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.

Townhouses for Sale in Spokane Valley, WA

Search for Townhouses for Sale in Spokane Valley, Washington. Browse all of Mashvisor’s Townhouses listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 118 Townhouses listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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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: -0.38% Traditional cash on cash: 3.26% Airbnb Rental Income: $982 Traditional Rental Income: $2030 Airbnb ROI: -0.38% Traditional ROI: 3.26%
1816 S Viewcrest Ln Spokane Valley, WA Easy South Hill living set within the established townhouse community of Carnahan Crest. T...	4 beds \| 4 baths \| 3,633 sq.ft.	$489,900	Airbnb cash on cash: -1.37% Traditional cash on cash: 4.81% Airbnb Rental Income: $1169 Traditional Rental Income: $3620 Airbnb ROI: -1.37% Traditional ROI: 4.81%
18003 E Mission Ave Spokane Valley, WA Farmhouse charm meets serious upside on an oversized .52-acre lot in the heart of Spokane ...	3 beds \| 2 baths \| 2,045 sq.ft.	$279,500	Airbnb cash on cash: 0.99% Traditional cash on cash: 4.44% Airbnb Rental Income: $1379 Traditional Rental Income: $1869 Airbnb ROI: 0.99% Traditional ROI: 4.44%
5316 E 18th Ln Spokane Valley, WA Spacious, custom Gordon Finch home is tucked away on a quiet culdesac minutes from ameniti...	4 beds \| 3 baths \| 3,350 sq.ft.	$575,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 1.78% Airbnb Rental Income: $1169 Traditional Rental Income: $2290 Airbnb ROI: -1.02% Traditional ROI: 1.78%
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%
7105 S Saddle Ridge Ln Spokane Valley, WA Nestled on 10 private, tree-covered acres in gated Saddle Ridge Estates, this stunning hom...	4 beds \| 4 baths \| 4,450 sq.ft.	$1,000,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 1.52% Airbnb Rental Income: $1169 Traditional Rental Income: $3238 Airbnb ROI: -1.11% Traditional ROI: 1.52%
1021 N Willow Rd Spokane Valley, WA Spokane Valley home. Brand new interior! Remodeled from the studs. New wiring, plumbing, i...	4 beds \| 2 baths \| 1,912 sq.ft.	$464,900	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.99% Airbnb Rental Income: $1169 Traditional Rental Income: $2689 Airbnb ROI: -0.38% Traditional ROI: 3.99%
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%
524 N Long Rd Spokane Valley, WA Rare Spokane Valley opportunity with built-in income potential! This 2017 custom home offe...	3 beds \| 3 baths \| 2,022 sq.ft.	$569,900	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.51% Airbnb Rental Income: $1379 Traditional Rental Income: $2433 Airbnb ROI: -0.25% Traditional ROI: 2.51%
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%
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%
6300 E 2nd Ave Spokane Valley, WA Welcome to Valley Breeze, a 55+ manufactured home community perfectly situated between Spo...	3 beds \| 3 baths \| 1,080 sq.ft.	$115,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 11.7% Airbnb Rental Income: $1379 Traditional Rental Income: $2128 Airbnb ROI: 1.19% Traditional ROI: 11.7%
13013 E 22nd Ave Spokane Valley, WA Discover comfort and modern updates in this beautifully maintained home. The upstairs feat...	4 beds \| 2 baths \| 2,288 sq.ft.	$380,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 4.68% Airbnb Rental Income: $1169 Traditional Rental Income: $2479 Airbnb ROI: -0.07% Traditional ROI: 4.68%
13604/06 E Nora Ave Spokane Valley, WA Multi Family and Prime Investment Opportunity - High Traffic/Multi-Use Property Along I-90...	4 beds \| N/A baths \| 3,328 sq.ft.	$850,000	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.71% Airbnb Rental Income: $1169 Traditional Rental Income: $2710 Airbnb ROI: -0.73% Traditional ROI: 1.71%
8412 E Bull Pine Ln Spokane Valley, WA Discover tranquility in the desirable Northwood area of Spokane Valley! This beautifully u...	5 beds \| 3 baths \| 2,632 sq.ft.	$499,900	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.6% Airbnb Rental Income: $1558 Traditional Rental Income: $2277 Airbnb ROI: 0.11% Traditional ROI: 2.6%
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: -0.91% Traditional cash on cash: 1.2% Airbnb Rental Income: $1169 Traditional Rental Income: $2156 Airbnb ROI: -0.91% 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: -0.14% Traditional cash on cash: 2.06% Airbnb Rental Income: $1169 Traditional Rental Income: $2313 Airbnb ROI: -0.14% Traditional ROI: 2.06%
19215 E Marietta Ave Spokane Valley, WA Looking for a fantastic home without breaking the bank...well this is it! This quaint manu...	3 beds \| 2 baths \| 1,536 sq.ft.	$250,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 7.49% Airbnb Rental Income: $1379 Traditional Rental Income: $2286 Airbnb ROI: 1.88% Traditional ROI: 7.49%
