1215 S Ray St, Spokane, WA 99202

Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
1215 S Ray St,Spokane, WA 99202
$85,000
  • 0.31 Acres
  • Lots / Land
  • Active
Listed by: haydn halsted
Office: real broker llc.
MLS#:202613847
Source:WA_SAR

Price summary

  • Price:$85,000

About this home

Investors and developers — this is the one. A third of an acre in South Hill, Spokane, zoned for up to 4 units under City density code. Build a fourplex, duplex with ADUs, or cottage cluster—flexible for max returns. Water and sewer at the street keep costs predictable. Minutes to Trader Joe’s, Lincoln Heights Shopping Center, transit, and quick freeway access to downtown and the Valley—strong rental demand and commuter appeal. In order to reduce upfront capital, the owner is open to a joint venture with a qualified builder and agreement to share proceeds upon sale of the finished project. Infill lots with this zoning, size, and location are rare. Run your numbers and come take a look. MUST CONTACT REALTOR TO VIEW. DO NOT DRIVE ON EASEMENT NEXT TO PROPERTY.

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Home facts

  • Listing ID #:202613847
  • Added:101 day(s) ago
  • Updated:June 29, 2026 at 03:53 PM

Structure and exterior

  • Lot area:0.31 Acres

Schools

  • High school:Ferris
  • Middle school:Chase
  • Elementary school:Franklin

Finances and disclosures

  • Price:$85,000