422 4th St

4
Baths
2,215 Sq. Ft.
$203 / Sq. Ft.
2,215
Sq. Ft.
$203
per Sq. Ft.

Description

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....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.
  1. Listed by Marcy Mongan • Windermere Manito, LLC

Property Details for 422 4th Street

Parking Features
Off Site, Assigned
Architectural Style
Victorian
LISTING UPDATED: 02/06/2026 07:01 AM

Property Details for 422 4th Street

StatusNew
MLS #202611823
Days on Market1
Taxes$4,372 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built1895
Lot Size0.11 AC / 5,000 SF
CountySpokane County

Location

Listing Courtesy of Windermere Manito, LLC
Add your commute

Building Information for 422 4th Street

Building/Complex422 4th StFloor-Stories3Residences4Pet Policy-Pet Policy Details-Year Built1895Building Size-

Payment Calculator

$2,558 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,193

Property Taxes

$364

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 422 4th Street

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.58
  • Directions: From Spokane, go West to exit 270, follow hwy 904 to Cheney. 904 turns into 1st street. Stay on 1st until you get to College (between D and F). Right on College to 4th.
  • Class: Rental Income
  • Latitude: 47.49
Taxes and HOA
  • Tax Annual Amount: $4,372.00
  • Parcel Number: 13132.0903
Parking
  • Carport Spaces: .00
  • Garage Spaces: .00
  • Parking Total: 4.00
Virtual Tour
School Information
  • Middle Or Junior School: Cheney
Property
Lot Information
  • Lot Features: Level, Open Lot
  • Lot Size Acres: 0.11
  • Lot Size Square Feet: 5000.0
  • Lot Size Length: 100
  • Lot Size Width: 50
Property and Assessments
  • Construction Materials: Brick
  • 1031 Exchange: No
  • Bank Approved: No
  • FIPS: 53063
  • Year Built: 1895
  • First Photo Additional Detail: 2026-02-05T22:36:15
Interior and Exterior Features
Exterior Features
  • Association Amenities: See Remarks
  • Area: A420/097
  • Structure Type: Three Story
  • Road Frontage Type: City Street, Paved Road
  • Roof: Composition
Interior Features
  • Heating: Electric, Baseboard, Ductless
  • Appliances: Free-Standing Range, Dishwasher, Refrigerator, Microwave
  • Basement: Walk-Out Access, See Remarks
  • Stories: 3
  • Interior Features: Windows Vinyl
  • Cooling: Window Unit(s)
Multi Family
Income & Expenses Information
  • Fuel Expense: $.00
  • Water Sewer Expense: $660.00
  • Other Expense: $.00
Unit Information
Unit Information
  • Number Of Units Total: 4
Unit 1
  • Approx Square Feet: 740
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit A
  • Units Total: 1
Unit 2
  • Approx Square Feet: 200
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit B
  • Units Total: 1
Unit 3
  • Approx Square Feet: 675
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit C
  • Units Total: 1
Unit 4
  • Approx Square Feet: 600
  • Baths Total: 1
  • Beds Total: 1
  • Type: Unit D
  • Units Total: 1
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 422 4th Street

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

SPOKANEMLS #202611823

$450,000—
Oct 6, 2025

Expired

SPOKANEMLS #202424110

$450,000—
Oct 23, 2024

Temporarily Off Market

SPOKANEMLS #202424110

$450,000—
Oct 8, 2024

Listed (Active)

SPOKANEMLS #202424110

$450,000—
Feb 2, 2021

Sold

SPOKANEMLS #202025048

$285,000—
Jan 28, 2021

Sold (Public Record)

Public Record #1437961804

$285,000—
Jan 19, 2021

Sold (Public Record)

Public Record #690204129

$285,000

+11.8% / yr

Dec 28, 2020

Pending

SPOKANEMLS #202025048

—
Nov 20, 2020

Listed (Active)

SPOKANEMLS #202025048

$299,000—
Jun 5, 2018

Sold

SPOKANEMLS #201814214

$212,500—
May 31, 2018

Sold (Public Record)

Public Record #624032489

$212,500

+9.0% / yr

May 28, 2018

Pending

SPOKANEMLS #201814214

—
Apr 2, 2018

Listed (Active)

