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Spokane Valley multifamily for sale

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Cap rate, cash flow and cash-on-cash are Beal Estate NW’s own analysis, not MLS data — they follow the financing assumptions shown on this page, and they are not a valuation of the property and not investment advice. Talk to your lender, your accountant and your own advisers before you rely on any of it. MLS GridListings courtesy of Spokane REALTORS® as distributed by MLS Grid. Based on information submitted to the MLS GRID as of 10/7/2026, 6:15:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of the data on this site is prohibited. Deemed reliable but not guaranteed accurate by MLS Grid. Verify everything before you write an offer. 2 on-market listings are not shown here because the seller or the listing broker withheld internet display. This site shows multifamily listings only; some IDX listings have been excluded from this website. Returns are computed at our standard assumptions and are the same figures Beal Estate NW works from; sign up free to put your own numbers in. The market in five numbers · Free Deal Sheet
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6.5%+5.0%–6.5%under 5.0%Listed in Spokane: 5.5% (235 of 243 listings)
10516-10606 E Main Ave$1.95M~10.0% cap▲1.1 pts at market rents22 units · built 1962143 days on market10516-10606 E Main Ave2012 N Park Rd$970K~6.7% cap▲1.1 pts at market rents8 units · built 1956237 days on market2012 N Park Rd1721 N Bessie Ln$995K~6.0% cap▼0.5 pts at market rents3 units · built 201290 days on market1721 N Bessie Ln1704 N Bessie Ln$700K~5.9% cap▼0.7 pts at market rents2 units · built 201291 days on market1704 N Bessie Ln1716 N Bessie Ln$625K~5.6% cap2 units · built 2012112 days on market1716 N Bessie Ln4115 S Bowdish Rd$800K~5.6% cap▼0.9 pts at market rents2 units · built 200590 days on market4115 S Bowdish Rd1720 N Bessie Ln$625K~5.4% cap▲0.3 pts at market rents2 units · built 199591 days on market1720 N Bessie Ln1710 N Bessie Ln$625K~5.3% cap▲0.3 pts at market rents2 units · built 201191 days on market1710 N Bessie Ln12123 E 22nd Ave$590K~5.1% cap▲0.8 pts at market rents2 units · built 1968120 days on market12123 E 22nd Ave7307 E 6th Ave$675K~5.0% cap▲2.2 pts at market rents6 units · built 1956149 days on market7307 E 6th Ave310 S Union Rd$540K~5.0% cap▲2.1 pts at market rents2 units · built 201035 days on market310 S Union Rd308 S Woodlawn Ln$640K~4.9% cap▲0.4 pts at market rents2 units · built 2023321 days on market308 S Woodlawn Ln1615 N Selkirk Rd$765K~4.9% cap▼0.3 pts at market rents2 units · built 202686 days on market1615 N Selkirk Rd1519 N Bell St$8.97M~4.9% cap▼0.3 pts at market rents24 units · built 2023296 days on market1519 N Bell St201-312 S Woodlawn Ln$4.26M~4.9% cap▼0.1 pts at market rents13 units · built 2023321 days on market201-312 S Woodlawn Ln11704 E VALLEYWAY Ave$600K~4.9% cap▲0.3 pts at market rents2 units · built 202336 days on market11704 E VALLEYWAY Ave15010 E 2nd Ave$529K~4.8% cap▲0.4 pts at market rents2 units · built 1977135 days on market15010 E 2nd Ave10811 E Mission Ave$700K~4.8% cap▼0.4 pts at market rents2 units · built 2019188 days on market10811 E Mission Ave1321 N Coach Dr$725K~4.6% cap▼0.2 pts at market rents2 units · built 2021203 days on market1321 N Coach Dr1313 N Coach Dr$725K~4.6% cap▼0.2 pts at market rents2 units · built 2021203 days on market1313 N Coach Dr16108 E Broadway Ave$400K~4.6% cap▲1.1 pts at market rents2 units · built 1971119 days on market16108 E Broadway Ave11515 E 10th Ave$429K~4.5% cap2 units · built 196141 days on market11515 E 10th Ave7314 E 7th Ave$550K~4.5% cap▲4.0 pts at market rents4 units · built 194266 days on market7314 E 7th Ave13803 E Rich Ave$720K~4.4% cap▲1.1 pts at market rents2 units · built 2024280 days on market13803 E Rich Ave1305 N Coach Dr$725K~4.4% cap▲0.1 pts at market rents2 units · built 2021203 days on market1305 N Coach Dr3921 S Johnson St$560K~4.0% cap▲3.3 pts at market rents2 units · built 197891 days on market3921 S Johnson St7805 E Baldwin Ave$725K~3.7% cap▲1.0 pts at market rents2 units · built 202027 days on market7805 E Baldwin Ave1206 N Marcus Rd$449K~2.9% cap▲1.7 pts at market rents2 units · built 197677 days on market1206 N Marcus Rd17327 E Trent Ave$895K~1.7% cap▲1.8 pts at market rents3 units · built 194971 days on market17327 E Trent Ave