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$10,850,000
202615194 MLS
New Construction "42 Unit - Mason Apartment Complex" on nearly an Acre Site! There are 36 - 2 Bedroom/2 Bathroom Units and 6 - 1 Bedroom/1 Bathroom Units. Each Unit will be well appointed to include Hard Surface Countertops, Laminate Flooring, 10’ Ceilings and Primary Bedrooms have Walk-in Closets. All Units have Mini-splits or PTAC units for Heating & Cooling, full appliance packages including washer and dryer, and each unit also has a Private Patio or Deck. There are 85 Parking Spots (with 12 EV Stalls) and the Security Gate is Roughed-in for the Parking Lot – Asphalt is done and parking lines painted! RENT STUDY - 1 Bed/1 Bath Units (6 total) at $1,350.00 each and 2 Bed/2 Bath (36 total) at $1,825.00 each for a monthly estimate of $73,800.00. Annual Total Income - $885,600.00. Total Annual Expenses (estimated) are $243,008.00 and the NOI - $624,879.00. Approximate Completion Date is July 2026.

11802 E Main Ave, Spokane Valley

$9,050,000
202527734 MLS
This rare opportunity features a portfolio of 12 recently constructed duplexes in Spokane Valley, offering investors immediate scale, strong in-place income, and minimal deferred maintenance. The portfolio totals 24 spacious 3-bedroom, 2-bathroom units, each designed for long-term tenant appeal and operational efficiency. Units are finished with durable LVP flooring, stainless steel appliances, in-unit laundry, and separate attached garages for each unit, supporting strong tenant retention and consistent leasing performance. The portfolio boasts a proven rental history and is currently 95.5% occupied, generating approximately $56,492 in monthly rental income. This offering provides a turnkey investment with stable cash flow, modern construction, and long-term upside in one of Spokane Valley’s most resilient rental markets. Ideal for investors seeking scale, predictability, and low-maintenance assets with strong fundamentals and future growth potential.

1519 N Bell St, Spokane Valley

$5,800,000
202525179 MLS
Amazing, Well maintained, Spokane Valley Town Homes! 16 total units built in 2021, located on four parcels totaling nearly 1 acre, on a private lane. Each unit offers 3Bd, 2.5Bth, with attached garages and individually fenced back yards. Each home features, quality laminate flooring, quartz counter tops, breakfast bar, stainless steel appliances, open great room layout, plus the master suites feature double sinks, oversize glass door showers and walk-in closets. The homes also offer gas forced air heat w/central A/C. The yards are low maintenance for easy care. Just 1/2 block from the Appleway trail, plus quick and easy access to shopping and schools and just a few minutes to I-90 at Pines Rd. Great investment with excellent cash flow! Each 4-Plex has it's own parcel number, but they are being sold together.

11904,11905,119 E Spruce Ln, Spokane Valley

$4,265,000
202527043 MLS
Incredible investment opportunity in Spokane Valley! This portfolio includes six modern duplexes and one single-family home, all newly built in 2023 with high-end finishes and strong rental appeal. Each duplex offers two mirror-image units with 3 beds, 2.5 baths, 1,455 sq ft per side, open-concept living, LVP flooring, and stainless steel appliances. The single-family home mirrors the interior design with 3 beds, 2.5 baths, and 1,766 sq ft. Located in a quiet neighborhood near schools, parks, and freeway access. Tenants enjoy stylish, low-maintenance living, while investors benefit from new construction and consistent income potential. This 13-door package offers a rare chance to secure high-quality, low-maintenance assets in a growing area.

