PRIME income-producing property DIRECTLY across from Eastern Washington University in Cheney, WA! This rare triplex for sale near EWU sits on a corner lot just steps from campus - 1 minute walk to Showalter Hall and 2 minutes to Downtown Cheney restaurants, bars, and shops. One of the closest multifamily investment properties currently available to Eastern Washington University, ideal for student housing, college rental, off-campus housing, buy-and-hold investors, or 1031 exchange buyers seeking cash flow and long-term appreciation. This registered historic triplex features separately metered units, campus views, mature trees, covered porches, and off-street parking for each unit. New 2025 roof, exterior paint, and LVP flooring in 2020. Rare Cheney WA multifamily in a high-demand EWU rental market in Spokane County. Home Warranty Provided!!
Listed By
Agency Name: Windermere City Group
Shown By
Agency Title: Coldwell Banker Tomlinson
Agency Phone: (509) 467-7400
Estimated Payment
$ 1,369.57 per month $912.48 Principal & Interest $337.50 Property Tax $119.58 Homeowner's Insurance
323 5th St | MLS# 202611651
This multi-family property located at 323 5th St, Cheney, WA 99004 is currently listed for sale with an asking price of $410,000. 5th St is located within the Cheney school district. Search Cheney real estate on www.cbspokane.com today.