Sold
Last Sold Price
6 beds4 baths3,504 sqft
121 5th St, Cheney, WA 99004
Multi FamilyProperty Type
0.23 acresLot Size
1957Year Built
$150/sq ftPrice per sq ft
1659 carsParking Spaces

Description

Price Improvement! Excellent Investment Opportunity! Super Nice 4-Plex located 2 Blocks from EWU & 3 Blocks from Sutton Park. Perfect for owner Occupancy Rental. The Main Unit is 1734 SF, 3 Bdrm, 2 Bath, 2-Car Gar. It features a well-appointed kitchen w/ Granite Countertops, Lrg Dining Rm, Bright & Airy Living Rm w/ Gas F/P, Primary Bdrm w/ 3/4 Bath & Backyard Deck - currently leased for $1625/mo. The 3 units in the lower level include (2) Lrg studios, & (1) 1 Bdrm All w/ Laundry in units) – those...Price Improvement! Excellent Investment Opportunity! Super Nice 4-Plex located 2 Blocks from EWU & 3 Blocks from Sutton Park. Perfect for owner Occupancy Rental. The Main Unit is 1734 SF, 3 Bdrm, 2 Bath, 2-Car Gar. It features a well-appointed kitchen w/ Granite Countertops, Lrg Dining Rm, Bright & Airy Living Rm w/ Gas F/P, Primary Bdrm w/ 3/4 Bath & Backyard Deck - currently leased for $1625/mo. The 3 units in the lower level include (2) Lrg studios, & (1) 1 Bdrm All w/ Laundry in units) – those 3 are currently leased for a total of $2095/mo. Total Gross Income $3720/mo. Leased thru 6/30/2024. New Electrical panels in 2018 & Sewer Line - 2021. Lots of Updating. Vinyl Wdws, 2 F/P in main home, Full yard Sprinkler System. See Assoc Docs for Update List. Must See!
  • Listed by: Clinton Sewright 509.230.5566 homesbyclint@gmail.com • Coldwell Banker Tomlinson
Listing closed: 12/29/2023 12:00 AM • Source: SPOKANEMLS, MLS#: 202320050

Recent comparable sales

Median sold price

$490,000

Avg days on market

53

Sale-to-list ratio

98.5%

Cheney, WA

9 comparable properties found

$400,000 | 201 5th Street, Cheney, WA 99004
1/10
1

$400,000

Sold 09/23/25

6
Bedrooms
4
Bathrooms
3,406
Square Feet
0.23
Acres
$525,000 | 2218 Marigold, Cheney, WA 99004
1/40
2

$525,000

Sold 03/25/26

6
Bedrooms
3,182
Square Feet
0.23
Acres
$620,000 | 910 2nd Street, Cheney, WA 99004
1/23
3

$620,000

Sold 04/20/26

6
Bedrooms
4
Bathrooms
3,068
Square Feet
0.15
Acres
$543,840 | 3208 Meadow Glen Lane, Unit 3210 MEADOW GLEN LN, Cheney, WA 99004
1/33
4

$543,840

Sold 03/26/26

6
Bedrooms
4
Bathrooms
2,856
Square Feet
0.16
Acres
$387,000 | 307 A Street, Cheney, WA 99004
1/43
5

$387,000

Sold 05/30/25

5
Bedrooms
3
Bathrooms
2,886
Square Feet
0.30
Acres
$625,000 | 1117 Greenfield Drive, Unit 1119, Cheney, WA 99004
1/25
6

$625,000

Sold 03/13/25

6
Bedrooms
6
Bathrooms
2,800
Square Feet
0.2
Acres
$435,000 | 720 Buena Vista Street, Cheney, WA 99004
7

$435,000

Sold 05/18/26

5
Bedrooms
3
Bathrooms
3,132
Square Feet
0.41
Acres
$475,000 | 1418 6th Street, Cheney, WA 99004
1/42
8

$475,000

Sold 11/13/24

5
Bedrooms
3
Bathrooms
3,288
Square Feet
0.27
Acres
$490,000 | 515 Short Street, Cheney, WA 99004
1/40
9

$490,000

Sold 12/18/25

5
Bedrooms
3,024
Square Feet
0.18
Acres

Location

Listing Courtesy of Coldwell Banker Tomlinson

Sold By NON MLS

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,080 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,718

