Threelakesrealtors.com Search Results

$685,000

SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential. Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans. Two month to month leases create the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements. Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers. Recent Updates and Proven Rental Upside

26-7734 MLS

SVN Cornerstone is pleased to present the 29th Ave Fourplex for sale located at 2327 E 29th Ave in Spokane's desirable Rockwood neighborhood. The property consists of four residential units and features numerous recent improvements, including new LVP flooring in three units, updated kitchen cabinets in two units, in unit laundry in two units, and enhanced landscaping. The property offers investors a well maintained asset in one of Spokane's most established neighborhoods with strong rental demand and excellent long term investment potential. Lower down payments, longer amortization periods, and faster closings compared to typical commercial loans. Two month to month leases create the potential for owner occupied financing with as little as 5% down, subject to providing proper notice and lender occupancy requirements. Desirable Rockwood neighborhood near Manito Park, shopping, dining, downtown Spokane, and major employers. Recent Updates and Proven Rental Upside

2327 29th, Spokane

$495,000

Ash Apartments is a well-located 7-unit value-add apartment community in Spokane's West Central neighborhood, offering immediate cash flow with a clear path to enhanced long-term returns through light interior upgrades and operational improvements. The property consists of two charming buildings and has benefited from nearly $115,000 in recent capital improvements including new electrical service and panels, upgraded windows, new siding and exterior paint, interior paint, LVP flooring, and a new furnace, significantly reducing near-term capital needs. The asset is ideally positioned for continued income growth through updated interiors and refreshed common areas, and its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports strong and durable rental demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

26-4816 MLS

Ash Apartments is a well-located 7-unit value-add apartment community in Spokane's West Central neighborhood, offering immediate cash flow with a clear path to enhanced long-term returns through light interior upgrades and operational improvements. The property consists of two charming buildings and has benefited from nearly $115,000 in recent capital improvements including new electrical service and panels, upgraded windows, new siding and exterior paint, interior paint, LVP flooring, and a new furnace, significantly reducing near-term capital needs. The asset is ideally positioned for continued income growth through updated interiors and refreshed common areas, and its proximity to Downtown Spokane, Gonzaga University, transit, parks, and major employers supports strong and durable rental demand, making it an attractive opportunity for investors seeking a stabilized core holding with meaningful upside.

1704 Ash, Spokane

$699,000

SVN Cornerstone is pleased to present the Sixth Avenue Apartments for sale located at 7307 E 6th Ave in the Spokane Valley. The Sixth Avenue Apartments consist of 6 units, including 1 two bedroom one bathroom unit, 4 one bedroom one bathroom units, and 1 studio cottage located on the same parcel. The property also features a common area coin operated washer and dryer, covered tenant carports, a storage shed, ample off street parking, and a patio area for tenants. Spokane Valley location with lower utility costs, 120 day rent increase notices versus 180 days in the City of Spokane, and fewer regulatory restrictions Interior and Exterior Upgrades The cottage sits on its own portion of the large 0.42 acre lot and may provide the opportunity for a future subdivision and separate sale. Romex electrical wiring, Siemens electrical panels, and updated PEX and galvanized plumbing will help simplify insurance and reduce future capital expenditures. Additional Income Opportunities

26-4769 MLS

SVN Cornerstone is pleased to present the Sixth Avenue Apartments for sale located at 7307 E 6th Ave in the Spokane Valley. The Sixth Avenue Apartments consist of 6 units, including 1 two bedroom one bathroom unit, 4 one bedroom one bathroom units, and 1 studio cottage located on the same parcel. The property also features a common area coin operated washer and dryer, covered tenant carports, a storage shed, ample off street parking, and a patio area for tenants. Spokane Valley location with lower utility costs, 120 day rent increase notices versus 180 days in the City of Spokane, and fewer regulatory restrictions Interior and Exterior Upgrades The cottage sits on its own portion of the large 0.42 acre lot and may provide the opportunity for a future subdivision and separate sale. Romex electrical wiring, Siemens electrical panels, and updated PEX and galvanized plumbing will help simplify insurance and reduce future capital expenditures. Additional Income Opportunities

7307 6th, Spokane Valley

$449,000

Well maintained Triplex for sale located in Spokane WA. One unit is 1 bed, 1 bath, remaining 2 units are 2 bed, 1 bath. Recent updates include: Unit 6410 - new water heater (2022), unit 6412 - new range (2023), Laundry room - new water heater, flooring, electrical sub-panel (2022), exterior - new paint, new gutters, new landscaping (bed and shrubs) (2022) and new washer and dryer in shared laundry room (2023). Carport with three parking spaces and detached garage/storage. All units are currently leased. Upside potential in rents. Do not disturb Tenants. Access provided upon accepted offer.

