1115 1st St Cheney, WA 99004
About This Home
As of July 2020“Very highly upgraded 3 story walk up style 11 unit building priced at a very solid 8% cap rate ( see attached APOD in Docs ). Close to EWU & tons of up – side in rents. Nearly 100K in capital improvements have been completed in the last few years including roof, vinyl siding & windows, hot water tanks, appliances, floor coverings , fixtures & more ( see itemized list in docs ). All leases are 12 month leases. One seller is a Washington RE Broker.”
Last Agent to Sell the Property
Glenn Sather
Coldwell Banker Schneidmiller License #4761
Last Buyer's Agent
MISC MISC
Edwards Real Estate Group
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,520
Year Built
- Built in 1970
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 7,200 Sq Ft Home
- 3-Story Property
Parking
- 1,149 Parking Spaces
- Off-Site Parking
Schools
- Cheney Middle School
- Cheney High School
Utilities
- Baseboard Heating
Community Details
- 11 Units
- Water Sewer Expense $5,232
Listing and Financial Details
- Assessor Parcel Number 13131.0506
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/10/2020 07/10/20 | Sold | $862,800 | -1.4% | $120 / Sq Ft |
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 |
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 |
07/19/2012 07/19/12 | Pending | -- | -- | -- |
08/26/2011 08/26/11 | For Sale | $437,586 | -- | $61 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 201122361
