1521 4th St, Cheney, WA 99004
Spokane County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Structure Type
Duplex
Year Built
1970
Living Area
1,638 sq ft
Lot Size
0.16 acres
Parking Spaces
2
Days on Market
77
MLS® Listing#
202614451
Property Features
Interior
Appliances
Heating
Basement
Parking
Patio
Lot Features
Construction
Roof
Security
Utilities
Schools
- Elementary:
- Betz
- Middle:
- Cheney
- High:
- Cheney
Financial Details
Parcel Number
13124.3210
Directions
I-90 to exit 270 south in to cheney aprox. 5 miles turn right at the second stop light go 1/2 block (turns a little to left) go to stop sign go straight 1 block the second six duplexes on the east side of the street in next block.
Affordability Calculator
$59,000
Estimated monthly payment
$1,570/mo
Principal $236,000 · Est. interest $329,241 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cheney, WA
- $485,965
- Median Listing Price
- 45
- Median Days on Market
- 1,889
- Median Sq Ft
- $231
- Median Price / Sq Ft
- 135
- Active Listings
- This home’s price is 39% below the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cheney, WA.
Location
Points of Interest in Cheney, WA
Showing the Cheney area map.
Nearby Schools
Cheney High School
Secondary · 0.4 mi away
Betz Elementary School
Elementary · 0.4 mi away
Three Springs High School
Secondary · 0.7 mi away
University Preschool
School · 0.7 mi away
Cheney Middle School
Secondary · 0.9 mi away
Ewu Children's Center - Spokane YMCA
School · 1.1 mi away
Salnave Elementary School
Elementary · 1.7 mi away
Cheney Public Schools
Elementary · 3.4 mi away
Three Springs High School
Secondary · 3.4 mi away
Western States Engineers Training Institute
School · 6.8 mi away
Snowdon Elementary School
Elementary · 7.0 mi away
Medical Lake Middle School
Secondary · 7.1 mi away
Medical Lake School District Trans
School · 7.1 mi away
Hallett Elementary
Elementary · 7.1 mi away
Schools-Public Special Services
School · 7.5 mi away
Medical Lake High School
Secondary · 7.6 mi away
Medical Lake School District No 326
Elementary · 7.7 mi away
Windsor Elementary School
Elementary · 7.7 mi away
Martin Hall Detention Ctr
Secondary · 7.9 mi away
Westwood Middle School
Secondary · 7.9 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| NKA Malloy Prairie Rd, Cheney, WA | $207,500 | — | — | — |
| 16XXX W Lance Hill Rd, Cheney, WA | $208,160 | — | — | — |
| UNK S Cheney Plaza Rd, Cheney, WA | $209,088 | — | — | — |
| 14400 Blk S S Cheney-Spokane Rd Rd, Cheney, WA | $214,560 | — | — | — |
| 1008 2nd St, Cheney, WA | $222,000 | 3 | 1 | — |
| 15275 S Andrus Rd, Cheney, WA | $235,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Cheney
Listing Courtesy: Prime Real Estate Group - 5092184663