Property Taxes

$362

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 121 5th Street

Property Details
  • Taxes: $4,338 / year
  • MLS Type: Residential Income / Rental
  • Parking Features: Attached, Garage Door Opener, Off Site, Oversized
  • Architectural Style: Rancher
Building Information
  • Building/Complex: 121 5th St
  • Stories: 1
  • Residences: 4
  • Year Built: 1957
  • Lot Size: 0.23 AC / 10,000 SF
Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.58
  • Directions: GPS
  • Township: 23
  • Class: Rental Income
  • Latitude: 47.49
Taxes and HOA
  • Tax Annual Amount: $4,338.00
  • Tax Property ID: 13132.4703
  • Tax Database ID: 1
  • Additional Parcels: No
  • Parcel Number: 13132.4703
Parking
  • Garage Spaces: 2.00
  • Parking Total: 1,659.00
Virtual Tour
School Information
  • Middle Or Junior School: Cheney
Property
Lot Information
  • Lot Features: Sprinkler - Automatic, Treed, Corner Lot
  • Lot Size Acres: 0.23
  • Lot Size Square Feet: 10000.0
  • Lot Size Length: 100
  • Lot Size Width: 100
Property and Assessments
  • Construction Materials: Brick, Wood
  • 1031 Exchange: Yes
  • FIPS: 53063
  • Year Built: 1957
  • First Photo Additional Detail: 2023-08-07T18:13:57.1
Utilities
  • High Speed Internet: Yes
Interior and Exterior Features
Exterior Features
  • Association Amenities: Deck, Patio, High Speed Internet, None
  • Area: A420/096
  • Structure Type: One Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition Shingle
  • View: City, Territorial
Interior Features
  • Basement: Yes
  • Heating: Gas Hot Air Furnace, Electric, Baseboard, Ductless, Zoned
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer, Hard Surface Counters
  • Basement: Full, Finished, Daylight, Rec/Family Area, Laundry, Walk-Out Access
  • Stories: 1
  • Interior Features: Utility Room, Wood Floor, Windows Wood, Windows Vinyl, Multi Pn Wn
  • Fire place Features: Masonry, Gas, Insert
Room Information
Dining Room
  • Dining Room: Formal,Informal
Family Room
  • Family/Recreation Room: Bsmt
Multi Family
Income & Expenses Information
  • Water Sewer Expense: $1,500.00
Unit Information
Unit Information
  • Number Of Units Total: 4
Unit 1
  • Approx Square Feet: 1734
  • Baths Total: 2
  • Beds Total: 3
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Approx Square Feet: 660
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit B
  • Units Total: 1
Unit 3
  • Approx Square Feet: 560
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit C
  • Units Total: 1
Unit 4
  • Approx Square Feet: 550
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit D
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 121 5th Street

DateEvent & SourcePriceAppreciation
Dec 29, 2023

Sold

SPOKANEMLS #202320050

$526,000
Dec 28, 2023

Sold (Public Record)

Public Record #1524657416

$526,000

+10.2% / yr

Oct 17, 2023

Pending

SPOKANEMLS #202320050

DateEvent & SourcePrice
12/29/2023

Sold

SPOKANEMLS #202320050

$526,000
12/28/2023

Sold (Public Record)

Public Record #1524657416

$526,000

+10.2% / yr

10/17/2023

Pending

SPOKANEMLS #202320050

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 121 5th Street

Taxable ValueLand$85,000Additions$330,600Total$415,600
Tax Record2026$5,690 ($474 / month)
Home Facts
Baths6Total Finished SqFt5,622 SqFtAbove Ground SqFt3,522 SqFtFinished Basement SqFt2,100 SqFtUnfinished Basement Area90 SqFtStories1Lot Size10,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Year Renovated2001ZoningR-3CountySPOKANEAPN13132.4703

Schools near 121 5th Street

This home is within Cheney School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Betz Elementary School
PublicPK to 5

Cheney Middle School
Public6 to 8

Cheney High School
Public9 to 12

HomeWorks!
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 99004

$575,000 | 16309 Cheney Spokane Road, Cheney, WA 99004
1/50
New

$575,000

3
Bedrooms
1,605
Square Feet
5.53
Acres
$425,000 | 4402 West Jensen Road, Cheney, WA 99004
1/37
New

$425,000

4
Bedrooms
1,728
Square Feet
10
Acres
$449,900 | 8434 West Sugar Street, Cheney, WA 99004
1/39
New

$449,900

4
Bedrooms
2,320
Square Feet
0.18
Acres
$75,999 | 840 West 1st Street, Unit 10, Cheney, WA 99004
1/21

$75,999

2
Bedrooms
746
Square Feet
0.04
Acres
$185,000 | 10510 West Richland Road, Unit 7, Cheney, WA 99004
1/43

$185,000

4
Bedrooms
1,584
Square Feet
Unavailable
Acres
$585,000 | 12717 South Spotted Road, Cheney, WA 99004
1/36
Virtual Tour

$585,000

3
Bedrooms
3,040
Square Feet
19.18
Acres
$424,900 | 405 Dubois Street, Cheney, WA 99004
1/35

$424,900

3
Bedrooms
2,984
Square Feet
0.26
Acres
$465,000 | 8218 Colwood Road, Cheney, WA 99004
1/31

$465,000

4
Bedrooms
2,080
Square Feet
0.21
Acres
$320,000 | 24210 South E Street, Cheney, WA 99004
1/29

$320,000

2
Bedrooms
1,234
Square Feet
9.12
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 121 5th Street, Cheney, WA 99004
$526,000
6
4
3,504
10,000
$301,000
3
2
1,232
5,000
$180,000
4
2,881
7,700
$120,000
7
5
3,200
7,700
$213,000
3
2,600
5,300
$158,750
3
2
1,700
10,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Tomlinson

Based on information submitted to the MLS GRID as of 01/04/2024 11:05 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.