About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest

501 Elm St, Spokane, WA 99218

$329,000

Last sold 03/15/2025 for $339K

2
bed
1
bath
1,560
Sqft ($217/Sqft)

House not for sale

About 501 Elm St

Property type House

Neighborhood

Year built 1943

HOA fee $0/month

Lot size 6,133 Sqft

Movoto estimate

Parking 4 garage spaces

Rental estimate

Property description

Possibilities Await at 501 E Elm St! This is your chance to own a versatile 2 bed 1 bath house & 20x46 shop in a prime, convenient location— Imagine the flexibility: live in the house and run your business from the shop, or turn the home into an Airbnb while you work just steps away—the potential is real! The home itself has had all the big-ticket items taken care of, including updated electrical, plumbing, roof, kitchen, and furnace. The basement is a clean slate, ready for you to add value and build equity. You'll also love the fully fenced front yard, perfect for privacy and security. Some Fresh paint, New low maintenance landscaping, Sprinkler system, and ALL appliances stay. The shop is fully equipped, featuring a heated office and Bathroom as well as loft space—ideal for extra storage or an after-hours retreat or a hobbyist dream shop! Don’t wait—your home and business space is waiting for you! Become your own boss at 501 E Elm St.

Listed by

Listing Agent - Luke Mischke

Listing Office - Coldwell Banker Tomlinson

Source: SAR MLS

MLS#202513220 • last updated 1 year ago

Movoto checked SAR MLS for data 10 minutes ago

Overview
Cooling/AC	Central Air
Heating	Gas Hot Air Furnace, Forced Air
Levels/Style	Bungalow
Living Area	1560
Virtual Tour	N/A
Type	Residential
Lot Size (Acres)	0.14
Year Built	1943

Interior
# Bedrooms	2
Basement	Full, Unfinished, Laundry, Workshop
Appliances	Free-Standing Range, Microwave, Washer, Dryer, Hrd Surface Counters

Exterior
Construction	Cedar
Roof	Composition Shingle
Parking Desc	Detached, Workshop In Garage, Oversized
# Garage Spaces	4
Lot Desc	Fencing, Fenced Yard, Sprinkler - Automatic, City Bus (w/in 6 Blks)
Other Structures	Workshop

Location
County	Spokane
Subdivision	North Y
Elem School District	Mead
Elementary School	Evergreen
High School	Mead
Middle School	Highland

Lot/ Land Details
Road Frontage	City Street

$329K

Range: $296K-$361K

Last 30 days

Rental est.: $1,461/month

• Gross rent multiplier: 19.3

Lower your payment with the loan terms that fit you.

Mar 2025
MLS # 202513220
Mar 27, 2025 Sold
—
Mar 17, 2025 Pending
—
Mar 14, 2025 Listed
$339,000 (+182.5%)
Mar 2025
Public Records
Mar 26, 2025 Sold
$339,000
May 2017
Public Records
May 15, 2017 Sold
$120,000 (+21.1%)
Jun 2014
MLS # 201325818
Jun 30, 2014 Sold
$99,107
Oct 18, 2013 Listed
$99,000
Jun 2014
Public Records
Jun 26, 2014 Sold
$99,107 (+0.1%)

Year Property taxes Tax assessment
2025
$2,513 +13.8%

$243,400 +2.61%
2024
$2,207 +6.7%

$237,200 +7.52%
2023
$2,069 +3.4%

$220,600 +27.44%
2022
$2,001 +13.2%

$173,100
2021
$1,768 +6.9%

$173,100 +14.41%
2020
$1,654 +14.8%

$151,300 +12.32%
2019
$1,441 -12.3%

$134,700 +16.42%
2018
$1,644 +6.7%

$115,700 +5.76%
2017
$1,540 -3.2%

$109,400
2016
$1,591 +2.1%

—
2015
$1,558

—

501 Elm St
$339K
A342/141
—
99218
$549K +10% y/y
Spokane
$439K -2% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
10117 N Andrew St, Spokane, WA 99218	$249,000	2/1	790	0.01
423 E Elm Rd, Spokane, WA 99218	$247,000	2/1	780	0.01
419 E Elm Rd, Spokane, WA 99218	$252,000	2/1	702	0.02
504 E Nordin Ave, Spokane, WA 99218	$301,000	2/1	1,566	0.03
10114 N Andrew St, Spokane, WA 99218	$297,000	2/1	1,073	0.03
426 E Nordin Ave, Spokane, WA 99218	$316,000	2/1	1,490	0.03
10151 N Andrew St, Spokane, WA 99218	$319,000	2/1	1,566	0.03
424 E Elm Rd, Spokane, WA 99218	$330,000	2/1	1,566	0.03

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.