1239 First St
Cheney, WA 99004
- – beds
- – baths
- 2,832 sqft
- 8,000 sqft lot
- $194 per sqft
- 1975 build
- – on site
This fully occupied fourplex is a turnkey investment with strong cash flow and excellent equity potential! Featuring spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring, each unit offers comfortable living. Tenants enjoy a huge shared front yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location near bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don’t miss out!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Mar 15, 2025
•
MLS# 202512932 —
The Building
-
Year Built:1975
-
Construction Materials:Wood
-
Structure Type:One Story
-
Stories:1
-
Roof:Composition Shingle
-
Basement:Crawl Space
-
Basement:false
-
Building Area Total:2832
-
# of Units Total:4
Financial & Terms
-
Listing Terms:FHA, VA Loan, Conventional, Cash, Exchange, FHA Rehab 203k, USDA/RD
The Property
-
Property Type:Residential Income
-
Property Subtype:Rental
-
Road Frontage Type:City Street, Gravel
-
Lot Features:Level, Hillside, Corner Lot
-
Lot Size SqFt:8,000 Sqft
-
Lot Size Acres:0.18
-
View:City
-
Parcel Number:13124.1701
-
Additional Parcels:true
-
Additional Parcels Description:00.005069
-
Living Area:2832
Listing Agent
- Contact info:
- Agent phone:
- (509) 381-9579
- Office phone:
- (509) 559-9225
Taxes
-
Tax Annual Amount:$4,634.20
The Listing
-
Virtual Tour URL:
Heating & Cooling
-
Heating:Electric, Baseboard
Utilities
-
High Speed Internet:Yes
Appliances
-
Appliances:Free-Standing Range, Refrigerator
Schools
-
Elementary School:Betz
-
Elementary School District:Cheney
-
High School:Cheney
The Community
-
Association Amenities:Laundry, Play Area
Parking
-
Parking Total:3
-
Parking Features:Off Site
The information being provided by Spokane Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified.
©2025 Spokane Association of REALTORS All rights reserved.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/8/25
Mar 8, 2025
|
Listed / Active | SARMLS | $550,000 | 148.9% (18.8% / YR) |
|
4/14/17
Apr 14, 2017
|
SARMLS | $221,000 |
