1239 1st St, Cheney, WA 99004
- 2,832 sqft
Multi-Family Home 
Built in 1975 
0.42acre lot
—— car garage 
$212/sqft 
Listed 4 months ago
Property Description
This fourplex is a turnkey investment with strong cash flow and excellent equity potential! 2: 2-bed one-bath, 2: 1-bed one-bath units feature spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring. The tenants enjoy a massive shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location on the bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don’t miss out!
- Listing Status:
- Active
- Data Last Updated:
- August 6, 2026 at 2:16PM
- Listing Office:
- Touchstone Real Estate Group : 509-381-9579
- Listing Agent:
- Misty Woodruff : 509-381-9579
- MLS ID:
- 202613291
- Parking: Off SiteParking spaces: 3
- Roofing: Composition
- General: One Story
- Road/Access: City StreetGravel
- HOA Amenities: LaundryPlay Area
- Originating MLS: sarmls
- School District: Cheney
- County: Spokane
- Zoning: 13124.1701
- View: City
- Source: sarmls
This listing courtesy of Misty Woodruff , Touchstone Real Estate Group
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
