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.
Sold
Listed by: Kidder Mathews
Bought with: Kidder Mathews
$2,650,000
155 S Oak Street, Spokane, WA 99201
--beds
--baths
27,224sqft
Multi Family
Built in 1907
-- sqft lot
$2,681,400 Zestimate®
$97/sqft
$1,326 Estimated rent
Home value
$2,681,400
$2.49M - $2.90M
$1,326/mo
Zestimate® history
Owner options
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$16,046/mo
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Zillow last checked:
Listing updated:
Listed by:
Max Frame,
Kidder Mathews
Bought with:
Max Frame, 130533
Kidder Mathews
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2373176
Facts & features
Interior
Heating
- Radiator, Electric
Cooling
- None
Features
- Flooring: See Remarks
- Has fireplace: No
Interior area
- Total structure area: 27,224
- Total interior livable area: 27,224 sqft
Property
Lot
- Size: 10,001 sqft
Details
- Parcel number: 25241.1607
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: See Remarks
- Roof: Composition
Condition
- Good
- Year built: 1907
- Major remodel year: 1907
Utilities & green energy
- Electric: Company: Avista
- Sewer: Available, Company: City of Spokane
- Water: Community, Company: City of Spokane
Community & neighborhood
Location
- Region: Spokane
- Subdivision: Spokane
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 292 days
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2025 | Sold | $2,650,000-20.9%$97/sqft |
Source:  NWMLS as distributed by MLS GRID #2373176 Report a problem | ||
| 10/8/2025 | Pending sale | $3,350,000$123/sqft |
Source: NWMLS as distributed by MLS GRID #2373176 Report a problem | ||
| 5/8/2025 | Listed for sale | $3,350,000$123/sqft |
Source: NWMLS as distributed by MLS GRID #2373176 Report a problem | ||
| 2/8/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/5/2024 | Listed for rent | $875 |
Source: Zillow Rentals Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Brownes Addition
Nearby schools
GreatSchools rating
- 7/10Roosevelt Elementary SchoolGrades: PK-6Distance: 1.4 mi
- 9/10Sacajawea Middle SchoolGrades: 6-8Distance: 2.5 mi
- 8/10Lewis & Clark High SchoolGrades: 9-12Distance: 0.9 mi
Sell for more on Zillow
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$2,681,400
2% more
+$53,628
With Zillow Showcase(estimated)
$2,735,028
- Washington
- Spokane County
- Spokane
- 99201
- Brownes Addition
- 155 S Oak Street
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Spokane Topics
