Map of Property

155 S Oak St

155 S Oak St, Spokane, WA 99201

  • For Sale $3,350,000
  • Property Type Multi-Family
  • Property Size 27,224 SF
  • Units 31
  • Lot Size 0.23 Acre
  • Year Built 1907
  • Date Updated Jun 24, 2025

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.

Price/Unit $108,064.52

Average Unit SF 878

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Contacts

broker
Max Frame Is this you?

Kidder Mathews

Location

Getting Around

  • Walk Score ®

    91/100 Walker's Paradise

  • Transit Score ®

    62/100 Good Transit

  • Bike Score ®

    80/100 Very Bikeable
Powered by Walk Score ®
  • City Spokane, WA
  • Neighborhood Brownes Addition
  • Zip Code 99201
  • Market Spokane

Points of Interest

  • Conoco

    0.13 miles

  • 76

    0.17 miles

  • Chevron

    0.20 miles

  • Nomnom

    0.63 miles

  • Sunset Food Mart

    0.72 miles

  • Bong's

    0.95 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    2.19 miles

  • ChargePoint

    3.23 miles

  • Jefferson Park and Ride

    0.34 miles

  • M Lot

    0.49 miles

  • Davenport Hotel Parking Garage

    0.67 miles

  • Parkade

    0.88 miles

  • Parkrite

    0.90 miles

  • City Ramp Garage

    0.90 miles

  • Diamond Parking

    0.91 miles

  • Boone Avenue Retail Center (BARC)

    2.12 miles

  • Tiki Lodge Spokane

    0.24 miles

  • Otis Hotel

    0.47 miles

  • The Montvale Hotel

    0.54 miles

  • Spokane Club Inn

    0.60 miles

  • Hotel Ruby

    0.61 miles

  • Baymont

    0.61 miles

  • The Historic Davenport, Autograph Collection

    0.66 miles

  • The Davenport Lusso, Autograph Collection

    0.69 miles

  • the Davenport Tower (autograph collection* hotels)

    0.72 miles

  • Steam Plant Hotel

    0.72 miles

  • Lucky You Lounge

    0.10 miles

  • Ming Wah

    0.11 miles

  • El Que

    0.15 miles

  • The Elk Public House

    0.16 miles

  • Browne’s Bistro

    0.16 miles

  • Italia Trattoria

    0.17 miles

  • Frank's Diner

    0.17 miles

  • Pizza Hut

    0.22 miles

  • Subway

    0.23 miles

  • Jenny's Diner

    0.23 miles

  • TEC at Bryant

    0.75 miles

  • Lumen High School

    0.75 miles

  • Lewis and Clark High School

    0.90 miles

  • Holmes Elementary School

    1.15 miles

  • Bancroft School

    1.28 miles

  • Dynamic Christian Academy

    1.30 miles

  • Roosevelt Elementary School

    1.33 miles

  • Cataldo Catholic School

    1.42 miles

  • WSU Health Sciences Spokane Campus

    1.47 miles

  • Spokane Public Montessori

    1.52 miles

  • GLOW Children Early Learning Center

    0.74 miles

  • Head Start

    1.01 miles

  • Journey Discovery Center

    1.42 miles

  • Kids First Children's Center

    1.44 miles

  • Crayon College

    1.97 miles

  • Little Rascals Children's Center

    2.21 miles

  • Giggling Guest Child Care Center

    2.69 miles

  • Logan / Lidgerwood Head Start

    3.26 miles

  • Where Little People Grow

    3.57 miles

  • Planet Kids Childcare Center

    3.60 miles

Frequently Asked Questions

How much does 155 S Oak St cost?

The space currently listed for sale at 155 S Oak St asks for $3,350,000.

What is the total square footage of 155 S Oak St?

155 S Oak St totals 27,224 square feet.

When was this property built?

155 S Oak St was built in 1907.

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Contact Listing Broker
broker
Max Frame Is this you?

Kidder Mathews

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