Cash flowing 11 unit apartment in the heart of Cheney. The unit mix is a 4/2 house, 7 - 1/1 and 3 studios. The current owner has moved rents and updated most units. The property is low maintenance with newer roof, 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!
Multi-familyProperty Type
1910Year Built
0.34 acresLot Size
Listed by Jordan Tampien• 4 Degrees Real Estate
Listed by Brenda Tampien• 4 Degrees Real Estate
Bought with Jessica Sewell• Prime Real Estate Group
Excellent location, right across from the EWU Campus in Cheney! There is a single family home, as well as a 6-plex and 4-plex all on one piece of property. There is also parking. Gross rents on this property are at $4500. This would be a great opportunity to fix up and continue to rent or future development.
SPOKANEMLS as Distributed by MLS Grid #201410678
Feb 4, 2015
Sold
$225,000
Jan 9, 2014
Listed
$250,000
Public Records
Sep 4, 2001
Sold
$100,000
Public Records
Oct 15, 1990
Sold
$100,000
Year
Property tax
Land + Additions
Assessment*
2026
$11,756 (−8.3%)
$135,000 + $1,030,500
$1,165,500
2025
$12,820 (+18.8%)
$135,000 + $1,030,500
$1,165,500
2024
$10,793 (+10.6%)
$120,000 + $1,036,500
$1,156,500
2023
$9,760 (+3.3%)
$90,000 + $1,078,000
$1,168,000
2022
$9,448 (+107.5%)
$90,000 + $764,800
$854,800
2021
$4,552 (+0.5%)
$90,000 + $308,700
$398,700
2020
$4,532 (+7.1%)
$90,000 + $282,000
$372,000
2019
$4,231 (−12.9%)
$90,000 + $275,100
$365,100
2018
$4,859 (+15.3%)
$90,000 + $259,900
$349,900
2017
$4,215 (−1.5%)
$90,000 + $259,900
$349,900
2016
$4,280 (−6.8%)
$90,000 + $252,300
$342,300
2015
$4,590
$105,000 + $268,500
$373,500
Tax history for 519 - 524 4th St
Year
Property tax
Land + Additions
Assessment*
2026
$11,756 (−8.3%)
$135,000 + $1,030,500
$1,165,500
2025
$12,820 (+18.8%)
$135,000 + $1,030,500
$1,165,500
2024
$10,793 (+10.6%)
$120,000 + $1,036,500
$1,156,500
2023
$9,760 (+3.3%)
$90,000 + $1,078,000
$1,168,000
2022
$9,448 (+107.5%)
$90,000 + $764,800
$854,800
2021
$4,552 (+0.5%)
$90,000 + $308,700
$398,700
2020
$4,532 (+7.1%)
$90,000 + $282,000
$372,000
2019
$4,231 (−12.9%)
$90,000 + $275,100
$365,100
2018
$4,859 (+15.3%)
$90,000 + $259,900
$349,900
2017
$4,215 (−1.5%)
$90,000 + $259,900
$349,900
2016
$4,280 (−6.8%)
$90,000 + $252,300
$342,300
2015
$4,590
$105,000 + $268,500
$373,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
1985
Sq. Ft.
2,216
Year built
1910
Style
Multi-Family (5+ Unit)
County
Spokane County
APN
13132.1302
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
Property details
Parking
Parking Information
Parking Features: Detached
Interior
Basement Information
Basement Features: Partial
Heating & Cooling
Heating Information: See Remarks
Cooling Information: See Remarks
Multi-Unit Information
# of Units (Total): 11
Unit Type 1 Information
# of Units: 1
# of Bathrooms: 2
# of Bedrooms: 4
Unit Type 2 Information
# of Units: 7
# of Bathrooms: 1
# of Bedrooms: 1
Unit Type 3 Information
# of Units: 3
# of Bathrooms: 1
Exterior
Building Information
Construction Materials: See Remarks
Roof: Composition Shingle, Metal
Property Features
Home or Community Amenities: See Remarks
Property Information
Property Type: Residential Income
Property Sub Type: Rental
Lot Information
Lot Size Acres: 0.34
Road Frontage Type: City Street, Paved Road, Gravel
Financial
Tax Information
tax_db_id: 1
list_tax_property_id: 13132.1302
Location
School Information
Elementary School District: Cheney
Location Information
Address Search Number: 519
Area: A420/096
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,216
Stories: 2.0
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1910
Year Renovated: 1985
County: Spokane County
APN: 13132.1302
Home facts updated by county records on Oct 14, 2026
Other
Listing Information
Class: Rental Income
FIPS: 53063
Lender Owned: No
Relocation Corporation Owned: No
Listing Date Information
First Photo Add Dt: 2020-07-22T23:32:26.6
Home Information
Structure Type: Two Story
Listing Office Information
SAR_LO1_BranchOfOrgID: 772
Co-Listing Office Information
SAR_LO2_BranchOfOrgID: 772
Around this home
Schools
K - 12
Preschool & daycare
Betz Elementary School
Public PreK-5 • Assigned • 0.4mi
6/10
Cheney Middle School
Public 6-8 • Assigned • 1.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
7% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 94° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
13 unhealthy days expected this year, 14 days in 30 years
Provided by First Street
Historical weather
Cheney, WA • 99004
Average low and high temperatures (°F)
37°
26°
39°
26°
51°
34°
60°
38°
69°
45°
76°
51°
87°
58°
86°
60°
81°
55°
58°
38°
45°
34°
41°
32°
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 1.8 hours in December, placing it below the
U.S. average for solar exposure.