Osmun Apartments, a 27-unit multifamily property located at 1814 and 1818 W 1st Avenue in Spokane’s historic Brownes Addition, has sold for $2,700,000. Vice President Max Frame of the Simon | Anderson Multifamily Team at Kidder Mathews represented the seller in an off-market transaction.
Built in 1908, Osmun Apartments has been well maintained while still offering value-add upside for the buyer. The property consists of 27 apartment units and is situated in one of Spokane’s most sought-after neighborhoods, known for its walkability, historic architecture, and proximity to downtown.
“This sale reflects the ongoing demand for well-located multifamily assets in Spokane,” said Frame. “Osmun Apartments’ classic character, stable operations, and value-add potential made it an appealing opportunity for both residents and investors.”
About Max Frame
Working out of Kidder Mathews’ headquarters in Seattle, Washington, Max specializes in representing sellers and buyers in the sale of Eastern Washington apartments. Born and raised in Eastern Washington, Max combines his local knowledge and expertise of these markets with Kidder Mathews’ national exposure and outreach. Max works with Executive Vice Presidents Dylan Simon and Jerrid Anderson of the Simon and Anderson team.
About the Simon | Anderson Multifamily Team
The apartment brokerage team led by Dylan Simon and Jerrid Anderson of Kidder Mathews represents apartment investors, developers, and landowners in the sale and purchase of apartment buildings and development land across the entire State of Washington. The team of 12 brokerage professionals specializes in the sale and purchasing of apartment buildings and development land from $1 million to more than $100 million. For more information, visit simonandersonteam.com.
About Kidder Mathews
Kidder Mathews is the largest fully independent commercial real estate firm in the Western U.S., with over 900 professionals in 19 offices across Washington, Oregon, California, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages $9 billion in transaction volume, manages more than 53 million square feet of space, and conducts 2,400 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.
