155 S Oak St

For Sale

155 S Oak St, Spokane, WA 99201

This Spokane property for sale is located at 155 S Oak St. The current listed sale price for 155 S Oak St is $3,350,000. 155 S Oak St is situated on a lot that is 0.23 acre in size.

Contacts

broker
Max Frame

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

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Getting around

  • 91/100

    Walk Score ®

  • 62/100

    Transit Score ®

  • 80/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Spokane, WA
  • Neighborhood Brownes Addition
  • Zip Code 99201
  • Market Spokane

Points of Interest

  • Conoco

    0.13 miles

  • 76

    0.17 miles

  • Chevron

    0.20 miles

  • Nomnom

    0.63 miles

  • Sunset Food Mart

    0.72 miles

  • Bong's

    0.95 miles

  • Tesla Destination Charger - Hampton Inn Spokane

    2.19 miles

  • ChargePoint

    3.23 miles

  • Jefferson Park and Ride

    0.34 miles

  • M Lot

    0.49 miles

  • Davenport Hotel Parking Garage

    0.67 miles

  • Parkade

    0.88 miles

  • Parkrite

    0.90 miles

  • City Ramp Garage

    0.90 miles

  • Diamond Parking

    0.91 miles

  • Boone Avenue Retail Center (BARC)

    2.12 miles

  • Tiki Lodge Spokane

    0.24 miles

  • Otis Hotel

    0.47 miles

  • The Montvale Hotel

    0.54 miles

  • Spokane Club Inn

    0.60 miles

  • Hotel Ruby

    0.61 miles

  • Baymont

    0.61 miles

  • The Historic Davenport, Autograph Collection

    0.66 miles

  • The Davenport Lusso, Autograph Collection

    0.69 miles

  • the Davenport Tower (autograph collection* hotels)

    0.72 miles

  • Steam Plant Hotel

    0.72 miles

  • Rosauers

    0.08 miles

  • Grocery Outlet

    0.15 miles

  • Nordstrom

    0.72 miles

  • Huckleberry's Natural Market

    0.75 miles

  • River Park Square

    0.78 miles

  • The Flour Mill

    1.04 miles

  • Main Market Coop

    1.23 miles

  • Logan Square

    1.71 miles

  • Safeway

    1.79 miles

  • Yoke's Fresh Marketplace

    2.40 miles

In-Depth Research Available for this Property

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.

Contact Listing Broker
broker
Max Frame

Kidder Mathews

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