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  • $425,000

    201 5th St, Cheney, WA 99004

    12beds
    10baths
    3,406sqft
    : 
    Multi Family
    Built in 1945
    -- sqft lot
    $-- Zestimate®
    $125/sqft
    $-- HOA

    What's special

    Shared parking lotShared laundry roomTwo storage sheds
    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.
    34 days
    on Zillow
    |
    607
    |
    33
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 21, 2025 at 12:23am

    Listed by:

    Jim Lister 509-216-2222,

    Windermere Manito, LLC

    Source: SMLS,MLS#: 202516766MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 201 5th St.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 10
    Heating
    • Natural Gas
    Features
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 3,406
    • Total interior livable area: 3,406 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached
    • Garage spaces: 1
    Features
    • Levels: Two
    Lot
    • Size: 10,018.8 Square Feet
    Details
    • Parcel number: 13132.4801

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Composition
    Condition
    • Year built: 1945

    Community & HOA

    HOA
    • Amenities included: Laundry
    Location
    • Region: Cheney

    Financial & listing details

    • Price per square foot: $125/sqft
    • Tax assessed value: $411,300
    • Annual tax amount: $4,532
    • Date on market: 5/14/2025
    • Listing terms: See Remarks
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