7408 N Market St, Spokane, WA, 99217
About This Home
Great investment opportunity! This property offers many options, including but not limited to: Renovate the house and make it your home or an income/rental property, Turn the home into a business and take advantage of the convenient location on Market St. just a few minutes from access to the new North South Freeway. The light industrial zoning could allow for a tear down and build to utilize the large 0.40 acre lot for many different businesses. (Please contact Spokane County to verify options) Or just renovate to flip & sell. With nearly 1500 sq.ft. on the main floor, this 2Bd, 1Bth home is a blank canvas waiting for your inspiration and ideas. The home is connected to public water, and the septic has been designed and permitted, see attached documents.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1946
Materials
- Roof: Metal
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Basement
- Has basement: Yes
- Basement: Partial,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
Features
- Number of fireplaces: 1
First Floor
- Level: First
- Area: 1493
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 1,853
- Total interior livable area: 1,853 sqft
Property
Details
- Parcel number: 36272.0217
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: Territorial
Lot
- Lot size: 0.39 Acres
- Features: Views,Level
Parking
- Parking features: Off Site
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Ice Storm
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Spokane County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $909 | $10,908 |
| Home Insurance * | $61 | $732 |
| Property Taxes | $155 | $1,860 |
| Electricity | $149 | $1,793 |
| Total | $1,274 | $15,288 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-19 | Listed for sale | $179,900 |
| 2026-04-10 | Pending sale | $179,900 |
| 2026-03-04 | Price change | $179,900 |
| 2026-01-09 | Listed for sale | $199,900 |
| 2024-11-25 | Sold | $175,000 |
| 2024-11-11 | Pending sale | $175,000 |
| 2024-11-06 | Listed for sale | $175,000 |
| 2011-01-03 | Listing removed | $125,000 |
| 2010-07-13 | Listed for sale | $125,000 |
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