Multifamily Property with
For Sale
Contact for pricing
305 College Ave, Cheney, WA 99004
Established fraternity residence near EWU and downtown Cheney with recent building-system and interior improvements.
Property SizeContact for details
Days on Market145
Property Features for 305 College Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1991
Buildings
1
Listing Agency:
Brumback Commercial Real Estate
Listed By:
Nicholas Brumback · License #WA 27154
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 3:41AM
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 Brumback Commercial Real Estate
Investment Insights
Based on property information with market context.
Located at 305 College Ave in Cheney, this multifamily property has operated as a fraternity residence since its construction in 1991. The building is currently occupied by fraternity tenants under month-to-month leases and includes a sizable rear parking lot.
A partial renovation completed in 2019 addressed exterior and interior finishes, HVAC and life-safety systems, electrical devices, LED lighting, flooring, bathrooms, millwork, hardware, and related details. The property is positioned two blocks from the southern end of the EWU campus and two blocks from downtown Cheney along Greek Row.
Avista Utilities provides electric and gas service, while the City of Cheney supplies water and sewer. Davis Communication provides communications service. The existing configuration supports continued Greek housing use or conversion to private student housing, as described in the property information.
A partial renovation completed in 2019 addressed exterior and interior finishes, HVAC and life-safety systems, electrical devices, LED lighting, flooring, bathrooms, millwork, hardware, and related details. The property is positioned two blocks from the southern end of the EWU campus and two blocks from downtown Cheney along Greek Row.
Avista Utilities provides electric and gas service, while the City of Cheney supplies water and sewer. Davis Communication provides communications service. The existing configuration supports continued Greek housing use or conversion to private student housing, as described in the property information.
Key Highlights
- Multifamily property constructed in 1991 and operated as a fraternity residence since completion
- Partial renovation completed in 2019, including HVAC, life‑safety, lighting, flooring, bathrooms, and interior finishes
- Two blocks from the southern end of the EWU campus
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Explore this area
Business Placement
Demographics for 99004, WA
23,064
Population
8,992
Households
2.6
Avg Household Size
29
Median Age
36%
College-Educated
93%
High-School Grad
334.3 sq mi
ZIP Area
69
Density / Sq Mi
$62,014
Median Household Income
$29,835
Median Earnings
$1,081
Median Rent
$368,500
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Established fraternity residence near EWU and downtown Cheney with recent building-system and interior improvements.
Where is this multifamily property located?
The property is located at 305 College Ave Cheney, WA.
What are key features of this property?
This property features: Multifamily property constructed in 1991 and operated as a fraternity residence since completion; Partial renovation completed in 2019, including HVAC, life‑safety, lighting, flooring, bathrooms, and interior finishes; Two blocks from the southern end of the EWU campus
