds | 4 baths | 3,633 sq.ft.

$469,900

Airbnb cash on cash: 0.2%

Traditional cash on cash: 5.06%

Airbnb Rental Income: $2006

Traditional Rental Income: $3620

Airbnb ROI: 0.2%

Traditional ROI: 5.06%

31 S Arties Ln

Spokane Valley, WA

3 beds | 3 baths | 1,614 sq.ft.

$410,000

Airbnb cash on cash: 0.77%

Traditional cash on cash: 3.42%

Airbnb Rental Income: $1565

Traditional Rental Income: $2134

Airbnb ROI: 0.77%

Traditional ROI: 3.42%

11722 E Jackson Ln

Spokane Valley, WA

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

$490,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 2.72%

Airbnb Rental Income: $2006

Traditional Rental Income: $2275

Airbnb ROI: 0.99%

Traditional ROI: 2.72%

19715 E 11th Ave

Spokane Valley, WA

3 beds | 3 baths | 2,384 sq.ft.

$709,000

Airbnb cash on cash: -0.39%

Traditional cash on cash: 1.99%

Airbnb Rental Income: $1565

Traditional Rental Income: $2683

Airbnb ROI: -0.39%

Traditional ROI: 1.99%

18717 E RIVERSIDE St

Spokane Valley, WA

3 beds | 2 baths | 1,907 sq.ft.

$464,329

Airbnb cash on cash: 0.38%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1565

Traditional Rental Income: $2721

Airbnb ROI: 0.38%

Traditional ROI: 4.08%

2539 S Man O War Ln

Spokane Valley, WA

4 beds | 3 baths | 2,711 sq.ft.

$799,500

Airbnb cash on cash: -0.25%

Traditional cash on cash: 1.36%

Airbnb Rental Income: $2006

Traditional Rental Income: $2682

Airbnb ROI: -0.25%

Traditional ROI: 1.36%

11206 E 27th Ave

Spokane Valley, WA

4 beds | 2 baths | 1,811 sq.ft.

$649,200

Airbnb cash on cash: 0.32%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $2006

Traditional Rental Income: $2156

Airbnb ROI: 0.32%