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$10,500,000
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 is 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.

11802 E Main Ave, Spokane Valley
$8,975,000
26-9260 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 Bell, Spokane Valley
$8,975,000
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
$6,000,000
202527925 MLS
To Be Built, Construction has begun! - Two, 12 unit apartment buildings in the heart of the Spokane Valley for a total of 24 units. $6,000,000 for two 12 unit buildings. Just off the Appleway walking trail with Safeway, Target and so much more just a hop, skip and a jump away. All 24 units are set up as two bedroom and two bathroom units. **Photos of Apartment Building are Artist Renderings, Not Exact Building**

13217 E 3rd Ln, 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
$2,200,000
202610433 MLS
Seller financing available! Very hard to find industrial property in the Spokane Valley with 11,700 ft.² of shop space including 2-3 private offices and almost 2 acres of land with plenty of room to expand. It also includes a small house that is great for a rental or convert to an office. Oversized ground level doors and loading dock as well. Located just a few blocks from the Amazon distribution center.

3315 N Tschirley Rd, Spokane Valley
$2,200,000
202610329 MLS
Seller financing available! Very hard to find industrial property in the Spokane Valley with 11,700 ft.² of shop space including 2-3 private offices and almost 2 acres of land with plenty of room to expand. It also includes a small house that is great for a rental or convert to an office. Oversized ground level doors and loading dock as well. Located just a few blocks from the Amazon distribution center.

3315 N Tschirley Rd, Spokane Valley
$1,950,000
202617739 MLS

10516-10606 E Main Ave, Spokane Valley
$1,850,000
5 Beds ⋅ 5 Baths ⋅ 202524386 MLS
Step Into Storybook Elegance: A Victorian Masterpiece on 10 Acres! Discover a rare blend of timeless architectural artistry and expansive privacy. This 4,800-square-foot Victorian estate commands 10 sprawling, serene acres, offering an enchanting retreat from the everyday world. From its steeply pitched turrets and iconic "widow's perch" to the grand wraparound porch, every inch of this property radiates historic charm matched with modern luxury. The Carriage House Apartment: A fully detached, 700-square-foot secondary living space ideal for guests, multi-generational living, or rental income. Generous garage space to accommodate 5 cars, recreational toys, and a workshop.

6212 S Ranch Park 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
$1,500,000
202618118 MLS
Walk In/Walk Out Iller Creek/Dishman Hills conservation area. 130-acre legacy property borders the Iller Creek/Dishman Hills conservation, offering direct access to hundreds of acres of protected, non-motorized recreation w/connections to Rocks of Sharon & Dishman Hills. The building site captures incredible N & E views, while southern views overlook your own private forest. Significant timber provides potential for future harvest or simply the enjoyment of a private NW retreat. More than $2.5 million has been invested in infrastructure, including approx 1.5 miles of 4-inch-thick, interstate-grade asphalt. Power on site, a well installed, and a septic permit was approved w/site work completed. Fenced w/an electric gate. 3 parcels create flexibility for a legacy estate. The lower parcel offers open grassland w/an ideal setting for a large shop. The upper parcel combines exceptional views, accessibility, and proximity to Iller Creek. Only minutes from groceries, restaurants, schools, shopping, and healthcare.

10610 E Grouse Mountain Ln, Spokane Valley
$1,499,900
202526026 MLS
Many Possible Uses for this Property on 3 Parcels! Could be Re-developed and the Seller May Separate Parcels for the Right Deal. Past or Current Uses Include Car Dealership, Detail and Service Shop. Two Separate Units. The Main Building has a Large Showroom, Service Bays, Reception Area, and Offices. The Detail Shop Currently Pays $3000 per month for Parcel on West End. Seller could lease back. The Main Property is Seller Occupied. The Property also Includes Two shops (60x100 and 40x30) and Paved Parking.

8814 E Sprague Ave, Spokane Valley
$1,400,000
202510184 MLS
Come see this 26-acre property, entrance on Woolard, but has property along Hwy 2, you can place your advertising signs facing Hwy 2. Close to Greenbluff, 5 minutes past North 40 Outfitters. Zoned as Rural Traditional. Can be subdivided into 2 parcels (10-acre minimum). Multiple buildings: 1996 shop 3000sf. 1972 Single wide 1242sf was used as office. 1980 double wide 2304sf. 1948 dwelling 1100sf. 1966 barn 6498sf. 1968 shed 800sf. Growing community. Previously used as a landscaping business. Bring your vision and make this the home of your Business. Connected to city water. Septic. Has 3 Meters already set up. Previously rented a building to another business and they had their own Meter for billing.

4109 E Woolard Rd, Spokane Valley
$1,250,000
202623859 MLS

5615 E Trent Ave, 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
$1,149,000
5 Beds ⋅ 4 Baths ⋅ 202622151 MLS
Elk Ridge Heights custom home to be finished right before the holidays! This amazing new build has incredible north facing views and so much deck space for outdoor entertaining and no neighbors on either side of you! Main level living with vaulted ceilings and open floor plan, gas fireplace, large kitchen with top of the line appliances, walk-in pantry, quartz countertops and more. The main level primary suite also has vaulted ceilings and leads into the bathroom with soaking tub, heated tile floors, walk-in tiled shower and walk-in closet as well. Also on the main level is another bedroom that could be used for guests or as an office. The basement feels spacious with 10' ceilings, 3 additional bedrooms, large family/rec room and is a daylight walk out to another deck that leads out into the yard. This home is framed so there is still time to make selections of your choosing. Exterior photos are AI rendered and interior photos are of a similar build. Finishes will vary.

