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About This Home
This 4-bedroom, 4-bathroom residential multi family at 422 4th St in Cheney, WA is listed for $450,000 ($203 per sqft). Built in 1895, the home offers 2,215 sqft of living space on a 0.11 acres lot.
Attention Investors! Exceptional 4-Unit Rental Income Property near EWU!This well-maintained Victorian home, converted into a charming 4-plex, is situated in a prime location right on Greek Row, just one block from campus. Perfect for students & visitors alike!
All currently occupied. Each unit is unique in its own way, offering character & individual charm that sets this property apart. A couple of the units have also served as successful Airbnbs. Enjoy outdoor relaxation on two inviting porches. Recent updates: new appliances, fixtures, flooring, & fresh paint throughout.
The exterior of home has been freshly painted. All units have individual electric meters, w/ landlord covering Wi-Fi & water. Tenants responsible for electric, sewer, & garbage. Roof and windows replaced within the last 18 years. Newly remodeled tiled bathrooms. Window A/C units in all units. Unfinished basement offers additional storage potential. 5 parking spots. This is a rare opportunity in a sought after rental market.
Key Features
- Built in 1895
- 0.11 acre lot
- 3 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
422 4th St
Cheney, WA 99004
Property Details
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 422 4th St is listed at $450,000 ($203/sqft). The estimated monthly payment is $1,950 based on 20% down at 6.5% interest.
Key features include: Built in 1895, 0.11 acre lot, 3 stories, 4 parking spaces.
This property is listed by Marcy Mongan and can be reached at (509) 747-1051 or marcym@windermere.com.