26-4119 MLS

Well maintained Triplex for sale located in Spokane WA. One unit is 1 bed, 1 bath, remaining 2 units are 2 bed, 1 bath. Recent updates include: Unit 6410 - new water heater (2022), unit 6412 - new range (2023), Laundry room - new water heater, flooring, electrical sub-panel (2022), exterior - new paint, new gutters, new landscaping (bed and shrubs) (2022) and new washer and dryer in shared laundry room (2023). Carport with three parking spaces and detached garage/storage. All units are currently leased. Upside potential in rents. Do not disturb Tenants. Access provided upon accepted offer.

6408 Normandie, Spokane

$3,095,000

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

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

$395,000

SVN Cornerstone is pleased to present the Hogan Duplex and Storage Units for sale located at 3024 N Hogan St in Spokane. The Hogan Duplex and Storage Units consist of two 2 bedroom 1 bathroom units in the duplex and 2 storage units on the same lot. Opportunity for Residential Financing - Qualifies for attractive residential financing with lower down payment options and favorable loan terms, increasing accessibility and overall return potential Rental Upside - Current rents are below market with the ability to increase to approximately $1,350, providing immediate income growth potential Diverse Income Streams - Duplex units combined with additional storage units provide multiple sources of income and reduced vacancy risk Situated in a desirable Spokane location with access to employment, schools, and amenities, supporting consistent rental demand and long term stability New roof in 2022 and updated heaters help reduce near term capital expenditures and improve operational stability

26-3346 MLS

SVN Cornerstone is pleased to present the Hogan Duplex and Storage Units for sale located at 3024 N Hogan St in Spokane. The Hogan Duplex and Storage Units consist of two 2 bedroom 1 bathroom units in the duplex and 2 storage units on the same lot. Opportunity for Residential Financing - Qualifies for attractive residential financing with lower down payment options and favorable loan terms, increasing accessibility and overall return potential Rental Upside - Current rents are below market with the ability to increase to approximately $1,350, providing immediate income growth potential Diverse Income Streams - Duplex units combined with additional storage units provide multiple sources of income and reduced vacancy risk Situated in a desirable Spokane location with access to employment, schools, and amenities, supporting consistent rental demand and long term stability New roof in 2022 and updated heaters help reduce near term capital expenditures and improve operational stability

3024 Hogan, Spokane

$645,000

SVN Cornerstone is pleased to present the Seventh Apartments for sale located at 1427 W 7th Ave in Spokane's Cliff Cannon neighborhood. The Seventh Apartments consist of six total units including five 1bed/1bath units and 1 studio. The property features three on site parking spaces, ample street parking, and a dedicated room that can be converted into a laundry room. Highlights - 100% Occupied - Fully occupied property providing immediate and stable cash flow. - Over $30K in Recent CapEx - Recent improvements include new water heaters and fresh exterior paint. - Upgraded Copper Electrical Wiring - Copper electrical wiring reduces insurance concerns and future capital needs. - Unique Property Layout - One unit is located in a separate building, offering added privacy and a distinctive unit mix. - Prime Central Location - Conveniently located near a bus stop, hospitals, downtown Spokane, I-90, shopping, dining, and major employers.

26-2801 MLS

SVN Cornerstone is pleased to present the Seventh Apartments for sale located at 1427 W 7th Ave in Spokane's Cliff Cannon neighborhood. The Seventh Apartments consist of six total units including five 1bed/1bath units and 1 studio. The property features three on site parking spaces, ample street parking, and a dedicated room that can be converted into a laundry room. Highlights - 100% Occupied - Fully occupied property providing immediate and stable cash flow. - Over $30K in Recent CapEx - Recent improvements include new water heaters and fresh exterior paint. - Upgraded Copper Electrical Wiring - Copper electrical wiring reduces insurance concerns and future capital needs. - Unique Property Layout - One unit is located in a separate building, offering added privacy and a distinctive unit mix. - Prime Central Location - Conveniently located near a bus stop, hospitals, downtown Spokane, I-90, shopping, dining, and major employers.

1427 7th, Spokane