Advertise
    Cheney, WA
    Apartment Building

    Cheney, WA Apartment Buildings for Sale

    Notify Me
    List
    Map
    Spokane, WA Medical Lake, WA Spangle, WA Airway Heights, WA Valleyford, WA Edwall, WA Spokane Valley, WA Reardan, WA
    11-Unit Apartment Building
    Updated: Jul 14
    11-Unit Apartment Building

    1115 1st St, Cheney, WA 99004

    $1,000,000
    9,600 sqft 0.19 AC lot
    11 apartments: six 1‑bedroom/1‑bath units and five 2‑bedroom/1‑bath units
    9,600‑square‑foot building on a 0.1908‑acre lot
    Off‑street parking and concrete walkways
    Updated vinyl siding and windows; composition roof
    Built in 1970; COM zoning
    View details
    11-Unit Apartment Building
    Updated: Jul 11
    11-Unit Apartment Building

    1115 1st St, Cheney, WA 99004

    $1,000,000
    9,600 sqft 0.19 AC lot
    11 apartments totaling 9,600 square feet
    Unit mix: six 1‑bedroom/1‑bathroom units and five 2‑bedroom/1‑bathroom units
    0.1908‑acre parcel
    Built in 1970 with brick and vinyl siding and a composition roof
    Interior updates in most apartments; updated windows and vinyl siding
    View details
    11-Unit Apartment Building
    11-Unit Apartment Building

    1115 1st, Cheney, WA 99004

    $1,000,000
    9,600 sqft

    The property offers one- and two-bedroom apartments with off-street parking in Cheney, home to Eastern Washington University.

    View details
    See hot listings in Cheney

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Modern 90-Unit Apartment Building
    Modern 90-Unit Apartment Building

    1026 West 1st Street, Cheney, WA 99004

    Contact for pricing

    Recently constructed apartments offer in-unit laundry, quartz countertops, LVP flooring, and modern HVAC systems.

    View details
    Based on your search, we've compiled 53 Potential Opportunities for your consideration. Besides 4 Active listings in Cheney, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 44 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Brick Apartment Building
    8-Unit Brick Apartment Building

    1722 W 11th Ave, Spokane, WA 99204

    $915,000
    6,819 sqft

    Brick construction and individually controlled radiator heat serve the updated units.

    View details
    Five-Unit Craftsman Apartment Building
    Five-Unit Craftsman Apartment Building

    1621 W 9TH Ave, Spokane, WA 99223

    $495,000
    4,535 sqft 0.16 AC lot

    South Hill property with a detached cottage, tenant storage, and shared laundry facilities.

    View details
    6-Unit Craftsman Apartment Building
    6-Unit Craftsman Apartment Building

    Spokane, WA 99204

    $1,050,000
    6,200 sqft 0.27 AC lot

    All six apartments are occupied, and the building features natural woodwork and wood flooring.

    View details
    Two-Property Multifamily Portfolio
    Two-Property Multifamily Portfolio

    2003 W 10th Ave, Spokane, WA 99204

    $995,000

    For sale portfolio of two well-maintained multifamily properties totaling 10 units with on-site laundry and off-street parking.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multi-Family Zoned Lot Near EWU
    Multi-Family Zoned Lot Near EWU

    7 5th St, Cheney, WA 99004

    $460,000
    0.37 AC lot

    16,000 sq ft multi-family zoned lot near Eastern Washington University.

    View details

    Off-Market Properties in Cheney, WA

    Consider similar Off-Market properties in Cheney, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1306 3rd St
    HIGH-RISE APARTMENTS

    1306 3rd St, Cheney, WA 99004-1861

    Estimated value:
    $2,510,000
    4,901 sqft 0.27 AC lot
    View details
    1320 3rd St
    HIGH-RISE APARTMENTS

    1320 3rd St, Cheney, WA 99004-1852

    Estimated value:
    $2,510,000
    4,901 sqft 0.29 AC lot
    View details
    410 2nd St
    APARTMENT HOUSE (5+ UNITS)

    410 2nd St, Cheney, WA 99004-1604

    Estimated value:
    $2,240,000
    0.11 AC lot
    View details
    511 Clay St
    APARTMENT HOUSE (5+ UNITS)

    511 Clay St, Cheney, WA 99004-5091

    Estimated value:
    $1,380,000
    1,344 sqft 0.68 AC lot
    View details
    1605 1st St
    HIGH-RISE APARTMENTS

    1605 1st St, Cheney, WA 99004-1900

    Estimated value:
    $330,000
    1,512 sqft 0.24 AC lot
    View details
    1705 2nd St
    HIGH-RISE APARTMENTS

    1705 2nd St, Cheney, WA 99004-1909

    Estimated value:
    $270,000
    2,606 sqft 0.24 AC lot
    View details
    107 Blackhawk Ln
    APARTMENT HOUSE (5+ UNITS)

    107 Blackhawk Ln, Cheney, WA 99004-6005

    Estimated value:
    $260,000
    1,644 sqft 0.08 AC lot
    View details
    103 Blackhawk Ln
    APARTMENT HOUSE (5+ UNITS)

    103 Blackhawk Ln, Cheney, WA 99004-6005

    Estimated value:
    $255,000
    1,644 sqft 0.09 AC lot
    View details
    91 Blackhawk Ln
    APARTMENT HOUSE (5+ UNITS)

    91 Blackhawk Ln, Cheney, WA 99004-6052

    Estimated value:
    $255,000
    1,644 sqft 0.09 AC lot
    View details
    97 Blackhawk Ln
    APARTMENT HOUSE (5+ UNITS)

    97 Blackhawk Ln, Cheney, WA 99004-6052

    Estimated value:
    $255,000
    1,644 sqft 0.08 AC lot
    View details
    109 Blackhawk Ln
    APARTMENT HOUSE (5+ UNITS)

    109 Blackhawk Ln, Cheney, WA 99004-6005

    Estimated value:
    $260,000
    1,644 sqft 0.07 AC lot
    View details
    111 Blackhawk Ln
    APARTMENT HOUSE (5+ UNITS)

    111 Blackhawk Ln, Cheney, WA 99004-6005

    Estimated value:
    $255,000
    1,644 sqft 0.10 AC lot
    View details
    85 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    85 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    95 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    95 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    97 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    97 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    87 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    87 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    99 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    99 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    83 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    83 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    93 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    93 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details
    91 Alki Ln
    APARTMENT HOUSE (5+ UNITS)

    91 Alki Ln, Cheney, WA 99004-6004

    Estimated value:
    $265,000
    1,785 sqft 0.05 AC lot
    View details

    Cheney, WA Apartment Buildings Market Trends and Statistics

    Explore 48 apartment buildings for sale in Cheney, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 28,800 square feet of properties for sale, with an estimated market value of $3,000,000.

    Sale prices for apartment complexes in Cheney, WA average $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 22K
    Population Growth (5Y) +10.0%
    Median Household Income $62,014
    College Educated 49.8%

    High-Yield Neighborhoods for Investment

    Identify Cheney submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    99004 $1M

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.07 per SF
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Spokane County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Cheney fall within the 2,500 to 5,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Apartment buildings for Sale Near Cheney, WA

    Popular Searches in Cheney, WA

    Popular Categories

    Most Searched ZIP Codes in Cheney, WA

    • 99004
    Why this one?
    Saved
    Reason not saved — we won't ask again

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!