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    113 9th St Cheney, WA 99004-2304
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    Property profile & analytics

    113 9th St Cheney, WA 99004-2304


    • Apartment buildings
    • 2,540 SF
    • 0.22 lot acres
    Off-Market
    Property ID
    US90-1014668
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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    Cap Rate Potential
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    Current Use by Public Records

    • Apartment buildings

    Property Details for 113 9th St

    Year built
    2009
    Lot size
    0.22 lot acres
    Property size
    2,540 SF
    Property type
    Apartment buildings
    APN
    13123.2105
    APU
    131232105

    Description

    This exceptional investment opportunity consists of two adjacent properties located at 113 N 9th St (7,620 sq ft on a 9,375 sq ft lot) and 121 N 9th St (1,432 sq ft on a 13,125 sq ft lot) in Cheney, Washington, 99004. The properties are custom-built, offering 18 premier student suites, two deluxe studio units, and one fully remodeled one-bedroom unit, all fully furnished and move-in ready. Situated directly across the street from Eastern Washington University, this student housing complex boasts above-average finishes, including tile floors and flat-screen TVs in each unit. Additional amenities include in-unit washer/dryers, keyless FOB entry, and off-street parking. The asking price for this turnkey investment is $2,500,000. This property presents a rare opportunity to acquire a high-demand, well-maintained student housing complex with significant potential for strong rental income and appreciation. The convenient location and desirable features ensure consistent occupancy and a high return on investment. The properties are meticulously maintained and offer a comfortable and modern living experience for students. This is an ideal investment for those seeking a stable and profitable venture in the thriving Cheney, WA real estate market. The combined lot size offers ample space for potential future expansion or improvements.


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    Location Insight

    • Map
    • Local Demand
    City
    Cheney
    County
    Spokane
    State
    Washington
    Longitude
    -117.582
    Latitude
    47.4943
    CBSA code
    44060
    CBSA name
    SPOKANE-SPOKANE VALLEY, WA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,080
    $65,630
    $901,070
    $966,700
    -
    $65,630
    $901,070
    $966,700
    More about this property
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