$350,000

1519 3rd St Unit 1521 Cheney, WA 99004

Estimated payment $2,245/month

Total Views 3,315
4 Beds
2 Baths
1,976 Sq Ft
$177 Price per Sq Ft

About This Home

This beautifully remodeled duplex offers two spacious 2 bed / 1 bath units, generating a combined $2,270/month in rental income. Both units feature in-unit laundry, LVP flooring, stainless steel appliances, dishwashers, and charming decorative fireplaces. Tenants enjoy the convenience of covered carport parking and stylish, modern interiors throughout. A strong investment opportunity with updated finishes and reliable income — perfect for both seasoned and first-time investors!

Listing Agent

Ryan Towner

LT Real Estate License #24027253

Co-Listing Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,653

Year Built

  • Built in 1968

Home Design

  • 1,976 Sq Ft Home
  • Hardboard

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • Off-Site Parking

Schools

  • Cheney Middle School
  • Cheney High School

Additional Features

  • 10,500 Sq Ft Lot
  • Baseboard Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 13124.2612

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,653

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Year Built: 1968
  • Property Sub-Type: Rental
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: +1 (509) 315-8720
  • Co List Office Phone: +1 (509) 315-8720
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition Shingle
  • Construction Type: Hardboard Siding

Garage/Parking

  • Parking Features: Carport, Off Site

Utilities

  • Heating: Electric, Baseboard

Schools

  • Elementary School: Betz
  • High School: Cheney
  • Middle Or Junior School: Cheney

Lot Info

  • Parcel Number: 13124.2612
  • Lot Size Sq Ft: 10500

Multi Family

  • Number Of Units Total: 2

Map

Range of Values:

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ICE

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $3,653 $308,000 $75,000 $233,000
2023 $2,379 $265,400 $75,000 $190,400
2022 $2,297 $283,600 $75,000 $208,600
2021 $2,153 $188,000 $31,500 $156,500
2020 $2,096 $171,500 $30,000 $141,500
2019 $1,799 $154,900 $28,000 $126,900
2018 $2,056 $154,200 $28,000 $126,200
2017 $1,777 $147,200 $28,000 $119,200
2016 $1,741 $138,900 $28,000 $110,900
2015 $1,680 $136,300 $28,000 $108,300
2014 -- $136,300 $28,000 $108,300
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 For Sale $350,000 -- $177 / Sq Ft
Source: Spokane Association of REALTORS®

Deed History

Date Type Sale Price Title Company
Quit Claim Deed $313 None Listed On Document
Warranty Deed $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 Seller Take Back
Source: Public Records

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Source: Spokane Association of REALTORS®

MLS Number: 202514844

Spokane Association of REALTORS®

APN: 13124.2612