Active

$1,200,000

1115 1st St, Cheney, WA 99004

15beds

11baths

9,600sqft

$7,172/mo

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MultiFamily

Built in 1970

-- sqft lot

$-- Zestimate^®

$125/sqft

$-- HOA

What's special

Off street parkingUpdated vinyl sidingUpdated interiorsNewer roof

Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is 7 - 1/1 and 4- 2/1. The current owner has moved rents and updated most units. The property is low maintenance with newer roof, updated vinyl siding and windows, concrete walkways, updated interiors, off street parking and there is still room to move rents to market rates! The Cheney market has low vacancy and with all of the new business on the West Plains, this could be the perfect long term investment. Hurry before it is gone!

40 days

107

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 15
Bathrooms: 11

Heating

Electric, Baseboard

Features

Basement: None
Has fireplace: No

Interior area

Total structure area: 9,600
Total interior livable area: 9,600 sqft

Property

Parking

Total spaces: 20
Parking features: Off Site, Assigned

Features

Levels: Three Story
Has view: Yes
View description: City

Lot

Size: 8,313 Square Feet

Details

Parcel number: 13131.0506

Construction

Type & style

Home type: MultiFamily
Architectural style: Other

Materials

Brick, Vinyl Siding
Roof: Composition

Condition

Year built: 1970

Community & HOA

HOA

Amenities included: See Remarks

Location

Region: Cheney

Financial & listing details

Price per square foot: $125/sqft
Annual tax amount: $12,672
Date on market: 7/11/2026
Listing terms: FHA,VA Loan,Conventional,Cash
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/11/2026	Listed for sale	$1,200,000+39.1%$125/sqft
Source: SMLS as distributed by MLS GRID #202620814 Report a problem
7/10/2020	Sold	$862,800-1.4%$90/sqft
Source: SMLS as distributed by MLS GRID #202013616 Report a problem
3/29/2020	Listed for sale	$874,900+32.6%$91/sqft
Source: 4 Degrees Real Estate #202013616 Report a problem
7/27/2018	Sold	$660,000$69/sqft
Source: SMLS as distributed by MLS GRID #201818370 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 99004

Getting around

62 / 100

Somewhat Walkable

61 / 100

Bikeable

Nearby schools

GreatSchools rating

6/10
Betz Elementary School
Grades: PK-5Distance: 0.4 mi
4/10
Cheney Middle School
Grades: 6-8Distance: 1.1 mi
6/10
Cheney High School
Grades: 9-12Distance: 0.6 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.