2520 N Bradley Rd Spokane Valley, WA Welcome to this 2,000 sq ft rancher just outside of Millwood, sitting on over a third of a...	4 beds \| 2 baths \| 2,008 sq.ft.	$379,995	Airbnb cash on cash: 0% Traditional cash on cash: 4.94% Airbnb Rental Income: $1169 Traditional Rental Income: $2548 Airbnb ROI: 0% Traditional ROI: 4.94%
1925 N Coach Dr Spokane Valley, WA Located on a peaceful cul-de-sac 1 block from serene river access, this newly painted Spok...	3 beds \| 3 baths \| 2,700 sq.ft.	$450,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 4.41% Airbnb Rental Income: $1379 Traditional Rental Income: $2459 Airbnb ROI: 0.85% Traditional ROI: 4.41%
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 unit: 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.	$209,900	Airbnb cash on cash: -0.78% Traditional cash on cash: 5.05% Airbnb Rental Income: $982 Traditional Rental Income: $1790 Airbnb ROI: -0.78% Traditional ROI: 5.05%
11512 E Valleyway Ave Spokane Valley, WA Tucked away on over half an acre, this Central Valley home offers space, charm, and flexib...	4 beds \| 2 baths \| 2,332 sq.ft.	$465,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 3.23% Airbnb Rental Income: $1169 Traditional Rental Income: $2263 Airbnb ROI: -0.17% Traditional ROI: 3.23%
4401 N Best Rd Spokane Valley, WA Enjoy easy single-level living in this inviting open-concept home. The bright, flowing lay...	3 beds \| 1 baths \| 1,061 sq.ft.	$344,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 5.45% Airbnb Rental Income: $1379 Traditional Rental Income: $2441 Airbnb ROI: 0.87% Traditional ROI: 5.45%
1816 S Ridgetop Dr Spokane Valley, WA NEW PRICE! Stunning Greenstone home offers the perfect blend of comfort & functionality w/...	4 beds \| 3 baths \| 3,114 sq.ft.	$715,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.92% Airbnb Rental Income: $1169 Traditional Rental Income: $3443 Airbnb ROI: -1.06% Traditional ROI: 2.92%
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%
15118 E 1St Ave Spokane Valley, WA IMPECCABLY MAINTAINED HOME! A DELIGHT TO SHOW! EXTRA LARGE LIVING ROOM, EXTRA LARGE BEDROO...	3 beds \| 2 baths \| N/A	$299,950	Airbnb cash on cash: 1.07% Traditional cash on cash: 6.54% Airbnb Rental Income: $1379 Traditional Rental Income: $2504 Airbnb ROI: 1.07% Traditional ROI: 6.54%
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.	$615,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 4.69% Airbnb Rental Income: $1558 Traditional Rental Income: $3436 Airbnb ROI: 0.64% Traditional ROI: 4.69%
309 N Raymond Rd unit: 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.	$170,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 6.81% Airbnb Rental Income: $982 Traditional Rental Income: $1543 Airbnb ROI: 1.18% Traditional ROI: 6.81%
1313 S WILBUR Rd Spokane Valley, WA New Year, New opportunity, New Price This South Spokane Valley rancher has a new price and...	3 beds \| 1 baths \| 2,034 sq.ft.	$455,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.7% Airbnb Rental Income: $1379 Traditional Rental Income: $1591 Airbnb ROI: 0.22% Traditional ROI: 1.7%
11613 E 48th Ave Spokane Valley, WA This inviting 4-bedroom, 3-bath home in the desirable South Ponderosa neighborhood sits on...	4 beds \| 3 baths \| 2,136 sq.ft.	$495,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 4.62% Airbnb Rental Income: $1169 Traditional Rental Income: $3082 Airbnb ROI: -0.34% Traditional ROI: 4.62%
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.	$450,000	Airbnb cash on cash: 0.51% Traditional cash on cash: 4.39% Airbnb Rental Income: $1558 Traditional Rental Income: $2744 Airbnb ROI: 0.51% Traditional ROI: 4.39%
11616 E Jackson Ave Spokane Valley, WA ESTATE SALE! Fixer property on a nice lot with a 440 sqft metal shop w/power. Home was ori...	2 beds \| 2 baths \| 1,292 sq.ft.	$150,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 11.99% Airbnb Rental Income: $982 Traditional Rental Income: $2067 Airbnb ROI: 1.98% Traditional ROI: 11.99%
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.	$430,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.67% Airbnb Rental Income: $1169 Traditional Rental Income: $2736 Airbnb ROI: -0.18% Traditional ROI: 4.67%
9523 E Michielli Ln Spokane Valley, WA Hop over to see this Spring Beauty. Efficient new home that saves you an average of 20-25%...	3 beds \| 3 baths \| 2,360 sq.ft.	$488,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 5.42% Airbnb Rental Income: $1379 Traditional Rental Income: $3132 Airbnb ROI: 0.67% Traditional ROI: 5.42%
9519 E Michielli Ln Spokane Valley, WA Hop by and check out this new home. Save an average of 20-25% on your power bills with the...	3 beds \| 3 baths \| 1,850 sq.ft.	$458,900	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.49% Airbnb Rental Income: $1379 Traditional Rental Income: $2983 Airbnb ROI: 0.78% Traditional ROI: 5.49%

