Contacts

Kidder Mathews
Property Details
- 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
Reach out to the broker for more info on lease terms and amenities
Getting around
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Location
- City Spokane, WA
- Neighborhood Brownes Addition
- Zip Code 99201
- Market Spokane
Points of Interest
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Conoco
0.13 miles
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76
0.17 miles
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Chevron
0.20 miles
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Nomnom
0.63 miles
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Sunset Food Mart
0.72 miles
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Bong's
0.95 miles
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Tesla Destination Charger - Hampton Inn Spokane
2.19 miles
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ChargePoint
3.23 miles
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Jefferson Park and Ride
0.34 miles
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M Lot
0.49 miles
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Davenport Hotel Parking Garage
0.67 miles
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Parkade
0.88 miles
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Parkrite
0.90 miles
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City Ramp Garage
0.90 miles
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Diamond Parking
0.91 miles
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Boone Avenue Retail Center (BARC)
2.12 miles
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Tiki Lodge Spokane
0.24 miles
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Otis Hotel
0.47 miles
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The Montvale Hotel
0.54 miles
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Spokane Club Inn
0.60 miles
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Hotel Ruby
0.61 miles
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Baymont
0.61 miles
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The Historic Davenport, Autograph Collection
0.66 miles
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The Davenport Lusso, Autograph Collection
0.69 miles
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the Davenport Tower (autograph collection* hotels)
0.72 miles
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Steam Plant Hotel
0.72 miles
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Rosauers
0.08 miles
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Grocery Outlet
0.15 miles
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Nordstrom
0.72 miles
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Huckleberry's Natural Market
0.75 miles
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River Park Square
0.78 miles
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The Flour Mill
1.04 miles
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Main Market Coop
1.23 miles
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Logan Square
1.71 miles
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Safeway
1.79 miles
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Yoke's Fresh Marketplace
2.40 miles
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Kidder Mathews