13127 E Copper River Ln, Spokane Valley
$1,095,000
5 Beds ⋅ 4 Baths ⋅ 202622072 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
4 Beds ⋅ 3 Baths ⋅ 202616667 MLS
Spokane Valley New construction. No HOA's The Parkview by Morse Western ready to build - offers 1994sqft on the main w/ a 310sqft bonus room. 4BD/2BTH w/ covered back patio. Fully insulated large shop that includes a full bathroom and bonus room! Gourmet Kitchen and large eating bar. Great woodwork in the living room, contemporary fireplace and vaulted ceiling. Large walk-in shower and large walk-in closet. Large 3-car garage. We are ready to build this for you. Images similar to home being built.

1716 S Progress Rd, Spokane Valley
$1,000,000
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
$999,900
202623625 MLS
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
202621709 MLS
Rare opportunities combine strategic location, existing income, and operational flexibility like this. Situated on two separate parcels, this 1.5 acre business campus features three income-producing buildings, including an 8,000 square foot commercial building with a studio apartment, leased to a tenant under a Triple Net (NNN) lease. A detached one-bedroom residence, and a separate studio residence with garage, creating diversified income while preserving long-term flexibility to either occupy the property for your own business or reposition the asset overtime. Designed with business functionality in mind, the property offers three-phase power, an attached shop, a heated outbuilding with 220 power, generous parking, yard/storage space, and outstanding visibility along highly traveled Trent Avenue. This mixed-use property is positioned directly across from Amazon's Fulfillment Center at the gateway to Spokane Valley's Northeast Industrial Area, with convenient access to Sullivan Road, Barker Road, and I-90.

17327 E Trent Ave, Spokane Valley
$995,000
202621710 MLS
Rare opportunities combine strategic location, existing income, and operational flexibility like this. Situated on two separate parcels, this 1.5 acre business campus features three income-producing buildings, including an 8,000 square foot commercial building with a studio apartment, leased to a tenant under a Triple Net (NNN) lease. A detached one-bedroom residence, and a separate studio residence with garage, creating diversified income while preserving long-term flexibility to either occupy the property for your own business or reposition the asset overtime. Designed with business functionality in mind, the property offers three-phase power, an attached shop, a heated outbuilding with 220 power, generous parking, yard/storage space, and outstanding visibility along highly traveled Trent Avenue. This mixed-use property is positioned directly across from Amazon's Fulfillment Center at the gateway to Spokane Valley's Northeast Industrial Area, with convenient access to Sullivan Road, Barker Road, and I-90.

17327 E Trent Ave, Spokane Valley
$995,000
202620782 MLS
These units offer a unique, truly hands-off investment opportunity. Two units are on 1-year leases with a company that places and manages its own tenants and covers all property-related expenses, including water, sewer, garbage, maintenance and repairs—even major items such as roof replacement. The seller’s only expenses on these units are property taxes and insurance. The third unit is currently seller-managed; however, the leasing company has expressed interest in leasing it once available. Each modern, zero-step, one-level unit features vaulted ceilings, abundant natural light, a bright kitchen with stainless appliances, eating bar, electric fireplace and primary suite with private bath and walk-in closet. Beautiful professional landscaping, fenced private yards and patios complete this exceptional investment opportunity.

1721 N Bessie Ln, Spokane Valley
$995,000
202426417 MLS
Prime location, 5456 Square feet. 1 to 4 contractable or expandable spaces. 4 restrooms, 2 gas furnace with A/C. Up to 20 private offices. Perfect for Dentist or Doctor. 20 parking spaces plus more street parking.

1210 N Argonne Rd, Spokane Valley
$975,000
202515078 MLS
Multi-story converted office building with on-site parking lot. Detached garage (approx. 700 SF). Building is ADA accessible. Monument signage available.

323 S Pines Rd, Spokane Valley
$970,000
202612174 MLS
Investment Opportunity - Well-maintained 8 unit property in Spokane Valley featuring a mix of 2-bedroom, 1-bath and 1-bedroom, 1-bath units. Each unit features LVP flooring throughout the main living areas. Kitchens are appointed with tile accents and butcher block countertops, blending practicality with updated finishes. Bedrooms are generously sized with ample closet space for storage. Additional amenities include off-street parking and onsite laundry facilities. Conveniently located near shopping, dining, parks, close freeway access.

2012 N Park Rd, Spokane Valley
$950,000
4 Beds ⋅ 4 Baths ⋅ 202621780 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
$915,000
5 Beds ⋅ 3 Baths ⋅ 202621842 MLS
Nestled in Spokane Valley's Ponderosa neighborhood, this spacious 5-bedroom, 3-bathroom ranch home offers more than 4,500 square feet of thoughtfully laid-out living space on a 1.5 acre lot. The main floor features an oversized living room with vaulted ceilings, an impressive fireplace and views of the surrounding natural beauty. The main floor primary suite includes a spacious remodeled 5-piece bath, walk-in closet and private deck. Entertaining is easy in the large kitchen with both formal and informal dining areas. The daylight walk-out basement is a true standout, filling the lower level with natural light and opening directly to the outdoors — perfect for a home theater, second living area, guest suite, or multigenerational living setup. It's the kind of feature that instantly expands how you can use the home. The oversized lot features a fantastic garden area and plenty of space for the shop of your dreams. Don't miss this wonderful home!

5211 S Van Marter Rd, Spokane Valley

Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.