121 5th St, Cheney, WA 99004
Property image
Property image
OFF MARKET

121 5th St
Cheney, WA 99004

  • 6 Beds
  • 4 Baths
  • 3,504 sqft

$551,200

Trulia Estimate
as of Jul 31, 2026
Est. Refi. Payment $3,280/mo*

$551,200

Trulia Estimate
as of Jul 31, 2026
Est. Refi. Payment $3,280/mo*
6 Beds
4 Baths
3,504 sqft

Local Information

  • Map ViewExplore the area around 121 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1957
Living Area
3,504 sqft
Price/Sqft
$157
Parking
Garage

About this House

Price Improvement! Excellent Investment Opportunity! Super Nice 4-Plex located 2 Blocks from EWU & 3 Blocks from Sutton Park. Perfect for owner Occupancy Rental. The Main Unit is 1734 SF, 3 Bdrm, 2 Bath, 2-Car Gar. It features a well-appointed kitchen w/ Granite Countertops, Lrg Dining Rm, Bright & Airy Living Rm w/ Gas F/P, Primary Bdrm w/ 3/4 Bath & Backyard Deck - currently leased for $1625/mo. The 3 units in the lower level include (2) Lrg studios, & (1) 1 Bdrm All w/ Laundry in units) – those 3 are currently leased for a total of $2095/mo. Total Gross Income $3720/mo. Leased thru 6/30/2024. New Electrical panels in 2018 & Sewer Line - 2021. Lots of Updating. Vinyl Wdws, 2 F/P in main home, Full yard Sprinkler System. See Assoc Docs for Update List. Must See!
121 5th St, Cheney, WA 99004 is a 6 bedroom, 4 bathroom, 3,504 sqft multi-family built in 1957. It last sold for the $525,000 asking price on Dec 29, 2023. It is currently off market. The Trulia Estimate is $551,200, with a rent estimate of $1,642/month.

Home Details for 121 5th St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Full,Finished,Daylight,Rec/Family Area,Walk-Out AccessNumber of Rooms: 3Types of Rooms: Master Bedroom, Dining Room, Family Room
Beds & Baths
Number of Bedrooms: 6Number of Bathrooms: 4
Dimensions and Layout
Living Area: 3504 Square Feet
Appliances & Utilities
Appliances: Free-Standing Range, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerLaundry: In BasementRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Electric,Baseboard,Ductless,ZonedNo CoolingHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: Masonry, Gas, InsertHas a Fireplace
Windows, Doors, Floors & Walls
Window: Windows Vinyl, Multi Pane Windows, Wood FramesFlooring: Wood
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Wood
View
Has a ViewView: City, Territorial

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2GarageParking Spaces: 1659Parking: Attached,Garage Door Opener,Off Site,Oversized
Frontage
Road Frontage: City StreetRoad Surface Type: Paved

Property Information

Year Built
Year Built: 1957
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Ranch
Building
Construction Materials: Brick, Wood SidingNo Additional Parcels
Property Information
Parcel Number: 13132.4703

Price & Status

Price
List Price: $525,000

Location

Direction & Address
City: Cheney
School Information
Elementary School: BetzElementary School District: CheneyJr High / Middle School: CheneyHigh School: Cheney

Building

Building Area
Building Area: 3504 Square Meters

Lot Information

Lot Area: 10018.8 sqft

Offer

Listing Terms: VA Loan, Conventional, Cash

Miscellaneous

BasementMls Number: 202320050

Additional Information

HOA Amenities: None
Last check for updates: about 2 hours ago
Listed by Clinton Sewright, (509) 230-5566
Coldwell Banker Tomlinson
Source: SMLS as distributed by MLS GRID, MLS#202320050

Price History for 121 5th St

DatePriceEventSource
12/29/2023$526,000Sold
SMLS as distributed by MLS GRID #202320050
10/19/2023$525,000PendingSMLS as distributed by MLS GRID #202320050
08/24/2023$525,000PriceChange
SMLS as distributed by MLS GRID #202320050
08/07/2023$535,000Listed For SaleSMLS as distributed by MLS GRID #202320050
02/13/2018$296,500Sold
SMLS as distributed by MLS GRID #201810551
05/15/2014$275,000Sold
N/A
06/20/2006$275,000Sold
N/A