Your search for investment property begins and ends here

Townhouses 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: -0.38%

Traditional cash on cash: 3.26%

Airbnb Rental Income: $982

Traditional Rental Income: $2030

Airbnb ROI: -0.38%

Traditional ROI: 3.26%

1816 S Viewcrest Ln

Spokane Valley, WA

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

$489,900

Airbnb cash on cash: -1.37%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $1169

Traditional Rental Income: $3620

Airbnb ROI: -1.37%

Traditional ROI: 4.81%

18003 E Mission Ave

Spokane Valley, WA

3 beds | 2 baths | 2,045 sq.ft.

$279,500

Airbnb cash on cash: 0.99%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $1379

Traditional Rental Income: $1869

Airbnb ROI: 0.99%

Traditional ROI: 4.44%

5316 E 18th Ln

Spokane Valley, WA

4 beds | 3 baths | 3,350 sq.ft.

$575,000

Airbnb cash on cash: -1.02%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $1169

Traditional Rental Income: $2290

Airbnb ROI: -1.02%

Traditional ROI: 1.78%

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%

7105 S Saddle Ridge Ln

Spokane Valley, WA

4 beds | 4 baths | 4,450 sq.ft.

$1,000,000

Airbnb cash on cash: -1.11%

Traditional cash on cash: 1.52%

Airbnb Rental Income: $1169

Traditional Rental Income: $3238

Airbnb ROI: -1.11%

Traditional ROI: 1.52%

1021 N Willow Rd

Spokane Valley, WA

4 beds | 2 baths | 1,912 sq.ft.

$464,900

Airbnb cash on cash: -0.38%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $1169

Traditional Rental Income: $2689

Airbnb ROI: -0.38%

Traditional ROI: 3.99%

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%