Price Improvement! Excellent Investment Opportunity! Super Nice 4-Plex located 2 Blocks from EWU & 3 Blocks from Sutton Park. Perfect for owner Occupancy Rental. The Main Unit is 1734 SF, 3 Bdrm, 2 Bath, 2-Car Gar. It features a well-appointed kitchen w/ Granite Countertops, Lrg Dining Rm, Bright & Airy Living Rm w/ Gas F/P, Primary Bdrm w/ 3/4 Bath & Backyard Deck - currently leased for $1625/mo. The 3 units in the lower level include (2) Lrg studios, & (1) 1 Bdrm All w/ Laundry in units) – those 3 are currently leased for a total of $2095/mo. Total Gross Income $3720/mo. Leased thru 6/30/2024. New Electrical panels in 2018 & Sewer Line - 2021. Lots of Updating. Vinyl Wdws, 2 F/P in main home, Full yard Sprinkler System. See Assoc Docs for Update List. Must See!
Closed
$526,000
121 5th St, Cheney, WA 99004
6beds
3baths
3,504sqft
Multi Family
Built in 1957
-- sqft lot
$550,400 Zestimate®
$150/sqft
$1,710 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: January 04, 2024 at 11:05am
Listed by:
Clinton Sewright 509-230-5566,
Coldwell Banker Tomlinson
Source: SMLS,MLS#: 202320050

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Primary bedroom
- Description: Dbl Clst,3/4 Bath,Dbl Sinks,1st Flr
Dining room
- Description: Formal,Informal
Family room
- Description: Bsmt
Heating
- Gas Hot Air Furnace, Electric, Baseboard, Ductless, Zoned
Appliances
- Included: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Laundry: In Basement
Features
- Utility Room, Hard Surface Counters
- Flooring: Wood
- Windows: Wood Frames, Windows Vinyl, Multi Pane Windows
- Basement: Full,Finished,Daylight,Rec/Family Area,Walk-Out Access
- Has fireplace: Yes
- Fireplace features: Masonry, Gas, Insert
Interior area
- Total structure area: 3,504
- Total interior livable area: 3,504 sqft
Property
Parking
- Total spaces: 1659
- Parking features: Attached, Garage Door Opener, Off Site, Oversized
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 10,018 sqft
- Features: Sprinkler - Automatic, Wooded, Corner Lot
Details
- Parcel number: 13132.4703
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Roof: Composition
Condition
- Year built: 1957
Community & neighborhood
Location
- Region: Cheney
Other
Other facts
- Listing terms: VA Loan,Conventional,Cash
- Road surface type: Paved
Services availability

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$550,400
2% more+ $11,008
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$561,408