SPOKANEMLS #201814214

$210,000—
Jul 5, 2016

Sold

SPOKANEMLS #201524697

$180,000—
Jun 28, 2016

Sold (Public Record)

Public Record #573570539

$180,000—
Jun 23, 2016

Pending

SPOKANEMLS #201524697

—
Sep 13, 2015

Listed (Active)

SPOKANEMLS #201524697

$195,500—
Sep 11, 2015

Withdrawn

SPOKANEMLS #201524638

—
Sep 11, 2015

Listed (Active)

SPOKANEMLS #201524638

$196,500—
Sep 10, 2015

Withdrawn

SPOKANEMLS #201524638

—
Sep 10, 2015

Listed (Active)

SPOKANEMLS #201524638

$196,500—
Aug 31, 2015

Expired

SPOKANEMLS #201519432

$196,500—
Jun 11, 2015

Listed (Active)

SPOKANEMLS #201519432

$196,500—
Jun 26, 2014

Expired

SPOKANEMLS #201218485

$235,000—
Jun 19, 2012

Listed (Active)

SPOKANEMLS #201218485

$235,000—
DateEvent & SourcePrice
02/05/2026

Listed (Active)

SPOKANEMLS #202611823

$450,000
10/06/2025

Expired

SPOKANEMLS #202424110

$450,000
10/23/2024

Temporarily Off Market

SPOKANEMLS #202424110

$450,000
10/08/2024

Listed (Active)

SPOKANEMLS #202424110

$450,000
02/02/2021

Sold

SPOKANEMLS #202025048

$285,000
01/28/2021

Sold (Public Record)

Public Record #1437961804

$285,000
01/19/2021

Sold (Public Record)

Public Record #690204129

$285,000

+11.8% / yr

12/28/2020

Pending

SPOKANEMLS #202025048

—
11/20/2020

Listed (Active)

SPOKANEMLS #202025048

$299,000
06/05/2018

Sold

SPOKANEMLS #201814214

$212,500
05/31/2018

Sold (Public Record)

Public Record #624032489

$212,500

+9.0% / yr

05/28/2018

Pending

SPOKANEMLS #201814214

—
04/02/2018

Listed (Active)

SPOKANEMLS #201814214

$210,000
07/05/2016

Sold

SPOKANEMLS #201524697

$180,000
06/28/2016

Sold (Public Record)

Public Record #573570539

$180,000
06/23/2016

Pending

SPOKANEMLS #201524697

—
09/13/2015

Listed (Active)

SPOKANEMLS #201524697

$195,500
09/11/2015

Withdrawn

SPOKANEMLS #201524638

—
09/11/2015

Listed (Active)

SPOKANEMLS #201524638

$196,500
09/10/2015

Withdrawn

SPOKANEMLS #201524638

—
09/10/2015

Listed (Active)

SPOKANEMLS #201524638

$196,500
08/31/2015

Expired

SPOKANEMLS #201519432

$196,500
06/11/2015

Listed (Active)

SPOKANEMLS #201519432

$196,500
06/26/2014

Expired

SPOKANEMLS #201218485

$235,000
06/19/2012

Listed (Active)

SPOKANEMLS #201218485

$235,000

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

Public Records for 422 4th Street

Taxable ValueLand$70,000Additions$326,900Total$396,900
Tax Record2025$4,374 ($364 / month)
Home Facts
Total Finished SqFt2,419 SqFtAbove Grade Finished SqFt2,419 SqFtStories2Lot Size5,000 SqFtStyleQuadraplexYear Built1895Year Renovated1950CountySPOKANEAPN13132.0903

Schools near 422 4th 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

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422 4th Street is a multi-family home for sale in Cheney, WA 99004. This property was listed for sale on February 5, 2026 by Windermere Manito, LLC, it's currently listed at $450,000. It has been on the market for a total of 1 days and was last sold on February 2, 2021. This listing's school district is Cheney School District. Nearby schools include Betz Elementary School, Cheney Middle School and Cheney High School. 422 4th Street is a 4-bed, 4-bath, 2,215 sqft multi-family home built in 1895.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Windermere Manito, LLC

Based on information submitted to the MLS GRID as of 02/06/2026 07:01 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.