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5038 E Commerce Ave, Spokane, WA 99212

Spokane County

Key Facts

4Beds
2Baths
2,598Sq Ft
1936Year Built
0.15Lot (acres)
1Garage

Description

Assumable FHA at 4.75%! Tucked into the sought-after West Valley School District, this thoughtfully remodeled 1936 Craftsman blends timeless character with modern peace of mind. Original hardwood floors, classic wood baseboard trim, built-in cabinetry, and preserved kitchen details maintain the home’s authentic charm, while two fully remodeled bathrooms match the original character. There are 3 bedrooms, 2 bathrooms, and an extra non-conforming bedroom in the basement with a separate exterior entrance, the layout offers flexibility for guests, work-from-home space, or hobbies. Modern updates include a built-in dishwasher, new oven/range, newer carpet, washer and dryer, updated electrical throughout, and power to the shop/garage. Major systems have already been addressed, including a tankless gas water heater and furnace installed in 2024, plus a sprinkler system for easy yard maintenance. Assumable FHA at 4.75%, ask for details.

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1936

Living Area

2,598 sq ft

Lot Size

0.15 acres

Garage Spaces

1

Days on Market

143

MLS® Listing#

202612169

Property Features

Interior

Smart ThermostatNatural WoodworkHigh Speed InternetMaster DownstairsWalk-In Closet(s)

Appliances

Tankless Water HeaterFree-Standing RangeGas RangeDishwasherMicrowave

Heating

Natural GasElectricForced Air

Fireplace

Wood BurningMasonry

Basement

FullFinishedWalk-Out Access

Parking

DetachedOff SiteAlley Access

Patio

Patio

Fencing

Fenced

Lot Features

Level

Construction

Brick

Roof

Composition

Windows

Wood Frames

Rooms

  • Second
  • First
  • BasementBasement

Schools

Elementary:
Orchard Center
Middle:
Centennial
High:
West Valley

Financial Details

Annual Taxes

$3,657

Parcel Number

351141301

Directions

Headed East on Trent, turn left on Waldo, left on Commerce

Affordability Calculator

$83,000

Estimated monthly payment

$2,209/mo

Principal $332,000 · Est. interest $463,170 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Spokane, WA

$477,839
Median Listing Price
45
Median Days on Market
2,181
Median Sq Ft
$220
Median Price / Sq Ft
1,755
Active Listings
  • This home’s price is 13% below the area median.
  • Its price per sq ft is 27% below the area median.

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

Location

Map showing the location of 5038 E Commerce Ave, Spokane, WA 99212

Points of Interest in Spokane, WA

Showing the Spokane area map.

Nearby Schools

  • Moody Aviation

    School · 1.1 mi away

  • West Valley School District No 363

    School · 1.2 mi away

  • Seth Woodard Elementary

    Elementary · 1.4 mi away

  • St Paschal Educare

    Elementary · 1.4 mi away

  • Cooper Elementary School

    Elementary · 1.4 mi away

  • Orchard Center Elementary

    Elementary · 1.6 mi away

  • Montessori Sprout House

    Elementary · 1.7 mi away

  • Centennial Middle School

    Secondary · 1.7 mi away

  • Eagle Peak School

    School · 1.8 mi away

  • Sheridan Elementary School

    Elementary · 1.8 mi away

  • Woodland Montessori School

    Elementary · 1.9 mi away

  • Riverday School

    Elementary · 2.0 mi away

  • West Valley High School

    Secondary · 2.0 mi away

  • Libby Center

    Elementary · 2.1 mi away

  • Spokane School Maintenance

    Secondary · 2.1 mi away

  • Bemiss Elementary School

    Elementary · 2.1 mi away

  • Newtech Prep

    Secondary · 2.2 mi away

  • Regal Elementary

    Elementary · 2.3 mi away

  • Shaw Middle School

    Secondary · 2.3 mi away

  • Spokane Valley High School

    Secondary · 2.3 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Spokane

Listing Courtesy: Coldwell Banker Tomlinson - 5099217400

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#202612169. © 2026EXIT Realty®. All rights reserved.