Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is 6- 1/1 and 5- 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!
Active
Price cut: $200K (9/24)
$1,000,000
1115 1st St, Cheney, WA 99004
15beds
11baths
9,600sqft
MultiFamily
Built in 1970
-- sqft lot
$-- Zestimate®
$104/sqft
$-- HOA
What's special
Off street parkingUpdated vinyl sidingUpdated interiorsNewer roof
- 93 days
- 145
- 8
Zillow last checked:
Listing updated:
Listed by:
Nicole Page Main:208-627-9768,
Keller Williams Spokane - Main
Source: SMLS as distributed by MLS GRID,MLS#: 202620814
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: $104/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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/24/2026 | Price change | $1,000,000-16.7%$104/sqft |
Source:  SMLS as distributed by MLS GRID #202620814 Report a problem | ||
| 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 99004
Nearby schools
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.
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