Welcome to this move-in-ready rancher with a full basement, offering 4 bedrooms and 2 bathrooms in a highly desirable Spokane Valley location. Recently updated with fresh paint and new carpet, this home also features original hardwood floors underneath—ready to be uncovered and restored for added charm. The kitchen includes brand-new appliances, and the home has been upgraded with a tankless water heater and a whole-house water filtration system for comfort and efficiency. Outside, enjoy the fully fenced backyard complete with a gazebo and central fire pit—perfect for relaxing or entertaining. A large shop provides space for your hobbies or storage, and there's even covered parking for your RV. Plus, an attached 2-car garage offers additional convenience. Located close to Valley schools, bus stops, shopping, and restaurants, this home has it all—updates, space, and a prime location. You won’t want to miss this one!
Pending
Price cut: $11K (10/14)
$529,000
2318 S University Rd, Spokane, WA 99206
4beds
2baths
2,268sqft
Est.:
Single Family Residence
Built in 1955
0.41 Acres Lot
$520,400 Zestimate®
$233/sqft
$-- HOA
What's special
Large shopTankless water heaterFull basementOriginal hardwood floorsBrand-new appliancesFully fenced backyardCentral fire pit
- 137 days |
- 287 |
- 7 |
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 05:39pm
Listed by:
Christina Wyatt 509-907-9005,
Engel & Volkers Western Frontier,
Connie Hamblen 206-371-4468,
Engel & Volkers Western Frontier
Source: SMLS,MLS#: 202521986
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Basement
- Level: Basement
First floor
- Level: First
- Area: 1134 Square Feet
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Water Softener, Tankless Water Heater, Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Basement
Features
- Flooring: Wood
- Windows: Windows Vinyl
- Basement: Full,Finished,Rec/Family Area
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Pellet Stove
Interior area
- Total structure area: 2,268
- Total interior livable area: 2,268 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Detached, Carport, RV Access/Parking, Workshop in Garage, Garage Door Opener, Off Site, Oversized
- Garage spaces: 4
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Fencing: Fenced Yard
- Has view: Yes
- View description: Territorial
Lot
- Size: 0.41 Acres
- Features: Sprinkler - Automatic, Level, Open Lot, Near Public Transit, Oversized Lot
Details
- Additional structures: Workshop
- Parcel number: 45291.0809
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Composition
Condition
- New construction: No
- Year built: 1955
Community & HOA
HOA
- Has HOA: No
Location
- Region: Spokane
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $433,700
- Annual tax amount: $4,614
- Date on market: 8/7/2025
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$520,400
$494,000 - $546,000
$2,349/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/3/2025 | Pending sale | $529,000$233/sqft |
Source:  SMLS #202521986 Report a problem | ||
| 10/14/2025 | Price change | $529,000-2%$233/sqft |
Source: SMLS #202521986 Report a problem | ||
| 9/9/2025 | Price change | $540,000-1.8%$238/sqft |
Source: SMLS #202521986 Report a problem | ||
| 8/7/2025 | Listed for sale | $550,000$243/sqft |
Source: SMLS #202521986 Report a problem | ||
| 7/22/2022 | Sold | $550,000$243/sqft |
Source: SMLS #202217692 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,614 +11.7% | $433,700 +0.5% |
| 2023 | $4,132 +7.1% | $431,700 +6.9% |
| 2022 | $3,859 +4.1% | $403,900 +30.7% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,091/mo
Principal & interest
$2540
Property taxes
$366
Home insurance
$185
Climate risks
Neighborhood: 99206
Nearby schools
GreatSchools rating
- 6/10University Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Bowdish Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10University High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: University
- Middle: Bowdish
- High: University
- District: Central Valley
Source: SMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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