201-312 S Woodlawn Ln, Spokane Valley

$3,095,000
26-3671 MLS
SVN Cornerstone is pleased to present the Felts Townhomes for sale located at 303-314 S Felts Ln in the Spokane Valley. The Felts Townhomes consist of 12 two story townhome units, each offering two bedrooms and one and a half bathrooms. The property features newer construction with high end finishes, dedicated covered carports for each unit, in unit washer and dryer, and an on site community garden for residents. 8 of the 12 units were built in 2016 and 4 of the 12 units were completed in 2025, Each unit includes LVP flooring, stainless steel appliances, hard surface countertops, ductless heating and cooling, private patios, in unit washer and dryer, and covered carport parking Spokane Valley location with lower utility costs Desirable Dishman Hills location with easy access to I-90, schools, parks,and employment Current rents average $1,656 versus $1,750 market rents

303 Felts, Spokane Valley

$3,095,000
202611680 MLS
Felts Townhomes is a 12-unit, two-story townhome property in Spokane Valley near Dishman Hills. The property features newer construction, with eight units built in 2016 and four additional units completed in 2025, offering modern systems and low maintenance. Each townhome includes LVP flooring, stainless steel appliances, hard-surface countertops, ductless heating and cooling, in-unit washer and dryer, private patios, and covered carport parking. The property is in an investor-friendly location with lower utility costs, tenant-paid garbage, a 90-day rent increase notice period, and fewer regulations than the City of Spokane. Strong rental demand is driven by access to I-90, schools, parks, and nearby employment, supported by average household incomes of approximately $152,588 within one mile. In-place rents average $1,656 versus estimated market rents of $1,750, offering immediate upside. Separate parcels allow flexibility to sell up to four units individually.

303-314 S Felts Ln Ln, Spokane Valley

$1,990,000
202618118 MLS
Perched above Spokane Valley off Dishman Mica Rd, the 130± acres of Happy Hill Dr offer an exceptional opportunity to own one of the area’s most scenic & private large-acreage properties. Behind a gated entrance, a paved drive winds through rolling timbered terrain, open meadows, and dramatic elevation changes, revealing panoramic views of Spokane Valley, Mica Peak, Mt Spokane, and surrounding mountain ranges. Multiple premier build sites provide flexibility for a luxury estate, retreat, or family compound, all just minutes from Spokane Valley amenities. Bordering the Dishman Hills Natural Area, the property offers direct access to Iller Creek & the Rocks of Sharon, with endless opportunities for hiking, horseback riding, wildlife viewing, and recreation. Wildlife including deer, elk, turkey, and moose roam the diverse landscape of pines, firs, grassy benches, and seasonal creek bottoms. A strong 10-GPM well, power at the primary homesite, and three separate parcels add versatility and development potential.

10610 E Grouse Mountain Ln, Spokane Valley

$1,849,999
4 Beds 4 Baths 202618274 MLS
Discover serenity in this beautiful custom built home located on 5 acres in the valley while remaining private and secluded. This 2-story home is a true gem, offering the perfect blend of modern luxury and natural beauty. The heart of the home is the formal living room, flooded with abundant natural light and floor to ceiling windows. Cozy gas fireplace visible through to your chefs dream kitchen, complete with SS appliances, 48in gas range, 36in apron sink, & an oversized island. Huntwood cabinets throughout the entire home, luxury lvp flooring, quartz countertops and custom tile in everything space (heated tile floors in main floor bathrooms and laundry). Additional family room in the basement with an electric fireplace and kitchen bar making it the perfect home for entertaining. Enjoy the seasonal creek and the trees surrounding it on land with so much potential. If you're looking for peace and tranquility, this is the home for you.

821 S Steen Rd, Spokane Valley

$1,800,000
8 Beds 6 Baths 202617817 MLS
STUNNING RIVERFRONT DUPLEX designed for those who expect nothing short of an extraordinary living environment & lifestyle. Duplex must be purchased with adjacent duplex, which is 0 Lot line. MLS#202617818. Situated on a rare .76-acre parcel w/90 ft of Spokane River frontage, this exceptional Cedar home offers unmatched versatility for multigenerational living, luxury owner-occupied use or a premier investment opportunity. Each side features 4 spacious bedrooms & 3 bathrooms thoughtfully designed with comfort, privacy & functionality in mind. Both units include attached 2 car garages, providing ample storage & convenience. 50x28 ft detached 2-story shop adds tremendous value—ideal for hobbies, recreational vehicles, add'l storage or business use. Enjoy the serenity of riverfront living w/ direct access to the Centennial Trail & endless outdoor recreation including biking, walking, kayaking & fishing. Despite the peaceful setting, the location is remarkably convenient, only minutes to services & freeway access!

