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1115 1st StCheney, WA 99004

Spokane County

$1,000,000List price
9,600Sq Ft
1970Year built
0.19Acre lot
4 months agoOn market

Description

Cash flowing 11 unit apartment building in the heart of Cheney, home to Eastern Washington University. The unit mix (six 1-bed/1-bath, five 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.

Property Information

Property type
Commercial Sale
Year built
1970
Living area
9,600 Sq Ft
Lot size
0.19 acres
Zoning
COM
Days on market
121
MLS® Listing#
202620912

Property Features

Interior
High Speed Internet
Heating
Electric · Baseboard
Basement
None
Construction
Brick · Vinyl Siding
Roof
Composition

Schools

Elementary
Betz
Middle
Cheney
High
Cheney

Financial Details

Annual taxes
$12,673
Parcel number
13131.0506

Directions

GPS is accurate

Listing Courtesy: Keller Williams Spokane - Main - Main: 208-627-9768

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