1115 1st St Cheney, WA 99004
Cheney AreaEstimated payment $7,639/month
Highlights
- City View
- Baseboard Heating
- High Speed Internet
About This Home
Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is 7 - 1/1 and 4- 2/1. The current owner has moved rents and updated most units. The property is low maintenance with newer roof, updated vinyl siding and windows, concrete walkways, updated interiors, off street parking and there is still room to move rents to market rates! The Cheney market has low vacancy and with all of the new business on the West Plains, this could be the perfect long term investment. Hurry before it is gone!
Listing Agent
Keller Williams Spokane - Main Brokerage Phone: 208-627-9768 License #125316 Listed on: 07/11/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,673
Year Built
- Built in 1970
Lot Details
- 8,313 Sq Ft Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Vinyl Siding
Interior Spaces
- 9,600 Sq Ft Home
- 3-Story Property
- City Views
Bedrooms and Bathrooms
- 15 Bedrooms
- 11 Bathrooms
Parking
- 20 Parking Spaces
- Off-Site Parking
- Assigned Parking
Schools
- Cheney Middle School
- Cheney High School
Utilities
- Baseboard Heating
- High Speed Internet
Community Details
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 13131.0506
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $12,673 | $1,026,300 | $116,380 | $909,920 |
| 2025 | $12,074 | $1,140,200 | $116,380 | $1,023,820 |
| 2024 | $12,074 | $1,097,600 | $116,380 | $981,220 |
| 2023 | $9,055 | $1,161,700 | $116,380 | $1,045,320 |
| 2022 | $9,041 | $1,083,600 | $83,130 | $1,000,470 |
| 2021 | $7,461 | $654,100 | $83,130 | $570,970 |
| 2020 | $7,766 | $638,230 | $83,130 | $555,100 |
| 2019 | $4,615 | $398,280 | $49,880 | $348,400 |
| 2018 | $5,199 | $390,680 | $49,880 | $340,800 |
| 2017 | $4,791 | $397,780 | $49,880 | $347,900 |
| 2016 | $4,847 | $387,680 | $49,880 | $337,800 |
| 2015 | $4,703 | $382,600 | $66,500 | $316,100 |
| 2014 | -- | $378,500 | $66,500 | $312,000 |
| 2013 | -- | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/11/2026 07/11/26 | For Sale | $1,200,000 | +39.1% | $125 / Sq Ft | |
| 07/10/2020 07/10/20 | Sold | $862,800 | -1.4% | $120 / Sq Ft | View Prior Sale |
| 04/25/2020 04/25/20 | Pending | -- | -- | -- | |
| 03/29/2020 03/29/20 | For Sale | $874,900 | +32.6% | $122 / Sq Ft | |
| 07/27/2018 07/27/18 | Sold | $660,000 | -1.3% | $92 / Sq Ft | View Prior Sale |
| 06/03/2018 06/03/18 | For Sale | $669,000 | +67.3% | $93 / Sq Ft | |
| 10/01/2012 10/01/12 | Sold | $400,000 | -8.6% | $56 / Sq Ft | View Prior Sale |
| 07/19/2012 07/19/12 | Pending | -- | -- | -- | |
| 08/26/2011 08/26/11 | For Sale | $437,586 | -- | $61 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $862,800 | First American Title Ins Co | |
| Warranty Deed | $657,800 | First American Title Ins Co | |
| Warranty Deed | $400,280 | Spokane County Title Co | |
| Warranty Deed | $400,280 | Spokane County Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $656,175 | Commercial | |
| Previous Owner | $468,000 | Commercial | |
| Previous Owner | $396,000 | Commercial | |
| Previous Owner | $304,075 | Commercial |
Source: Spokane Association of REALTORS®
MLS Number: 202620814
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Listings courtesy of Spokane Association of REALTORS® as distributed by MLS GRID.
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Ask me questions while you tour the home.