1118 Oakland St Cheney, WA 99004
Multifamily community with value-add potential near Eastern Washington University.
Type:Multifamily
- Added:
- Mar 5, 2026
- Days on Market:
- 27
- Last Refresh:
- Mar 25 at 8:38 pm
Property Features for 1118 Oakland St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Barb Pielli License #41414
Listing office Coldwell Banker Tomlinson (509) 714-5071
Listing date Mar 5, 2026
Source Cbcworldwide
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Tomlinson
Overview
Multifamily Property Near Eastern University
Talsman Apartments, constructed in 1967, is a multifamily community located at 1118 Oakland Street in Cheney, WA, directly adjacent to Eastern Washington University. The property features a mix of one-, two-, and three-bedroom units, many of which include private patios or balconies. An on-site coin-operated laundry facility provides additional income. The property benefits from a proven rental history and consistent demand from students, faculty, and local workforce tenants. Water and garbage are included in the rent. Tenants are responsible for electricity and sewer, which reduces landlord expenses. Buyers have the flexibility to implement their own management strategy and reposition the asset for greater efficiency. Talsman Apartments presents an attractive investment opportunity in the growing Cheney market.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Cheney
- County
- Spokane
- State
- Washington
- Longitude
- -117.586
- Latitude
- 47.4959
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Multifamily community with value-add potential near Eastern Washington University.
Where is this apartment building located?
The property is located at 1118 Oakland St Cheney, WA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location directly adjacent to Eastern Washington University.; Mix of one-, two-, and three‑bedroom units, many with **private patios or balconies**.; Proven rental history with strong, consistent demand.
