206 S Post Street, Spokane, WA 99201 (MLS # 2595441)

Listing provided courtesy of Northwest MLS; Kidder Mathews

PRICE	$6,400,000
BEDS	0
BATHS	0
HOME SIZE	56,800 sqft
LOT SIZE	14,201 sqft

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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.

LAST UPDATED	10/16/2026	TRACT	Spokane
YEAR BUILT	1890	COMMUNITY	Spokane
GARAGE SPACES	12.0	COUNTY	Spokane
STATUS	Active	PROPERTY TYPE(S)	Multi Family

ADDITIONAL DETAILS
AIR	None
AREA	561 - Spokane County
CONSTRUCTION	Brick
GARAGE	Yes
HEAT	Baseboard, Electric
LOT	0.326 acre(s)
LOT DIMENSIONS	14200
MLS STATUS	Active
STORIES	7
STYLE	56 - 10+ Units
SUBDIVISION	Spokane
TAXES	21819
UTILITIES	Sewer Connected
VIEW	Yes
VIEW DESCRIPTION	City
ZONING	Multi-Family

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 10/17/26 5:39 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

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