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.
This Awesome shop is 20x36 with a 12x16 door. 100 amp service. Insulated with a loft. Patio and lawn area behind the shop. The house has hardwood floors and 2 bedrooms, one full bath and a full basement for expansion. Large corner lot.
SPOKANEMLS as Distributed by MLS Grid #201319033
Oct 12, 2013
Listing Removed
—
Jun 12, 2013
Listed
$124,900
$80/sq ft
Public Records
Jun 29, 2000
Sold
$60,700
$39/sq ft
Public Records
Jul 19, 1995
Sold
$64,000
$41/sq ft
Public Records
Feb 28, 1994
Sold
$53,500
$34/sq ft
Public Records
Dec 27, 1978
Sold
$29,700
$19/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,065 (+22.0%)
$70,000 + $173,400
$243,400
2025
$2,513 (+13.8%)
$70,000 + $173,400
$243,400
2024
$2,207 (+6.7%)
$60,000 + $177,200
$237,200
2023
$2,069 (+3.4%)
$55,000 + $165,600
$220,600
2022
$2,001 (+13.2%)
$45,000 + $128,100
$173,100
2021
$1,768 (+6.9%)
$45,000 + $106,300
$151,300
2020
$1,654 (+14.8%)
$45,000 + $89,700
$134,700
2019
$1,441 (−12.3%)
$35,000 + $83,600
$118,600
2018
$1,644 (+6.7%)
$32,500 + $76,300
$108,800
2017
$1,540 (−3.1%)
$32,500 + $76,300
$108,800
2016
$1,590 (+2.1%)
$32,500 + $76,900
$109,400
2015
$1,557
$32,500 + $77,100
$109,600
Tax history for 501 E Elm St
Year
Property tax
Land + Additions
Assessment*
2026
$3,065 (+22.0%)
$70,000 + $173,400
$243,400
2025
$2,513 (+13.8%)
$70,000 + $173,400
$243,400
2024
$2,207 (+6.7%)
$60,000 + $177,200
$237,200
2023
$2,069 (+3.4%)
$55,000 + $165,600
$220,600
2022
$2,001 (+13.2%)
$45,000 + $128,100
$173,100
2021
$1,768 (+6.9%)
$45,000 + $106,300
$151,300
2020
$1,654 (+14.8%)
$45,000 + $89,700
$134,700
2019
$1,441 (−12.3%)
$35,000 + $83,600
$118,600
2018
$1,644 (+6.7%)
$32,500 + $76,300
$108,800
2017
$1,540 (−3.1%)
$32,500 + $76,300
$108,800
2016
$1,590 (+2.1%)
$32,500 + $76,900
$109,400
2015
$1,557
$32,500 + $77,100
$109,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
6,133 Sq. Ft.
Year renovated
2015
Sq. Ft.
780
Year built
1943
Style
Single Family Residential
County
Spokane County
APN
36173.0529
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 2, 2026.
MDR
Medium Density Residential
The Medium Density Residential zone is primarily for a combination of singlefamily through multi-family uses at a density range of greater than 6 to and including 15 dwelling units per acre. Cluster development, zero lot-line housing and other incentives are permitted to promote infill and preservation of open space. Business and professional offices are permitted in this zone.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Educational / school
Fire house
Property details
Parking
Parking Information
Parking Features: Detached, Workshop in Garage, Oversized