Great rental investment opportunity in a desirable Cheney neighborhood near Eastern Washington University. This brick rancher duplex offers two spacious, well maintained units, each featuring 2 bedrooms and 1 bathroom with practical, tenant friendly layouts. Both units are currently rented, providing immediate income. Each unit includes its own porch, dedicated storage unit, and off street parking for added convenience. The seller has completed thoughtful updates during ownership, including flooring, interior paint, appliances, plumbing improvements, and a recently replaced water heater, contributing to the property’s overall condition. A solid, low maintenance investment in a consistently strong rental location.
Active
Price cut: $5K (7/15)
$295,000
1521 4th St, Cheney, WA 99004
4beds
2baths
1,638sqft
:
Get pre-qualified$1,879/mo
MultiFamily
Built in 1970
-- sqft lot
$293,600 Zestimate®
$180/sqft
$-- HOA
What's special
Off street parkingBrick rancher duplexPractical tenant friendly layoutsPlumbing improvementsInterior paintRecently replaced water heater
- 132 days |
- 741 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Chelsea Mcfarland 509-565-1581,
Prime Real Estate Group
Source: SMLS as distributed by MLS GRID,MLS#: 202614451
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Primary bedroom
- Description: Dbl Clst
Dining room
- Description: Informal
Heating
- Baseboard
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Basement: Crawl Space,None
- Has fireplace: No
Interior area
- Total structure area: 1,638
- Total interior livable area: 1,638 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Off Site
Features
- Stories: 1
Lot
- Size: 6,970 Square Feet
- Features: Level, Open Lot, Near Public Transit
Details
- Parcel number: 13124.3210
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
Materials
- Brick
- Roof: Composition
Condition
- Year built: 1970
Community & HOA
HOA
- Amenities included: Storage
Location
- Region: Cheney
Financial & listing details
- Price per square foot: $180/sqft
- Tax assessed value: $308,700
- Annual tax amount: $3,441
- Date on market: 3/31/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$293,600
$279,000 - $308,000
$1,517/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Price change | $295,000-1.7%$180/sqft |
Source:  SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 6/26/2026 | Pending sale | $300,000$183/sqft |
Source: SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 5/30/2026 | Listed for sale | $300,000$183/sqft |
Source: SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 5/23/2026 | Pending sale | $300,000$183/sqft |
Source: SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 4/28/2026 | Price change | $300,000-7.7%$183/sqft |
Source: SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 3/31/2026 | Listed for sale | $325,000+20.4%$198/sqft |
Source: SMLS as distributed by MLS GRID #202614451 Report a problem | ||
| 6/13/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 6/9/2022 | Listed for rent | $1,020$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/20/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 11/17/2021 | Listed for rent | $1,020+51.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 9/8/2021 | Sold | $270,000-1.8%$165/sqft |
Source: SMLS as distributed by MLS GRID #202118574 Report a problem | ||
| 7/20/2021 | Pending sale | $275,000+77.4%$168/sqft |
Source: SMLS as distributed by MLS GRID #202118574 Report a problem | ||
| 7/2/2018 | Sold | $155,000+40.9%$95/sqft |
Source: Public Record Report a problem | ||
| 7/10/2014 | Listing removed | $675 |
Source: Associated Properties Report a problem | ||
| 6/25/2014 | Listed for rent | $675 |
Source: Associated Properties Report a problem | ||
| 10/18/2006 | Sold | $110,000$67/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,441 | $308,700 +0.3% |
| 2024 | -- | $307,700 +13.8% |
| 2023 | $2,534 +4.5% | $270,500 -6.4% |
| 2022 | $2,425 +21.4% | $289,100 +50.3% |
| 2021 | $1,997 +3.3% | $192,300 +21.6% |
| 2020 | $1,934 +12.4% | $158,200 +6.8% |
| 2019 | $1,720 | $148,100 +12.5% |
| 2018 | $1,720 -2% | $131,600 +4.5% |
| 2017 | $1,756 +15.4% | $125,900 +12.4% |
| 2016 | $1,521 +12.1% | $112,000 +1.8% |
| 2015 | $1,357 | $110,000 |
| 2014 | $1,357 | $110,000 |
| 2013 | $1,357 -5.7% | -- |
| 2011 | $1,440 +5.9% | -- |
| 2010 | $1,360 | -- |
| 2009 | $1,360 +15.4% | -- |
| 2008 | $1,178 | -- |
| 2007 | $1,178 -80.4% | $113,900 |
| 2005 | $6,013 +398.7% | -- |
| 2004 | $1,206 -0.4% | -- |
| 2003 | $1,210 | -- |
| 2002 | $1,210 -1.4% | -- |
| 2001 | $1,228 +0.8% | $87,300 +7% |
| 1999 | $1,218 | $81,600 |
Find assessor info on the county website
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
GreatSchools rating
- 6/10Betz Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Cheney Middle SchoolGrades: 6-8Distance: 0.9 mi
- 6/10Cheney High SchoolGrades: 9-12Distance: 0.4 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.
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