About This Home
This 0-bedroom, 0-bathroom commercial at 1115 1st St in Cheney, WA is listed for $1,200,000 ($125 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
- 3 stories
Property Details
Amenities
Cash flowing 11 unit apartment building in the heart of Cheney, home to Eastern Washington University. The unit mix (seven1-bed/1-bath, four 2-bed/1-bath) is perfectly suited to the steady demand of a college town. This is a low-maintenance investment from day one: newer roof, updated vinyl siding and windows, concrete walkways, and off-street parking mean fewer surprises and lower carrying costs.
Rents are still under market, leaving real upside for a new owner to step in and capture immediate value. With Cheney's tight rental market and major new business growth on the West Plains driving long-term demand. Don't wait, cash flowing, college town assets like this don't last.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1115 1st St
Cheney, WA 99004
Property Details
Construction
Views
Heating
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1115 1st St is listed at $1,200,000 ($125/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1970, 0.19 acre lot, 3 stories.
This property is listed by Nicole Page and can be reached at (509) 458-4000.