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    Cheney, WA
    Short Term Rental

    Cheney, WA Short Term Rental Properties for Sale

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    Medical Lake, WA Spokane, WA Spangle, WA Airway Heights, WA Valleyford, WA Edwall, WA Mica, WA Spokane Valley, WA
    Victorian 4-Plex Rental Property
    Updated: Feb 5
    Victorian 4-Plex Rental Property

    422 4th St, Cheney, WA 99004

    $450,000
    2,215 sqft 0.11 AC lot
    0.1148‑acre lot with 2,215 SF 4‑plex in a Victorian brick home built in 1895
    All four units currently occupied
    Individual electric meters; landlord covers Wi‑Fi and water; tenants pay electric, sewer, and garbage
    Window A/C units in all units with ductless and baseboard/electric heat
    Roof and windows replaced within the last 18 years; newly remodeled tiled bathrooms
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    This listing looks promising.

    Here's a quick look at some key insights for

    422 4th St, Cheney, WA 99004

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $25K
      Annual

    • Mortgage

      $214K
      Feb 2021

    • Last Sold

      Feb 2021
      $285K

    • Property Type

      Quadplex
      Built 1895
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cheney, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Single-Level Duplex with Fenced Yards
    Single-Level Duplex with Fenced Yards

    Coeur D Alene, ID 83814

    $675,000
    2,812 sqft 0.28 AC lot

    Single-level duplex with two attached garages, private fenced backyards, central air, and public water and sewer.

    View details
    Bungalow Duplex with Park View
    Bungalow Duplex with Park View

    1823 S Grand Blvd, Spokane, WA 99203

    $639,950
    2,240 sqft 0.16 AC lot

    1923 bungalow with two separate living levels, including a furnished private suite and central air

    View details
    Downtown Duplex with Private Garages
    Downtown Duplex with Private Garages

    Coeur D Alene, ID 83814

    $680,000
    2,416 sqft

    Two single-level 2-bedroom, 2-bath units include laundry areas, alley access, private one-car garages, and fenced yards.

    View details
    Victorian Duplex with Private Deck
    Victorian Duplex with Private Deck

    407 E 11th Ave, Spokane, WA 99202

    $350,000
    1,800 sqft 0.14 AC lot

    Victorian duplex with two bedrooms on the main level, a 1-bedroom upper unit, private decks, and separately metered utilities.

    View details

    Cheney, WA Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Cheney, WA on our real estate platform. These investment opportunities span a total of 2,215 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for short term rental properties in Cheney, WA average $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Duplexes 1
    Quadplexes 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +10.0%
    Median Household Income $62,014
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

    Identify Cheney submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    99004 $450K

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.07 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Spokane County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Cheney fall within the 2,500 to 5,000 square foot range.

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