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Listed by: Max Frame (360) 705-2800 | Kidder Mathews (360) 705-2800
$6,400,000
Monthly Est:$31,855
74 Beds
76 Baths
56,800sqft
206 S Post St, Spokane, WA 99201
$6,400,000
$31,855/moEst:
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Multi Family
Built in 1890
$-- HOA
14,200 sqft lot
$113/sq.ft
Description
Kidder Mathews is pleased to present 206 Flats, a 74-unit apartment community with three ground-floor commercial spaces located in the heart of Downtown Spokane. Originally constructed in 1890, this seven-story, 56,800 SF historic property has undergone millions of dollars in renovations, including updated electrical and plumbing systems, fire sprinklers, renovated unit interiors, and significant mechanical upgrades. The property features 60 studio apartments, 14 one-bedroom units, central air conditioning, shared laundry facilities, two elevators, and underground parking. 206 Flats offers investors a stabilized, income-producing asset with a history of 95%+ occupancy, established commercial tenants with long-term leases and annual rent increases, and additional upside through rental growth and potential repurposing of underutilized common areas. Ideally positioned near Spokane's Hospital District, University District, Riverfront Park, shopping, dining, and major employment centers, 206 Flats represents a compelling opportunity to acquire a renovated mixed-use investment property in Downtown Spokane.
- Houzeo last checked: 3 hours ago
- Listing updated: October 26, 2026 at 5:13 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2595441
Property Details
Status
Active
Type
Multi Family
No. of Stories
7
County
City
Neighborhood
Year Built
1890
HOA Fees
-
Finished Area
56,800 sqft
Lot Size
14,200 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2595441
MLS Status
Active
Days on Market
13
Cumulative Days on Market
13
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 74
Bathrooms: 76
Interior
Cooling
None
Exterior Features
Brick
Heating
Baseboard
Sewer
Sewer Connected
Flooring
Laminate
Construction
Year Built
Year Built: 1890
Home type
Multi Family
Property Condition
Updated/remodeled
Roof
Flat
Construction Materials
Brick
Other Features
Subdivision Name
Spokane
Price History
| Date | Event | Price |
|---|---|---|
10/16/2026 Source: | Listed for Sale | $6,400,000 $113/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 29, 2026, 02:16PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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