$1,600,000

321 1st St Cheney, WA 99004

$10,000
Closing credit¹
12,000 sqft
0.10 acres
$133 / sqft
Multi-Family

Property details

About 321 1st St

Mixed use building for sale in Cheney, WA. Conveniently located in the heart of Downtown Cheney and only 3 blocks away from Eastern Washington University. 20 minutes from Downtown Spokane and 20 minutes from the Spokane International Airport. Seller is open to owner financing. Top floor: 4 apartment units (3 2bed/1bath units and 1 studio). Main floor: 2 street level retails suites. Bottom floor: 5 private offices and 1 retail suite. Building remodeled in 2013.

Highlights

Home typeMulti Family
HeatingGas
StatusActive
Size12,000 sqft
BasementYes
Lot size0.1 Acres
Year built1902
MLS #202420590

Summary

  • Basement: Yes
  • Attached Garage: No
  • Private Pool: No
  • Parking: None
  • Exterior: None
  • Heating: Gas
  • List Price: $1,600,000
  • Price/SqFt: $133
  • Annual Tax Amount: $4,413
  • Tax Year: 2024
  • Year Built: 1902
  • Living Area: 12,000 SqFt
  • Lot Size: 0.1 Acres
  • MLS Number: 202420590
  • MLS Name: SARMLS
  • Office Name: Windermere Manito, LLC
  • Office Phone: (509) 747-1051
  • Office Email: manito@windermere.com
  • Listing Agent: Jim Lister

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

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.

DMCA Notice

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 2:55:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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321 1st St, Cheney, WA 99004 - aerial view

$1,600,000

321 1st St

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 14, 2006
Home Sold
$200,000

Tax history

YearAssessmentProperty Tax
2024$527,400$4,413
2023$476,700$5,275
2022$476,700$5,274
2021$466,200$5,321
2020$444,600$5,413
2018$424,400$5,027
2017$453,700$5,647

History based on county public records data.

Nearby schools

6

Betz Elementary School

Public District PK-5

0.6 mi

317 N 7th St

4

Salhave Elementary School

Public District PK-5

1.0 mi

1015 Salnave Rd

7

Hallett Elementary School

Public District PK-5

7.4 mi

524 N Hallett St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $17,500. Typical income of Cheney, WA residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

67%
<35k
30%
35k-100k
3%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
5%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

7%
<11 yrs old
4%
12-17 yrs old
66%
18-34 yrs old
17%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • College FootballCollege Football
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 321 1st St

The listing price of 321 1st St property is $1,600,000.

The property 321 1st St is a multi located in Cheney, Washington, 99004.

Active Listing: 321 1st St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 321 1st St are: Betz Elementary School (GreatSchools Rating 6/10), Salhave Elementary School (GreatSchools Rating 4/10), Hallett Elementary School (GreatSchools Rating 7/10), Cheney Middle School (GreatSchools Rating 3/10), Medical Lake Middle School (GreatSchools Rating 7/10), Westwood Middle School (GreatSchools Rating 5/10), Homeworks (GreatSchools Rating 5/10), Three Springs High School (GreatSchools Rating 3/10), Cheney High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $4,413 (source: MLS/based on county public records data).

The last sale was on November 14, 2006 for $200,000 (source: MLS/tax record).

The property 321 1st St is 12,000 SqFt (source: MLS/tax record).

The year of construction for 321 1st St is 1902.

This home is located at 321 1st St in Cheney, WA and zip code 99004. This 12,000 square foot home, which was built in 1902, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $1,600,000.

In May 2025 more than 8 listings in Cheney, WA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 5 were sold below. The inventory of homes for sale in Cheney, WA between April and May 2025 increased by 24.7%. Listings spent 24 days on the market in May 2025, and had a median list price of $418,845 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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