$410,000
PENDING $15K PRICE DROP

201 5th St Cheney, WA 99004

Estimated payment $2,640/month

Total Views 10,153
12 Beds
10 Baths
3,406 Sq Ft
$120 Price per Sq Ft

About This Home

The Fifth Street Apartments are a well-located, low-maintenance fourplex with value-add potential. Rents can be increased to market levels with minor cosmetic upgrades, allowing for immediate income growth. Situated in Cheney, WA just 3 blocks from Eastern Washington University, 20 minutes from downtown Spokane, and 20 minutes from the airport, offering convenience for tenants. The property includes one spacious 3 bedroom 1 bathroom unit, three 1 bedroom 1 bathroom units, a shared laundry room, two storage sheds, and a shared parking lot.

Listing Agent

Jim Lister

Windermere Manito, LLC License #38327 Listed on: 05/14/2025

Windermere Manito, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 10,019 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3,406 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 10 Bathrooms

Community Details

  • 4 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 13132.4801

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1945
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street
  • Reso Association Amenities: Laundry
  • Co List Office Phone: +1 (509) 747-10
  • MLS Status: Pending-Inspection
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Total Bedrooms: 12

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Heating: Natural Gas

Lot Info

  • Parcel Number: 13132.4801
  • Lot Size Sq Ft: 10019

Multi Family

  • Number Of Units Total: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
08/04/2025 08/04/25 Price Changed $410,000 -3.5% $120 / Sq Ft
05/14/2025 05/14/25 For Sale $425,000 -- $125 / Sq Ft
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202516766

Spokane Association of REALTORS®

APN: 13132.4801

Washington Spokane County Cheney 99004

201 5th St, Cheney, WA

This home is located at 201 5th St, Cheney, WA 99004 and is currently priced at $410,000, approximately $120 per square foot. This property was built in 1945. 201 5th St is a home located in Spokane County with nearby schools including Betz Elementary School, Cheney Middle School, and Cheney High School.

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.

Spokane Association of REALTORS® 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.

Nearby Homes
Jim Lister
Listing Agent
Jim Lister
Section Image
Windermere Manito, LLC
(509) 383-4432