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Spokane multifamily for sale

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2 listings we could not place on the map — the seller withheld the address, or the feed carried no location.

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 St2224 N Park Rd$275K~8.2% cap▼1.9 pts at market rents2 units · built 1935111 days on market2224 N Park Rd702 S Bernard St$2M~8.1% cap▼0.2 pts at market rents15 units · built 191351 days on market702 S Bernard St2115 W Dean Ave$315K~8.1% cap▲1.9 pts at market rents3 units · built 1898128 days on market2115 W Dean Ave507 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 Ave1130 W Nora Ave$349K~7.8% cap▲3.9 pts at market rents4 units · built 1903New — 2 days1130 W Nora 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 Ave2515 W Dean Ave$360K~7.7% cap▼2.4 pts at market rents2 units · built 191234 days on market2515 W Dean Ave802 E Baldwin Ave$539K~7.7% cap▲2.7 pts at market rents6 units · built 1900169 days on market802 E Baldwin Ave3003 E 30th Ave$750K~7.7% cap▼3.7 pts at market rents3 units · built 201771 days on market3003 E 30th 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 Ave2012 N Cincinnati St$435K~7.4% cap▲0.8 pts at market rents3 units · built 189952 days on market2012 N Cincinnati St1227 N Division St$530K~7.4% cap▲0.3 pts at market rents3 units · built 1903182 days on market1227 N Division St420 E Euclid Ave$675K~7.4% cap▼2.3 pts at market rents2 units · built 2026New — 7 days420 E Euclid 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 Ave3015 & 3015 1/2 N POST St$245K~7.1% cap▲1.5 pts at market rents2 units · built 188777 days on market3015 & 3015 1/2 N POST St1823 S Grand Blvd$630K~7.0% cap▼1.7 pts at market rents2 units · built 1923147 days on market1823 S Grand Blvd420 W Shannon Ave$399K~7.0% cap▼1.5 pts at market rents2 units · built 189129 days on market420 W Shannon Ave1207 W Shannon Ave$329K~7.0% cap▼1.4 pts at market rents2 units · built 1900New — 6 days1207 W Shannon Ave816 E Gordon Ave$355K~6.8% cap▼1.0 pts at market rents2 units · built 192578 days on market816 E Gordon Ave3415 S Grand Blvd$775K~6.8% cap▼2.2 pts at market rents3 units · built 1909New — 7 days3415 S Grand Blvd907 W Montgomery Ave$245K~6.8% cap▲1.1 pts at market rents2 units · built 190556 days on market907 W Montgomery Ave1316 W Dean Ave$499K~6.8% cap▲0.3 pts at market rents3 units · built 190130 days on market1316 W Dean Ave603 W Augusta Ave$350K~6.8% cap▲2.5 pts at market rents3 units · built 190251 days on market603 W Augusta 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 St609 E EUCLID Ave$598K~6.7% cap▼0.7 pts at market rents4 units · built 195628 days on market609 E EUCLID Ave1427 W 7th Ave$645K~6.6% cap▲2.1 pts at market rents6 units · built 1902192 days on market1427 W 7th Ave407 E 11th Ave$350K~6.6% cap2 units · built 190125 days on market407 E 11th Ave611 S Bernard St$695K~6.5% cap▲3.1 pts at market rents8 units · built 1900118 days on market611 S Bernard St