$350,000
SOLD JUN 27, 2025

1519 3rd St Unit 1521 Cheney, WA 99004

4 Beds
2 Baths
1,976 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$177 Per Sq Ft

36 Days on Market

About This Home

As of June 2025

This beautifully remodeled duplex offers two spacious 2 bed / 1 bath units, generating a combined $2,575/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!

Last Agent to Sell the Property

Ryan Towner

LT Real Estate License #24027253 Listed on: 04/10/2025

Co-Listed By

Dallas Lightner

LT Real Estate License #26840

Last Buyer's Agent

Christopher Locke

Haven Real Estate Group License #24019025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,653

Year Built

  • Built in 1968

Interior Spaces

  • 1,976 Sq Ft Home
  • 2-Story Property

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
  • PropertyType: Residential Income
  • Lot Size Acres: 0.24
  • Road Frontage Type: City Street
  • Reso Association Amenities: None
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: +1 (509) 315-87
  • Co List Office Phone: +1 (509) 315-87
  • MLS Status: Sold
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Roof: Composition
  • Construction Type: Masonite

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
Jun 12, 2025
Sold by
South Side Investments Llc
Bought by
Villa Angel and Villa Lucille Rose
Seller's Agent
Ryan Towner
LT Real Estate
Buyer's Agent
Christopher Locke
Haven Real Estate Group
List Price
$350,000
Sold Price
$350,000
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.01%
Original Mortgage
$332,500
Outstanding Balance
$332,500
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$7,349

Purchase Details

Closed on
Jun 28, 2024
Sold by
South Side Investments Ii Llc
Bought by
South Side Investments Llc

Purchase Details

Closed on
Oct 26, 2023
Sold by
Harmon John A
Bought by
Southside Investments Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
7.18%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Washington Title
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
Open $332,500 New Conventional
Previous Owner $260,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $350,000 0.0% $177 / Sq Ft
05/16/2025 05/16/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $350,000 -- $177 / Sq Ft
Source: Spokane Association of REALTORS®

Tax History Compared to Growth

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
2025 $3,653 $348,500 $75,000 $273,500
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

Agents Affiliated with this Home

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Map

Source: Spokane Association of REALTORS®

MLS Number: 202514844

Spokane Association of REALTORS®

APN: 13124.2612