$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

  • 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.

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: 2/22/2025, 1:55:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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aerial view

$1,600,000

321 1st St

$10,000

closing credit¹

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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. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

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

Similar homes for sale

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 January 2025 more than 0 listings in Cheney, WA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 4 were sold below. Between December and January 2025, Cheney, WA real estate market has seen decrease in the number of listings by 6.6%. In January 2025 median list price was $420,000 and the average listing age was 22 days.

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

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