18319 E Riverway Ave, Spokane Valley

$1,800,000
3 Beds 3 Baths 202615196 MLS
Spokane Valley Estate | Custom Home, ADU, Entertainer’s Courtyard & Expansive Shop Exceptional contemporary estate on 3.53 professionally landscaped acres in Spokane Valley. This custom-built home offers 3,100 SF with 3 bedrooms and 3 baths, showcasing high-end finishes and meticulous craftsmanship throughout. Designed as a private courtyard-style compound, the home connects seamlessly to a covered breezeway and outdoor kitchen entertaining area between the residence and shop. The property includes a beautifully finished 790 sq ft 1 bed / 1 bath ADU ideal for guests, multigenerational living, or potential rental income. A fully finished 2,940 sq ft shop with bathroom and mezzanine provides incredible flexibility for hobbies, workspace, or storage, along with a detached 1,440 sq ft garage with golf cart bay. Stone fencing surrounds the estate, enhancing privacy and curb appeal. With luxury finishes, extensive improvements, this unique property also offers potential long-term development w/power & gas.

19020 E 8th Ave, Spokane Valley

$1,449,000
202615333 MLS
City of Spokane Valley, will allow 84 apartment units. Work done totaling approx $435,535: $40,535 for Irvin water, has been paid toward acreage water charges & water unit fees. $165,000 for Tapped & Installed Fire Dept approved Fire Hydrant, 2" water meter, back water value w/ a $6,500 "Hot Box" & 4" C900 water line all installed approx 600 ft to the E ready to extend to tract A area of development. Fire hydrant on the N side of Grace across from Tract A's road frontage. $155,000 sewer tapped & 6" sewer line installed parallel to water line w/ proper spaced w/ clean-outs every 99 ft as required. Sewer line is extended easterly to the same location as the water line. Both water lines & sewer piping installations were inspected & approved by Spokane County & Irvin water. Natural Gas is stubbed in by Avista to property 10' S the sewer line. $75,000 New metal 6' galvanized obscure fencing installed on N property line & W 200' of the south fence line w/ remaining fencing going E was installed w/ obscure fencing.

2810 N University Rd, Spokane Valley

$1,345,000
202616391 MLS
Rare opportunity to own & operate long-standing Adult Care Home in Spokane! This home has been proudly serving the community for over 30 years, providing a warm, multi-generational environment in a quiet residential neighborhood w/ quick access to I-90 & the North-South Corridor. This licensed facility accommodates up to 6 residents, w/ all private rooms & owner. The home is thoughtfully designed for comfort & functionality, featuring 9 bedrooms & 4.5 bathrooms, including a beautifully updated primary suite w/ a walk-in closet & ensuite bath. Residents & staff enjoy welcoming common areas, a patio & deck, back yard & large shop for additional storage. Property includes office space, staff accommodations, owner can live on site & has been fully equipped to meet state licensing requirements. It comes furnished with appliances, supplies, & all the essentials needed to seamlessly step in & continue operations. Price includes business. Two sets of appliances service the home & facility.

Adult Care Home Spokane Rd, Spokane Valley

$1,199,900
6 Beds 6 Baths 202617818 MLS
RARE AND UNIQUE OPPORTUNITY! Stunning riverfront duplex- zoned 0-lot line with BREATHTAKING VIEWS OF THE RIVER designed for those who expect nothing short of an extraordinary living environment & lifestyle. Duplex must be purchased with adjacent duplex-MLS #202617817 Situated on a rare 80' LOT of Spokane River frontage. This exceptional property offers unmatched versatility for multi-generational living, luxury owner-occupied use, or a premier investment opportunity. Each side features 3 spacious bedrooms & 2.5 bathrooms, PLUS partially finished lower level. Thoughtfully designed with comfort, privacy & functionality in mind. Both units include attached 2 car garages providing ample storage & convenience. Enjoy the serenity of riverfront living with direct access to the Centennial Trail from the backyard & endless outdoor recreation including biking, walking, kayaking & fishing. Despite the peaceful setting, the location is remarkably convenient—minutes to services and freeway access!

