About 1239 First St
This fully occupied fourplex is a turnkey investment with strong cash flow and excellent equity potential! Featuring spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring, each unit offers comfortable living. Tenants enjoy a huge shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location on the bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don’t miss out!
Features of 1239 First St
| MLS® # | SAR202515040 |
|---|---|
| Price | $599,000 |
| Price Per SqFt | $212 |
| Bathrooms | 0.00 |
| Square Footage | 2,832 |
| Acres | 0.42 |
| Year Built | 1975 |
| Type | Income |
| Sub-Type | Rental |
| Status | Active |
Community Information
| Address | 1239 First St |
|---|---|
| Area | A420/097 |
| City | Cheney |
| County | Spokane |
| State | WA |
| Zip Code | 99004 |
Amenities
| Amenities | Laundry, Play Area |
|---|---|
| Parking Spaces | 3 |
| Garages | Off Site |
| View | City |
| Is Waterfront | No |
Interior
| Appliances | Free-Standing Range, Refrigerator |
|---|---|
| Heating | Electric, Baseboard |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | Fenced Yard, Level, Hillside, Corner Lot |
|---|---|
| Roof | Composition |
| Construction | Wood Siding |
School Information
| District | Cheney |
|---|---|
| Elementary | Betz |
| Middle | Cheney Midle |
| High | Cheney |
Additional Information
| Date Listed | April 15th, 2025 |
|---|---|
| Days on Website | 191 |
Listing Details
| Office | Touchstone Real Estate Group |
|---|