$700,000

5 2nd St Cheney, WA 99004

Estimated payment $4,243/month

Total Views 11,270
8 Beds
4 Baths
2,496 Sq Ft
$280 Price per Sq Ft

About This Home

Solid multifamily opportunity in Cheney just minutes from Eastern Washington University. This 4-plex features all units occupied, providing immediate rental income. Each unit includes its own washer and dryer for added tenant convenience. The property offers off-street parking and a location close to campus, dining, shopping, and everyday amenities—making it attractive for tenants. Great value-add potential for investors looking to expand their portfolio in a strong rental market.

Listing Agent

Cambria Henry

Haven Real Estate Group License #25838 Listed on: 03/12/2026

Co-Listing Agent

Natalya Romanov

Haven Real Estate Group License #127459

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,068

Year Built

  • Built in 1999

Lot Details

  • 6,098 Sq Ft Lot
  • Level Lot
  • Sprinkler System

Parking

  • Off-Site Parking

Home Design

  • Siding

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • Cheney Middle School
  • Cheney High School

Utilities

  • Heating Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 13133.0108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,068

Year Built

Built in 1999

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Year Built: 1999
  • Property Sub-Type: Residential Income
  • PropertyType: Residential Income
  • ResoLotFeatures: Sprinkler - Automatic, Level
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Mls Id: SAR1311
  • Co List Office Phone: 509-590-1765
  • Co List Office Phone: 509-590-1765
  • MLS Status: Active
  • Architectural Style: Other
  • ResoBuildingAreaSource: Public Records
  • Reso Structure Type: Two Story
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator
  • Total Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Construction Type: Siding

Garage/Parking

  • Parking Features: Off Site

Utilities

  • Heating: Electric

Schools

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

Lot Info

  • Parcel Number: 13133.0108
  • Lot Size Sq Ft: 6098

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6068
  • Tax Database ID: 1

Map

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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 $6,096 $545,300 $50,000 $495,300
2024 $6,096 $553,600 $84,000 $469,600
2023 $4,519 $466,100 $84,000 $382,100
2022 $3,179 $540,100 $48,000 $492,100
2021 $3,585 $313,800 $48,000 $265,800
2020 $3,515 $288,300 $48,000 $240,300
2019 $3,277 $282,600 $48,000 $234,600
2018 $3,768 $283,000 $48,000 $235,000
2017 $3,410 $283,000 $48,000 $235,000
2016 $3,298 $263,600 $48,000 $215,600
2015 $3,247 $264,000 $48,000 $216,000
2014 -- $264,000 $48,000 $216,000
2013 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2026 03/12/26 For Sale $700,000 +7.7% $280 / Sq Ft
03/08/2023 03/08/23 Sold $650,000 -7.1% $260 / Sq Ft View Prior Sale
01/31/2023 01/31/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $700,000 -- $280 / Sq Ft
Source: Spokane Association of REALTORS®

About the Listing Agent

Cambria Henry

Haven Real Estate Group

(509) 401-8263

Section Image

I work hard to set myself apart from other agents. Some of the ways I do this is by not only finding you a home that fits your needs but finding you the home that you love! I also ensure that you do not pay too much for the home.

Once you find a home I run my own competitive market analysis. I do this because 97% of homes listed are priced above market value. I use the market analysis to recommend an offer price for you AND to justify your price in negotiations with the other real estate

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Source: Spokane Association of REALTORS®

MLS Number: 202613422

Spokane Association of REALTORS®

APN: 13133.0108

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