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317 College Ave Cheney, WA 99004

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For Sale
$600,000

MULTI_FAMILY - Colonial - Cheney, WA

Property size:
5,284 SF
Lot size:
0.23 Acres
Added:
Feb 13, 2026
Days on Market:
52
Last Refresh:
Apr 6 at 6:06 am

Property Features for 317 College Ave

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking features
Offsite, RV
Interior features
Hot Water, High Speed Internet, Pantry
Basement
Partial, Unfinished
Appliances
Free-Standing Range, Gas Range, Double Oven, Dishwasher, Refrigerator, Disposal, Microwave, Washer, Dryer
Standard status
Active
Size
5,284 SF
Lot size
0.23 Acres

Utilities

Utilities
Cable Available
Heating system
Natural Gas, Hot Water(Heating), Forced Air

Building Details

Year built
1940
Floors in Building
2
Number of units
11
Building materials
Block, Stucco
Roof type
Flat
Architectural style
Colonial

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Listing Contact
Mark Anderson

Listing agent Mark Anderson

Listing office LPT Realty LLC 221 1st Ave St 900, Arlington, WA

Listing date Feb 13, 2026

MLS# 202612171

Copyright © 2026 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Updated Multifamily Near Eastern Washington

This multifamily property is located a few blocks from Eastern Washington University. The property features 11 bedrooms. The upstairs area includes 9 bedrooms and a bathroom with four shower stalls, a large vanity with seven sinks, and four toilet stalls. The main level has two bedrooms with a connecting bathroom and an additional half bathroom. The main entrance leads to a living room that opens to a family room next to the dining area and commercial kitchen. The dining area is spacious and includes ample countertop space, cabinets, a sink, and a dishwasher. A serving window connects the dining area to the adjacent commercial-style kitchen, which features a large pantry and a laundry room behind the dining area. The property was recently updated. The property size is 5284 square feet and the lot size is 0.2296 acres. The property was previously rented for $4000 per month. Renting by the room may provide a greater return on investment. Seller financing is available with 25% down at 7% interest.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial kitchens

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Cheney
County
Spokane
State
Washington
Longitude
-117.5772262
Latitude
47.4890082

FAQs

What type of property is this?
Apartment building - Updated 11-bedroom multifamily property near Eastern Washington University.
Where is this apartment building located?
The property is located at 317 College Ave Cheney, WA.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Prime rental property near Eastern Washington University campus.; **Eleven bedrooms**, including nine upstairs with a large bathroom.; **Commercial‑style kitchen** with pantry and serving window to dining area.
More about this property
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