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Spokane apartment buildings 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)
1925 W 25th Ave$565K~12.2% capUnusually high▲2.0 pts at market rents6 units · built 189337 days on market1925 W 25th Ave224 S Howard St$1.8M~10.1% capUnusually high▲20.2 pts at market rents42 units · built 1908377 days on market224 S Howard St2214 W Northwest Blvd$480K~9.1% cap▼0.8 pts at market rents6 units · built 1939104 days on market2214 W Northwest Blvd1412 N Post St$2M~8.7% cap▲1.7 pts at market rents20 units · built 191451 days on market1412 N Post St702 S Bernard St$2M~8.1% cap▼0.2 pts at market rents15 units · built 191351 days on market702 S Bernard St507 S Howard St$4.25M~7.8% cap▲0.7 pts at market rents30 units · built 1912328 days on market507 S Howard St1103 W 9th Ave$1.02M~7.8% cap▲2.3 pts at market rents9 units · built 190448 days on market1103 W 9th Ave1515-1519 W Sharp Ave$1.9M~7.8% cap▲0.7 pts at market rents16 units · built 197734 days on market1515-1519 W Sharp Ave802 E Baldwin Ave$539K~7.7% cap▲2.7 pts at market rents6 units · built 1900169 days on market802 E Baldwin Ave209 E Sprague Ave$750K~7.7% cap▲2.6 pts at market rents7 units · built 1927377 days on market209 E Sprague Ave1828 W 9th Ave$650K~7.5% cap▲2.7 pts at market rents6 units · built 1908343 days on market1828 W 9th Ave1424 W 10th Ave$895K~7.5% cap▲1.7 pts at market rents8 units · built 1911538 days on market1424 W 10th Ave1119 W Augusta Ave$831K~7.3% cap▲1.6 pts at market rents8 units · built 190565 days on market1119 W Augusta Ave29 E 6TH Ave$2.7M~7.3% cap▲2.6 pts at market rents20 units · built 197817 days on market29 E 6TH Ave1621 W 9TH Ave$495K~7.3% cap▲2.2 pts at market rents5 units · built 190783 days on market1621 W 9TH Ave1405 W 8th Ave$1.6M~7.2% cap▲1.2 pts at market rents13 units · built 196271 days on market1405 W 8th Ave2109 W Pacific Ave$800K~7.2% cap▲0.3 pts at market rents5 units · built 1909180 days on market2109 W Pacific Ave2808 E EVERETT Ave$835K~6.8% cap▲1.2 pts at market rents6 units · built 197718 days on market2808 E EVERETT Ave1704 N Ash St$495K~6.7% cap▲5.6 pts at market rents7 units · built 1911209 days on market1704 N Ash St1427 W 7th Ave$645K~6.6% cap▲2.1 pts at market rents6 units · built 1902192 days on market1427 W 7th Ave611 S Bernard St$695K~6.5% cap▲3.1 pts at market rents8 units · built 1900118 days on market611 S Bernard St1722 W 11th Ave$915K~6.3% cap▲1.1 pts at market rents8 units · built 191458 days on market1722 W 11th Ave943 E Augusta Ave$895K~6.2% cap▲2.2 pts at market rents8 units · built 196422 days on market943 E Augusta Ave220 S Elm St$1.35M~6.2% cap▲2.9 pts at market rents14 units · built 1953744 days on market220 S Elm St505 E Hawthorne Rd$4.5M~6.2% cap▼0.9 pts at market rents18 units · built 2025113 days on market505 E Hawthorne Rd2914 E Sinto Ave$1.2M~6.0% cap▲0.1 pts at market rents5 units · built 191299 days on market2914 E Sinto Ave6119-6123 N Colton St$2M~6.0% cap▲3.2 pts at market rents20 units · built 196569 days on market6119-6123 N Colton St1708 W Gardner Ave$800K~5.9% cap▼1.3 pts at market rents7 units · built 191090 days on market1708 W Gardner Ave418 E Mission Ave$1.05M~5.9% cap15 units · built 1905192 days on market418 E Mission Ave6511 N Atlantic St$1.79M~5.8% cap▲0.1 pts at market rents10 units · built 1964New — 7 days6511 N Atlantic St2626 N Hemlock St$835K~5.8% cap▲4.4 pts at market rents8 units · built 1958141 days on market2626 N Hemlock St3222-3224 N Madison St$1.25M~5.5% cap▲1.7 pts at market rents8 units · built 1994175 days on market3222-3224 N Madison St1824 W 2nd Ave$725K~5.3% cap▲0.5 pts at market rents5 units · built 1903224 days on market1824 W 2nd Ave5012 N Regal St$1.1M~4.8% cap▲4.0 pts at market rents10 units · built 1910237 days on market5012 N Regal St5524 N Driscoll Blvd$1.35M~4.3% cap▲1.0 pts at market rents6 units · built 201920 days on market5524 N Driscoll Blvd$1.05M~3.9% cap▲0.1 pts at market rents7 units · built 1909185 days on marketAddress withheld1001 AUGUSTA Ave$685K~-0.8% cap▲1.1 pts at market rents7 units · built 190218 days on market1001 AUGUSTA Ave3133 N Stuart St$750K— cap5 units · built 1955New — 3 days3133 N Stuart St3134 A, B & C N Stuart St$3.69M— cap10 units · built 2024New — 2 days3134 A, B & C N Stuart St3165 N Stuart St$1.58M— cap6 units · built 2024New — 2 days3165 N Stuart St