About This Home

This 3-bedroom, 2-bathroom residential multi family at 1115 1st St in Cheney, WA is listed for $1,000,000 ($104 per sqft). Built in 1970, the home offers 9,600 sqft of living space on a 0.19 acres lot.

Key Features

  • Built in 1970
  • 0.19 acre lot
  • 20 parking spaces

Property Details

2 full
20 spaces
1970

Amenities

View
Listing Description

Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is 6- 1/1 and 5- 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!

Monthly Cost Estimate

$5,348/mo

20% down · 6.5% · 30 years

Principal$723
Interest$4,333
Insurance$292

Estimates only. Actual payments may vary.

Location

1115 1st St

Cheney, WA 99004

Property Details

Construction

Brick Vinyl Siding

Views

City

Parking

AssignedOffsite

Heating

Electric (Heating)Baseboard

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 1115 1st St is listed at $1,000,000 ($104/sqft). The estimated monthly payment is $5,349 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1970, 0.19 acre lot, 20 parking spaces.

This property is listed by Nicole Page.

NP

Nicole Page

Agent at Keller Williams Realty Spokane

Listed by Keller Williams Realty Spokane · Broker phone: (509) 458-4000 · View on Broker Site · Broker website

MLS# 202620814· Source: Spokane Association of REALTORS®· 110 days on PropertySimple

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1115 1st St, Cheney, WA 99004

Open this listing in: