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Property summary
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.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,540 SF
- Lot area
- 0.22 ac
- Year built
- 2009
- Stories
- 2
- APN
- 13123.2105
- Assessed value · 2024
- $966,700
- Annual tax · 2023
- $8,080
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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