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206-886-3986
Real Estate Company
323 5th St, Cheney, WA 99004
Listing courtesy of SARMLS / Windermere City Group
- $399,400
- 3,008
- SqFt
- List Price
- $399,400
- Status
- ACTIVE
- MLS#
- 202625190
- Subtype
- Residential Income
- Style
- Other
- Year Built
- 1895
- Living Area
- 3,008
- Lot Size
- 7,500
- Acres
- 0.17
- Subdivision
- Cheney
- Neighborhood
- Medical Lake
- MLS Area Major
- West Med Lk Cheney
Property Description
This has the potential to pencil out attractively based on current rents & it's fully occupied! This 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 - just across the grounds to Showalter Hall and 2 minutes to Downtown Cheney restaurants, bars, and shops. Recent Updates include a 2025 roof, exterior paint, new LVP flooring, and interior paint. This is one of the closest multifamily investment properties available near the school, making it ideal for a long-term investment, student housing, 1031 exchange, house hacking, and buyers seeking cash flow and long-term appreciation. This triplex features separately metered units, campus views, mature trees, and off-street parking for each unit. Upstairs unit to be vacant soon, making an excellent opportunity for owner occupancy. Seller Financing would be considered.
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Additional Information
- Amenities
- Laundry, None
- Interior Features
- Pantry, In-Law Floorplan
- Taxes
- $3,815
- Property Description
- Other
- Appliances
- Free-Standing Range, Dishwasher, Refrigerator, Washer, Dryer
- Stories
- 2
- Roof
- Composition
- Garage Spaces
- 1
- School District
- Cheney
- Elementary School
- Betz
- Middle School
- Cheney
- High School
- Cheney
Listings last updated . All information provided is deemed reliable but is not guaranteed and should be independently verified.