#202516220, Brenda Tampien, Listing office: eXp Realty 4 Degrees
Property details
About 5634 E Commerce Ave
A classic 1913 brick landmark in Spokane, the Parkwater Schoolhouse has been reimagined as a distinctive apartment building with room to grow. This two-story former school—once a brewery and later a beloved winery—now features four renovated residential apartments and a shared laundry room for tenants. Zoned GC-70, the property includes two large main-floor spaces with strong potential to be converted into up to four additional apartments. Situated on a prominent corner lot, the 8,832 sq ft building sits on over half an acre and offers 25 parking spaces. The full unfinished basement includes a conveyor belt and loading dock, offering further potential for storage, creative reuse, or development. Full of historic character and investment upside, the Parkwater Schoolhouse presents a rare opportunity to expand a residential income property in a truly one-of-a-kind setting.
Highlights
Home typeMulti Family
HeatingNatural Gas, Electric
StatusActive
Size8,832 sqft
BasementYes
Lot size0.56 Acres
Year built1913
ParkingRV Access/Parking, Off Site, See Remarks
MLS #202515212
ViewTerritorial
Summary
- Appliances: Refrigerator, Washer, Dryer
- Basement: Yes
- Parking: RV Access/Parking, Off Site, See Remarks
- View: Territorial
- Architectural Style: Traditional
- Heating: Natural Gas, Electric
- List Price: $725,000
- Price/SqFt: $82
- Annual Tax Amount: $3,480
- Tax Year: 2024
- Lot: Level, Corner Lot
- Directions: On the corner of Fancher and Commerce. Just one block from Trent Ave (SR-290)
- Year Built: 1913
- Stories: 2
- Living Area: 8,832 SqFt
- Lot Size: 0.56 Acres
- MLS Number: 202515212
- MLS Name: SARMLS
- Office Name: REAL Broker LLC
- Office Email: wacontracts@therealbrokerage.com
- Listing Agent: Marianne Bornhoft
Listings courtesy of Spokane Association of REALTORS® MLS as distributed by 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. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/14/2025, 7:40:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 05, 2022 | Home Sold | $565,000 |
| Apr 04, 2022 | Home Sold | $375,000 |
| Mar 16, 2022 | Home Sold | $375,000 |
| Mar 02, 2004 | Home Sold | $133,500 |
| Nov 12, 1998 | Home Sold | $101,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $368,690 | $3,480 |
| 2023 | $210,590 | $2,341 |
| 2022 | $210,590 | $2,341 |
| 2021 | $184,490 | $2,219 |
| 2020 | $171,130 | $2,315 |
| 2018 | $167,490 | $2,122 |
| 2017 | $153,190 | $2,488 |
History based on county public records data.
Nearby schools
2
Seth Woodward Elementary School
Public District 1-5
1.0 mi
•7401 E Mission Ave
5
Orchard Center Elementary School
Public District 1-5
1.2 mi
•7519 E Buckeye Ave
4
Cooper Elementary School
Public District PK-5
1.7 mi
•3200 N Ferrall St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,171. Most Spokane, WA residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
55%
<35k
43%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
49%
Single, No Kids
18%
Single, with Kids
18%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Books-a-Million
Big Lots
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Toyota
Kia
What do the neighbors listen to?
Rock
Adult Hits- Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 5634 E Commerce Ave
The listing price of 5634 E Commerce Ave property is $725,000.
The property 5634 E Commerce Ave is a multi located in Spokane, Washington, 99207.
Active Listing: 5634 E Commerce Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5634 E Commerce Ave are: Seth Woodward Elementary School (GreatSchools Rating 2/10), Orchard Center Elementary School (GreatSchools Rating 5/10), Cooper Elementary School (GreatSchools Rating 4/10), Centennial Middle School (GreatSchools Rating 3/10), West Valley City School (GreatSchools Rating 4/10), Shaw Middle School (GreatSchools Rating 2/10), West Valley High School (GreatSchools Rating 6/10), Pratt Academy (GreatSchools Rating 2/10), Spokane Valley High School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $3,480 (source: MLS/based on county public records data).
The last sale was on July 5, 2022 for $565,000 (source: MLS/tax record).
The property 5634 E Commerce Ave is 8,832 SqFt (source: MLS/tax record).
The year of construction for 5634 E Commerce Ave is 1913.
This home is located at 5634 E Commerce Ave in Spokane, WA and zip code 99212 in the Chief Garry Park neighborhood. This 8,832 square foot home, which was built in 1913, sits on a 0.56 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $725,000.
Over 120 listings were sold over their listed price in June 2025 in Spokane, WA. In the same period over 118 listings were sold below the listed price and 113 listings were sold for the listed price. The inventory of homes for sale in Spokane, WA between May and June 2025 increased by 10.8%. In June 2025 median list price was $409,925 and the average listing age was 23 days.
From Rocket Homes Real Estate and based on county public records data.