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315 W Riverside Ave Suite 504, Spokane, WA, 99201

1beds
1baths
1,380sqft
$315,000
$228price/sqft
$2,133/moest. monthly cost
$85,320/yrincome needed

About This Home

Welcome to Morgan Lofts, ideally located on the east end of downtown Riverside, offering both comfort and convenience. This 5th-floor unit features stunning downtown views and abundant natural light throughout. The kitchen is equipped with granite tile countertops and stainless steel appliances, blending style and functionality. Character shines with beautiful natural wood beams, extra-wide wood trim, and newer plush carpet. Enjoy the unique charm of the ornate indoor balcony and atrium, perfect for year-round relaxation. The spacious bedroom provides a comfortable retreat, and the in-unit laundry includes a stacking washer and dryer for added convenience. The secure building offers key-fob access, a welcoming large lobby, and an indoor parking garage space with remote entry. Just blocks from Riverfront Park and surrounded by downtown shopping, dining, and entertainment—this is urban living at its best.

Getting Around

96
WalkingWalker's Paradise
72
TransitExcellent Transit
77
BikeVery Bikeable

Schools

7/10
9/10
Sacajawea Middle SchoolGrades 6-82.3 mi
8/10
Lewis & Clark High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1909

Materials

  • Roof: Flat
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Craftsman,Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Disposal,Microwave

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1

Features

  • Window features: Vinyl Frames

First Floor

  • Level: First
  • Area: 1380

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,380
  • Total interior livable area: 1,380 sqft

Property

Details

  • Parcel number: 35184.2922

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: City

Lot

  • Features: Views

Parking

  • Parking features: Attached,Garage Door Opener,Off Site,See Remarks

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
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Earthquake
Heat Wave
Ice Storm
Strong Wind
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $1,592$19,104
Home Insurance *$114$1,368
Property Taxes $278$3,336
Electricity $149$1,793
Total$2,133$25,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,131/yr
40% on housing$63,990/yr
45% on housing$56,880/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$228This listing

vs Other Active Listings

Avg $/sqft

ZIP 99201$193
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99201$208
Spokane County$205

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

DateEventPrice
2026-07-06Price change$315,000
2026-06-08Price change$330,000
2026-05-22Price change$345,000
2026-05-15Listed for sale$359,900
2021-04-12Sold$257,500
2021-03-27Pending sale$265,000
2021-03-12Price change$265,000
2021-02-16Price change$285,000
2021-01-23Pending sale$275,000
2021-01-20Listed for sale$275,000
2021-01-15Pending sale$275,000
2021-01-14Listed for sale$275,000
2020-09-30Listing removed$275,000
2020-09-14Price change$275,000
2020-08-20Listed for sale$295,000
2016-04-14Sold$204,000
2011-04-12Sold$147,500
2010-08-17Sold$257,500
2006-06-14Sold$300,000

For Sale by Agent

AgentDonna Wilburn
BrokerageAmplify Real Estate Services

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