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1115 1st St

Cheney, WA 99004
  • $1,200,000
  • STATUS: Active
  • ON SITE: 37 Days
  • ID#: 202620814
UPDATED: 52 min ago
$1,200,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,600
    SQFT
  • $125
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1970
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

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!

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© 2026 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2026-08-18T21:20:36.457.
www.topagentteam.com/homes/178732296
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1115 1st St Cheney, WA 99004

  • Price: $1,200,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 52 min ago
  • ID#: 202620814
0
Beds
0
Baths
0
½ Baths
0.19
Acres
9,600
SQFT
$125
$/SQFT
1970
Built
Neighborhood:
A420/096
County:
Spokane
Area:
A420/096
Elementary School:
Betz
Middle School:
Cheney
High School:
Cheney
School District:
Cheney
Property Description
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!
Exterior Features

Architectural Style Other Carport Spaces 0 Construction Materials BrickVinyl Siding Parking Features Off SiteAssigned Parking Total 20 Road Frontage Type City StreetPaved Road Roof Composition

Interior Features

Basement None Heating ElectricBaseboard

Property Features

Additional Parcels YN No Association Amenities See Remarks Building Area Total 9600 High Speed Internet Yes Listing Terms FHAVA LoanConventionalCash Property Sub Type Residential Income Structure Type Three Story Tax Annual Amount 12672.8 View City

Listing provided courtesy of Keller Williams Spokane - Main: .


© 2026 of Spokane Association of REALTORS­® MLS. All rights reserved. Listing information courtesy of Spokane Association of REALTORS­® MLS. IDX data is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the SARMLS. Data last updated 2026-08-18T21:20:36.457.
 
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Spokane WA, 99202