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2607 E 5th Ave, Spokane, WA 99202

Spokane County

Key Facts

0.27Lot (acres)

Description

SELLER FINANCING AVAILABLE! DEVELOPMENT OPPORTUNITY: 5-LOT TOWNHOME PACKAGE. This is assemblage is in a high-growth Spokane corridor. This professional package includes five contiguous, legally recorded five fee-simple parcels 35211.5801, 35211.5802, 35211.5803, 35211.5804, 35211.5805 totaling 11,870 SF (0.27 AC). The site features an approximate 88 feet of street frontage and a superior 142-foot depth, specifically platted and engineered for a 5-unit attached townhome project. Positioned within the Franklin Elementary, Chase Middle, and Ferris High School boundaries, this level and surveyed site utilizes R2 zoning and alley access for high-efficiency, rear-loading garage designs. All municipal utilities including City Water, Sewer, and Avista are at the street for utility connection.

Property Information

Property Type

Land

Sub-Type

Unimproved Land

Lot Size

0.27 acres

Lot Dimensions

142 x 88

Zoning

R2

Days on Market

42

MLS® Listing#

202615046

Property Features

Fencing

FencedCross Fenced

Lot Features

WoodedLevelOpen LotIrregular Lot

Utilities

Sewer AvailableNatural Gas AvailableWater Available

Schools

Elementary:
Franklin
Middle:
Chase
High:
Ferris

Financial Details

Annual Taxes

$2,285

Parcel Number

35211.5801

Directions

From westbound I90 take Altamont exit, Go South on Altamont, turn East on 5th, just past Smith St, property on North side of 5th.

Affordability Calculator

$35,000

Estimated monthly payment

$931/mo

Principal $140,000 · Est. interest $195,312 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Spokane, WA

$479,820
Median Listing Price
44
Median Days on Market
2,184
Median Sq Ft
$220
Median Price / Sq Ft
1,759
Active Listings
  • This home’s price is 64% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Spokane, WA.

Location

Map showing the location of 2607 E 5th Ave, Spokane, WA 99202

Points of Interest in Spokane, WA

Showing the Spokane area map.

Nearby Schools

  • Libby Center

    Elementary · 0.3 mi away

  • Sheridan Elementary School

    Elementary · 0.8 mi away

  • Franklin Elementary

    Elementary · 0.8 mi away

  • Grant Elementary

    Elementary · 1.0 mi away

  • Riverday School

    School · 1.0 mi away

  • All Saints Catholic School

    School · 1.1 mi away

  • Riverday School

    Elementary · 1.2 mi away

  • Pride Prep Charter School

    Secondary · 1.3 mi away

  • Innovation High School

    Secondary · 1.3 mi away

  • Stevens Elementary School

    Elementary · 1.5 mi away

  • Discovery School

    Secondary · 1.5 mi away

  • Daybreak Alternative School

    Secondary · 1.7 mi away

  • Hutton Elementary School

    Elementary · 1.8 mi away

  • Plum Tree School

    School · 1.8 mi away

  • Sacred Heart Hospital

    School · 1.9 mi away

  • St Aloysius Catholic School

    School · 1.9 mi away

  • Blue Prints for Learning

    School · 1.9 mi away

  • All Saints Catholic School

    Elementary · 2.1 mi away

  • Herzog Family Center

    Elementary · 2.1 mi away

  • Roosevelt Elementary School

    Elementary · 2.1 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
2601 N Barker Rd, Spokane Valley, WA$124,90021840
00J N Ritchey Rd, Spokane, WA$125,000
5102 N Scenic Ln, Spokane, WA$125,000
107 S Madison St, Spokane, WA$125,000
16510 N Abigail Ln, Spokane, WA$125,000
962 S Arthur St, Spokane, WA$125,000

Moving Cost Estimate

EXIT Agents in Spokane

Listing Courtesy: COBALT BROKERS - 5097951031

Listings courtesy of the Spokane Association of REALTORS® as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Spokane. MLS® Listing#202615046. © 2026EXIT Realty®. All rights reserved.