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
Zillow last checked:
Listing updated:
Bought with:
Max Frame, 130533
Kidder Mathews
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2373176
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 | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,656,700
2% more
+$53,134
With Zillow Showcase(estimated)
$2,709,834