18315 E Riverway Ave, Spokane Valley

$1,199,900
5 Beds 4 Baths 202617618 MLS
Stunning views! Incredible quality! The 'Fairmount' plan built by Paras Homes. Located in the south valley, Monterra is a new and highly desired gated community. The Fairmount has great street appeal with its sleek modern flavor. A few of the many features include a 4 car garage, expansive rear deck with wide ranging views. 5 bedrooms, 4 baths, an open floor plan with soaring ceiling, full stone fireplace and hardwood floors. Custom kitchen with large island, walk-in pantry and quartz countertops. Great view from the primary suite with free-standing tub, mud set walk-in shower, and large closet. The lower level includes a large recreation room with wet bar, 3 bedrooms, 2 full bathrooms. Paras Homes has started building other new homes which are available in Monterra! This home and this community are sure to please!! Home to be completed by end of June.

1519 S Steen Ln, Spokane Valley

$1,150,000
5 Beds 4 Baths 202616125 MLS
A modern masterpiece built by Paras Homes, this architectural gem showcases sleek contemporary lines and an abundance of natural light. An airy, inviting layout is enhanced by expansive windows framing breathtaking city and territorial views. The wraparound deck offers an ideal setting for alfresco dining and entertaining while enjoying the scenic backdrop. The chef's kitchen is an absolute showstopper, featuring top-of-the-line GE Cafe appliances, elegant quartz countertops, a large center island, and double ovens designed for both everyday living and hosting. The main floor primary suite provides a private retreat with spa-like comfort. Downstairs, a generous family room adds flexibility for relaxation or recreation. An oversized garage includes a dedicated boar or RV bay, adding incredible versatility. Impeccable attention to detail, innovative design, and inspired spaces define this exceptional home. Photos are from previous homes we've built.

5209 S Scout St, Spokane Valley

$1,150,000
4 Beds 4 Baths 202613328 MLS
Experience refined single-level waterfront living just minutes east of downtown Spokane. Nestled within an exclusive enclave of approximately 100 homes, this exceptional property enjoys one of the Spokane River's rare boatable stretches, where steady water levels make paddleboarding, kayaking, boating, swimming, and even water skiing part of everyday life. A gracious entry walkway welcomes you into a light-filled, open-concept main level designed to showcase the river at every turn. Two inviting living areas, an elegant dining space, and a chef's kitchen worthy of Martha Stewart Living all open seamlessly to a spacious, shaded deck overlooking the water—perfect for entertaining or quiet evenings by the river. The luxurious primary suite is a private retreat with tranquil river views and a spa-inspired bath. A 2nd bedroom, bath, and laundry complete the thoughtfully designed main level. The walk-out lower level has 2 bedrooms, gym, studio and great room opening to river. Once-in-a-lifetime opportunity.

7515 E South Riverway Ave, Spokane Valley

$1,114,900
3 Beds 3 Baths 202620192 MLS
CAMDEN HOMES 2025 FALL FESTIVAL MODEL HOME – A job transfer creates an incredible opportunity to own this award-winning showcase home! This one-level, no-step entry design offers 3 bedrooms, 3 bathrooms, and 2,805 total sq/ft, including a 455 sq/ft upper-level bonus room. The thoughtfully designed floor plan features premium finishes throughout, including KitchenAid appliances, an LG Styler Smart Steam Closet, LG washer & dryer, and a stunning floor-to-ceiling stone gas fireplace. The luxurious primary suite boasts a steam shower, heated tile floors, dual walk-in closets, and separated double vanities. Enjoy outdoor living year-round from the covered patio overlooking beautiful territorial views. The premium corner lot with west-facing front exposure provides welcome afternoon shade on the back patio, creating the perfect setting to relax, entertain, and take in the scenery. A rare opportunity to own one of Camden Homes' finest model homes!

