$538,000
Listed at $595,0001 bd•1 ba•600 sq ft
503 N Railroad Avenue, Ellensburg, WA 98926
• Listed 2025-04-08
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Based on information submitted to the MLS GRID as of June 25, 2025 at 07:43am (date and time MLS GRID Data was obtained). 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.
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One of the most unique properties & most visible locations in town w/600 sq ft 1 bed/1 bath home & a shop/commercial building! The home & shop are light-industrial-zoned. Use the home as your own or an investment home as a rental. Thoroughly remodeled in 2015, the shop has 1,766 sq ft space feat. an open main area w/original slip-lap high ceilings, 2 office spaces, kitchenette & bathroom w/laundry hookups. While keeping hints of historic character, remodeling was down to the studs w/new insulation, wiring, multi-zone mini-split HVAC, alarm, mirrored awning windows, entire exterior landscaping, sprinklers & useful storage shed. Live & work on the same property or use both as investments. Residential & commercial in one.
Listed by Toby Williams • RE/MAX Community One Realty
Listing updated: June 25, 2025 at 07:43am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2357633
$251,000
-$287,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $240K and $538K.
Rental earnings
$750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$538,000Last sold price
503 N Railroad Avenue, Ellensburg, WA 98926

$240,254Last sold price
705 N Water Street, Ellensburg, WA 98926
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Ellensburg is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 20 days.
$300,000 Sold
4 weeks ago
2 bd•2.5 ba•~1,187 sq ft•Single Family
404 W 7th Avenue, Ellensburg, WA 98926
6%
Under list
—
Days on market
0.3 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Ellensburg School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.