MLS# 295496 | Small Footprint, BIG Possibilities in the Heart of Palouse! Charming, beautifully remodeled, and full of opportunity! This 2-bedroom, 1-bath home offers the perfect blend of historic character, modern updates, and income-producing potential. **Currently operating as a successful Airbnb**, this property presents an exciting opportunity for investors looking for a turnkey short-term rental, a second home, or buyers seeking a charming place to call their own! Originally built in 1910, this home has been thoughtfully updated while preserving its timeless appeal. The inviting open-concept living and kitchen area features granite countertops, updated finishes, abundant natural light, and a cozy pellet stove. With 1,155 square feet of comfortable single-level living, you'll enjoy low-maintenance convenience without sacrificing charm. Outside, the spacious yard provides plenty of room to relax, entertain, or enjoy the peaceful surroundings. Whether you're looking for a move-in-ready home, a weekend getaway, or an investment property with an established short-term rental history, this Palouse gem offers possibilities beyond its size! Don't miss your chance to own a little piece of Palouse with BIG potential! Let's see those offers!
Active
Price cut: $5.4K (9/15)
$294,500
120 W Cannon St, Palouse, WA 99161
2beds
1,155sqft
Single Family Residence
Built in 1910
5,000 Square Feet Lot
$288,900 Zestimate®
$255/sqft
$-- HOA
What's special
Cozy pellet stoveModern updatesSpacious yardAbundant natural lightUpdated finishesPeaceful surroundingsHistoric character
- 90 days
- 281
- 11
Zillow last checked:
Listing updated:
Listed by:
Ashley Alred 509-338-5306,
Coldwell Banker Tomlinson Associates
Source: PACMLS as distributed by MLS GRID,MLS#: 295496
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Dining - Kitchen/Combo, Master - Main Level, Counters - Granite/Quartz, Laundry
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Electric, Forced Air, Pellet Stove
Cooling
- Forced Air, Window Unit(s), Electric
Appliances
- Included: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
Features
- Ceiling Fan(s)
- Windows: Double Pane Windows, Vinyl Windows
- Basement: No Basement
- Fireplace features: Two, See Remarks, Free Standing, Living Room
Interior area
- Total structure area: 1,155
- Total interior livable area: 1,155 sqft
Video & virtual tour
Property
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Exterior features: Shed(s), Fenced
Lot
- Size: 5,000 Square Feet
- Dimensions: 100 x 50
- Features: Located in City Limits, Garden
Details
- Parcel number: 107250010070000
- Zoning: Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1910
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Palouse
Location
- Region: Palouse
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $127,704
- Annual tax amount: $1,537
- Date on market: 8/12/2026
- Listing terms: Cash,Conventional,FHA,VA,USDA Loan
- Inclusions: Additional Building, Storage Shed and appliances
Estimated market value
$288,900
$274,000 - $303,000
$1,400/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Price change | $294,500-1.8%$255/sqft |
Source:  PACMLS as distributed by MLS GRID #295496 Report a problem | ||
| 8/12/2026 | Listed for sale | $299,900$260/sqft |
Source: PACMLS as distributed by MLS GRID #295496 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,537 -4.9% | $127,704 +6.4% |
| 2024 | $1,616 +0.9% | $120,065 +8.2% |
| 2023 | $1,602 -5.3% | $110,926 |
| 2022 | $1,692 +5% | $110,926 +81.6% |
| 2021 | $1,612 +98.9% | $61,096 -16.4% |
| 2019 | $810 -1.4% | $73,090 |
| 2018 | $822 -18.9% | $73,090 |
| 2017 | $1,012 -11.3% | $73,090 |
| 2016 | $1,142 +0.1% | $73,090 |
| 2015 | $1,140 +12.4% | $73,090 +9.3% |
| 2014 | $1,014 +16.5% | $66,900 |
| 2013 | $870 | $66,900 |
| 2011 | -- | $66,900 |
| 2010 | -- | $66,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 99161
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