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.
Pending
Price cut: $25K (4/28)
$300,000
1521 4th St, Cheney, WA 99004
4beds
2baths
1,638sqft
MultiFamily
Built in 1970
-- sqft lot
$298,500 Zestimate®
$183/sqft
$-- HOA
What's special
Off street parkingBrick rancher duplexPractical tenant friendly layoutsPlumbing improvementsInterior paintRecently replaced water heater
- 87 days |
- 898 |
- 38 |
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: $183/sqft
- Tax assessed value: $307,700
- Date on market: 3/31/2026
- Listing terms: FHA,VA Loan,Conventional,Cash
- Road surface type: Paved
Estimated market value
$298,500
$284,000 - $313,000
$1,570/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Pending sale | $300,000$183/sqft |
Source: | ||
| 5/30/2026 | Listed for sale | $300,000$183/sqft |
Source: | ||
| 5/23/2026 | Pending sale | $300,000$183/sqft |
Source: | ||
| 4/28/2026 | Price change | $300,000-7.7%$183/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $325,000+20.4%$198/sqft |
Source: | ||
| 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: | ||
| 7/20/2021 | Pending sale | $275,000+77.4%$168/sqft |
Source: | ||
| 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 |
|---|---|---|
| 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 | $81,600 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Spokane County
- Cheney
- 99004
- 1521 4th St





