1239 1st St Cheney, WA 99004
Estimated payment $3,598/month
Highlights
- City View
- Fenced Yard
- Playground
- Corner Lot
- Baseboard Heating
- Laundry Facilities
About This Home
This fourplex is a turnkey investment with strong cash flow and excellent equity potential! 2: 2-bed one-bath, 2: 1-bed one-bath units feature spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring. Back lot is zoned commercial, tenants enjoy a massive shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location on the bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don’t miss out!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,227
Year Built
- Built in 1975
Lot Details
- 0.42 Acre Lot
- Fenced Yard
- Corner Lot
- Level Lot
- Hillside Location
- 00.005069, 13124.1703,13131.0409
Interior Spaces
- 2,832 Sq Ft Home
- 1-Story Property
- City Views
- Free-Standing Range
Bedrooms and Bathrooms
- 15 Bedrooms
- 10 Bathrooms
Parking
- 3 Parking Spaces
- Off-Site Parking
Outdoor Features
- Playground
Schools
- Cheney Midle Middle School
- Cheney High School
Utilities
- Baseboard Heating
- High Speed Internet
Community Details
- 4 Units
- Laundry Facilities
- Water Sewer Expense $1,791
Listing and Financial Details
- Assessor Parcel Number 13124.1701
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/23/2025 07/23/25 | Price Changed | $599,900 | +9.1% | $212 / Sq Ft | |
| 06/12/2025 06/12/25 | Price Changed | $550,000 | -8.2% | $194 / Sq Ft | |
| 04/28/2025 04/28/25 | Price Changed | $599,000 | -7.8% | $212 / Sq Ft | |
| 04/15/2025 04/15/25 | For Sale | $650,000 | +194.1% | $230 / Sq Ft | |
| 04/14/2017 04/14/17 | Sold | $221,000 | -11.6% | $78 / Sq Ft | View Prior Sale |
| 02/03/2017 02/03/17 | Pending | -- | -- | -- | |
| 12/09/2016 12/09/16 | For Sale | $250,000 | -- | $88 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 202515040
APN: 13124.1701
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 1514 3rd St
- 910 2nd St
- 306 A St
- 723 2nd St
- 706 2nd St
- 417 Clay St Unit A
- 307 Peach Tree Ct
- 311 Peach Tree Ct
- 318 Plum Tree Ct Unit Lot 10 Block 3 - Sno
- 323 Peach Tree Ct
- 329 Peach Tree Ct
- 317 Peach Tree Ct
- 315 Plum Tree Ct
- 301 Plum Tree Ct Unit Lot 6 Block 3 - Snow
- 305 Plum Tree Ct Unit Lot 8 Block 3 - Wate
- 827 Oakland St
- 2426 Cheney Spokane Rd
- 107 Simpson Pkwy
- NKA Cambridge Ln
- 2201 Hillside Dr
- 1409 2nd St
- 520 4th St
- 111 College Hill St
- 404 2nd St
- 101 Erie St
- 313 Erie St
- 210 Simpson Pkwy
- 8403 W Red Ave
- 240 S Cheney-Spangle Rd
- 1118 Oakland St
- 2701 Al Ogdon Way
- 119 L St
- 201 Betz Rd
- 200 W 3rd St
- 1090 W Betz Rd
- 800 W 1st St
- 840 W 1st St Unit 29
- 1048 W 1st St
- 7410 S Hayford Rd
- 5708 S Spotted Rd