Market trends in Cheney

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
110
7
MoM
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Property Tax and Assessment

Year2025
Tax$5,690
Assessment$511,200
Home facts updated by county records

Comparable Sales for 121 5th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Multi-Family Home
$400,000
09/23/25
12
10
3,406
0.48
Multi-Family Home
$620,000
04/20/26
6
4
3,068
0.36
Multi-Family Home
$425,000
07/22/26
13
39
5,292
0.88
Multi-Family Home
$323,000
02/03/26
4
2
1,638
1.75
Multi-Family Home
$543,840
03/26/26
6
4
2,856
7.31
Multi-Family Home
$455,262
07/09/26
6
2
2,288

Nearby homes

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Assigned Schools

These are the assigned schools for 121 5th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cheney

At least 89 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 81 % Say parking is easy

  • 78 % Say people would walk alone at night

  • 77 % Say there's holiday spirit

  • 74 % Say car is needed

  • 71 % Say kids play outside

  • 68 % Say it's walkable to grocery stores

  • 68 % Say yards are well-kept

  • 63 % Say streets are well-lit

  • 61 % Say it's quiet

  • 59 % Say it's walkable to restaurants

  • 55 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 20webb03
    "It’s a college town, but usually pretty quiet. Most people just keep to themselves which is nice. Haven’t really had an issue at all"
  • Mrwyatt_24
    "Not sure but there are lots of side walks and places to walk your dog anytime of the day. Thank you "
  • Mohammed A.
    "No major interesting event often happen here, except for the rodeo and a summer country festival. ........"
  • Tbilreyn
    "Lots of dogs. Close to multiple parks to play. Great sidewalks for walking. There is always something for a dog to do."
  • Katdavis55
    "It really depends on which area of cheney you live in, some areas definitely feel safer in some areas than others. "
  • Britney R.
    "The community events in my neighborhood are may fest and the rodeos and church events and family and friend events. "
  • Kendall C.
    "It's close to the university as well as downtown cheney, however there are college students spread out which could be a positive or negative however you look at it. So nearby parties happen, trash does get left around "
  • Adriana P. P.
    "We often times see kids from Cheney high hanging out in the street. Beware of what your kids are doing once they get out of classes. "
  • Wendy N.
    "There’s a park literallly in our back yard, you go through a gate and it’s there. Right next to a elementary school too. And fairly close to Eastern. "
  • Ringolemalu
    "My neighborhood has great access to public transportation. it's easy to get around on foot or bike as well."
  • Ringolemalu
    "my neighborhood is easy to get around. walking distance to everything and a lot of street parking available."
  • Ringolemalu
    "My neighborhood has great access to shopping and dinning areas around town. Very laid back community."
  • Wendy S.
    "This is a Friendly, well kept area. It is a family neighborhood as opposed to some areas in town with more rentals. This area is Close to shopping, schools, and recreation. A prefect small town feel but all the amenities of a big city with downtown Spokane only 20minutes away."
  • Simcarothers
    "It's in the middle of everything, and with a hus stop down the block you can easily get to anything you need."
  • Matthew S.
    "It’s blocks from the university and a park close by. You can walk down to downtown Cheney easily. There’s a lot of diversity in home owners and families as well."
  • Matthew B.
    "WE live in this very Quite Nature Filled rural area just 3 miles from Downtown Cheney where there is ample Parking, recreation, educational facilities and everything one would need located in a small college community. "
  • Kenny
    "We love living in this neighborhood. Blessed with incredible neighbors and we feel safe."
  • Ben
    "This area is centrally located: 12 miles from Spokane, 5 miles from Cheney, 7 miles from Airway Heights, 5 miles from Medical Lake, 27 miles from Liberty Lake with easy I-90 access. Quiet rural area that allows for country living, gardening, backyard animals and sustainable living within a short distance from shopping, dining, and city life. "

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Off Market Homes Near 121 5th St

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Based on information submitted to the MLS GRID as of 2026-07-31 07:43:07 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information