Rare opportunity to own a versatile multi-family/mixed-use property in Spokane near schools, hospital, businesses with strong income potential and multiple commercial or residential uses. This unique property is ideal for group housing, assisted living, student housing, Airbnb, or office conversion. The back unit features a spacious 6 bed, 2 bath layout with the ability to accommodate up to 12 income-producing beds, previously operated as a group home generating around $700 per bed. The layout includes a large kitchen, open living space, designated manager’s quarters, and office loft—perfect for supported living, group housing, or workforce housing.The front unit offers 2 bed, 1 bath with a flexible setup ideal for a manager or owner-occupant, with a bedroom plus additional guest room/office. A side structure that is around 198 sq ft provides excellent potential for intake office, counseling space, or private workspace, plumbed with plumbing and electrical.
Active
$749,900
604 S Ray St, Spokane, WA 99202
8beds
3baths
3,014sqft
:
Get pre-qualified$4,726/mo
MultiFamily
Built in 1946
-- sqft lot
$-- Zestimate®
$249/sqft
$-- HOA
What's special
Office loftLarge kitchenOpen living space
- 135 days |
- 60 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Kristopher Zarek 509-795-0603,
Realty One Group Eclipse
Source: SMLS as distributed by MLS GRID,MLS#: 202614419
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
Primary bedroom
- Description: 1st Flr
Dining room
- Description: Informal
Family room
- Description: 1st Flr
Heating
- Electric, Ductless
Cooling
- Wall Unit(s)
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Windows: Wood Frames, Vinyl Frames
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 3,014
- Total interior livable area: 3,014 sqft
Property
Parking
- Parking features: Off Site, Alley Access, Shared Driveway
- Has uncovered spaces: Yes
Features
- Fencing: Fenced Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 6,534 Square Feet
- Features: Sprinkler - Automatic, Level
Details
- Additional structures: See Remarks
- Parcel number: 35222.4411
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
Materials
- See Remarks, Fiber Cement
- Roof: Composition
Condition
- Year built: 1946
Community & HOA
HOA
- Amenities included: Laundry, See Remarks
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $249/sqft
- Tax assessed value: $462,700
- Annual tax amount: $4,738
- Date on market: 3/31/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Price change | $749,9000%$249/sqft |
Source:  SMLS as distributed by MLS GRID #202614419 Report a problem | ||
| 3/31/2026 | Listed for sale | $750,000+20%$249/sqft |
Source: SMLS as distributed by MLS GRID #202614419 Report a problem | ||
| 7/22/2022 | Listing removed | -- |
Source: SMLS as distributed by MLS GRID #202217037 Report a problem | ||
| 6/15/2022 | Listed for sale | $625,000$207/sqft |
Source: SMLS as distributed by MLS GRID #202217037 Report a problem | ||
| 6/10/2022 | Pending sale | $625,000$207/sqft |
Source: SMLS as distributed by MLS GRID #202217037 Report a problem | ||
| 6/5/2022 | Listed for sale | $625,000+316.7%$207/sqft |
Source: SMLS as distributed by MLS GRID #202217037 Report a problem | ||
| 3/16/2020 | Sold | $150,000-3.2%$50/sqft |
Source: SMLS as distributed by MLS GRID #201926219 Report a problem | ||
| 1/14/2020 | Price change | $154,900-2.6%$51/sqft |
Source: RE/MAX of Spokane #201926219 Report a problem | ||
| 12/14/2019 | Price change | $159,000-2.5%$53/sqft |
Source: RE/MAX of Spokane #201926219 Report a problem | ||
| 11/14/2019 | Listed for sale | $163,000+34.8%$54/sqft |
Source: RE/MAX of Spokane #201926219 Report a problem | ||
| 8/6/2019 | Sold | $120,898-30.3%$40/sqft |
Source: Public Record Report a problem | ||
| 10/27/2018 | Listing removed | $173,500+303.5%$58/sqft |
Source: Auction.com Report a problem | ||
| 9/29/2018 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 11/17/2003 | Sold | $43,000-4.4%$14/sqft |
Source: Public Record Report a problem | ||
| 8/14/1996 | Sold | $45,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,738 +11.2% | $462,700 +7.8% |
| 2024 | $4,260 +1.7% | $429,400 -0.7% |
| 2023 | $4,190 +4.1% | $432,500 +5.1% |
| 2022 | $4,024 +21.3% | $411,500 +30.5% |
| 2021 | $3,318 +13.6% | $315,420 +33.4% |
| 2020 | $2,920 +7.8% | $236,380 +4.4% |
| 2019 | $2,708 | $226,450 +16.5% |
| 2018 | $2,708 +0.1% | $194,350 -0.2% |
| 2017 | $2,705 +1.6% | $194,800 +11.1% |
| 2016 | $2,662 +6.2% | $175,300 -0.1% |
| 2015 | $2,505 | $175,500 -2.8% |
| 2014 | $2,505 | $180,500 |
| 2013 | $2,505 -13.1% | -- |
| 2011 | $2,883 -3.2% | -- |
| 2010 | $2,979 | -- |
| 2009 | $2,979 +117.9% | -- |
| 2008 | $1,367 | -- |
| 2007 | $1,367 +8.2% | $122,700 |
| 2005 | $1,263 +107.9% | -- |
| 2004 | $607 +2.9% | -- |
| 2003 | $590 +0.5% | -- |
| 2002 | $587 +1.1% | -- |
| 2001 | $581 -6.8% | $39,360 -2.1% |
| 1999 | $623 | $40,200 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: East Central
Nearby schools
GreatSchools rating
- 4/10Sheridan Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 6/10Chase Middle SchoolGrades: 6-8Distance: 2.3 mi
- 7/10Ferris High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Frances
- Middle: Chase
- High: Ferris
- District: Spokane Dist 81
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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