1305 S Manifold Rd, Spokane Valley

$1,095,000
5 Beds 4 Baths 202614301 MLS
Discover the perfect blend of elegance and WOW-factor in this extraordinary home. Situated on an oversized 0.53 acre lot, this spectacular & impeccable custom built George Paris home has it all & room for a SHOP! The open concept floor plan features all main floor living, 2 primary suites, cathedral ceilings, double sided fireplace, hardwood flring, formal & informal dining spaces, finished garage, new interior paint & carpet, large view windows & thoughtfully curated designer details throughout. The luxury kitchen built to impress boasts stainless steel appliances, gas cooktop, new granite countertops, tile backsplash & walk out to the incredible outdoor living space! The peaceful & expansive back deck & patio is perfect for entertaining & provides great privacy, gorgeous lush landscaping & views! The primary suite is well-appointed with a French doors, gas fireplace, dual vanity, quartz countertops, jetted tub, shower & large walk-in closet. Prepare to be wowed—this home is the definition of a showstopper!

16610 E 23rd Ave, Spokane Valley

$1,050,000
202618557 MLS
Major Price Reduction, motivated seller! Come and tour this beautiful building designed by John Saylor! This 5,400 SF above grade commercial building, with an 1,800 SF basement, combines timeless character with flexible functionality for retail, office, showroom, studio, or small-scale event use. The exterior features stucco siding, a red tile roof, French doors, Palladian windows, and decorative flower boxes. Inside, a spacious main hall offers high ceilings, built-in woodwork, tiled entries, and original 1940s hardwood floors alongside modern updates from 2021. Located at the edge of the Sprague Avenue renewal district, the property offers 22 on-site parking spaces and sits across from AutoNation Audi/Volkswagen, near City Hall, the new Spokane Valley Library, and other established businesses in a growing commercial corridor.

9919 E Sprague Ave, Spokane Valley

$995,000
202620782 MLS
Rare opportunity to own this thoughtfully designed and well maintained zero-step one level tri-plex offering comfort, convenience and exceptional investment potential. This modern income-producing home features luxury vinyl plank flooring, soaring vaulted ceilings, expansive windows and an abundance of natural light throughout. The bright open kitchen showcases stylish cabinetry, sleek surfaces, stainless steel appliances, eating bar and an electric fireplace. Special features include a private primary bedroom with separate ¾ bath and desirable single-level accessibility. Step outside to professionally designed grounds with over $150,000 invested in premium landscaping, lush lawn areas, vinyl perimeter fencing and a private backyard patio. These units are under management with New Journey which pays the rent to the owner regardless of a tenant in place. They also pay all maintenance, water, sewer garage. If the building needs repairs, roof, plumbing etc. they pay for it. Incredible investment opportunity.

1721 N Bessie Ln, Spokane Valley

$995,000
4 Beds 4 Baths 202618134 MLS
Crafted by a skilled brick mason, this one-of-a-kind home showcases exceptional curb appeal and stunning custom brickwork throughout. Step inside to a striking double-sided fireplace anchored by three dramatic brick pillars that extend through the ceiling—an unforgettable centerpiece. The open-concept main level offers a spacious living area, 3 bedrooms plus a dedicated office, and a well-appointed primary suite featuring an ensuite bath and large walk-in closet. Upstairs, a versatile bonus room is complemented by an additional bedroom and bathroom—ideal for guests or private living quarters. Set on 1.15 acres, the property is built for both relaxation and recreation with an in-ground pool, sports court, and an impressive 40' x 60' heated brick shop complete with a bathroom and dolly chain hoist—perfect for hobbies, storage, or workspace. A rare blend of craftsmanship, space, and lifestyle amenities.

18505 E 4th Ave, Spokane Valley

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