Perfect Owner Occupied opportunity or Investment opportunity in a prime college town location! This newer 4-plex, built in 2000, offers four units, each featuring 2 bedrooms and 1 bathroom, a dishwasher, and in-unit washer and dryer. With rents currently significantly under market value, this property offers great potential for income generation. Ideal for student housing, rental income or even owner occupied. Live in one unit and rent out the other three. The newer building features and amenities will appeal to tenants. There is plenty of parking available on the property. Don't miss out on this chance to own a piece of the college town market. Schedule a showing today! This property will qualify for FHA owner occupied with as little as 3.5% down. Buyer to verify information with lender. Property is currently rented and generating $3200 a month.
Closed
$650,000
5 2nd St, Cheney, WA 99004
8beds
4baths
2,496sqft
Multi Family
Built in 2000
-- sqft lot
$616,400 Zestimate®
$260/sqft
$1,234 Estimated rent
Home value
$616,400
$586,000 - $647,000
$1,234/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: March 17, 2023 at 08:01am
Listed by:
Kristi Kerkuta 509-216-9714,
4 Degrees Real Estate,
Dawn Ellis 208-596-1051,
4 Degrees Real Estate
Source: SMLS,MLS#: 202310858
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Ductless
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
Property
Parking
- Total spaces: 1300
- Parking features: Off Site
Features
- Stories: 2
Lot
- Size: 6,098 sqft
- Features: Sprinkler - Automatic, Level
Details
- Parcel number: 13133.0108
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Siding
- Roof: Composition
Condition
- Year built: 2000
Community & neighborhood
Location
- Region: Cheney
Other
Other facts
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 3/8/2023 | Sold | $650,000-7.1%$260/sqft |
Source:  SMLS #202310858 Report a problem | ||
| 2/3/2023 | Pending sale | $700,000$280/sqft |
Source: SMLS #202310858 Report a problem | ||
| 1/26/2023 | Listed for sale | $700,000+121.5%$280/sqft |
Source: SMLS #202310857 Report a problem | ||
| 12/31/2008 | Sold | $316,000+61.6%$127/sqft |
Source: SMLS #28027286 Report a problem | ||
| 6/18/2003 | Sold | $195,600$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 99004
Nearby schools
GreatSchools rating
- 6/10Betz Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 4/10Cheney Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Cheney High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Betz
- Middle: Cheney MS
- 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.
Get pre-qualified for a loan
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