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Listed by Kidder Mathews
$ 3,350,000
Est. payment /mo
New
155 S Oak ST Spokane, WA 99201
46 Beds
31 Baths
27,224 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 27,224 sqft
Price per Sqft $123
Subdivision Spokane
MLS Listing ID 2373176
Style 56 - 10+ Units
Bedrooms 46
Year Built 1907
Annual Tax Amount $30,740
Lot Size 10,000 Sqft
Property Sub-Type Multi Family
Property Description
Located in the heart of Brownes Addition—one of Spokane's most desirable and historic neighborhoods—this well-maintained asset offers a rare chance to capture immediate and long-term value. With rents currently 21% below market and potential for a 37% increase through renovations, the property presents strong upside. Recent capital improvements, including a new roof and updated electrical panels, reduce near-term maintenance risk. Walkable access to transit and an optional 56-unit portfolio acquisition—including The Oak and Espanola Annex—make this an exceptional opportunity for scale and stability in a supply-constrained submarket.
Location
State WA
County Spokane
Area 561 - Spokane County
Interior
Flooring See Remarks
Fireplace false
Exterior
Exterior Feature Stucco
View Y/N No
Roof Type Composition
Building
Sewer Available
Water Community
New Construction No
Schools
School District Spokane
Others
Senior Community No
Acceptable Financing Cash Out, Conventional
Listing Terms Cash Out, Conventional
"Three Trees" icon indicates a listing provided courtesy of NWMLS.