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$2,650,000

  • Sold
  • Closed
  • Multi-Family

Listed by Max Frame | Kidder Mathews | (360) 705-2800
Sold by Max Frame | Kidder Mathews and Unrepresentd ZDefault | ZNonMember-Office-MLS

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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.

Full Property Details for 155 S Oak St

General

  • Sold For: $2,650,000
  • Taxes: $30,740 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2373176
  • Added to Site: 253 day(s) ago

Interior

  • Flooring: See Remarks

Location

  • Area: 561 - Spokane County
  • County: Spokane
  • Subdivision: Spokane
  • Driving Directions: 155 S Oak St, Spokane

School Information

  • High School District: Spokane

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Radiator

Utilities

  • Sewer: Available
  • Water: Community

Structural Information

  • Structure Type: Multi Family
  • Exterior Const.: Stucco
  • Foundation: See Remarks
  • Roof: Composition
  • Stories in Building: 3
  • Square Feet: 27,224
  • Year Built: 1907
  • Property Condition: Good

Unit Information

  • Units in Building: 6

Lot Features

  • Lot Size (Acres): 0.2296
  • Lot Size (Sq. Ft.): 10,000
  • Lot Size Source: County Assessor

Financial Considerations

  • Tax Amount: $30,740
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 25241.1607

Listed by Max Frame | Kidder Mathews | (360) 705-2800
Sold by Max Frame | Kidder Mathews and Unrepresentd ZDefault | ZNonMember-Office-MLS

Get Pre-Approved Today

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NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 155 S Oak St

School District:Spokane Public Schools
NameGradesDistance
Roosevelt Elementary School, Spokane, WA
333 West 14th Avenue, Spokane, WA 99204
PK-51.4 mi
Sacajawea Middle School, Spokane, WA
401 East 33rd Avenue, Spokane, WA 99203
6-82.6 mi
Lewis & Clark High School
521 West 4th Avenue, Spokane, WA 99204
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 155 S Oak St

Date
Details
Price
Change
Source
10/08/2025
Sold
$2,650,000
-20.9%
MLS
5/08/2025
Listed
$3,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Max Frame | Kidder Mathews | (360) 705-2800
Sold by Max Frame | Kidder Mathews and Unrepresentd ZDefault | ZNonMember-Office-MLS

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155 S Oak Street, Spokane, WA 99201 (MLS# 2373176) is a Multi-Family property that was sold at $2,650,000 on October 08, 2025. Want to learn more about 155 S Oak Street? Do you have questions about finding other Multi-Family real estate for sale in Spokane? You can browse all Spokane real estate or contact a Coldwell Banker agent to request more information.