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501-503 K St

Cheney, WA 99004

6 bd 6 ba 2,560 sqft Built 2016 Lot 6,661 sqft multi_family
Most recent sale
$520,000
Apr 5, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 11, 2025 Listed $549,999 SpokaneREALTORS
Jul 16, 2025 Listed $549,999 SpokaneREALTORS
Apr 17, 2025 Price changed $549,999 SpokaneREALTORS
Apr 4, 2025 Price changed $569,999 SpokaneREALTORS
Mar 10, 2025 Listed $575,000 SpokaneREALTORS
Apr 5, 2024 Sold $520,000 SpokaneREALTORS
Feb 21, 2024 Listed $524,999 SpokaneREALTORS
Feb 21, 2024 Listing removed $524,999 SpokaneREALTORS
Jan 9, 2024 Listing removed RentlinxUnits
Jan 3, 2024 Listed $524,999 SpokaneREALTORS
Jan 1, 2024 Listing removed $539,999 SpokaneREALTORS
Oct 14, 2023 Price changed $539,999 SpokaneREALTORS
Oct 4, 2023 Price changed (rent) $1,950 RentlinxUnits
Aug 31, 2023 Listed for rent $2,100 RentlinxUnits
Aug 17, 2023 Listed $589,999 SpokaneREALTORS
Jul 31, 2020 Sold $325,000 SpokaneREALTORS
Jun 19, 2020 Listed $339,500 SpokaneREALTORS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $387,200 $75,000 $462,200 $5,293
2025 $387,200 $75,000 $462,200 $5,091
2024 $346,900 $45,000 $391,900 $3,383
2023 $282,100 $23,000 $305,100 $3,282
2022 $254,600 $21,000 $275,600 $3,379
2021 $230,500 $20,000 $250,500 $3,150
2020 $217,300 $20,000 $237,300 $3,055
2019 $144,100 $20,000 $164,100 $2,752
2018 $20,000 $20,000 $2,187
2017 $20,000 $20,000 $247
2016 $20,000 $20,000 $256
2015 $20,000 $20,000 $252
2014 $20,000 $20,000 $248
2013 $20,000 $20,000 $249
2012 $20,000 $20,000 $239
2011 $20,000 $20,000 $239

Property facts

Year built
2016
Property type
multi_family
Stories
2
Beds
6
Baths
6
Living area
2,560 sqft
Lot size
6,661 sqft
ZIP code
99004
City
Cheney
Street
K St
Coordinates
47.48491, -117.58444

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,888
Gross rental yield
13.59%
Implied cap rate
8.83%
Trend-extrapolated value

Frequently asked questions

When did 501-503 K St last sell?
501-503 K St most recently sold on Apr 5, 2024 for $520,000.
What is the current tax assessment for 501-503 K St?
The most recent total assessment for 501-503 K St (year 2026) is $462,200 with $5,293 in property tax.
How does 501-503 K St's assessment compare to its last sale price?
The current assessment is 11.1% below the last sale price of $520,000.
When was 501-503 K St built?
501-503 K St was built in 2016.
How does 501-503 K St compare to others on K St?
We track 5 other properties on K St. Browse the list under "Other properties on K St" to compare beds, baths, and sale history.
What are the property facts for 501-503 K St?
501-503 K St is a 6 bed, 6 bath, 2,560 sqft, 6,661 sqft lot multi_family.
Is 501-503 K St a flip candidate?
No — 501-503 K St does not appear in our flips dataset.
Is 501-503 K St a tax-appeal candidate?
No — 501-503 K St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.0%
2026 Q3
$401.4K
2026 Q4
$398.3K
ZIP 99004 — Median Price History + Forecast

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