Listed by Aris360
$299,000

311 W University Way Ellensburg, WA 98926

Estimated payment $1,791/month

2 Beds
1 Bath
1,086 Sq Ft
$275 Price per Sq Ft

Highlights

  • No HOA
  • 1-Story Property
  • Wood Siding
  • Bathroom on Main Level
  • Forced Air Heating System

About This Home

OPPORTUNITY ALERT! Investor or savvy buyer — this is your chance to capitalize on a prime development opportunity! Zoned Central Commercial, this property opens doors for a potential multi-unit complex, business use, or two additional dwellings under current city guidelines. Enjoy steady rental income from great tenants while you plan your next move and secure permits. The large fenced backyard features a covered cabana, perfect for entertaining, gardening, or simply relaxing. Alley access provides ample off-street parking and tons of storage with both a shed and an outbuilding for all your gear. A fantastic location close to amenities, transit, and downtown -don’t miss this incredible opportunity! Seller is a licensed broker.

Listing Agent

Angelina Dorosh

Aris360 License #23010652 Listed on: 10/29/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2449387

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,671

Year Built

  • Built in 1910

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140
  • 591533
  • Value in Land

Parking

  • Off-Street Parking

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Number of ADU Units: 0
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • University District Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 3
  • Assessor Parcel Number 591533

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,671

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1910
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: TWN EBURG; 1ST RAILROAD ADD.
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1086
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Living Area: 1086
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • BathsFullMain: 1
  • SquareFootageFinished: 1086
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Sidewalk, Value In Land
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • SewerCompany: Public
  • WaterHeaterLocation: Laundry

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Ellensburg
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 591533
  • Land Lease: No
  • Lot Size Acres: 0.1607
  • Lot Size: 50x140
  • Lot Size Sq Ft: 7000
  • Additional Parcels Description: 591533
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor
  • ZoningJurisdiction: City
  • LotNumber: 14

Green Features

  • Power Production Type: Electric

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2671

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,575 $282,460 $130,000 $152,460
2023 $2,575 $259,040 $100,000 $159,040
2022 $2,440 $217,460 $85,000 $132,460
2021 $2,333 $196,580 $70,000 $126,580
2019 $1,909 $155,570 $60,000 $95,570
2018 $1,825 $148,890 $60,000 $88,890
2017 $1,825 $131,040 $70,000 $61,040
2016 $1,765 $131,040 $70,000 $61,040
2015 $1,678 $131,040 $70,000 $61,040
2013 -- $131,040 $70,000 $61,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 For Sale $299,000 +15.0% $275 / Sq Ft
09/22/2022 09/22/22 Sold $260,000 +4.0% $240 / Sq Ft View Prior Sale
08/30/2022 08/30/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $249,950 -- $231 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Bargain Sale Deed $104,900 Stewart Title
Source: Public Records

About the Listing Agent

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2449387

Northwest Multiple Listing Service (NWMLS)

APN: 591533