Great rental investment opportunity in a desirable Cheney neighborhood near Eastern Washington University. This brick rancher duplex offers two spacious, well maintained units, each featuring 2 bedrooms and 1 bathroom with practical, tenant friendly layouts. Both units are currently rented, providing immediate income. Each unit includes its own porch, dedicated storage unit, and off street parking for added convenience. The seller has completed thoughtful updates during ownership, including flooring, interior paint, appliances, plumbing improvements, and a recently replaced water heater, contributing to the property’s overall condition. A solid, low maintenance investment in a consistently strong rental location.
Active
$325,000
1521 4th St, Cheney, WA 99004
4beds
2baths
1,638sqft
Est.:
MultiFamily
Built in 1970
-- sqft lot
$307,900 Zestimate®
$198/sqft
$-- HOA
What's special
Off street parkingBrick rancher duplexPractical tenant friendly layoutsPlumbing improvementsInterior paintRecently replaced water heater
- 2 days |
- 427 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: March 31, 2026 at 02:12pm
Listed by:
Chelsea Mcfarland 509-565-1581,
Prime Real Estate Group
Source: SMLS as distributed by MLS GRID,MLS#: 202614451
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Primary bedroom
- Description: Dbl Clst
Dining room
- Description: Informal
Heating
- Baseboard
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: Crawl Space,None
- Has fireplace: No
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,638 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Off Site
Features
- Stories: 1
Lot
- Size: 6,969.6 Square Feet
- Features: Level, Open Lot, Near Public Transit
Details
- Parcel number: 13124.3210
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1970
Community & HOA
HOA
- Amenities included: Storage
Location
- Region: Cheney
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $307,700
- Date on market: 3/31/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$307,900
$280,000 - $336,000
$994/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/31/2026 | Listed for sale | $325,000+20.4%$198/sqft |
Source:  SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 6/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/9/2022 | Listed for rent | $1,020$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/17/2021 | Listed for rent | $1,020+51.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/8/2021 | Sold | $270,000-1.8%$165/sqft |
Source: SMLS as distributed by MLS GRID #202118574 Report a problem | ||
| 7/20/2021 | Pending sale | $275,000+77.4%$168/sqft |
Source: SMLS as distributed by MLS GRID #202118574 Report a problem | ||
| 7/2/2018 | Sold | $155,000+40.9%$95/sqft |
Source: Public Record Report a problem | ||
| 7/10/2014 | Listing removed | $675 |
Source: Associated Properties Report a problem | ||
| 6/25/2014 | Listed for rent | $675 |
Source: Associated Properties Report a problem | ||
| 10/18/2006 | Sold | $110,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $307,700 +13.8% |
| 2023 | $2,534 +4.5% | $270,500 -6.4% |
| 2022 | $2,425 +21.4% | $289,100 +50.3% |
| 2021 | $1,997 +3.3% | $192,300 +21.6% |
| 2020 | $1,934 +12.4% | $158,200 +6.8% |
| 2019 | $1,720 | $148,100 +12.5% |
| 2018 | $1,720 -2% | $131,600 +4.5% |
| 2017 | $1,756 +15.4% | $125,900 +12.4% |
| 2016 | $1,521 +12.1% | $112,000 +1.8% |
| 2015 | $1,357 | $110,000 |
| 2014 | $1,357 | $110,000 |
| 2013 | $1,357 -5.7% | -- |
| 2011 | $1,440 +5.9% | -- |
| 2010 | $1,360 | -- |
| 2009 | $1,360 +15.4% | -- |
| 2008 | $1,178 | -- |
| 2007 | $1,178 -80.4% | $113,900 |
| 2005 | $6,013 +398.7% | -- |
| 2004 | $1,206 -0.4% | -- |
| 2003 | $1,210 | -- |
| 2002 | $1,210 -1.4% | -- |
| 2001 | $1,228 +0.8% | $87,300 +7% |
| 1999 | $1,218 | $81,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,840/mo
Principal & interest
$1612
Property taxes
$228
More affordability tools
Climate risks
Neighborhood: 99004
Nearby schools
GreatSchools rating
- 6/10Betz Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Cheney Middle SchoolGrades: 6-8Distance: 0.8 mi
- 6/10Cheney High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Betz
- Middle: Cheney
- High: Cheney
- District: Cheney
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 99004
- Washington
- Spokane County
- Cheney
- 99004
- 1521 4th St
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