Price Improvement! Excellent Investment Opportunity! Super Nice 4-Plex located 2 Blocks from EWU & 3 Blocks from Sutton Park. Perfect for owner Occupancy Rental. The Main Unit is 1734 SF, 3 Bdrm, 2 Bath, 2-Car Gar. It features a well-appointed kitchen w/ Granite Countertops, Lrg Dining Rm, Bright & Airy Living Rm w/ Gas F/P, Primary Bdrm w/ 3/4 Bath & Backyard Deck - currently leased for $1625/mo. The 3 units in the lower level include (2) Lrg studios, & (1) 1 Bdrm All w/ Laundry in units) – those 3 are currently leased for a total of $2095/mo. Total Gross Income $3720/mo. Leased thru 6/30/2024. New Electrical panels in 2018 & Sewer Line - 2021. Lots of Updating. Vinyl Wdws, 2 F/P in main home, Full yard Sprinkler System. See Assoc Docs for Update List. Must See!
Closed
$526,000
121 5th St, Cheney, WA 99004
6beds
4baths
3,504sqft
Multi Family
Built in 1957
-- sqft lot
$536,000 Zestimate®
$150/sqft
$1,193 Estimated rent
Home value
$536,000
$504,000 - $568,000
$1,193/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 04, 2024 at 11:05am
Listed by:
Clinton Sewright 509-230-5566,
Coldwell Banker Tomlinson
Source: SMLS,MLS#: 202320050
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Primary bedroom
- Description: Dbl Clst,3/4 Bath,Dbl Sinks,1st Flr
Dining room
- Description: Formal,Informal
Family room
- Description: Bsmt
Heating
- Natural Gas, Electric, Baseboard, Ductless, Zoned
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Basement
Features
- Hard Surface Counters
- Flooring: Wood
- Windows: Windows Vinyl, Multi Pane Windows, Wood Frames
- Basement: Full,Finished,Daylight,Rec/Family Area,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Masonry, Gas, Insert
Interior area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
Property
Parking
- Total spaces: 1659
- Parking features: Attached, Garage Door Opener, Off Site, Oversized
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 10,018 sqft
- Features: Sprinkler - Automatic, Corner Lot
Details
- Parcel number: 13132.4703
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Year built: 1957
Community & neighborhood
Location
- Region: Cheney
Other
Other facts
- Listing terms: VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/29/2023 | Sold | $526,000+0.2%$150/sqft |
Source:  SMLS #202320050 Report a problem | ||
| 10/19/2023 | Pending sale | $525,000$150/sqft |
Source: SMLS #202320050 Report a problem | ||
| 8/24/2023 | Price change | $525,000-1.9%$150/sqft |
Source: SMLS #202320050 Report a problem | ||
| 8/7/2023 | Listed for sale | $535,000+80.4%$153/sqft |
Source: SMLS #202320050 Report a problem | ||
| 2/13/2018 | Sold | $296,500+7.8%$85/sqft |
Source: SMLS #201810551 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,522 +24.1% | $501,400 +5.3% |
| 2023 | $4,449 +2.6% | $476,000 -8.2% |
| 2022 | $4,338 +26.8% | $518,400 +73.3% |
Find assessor info on the county website
Neighborhood: 99004
Nearby schools
GreatSchools rating
- 6/10Betz Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10Cheney Middle SchoolGrades: 6-8Distance: 1.3 mi
- 6/10Cheney High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Betz
- Middle: Cheney
- High: Cheney
- District: Cheney
Source: SMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$536,000
2% more+$10,720
With Zillow Showcase(estimated)$546,720