401 W 1st Ave Unit 1 Spokane, WA 99201
City Center Spokane NeighborhoodEstimated payment $3,440/month
Highlights
- City View
- Property is near public transit
- Wood Flooring
- Sacajawea Middle School Rated A-
- Cathedral Ceiling
- Solid Surface Countertops
About This Home
Exceptional investment opportunity in the heart of downtown Spokane! This distinctive 2-level, 1 bed/2 bath condo blends historic charm w/ modern upgrades, featuring exposed brick, hardwood floors & striking custom details throughout. The open main level offers a chef’s kitchen w/ large island, open shelving & beautiful fireplace w/ built-ins. Expansive windows showcase downtown views, including the iconic Paulsen & Hutton buildings. Upstairs, the loft-style suite is a private retreat w/ soaring ceilings, skylight, built-in desk, spa-like bath w/ dual sinks, shower, WIC & in-unit laundry. Located in a secure 7-unit building w/ garage parking, storage locker & HOA-covered W/S/G. Walkable to River Park Square, U-District, hospitals, restaurants & entertainment. Rentals allowed 6+ months (no short-term), pets w/ restrictions. Ideal for investors, professionals, or anyone seeking a one-of-a-kind downtown home. Urban living at its finest in one of downtown’s most distinctive buildings dating back to 1901!
Listing Agent
Brynn Rea
Redfin License #113892 Listed on: 09/17/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,953
Year Built
- Built in 1901
HOA Fees
- $515 Monthly HOA Fees
Parking
- 1 Car Garage
- Garage Door Opener
- Off-Site Parking
- Assigned Parking
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 1,331 Sq Ft Home
- Woodwork
- Cathedral Ceiling
- Skylights
- Gas Fireplace
- Vinyl Clad Windows
- Wood Frame Window
- Wood Flooring
- City Views
Kitchen
- Microwave
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Laundry
- Dryer
- Washer
Schools
- Sacajawea Middle School
- Lewis & Clark High School
Utilities
- Forced Air Heating and Cooling System
- High Speed Internet
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Assessor Parcel Number 35191.2342
Community Details
Pet Policy
- Pet Amenities
Additional Features
- Community Storage Space
- Controlled Access
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,954 | $495,720 | $143,920 | $351,800 |
| 2024 | $4,954 | $499,520 | $143,920 | $355,600 |
| 2023 | $4,907 | $550,920 | $143,920 | $407,000 |
| 2022 | $4,689 | $502,080 | $138,780 | $363,300 |
| 2021 | $4,560 | $383,720 | $41,120 | $342,600 |
| 2020 | $4,419 | $358,200 | $24,200 | $334,000 |
| 2019 | $2,076 | $358,200 | $24,200 | $334,000 |
| 2018 | $2,051 | $299,500 | $24,200 | $275,300 |
| 2017 | $932 | $121,860 | $24,160 | $97,700 |
| 2016 | $931 | $118,660 | $24,160 | $94,500 |
| 2015 | $928 | $114,700 | $24,200 | $90,500 |
| 2014 | -- | $114,700 | $24,200 | $90,500 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/17/2025 09/17/25 | For Sale | $480,000 | -16.5% | $361 / Sq Ft | |
| 10/25/2021 10/25/21 | Sold | $575,000 | 0.0% | $432 / Sq Ft | View Prior Sale |
| 10/17/2021 10/17/21 | Pending | -- | -- | -- | |
| 10/14/2021 10/14/21 | For Sale | $575,000 | +47.8% | $432 / Sq Ft | |
| 05/01/2018 05/01/18 | Sold | $389,000 | 0.0% | $292 / Sq Ft | View Prior Sale |
| 04/27/2018 04/27/18 | Pending | -- | -- | -- | |
| 04/24/2018 04/24/18 | For Sale | $389,000 | -- | $292 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | First American Title | |
| Warranty Deed | -- | First American Title | |
| Warranty Deed | $389,000 | First American Title Ins Co |
Source: Spokane Association of REALTORS®
MLS Number: 202524109
APN: 35191.2342
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