Rare investment opportunity with commercial potential! Exceptional opportunity to own approximately 0.88 acres in one of Spokane Valley's most desirable growth corridors. Ideally positioned just moments from the highly traveled Sprague Avenue commercial district, this unique property features two homes on one parcel, offering immediate income potential and exciting long-term possibilities. Surrounded by established commercial businesses and benefiting from excellent access to major transportation routes, this property's location makes it an outstanding opportunity for investors, developers, and visionary buyers. The existing homes provide flexibility for rental income, multi-generational living, or holding the property while exploring its future potential. With its zoning as UGA and strategic location, the property may offer future commercial or redevelopment opportunities, subject to buyer verification with Spokane Valley and all applicable approvals.
Dishman, located between I-90 and Dishman Hills Natural Area, is a residential and light-industrial Spokane Valley neighborhood with a trail-laced hillside and a rail-and-arterial streetscape. The neighborhood’s character concentrates around the Sprague Ave and S Dishman Mica Rd corridor, where auto shops, small storefronts, and everyday services line a fast-moving commercial strip. Mid-century ranch homes and newer infill sit on quiet blocks that shift quickly into warehouses and yards near the tracks. Dishman Hills Conservation Area sets the local rhythm with steep basalt outcrops and piney trailheads. The Dishman Hills Natural Area Trailhead and nearby trail network frame a weekend routine built around hikes and views. A short drive west, the historic Garland Theater and the craft taps at Garland Brew Werks add a cultural counterpoint.
Provided by Walk Score and Local Logic
Offer insights
104 N Farr Rd · $799,000
$795K and above
75% chance or better to win
Why $795K+ is a strong offer
DAYS ON MARKET
63 days
The average home goes pending in 35 days.
SALE-TO-LIST
98.8%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Gas range
Refrigerator
Full basement
Below-grade finished space (finished basement area)
Bedrooms
2 bedrooms
Kitchen
Gas range
Refrigerator
Heating & cooling
Natural gas heating
Forced air
Exterior features
Oversized lot
Private and paved road frontage
Home design
Single-family residence
One story
Accessory dwelling unit on property
Parking
Detached 2-car garage
Construction
Stone and vinyl siding exterior
Composition roof
Built with a foundation and a full basement
Financial info
Eligible for 1031 exchange
Electricity and solar
View estimated energy costs and solar savings for this home
2 HOUSES ON 1 LOT-2ND HOUSE 1BR/1BA 620SQFT, NO SELLER DISCLOSURE, PROPERTY SOLD AS-IS , NEEDS COSMETIC REPAIRS, GOOD VALLEY LOCATION, LARGE LOT, NEED PREAPPROVAL LETTER W/ OFFER & LTV.
SPOKANEMLS as Distributed by MLS Grid #2218648
Dec 30, 2002
Sold
$114,950
Jun 11, 2002
Listed
$114,950
NEWER GAS FURN & CAC. 2ND HOUSE ON BACK OF LOT, MAJOR REMODEL 2YRS AGO, RENTS FOR $350. SELLER IS A LICENSED REALTOR IN THE STATE OF WA. DUP LIST, #2218647
Public Records
Nov 9, 1998
Sold
$96,000
Public Records
Mar 7, 1986
Sold
$55,000
Year
Property tax
Land + Additions
Assessment*
2026
$4,120 (+6.3%)
$100,000 + $272,900
$372,900
2025
$3,875 (+3.2%)
$100,000 + $272,900
$372,900
2024
$3,755 (−1.3%)
$70,000 + $295,400
$365,400
2023
$3,804 (+7.5%)
$70,000 + $309,000
$379,000
2022
$3,537 (+4.6%)
$50,000 + $246,700
$296,700
2021
$3,381 (−1.7%)
$50,000 + $213,700
$263,700
2020
$3,441 (+20.5%)
$46,000 + $193,500
$239,500
2019
$2,855 (−12.3%)
$44,000 + $175,900
$219,900
2018
$3,254 (+7.4%)
$37,000 + $157,600
$194,600
2017
$3,031 (+3.3%)
$37,000 + $157,600
$194,600
2016
$2,935 (+1.7%)
$35,000 + $149,400
$184,400
2015
$2,886
$35,000 + $142,200
$177,200
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
0.55 Acres
Year renovated
1918
Finished Sq. Ft.
1,362
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,362
Year built
1918
Style
Single Family Residential
County
Spokane County
APN
45173.1731
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
CMU
Corridor Mixed Use District
Allows for light manufacturing, retail, multifamily, and offices along major transportation corridors. Adjacent residential zones are protected through transitional standards.
Permitted uses
Include but are not limited to:
Gas station
General retail
Restaurant
Housing-Single unit
Housing-Multiple units
Housing-Senior
Manufacturing
Warehouse
Hotel / motel
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.46% chance of being in a wildfire in next 30 years
3/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
17 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Spokane Valley, WA • 99206
Average low and high temperatures (°F)
36
25
40
27
52
34
60
36
70
45
76
51
87
58
85
58
80
52
59
38
44
34
40
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
95/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 22% for direct sun exposure in Spokane Valley. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.5 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 104 N Farr Rd
$769,388
$30K under list price of $799K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $325K to $434K.