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916 2nd St #918, Cheney, WA, 99004

6beds
4baths
3,065sqft
$624,950
$204price/sqft
$3,981/moest. monthly cost
$159,240/yrincome needed

About This Home

Beautiful newer luxury duplex in Cheney! Both sides are rented to great tenants on long term leases, with gross rents totaling $4,420. Each unit features 3 bedrooms, 2.5 baths, and a spacious 1,536 sq. ft. of living space. Many quality features including quartz countertops in the kitchen and baths, custom cabinets with soft-close drawers, and stainless steel appliances. The primary bedroom includes an en suite bathroom with a walk-in closet and double sinks. Both units come with a 2-car garage and the landscaping was designed with low-maintenance in mind. Whether you're an owner occupant looking to rent out one side or an investor seeking high-quality tenants, this is a perfect fit. Conveniently located near Eastern Washington University and a few blocks from shopping and restaurants.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

6/10
Betz Elementary SchoolGrades PK-50.4 mi
4/10
Cheney Middle SchoolGrades 6-81.1 mi
6/10
Cheney High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 2024

Materials

  • Roof: Composition
  • Construction materials: Fiber Cement

Type & Style

  • Home type: MultiFamily
  • Architectural style: Contemporary

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Microwave,Washer,Dryer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,065
  • Total interior livable area: 3,065 sqft

Property

Details

  • Parcel number: 13131.3212

Features

  • Levels: Three Or More
  • Stories: 2

Lot

  • Lot size: 6,000 sqft
  • Features: Sprinkler - Automatic,Level,Surveyed

Parking

  • Total spaces: 4
  • Parking features: Attached,Garage Door Opener,Off Site,Oversized
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Earthquake
Heat Wave
Strong Wind
Wildfire
Winter Weather

FEMA Declared Disasters in Spokane County and Washington

Fire
Flood
Mud Landslide
Other
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$206$2,472
Property Taxes $406$4,872
Electricity $209$2,515
Total$3,981$47,772
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$136,491/yr
40% on housing$119,430/yr
45% on housing$106,160/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 99004$193
Spokane County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 99004$225
Spokane County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-29Listed for sale$624,950

For Sale by Agent

AgentSeth Maefsky
BrokerageKeller Williams Realty Coeur d

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