155 S Oak Street
Spokane, WA 99201
- – beds
- – baths
- 27,224 sqft
- 10,000 sqft lot
- $123 per sqft
- 1907 build
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.
Last checked:
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Last updated May 8, 2025
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MLS# 2373176 —
The Building
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Year Built:1907
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Year Built:1907
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Year Built Source:Public Records
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New Construction:false
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Structure Type:Multi Family
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Roof:Composition
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Foundation Details:See Remarks
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Exterior Features:Stucco
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Units In Building Total:6
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# of Units Total:31
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Stories Total:3
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Building Area Total:27224
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Building Area Units:Square Feet
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Calculated SqFt:27224
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SqFt Source:County Assessor
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Construction Materials:Stucco
Interior
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Flooring:See Remarks
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Fireplace:false
Financial & Terms
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Possession:Closing
Location
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Latitude:47.654719
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Longitude:-117.438208
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Directions:155 S Oak St, Spokane
The Property
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Property Type:Residential Income
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Property Subtype:Multi Family
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Property Condition:Good
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Parcel Number:25241.1607
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Lot Size Units:Square Feet
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Lot Size Acres:0.2296
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Lot Size SqFt:10000
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Lot Size Source:County Assessor
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Zoning Jurisdiction:City
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View:false
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Waterfront:false
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Additional Parcels Description:25241.1607
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Irrigation Water Rights:false
Listing Agent
- Contact info:
- Agent phone:
- (360) 705-2800
- Office phone:
- (360) 705-2800
Taxes
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Tax Year:2025
-
Tax Annual Amount:30740
Beds
-
Bedrooms Possible:46
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Cooling:false
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Heating:true
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Cooling:None
Utilities
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Water Company:City Of Spokane
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Water Source:Community
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Sewer:Available
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Sewer Company:City Of Spokane
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Power Company:Avista
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Water Sewer Garbage:15658
Schools
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High School District:Spokane
The Community
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Subdivision Name:Spokane
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Amenities:Coin Op Laundry
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Senior Community:false
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Association:false
Parking
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Open Parking:false
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Carport:false
Listing courtesy of NWMLS / Kidder Mathews
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Listed / Active | NWMLS | $3,350,000 |
