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    Cheney, WA Multifamily Properties for Sale

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    Updated Multifamily Near Eastern Washington
    $600,000
    5,284 SF

    Updated Multifamily Near Eastern Washington

    317 College Ave, Cheney, WA 99004

    Updated multifamily property near Eastern Washington University with commercial kitchen.

    • Prime location near Eastern Washington University campus, ideal for student rentals.
    • High rental income potential, currently $4000/month with room for increase, or higher ROI renting by the room.
    • Seller financing available with 25% down at 7% interest.
    • Fourteen bedrooms (12 upstairs, 2 on main level) offering significant occupancy potential.
    • Commercial kitchen with double oven, gas range, ample counter space, pantry, and serving window.
    Updated: Feb 13
    View details
    Victorian 4-Plex Near EWU Campus
    $450,000
    2,215 SF

    Victorian 4-Plex Near EWU Campus

    422 4th St, Cheney, WA 99004

    Charming 4-unit rental property near Eastern Washington University.

    • Prime Location: Situated on Greek Row, one block from EWU campus, ideal for students and visitors.
    • Income Potential: A well‑maintained 4‑unit rental property with all units currently occupied, offering immediate rental income.
    • Unique Units: Each unit offers individual character and charm, with some having a history of successful Airbnb rentals.
    • Recent Updates: Features new appliances, fixtures, flooring, fresh paint throughout, and remodeled tiled bathrooms.
    • Low Landlord Expenses: Individual electric meters for each unit, with tenants responsible for electric, sewer, and garbage.
    Updated: Feb 5
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    Cheney Investment Opportunity Near EWU
    $1,575,000

    Cheney Investment Opportunity Near EWU

    Three remodeled duplexes near Eastern Washington University.

    318 W 3rd St, Cheney, WA 99004
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    Cheney Multifamily Property For Sale
    $2,500,000

    Cheney Multifamily Property For Sale

    Multifamily property available for purchase in Cheney, Washington.

    113 N 9th St, Cheney, WA 99004
    View details
    Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 4 Active listings in Cheney, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    South Hill 5-Plex Investment
    $535,000
    4,535 SF

    South Hill 5-Plex Investment

    Well-maintained 5-plex with rental history in Spokane, WA.

    1621 W 9TH Ave, Spokane, WA 99223
    View details
    Spokane Duplex: Investment Opportunity
    $350,000
    1,152 SF

    Spokane Duplex: Investment Opportunity

    Well-located duplex near Spokane offers convenient living and easy rentability.

    3103 W 13TH Ct, Spokane, WA 99224
    View details
    51-Unit Mobile Home & RV Park
    $3,799,900
    2,400 SF

    51-Unit Mobile Home & RV Park

    51-unit mobile home, RV park, and motel on 4.17 acres.

    12525 W Sunset Hwy, Airway Heights, WA 99001
    View details
    Mobile Home, RV Park, Motel
    $3,799,000
    2,400 SF

    Mobile Home, RV Park, Motel

    51-unit mobile home, RV park, and motel on 4.17 acres.

    12525 W Sunset Hwy, Airway Heights, WA 99001
    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.

    Blanchard Land with Entertainer's Delight
    $369,900
    0.11 Acres

    Blanchard Land with Entertainer's Delight

    Oversized corner lot with stainless steel kitchen and coach house.

    101 Par Loop, Blanchard, ID 83804
    View details
    Land Near Little Spokane River
    $115,000
    10.13 Acres

    Land Near Little Spokane River

    10.13 acres near Newport with river views.

    1901 Pines Rd, Newport, WA 99156
    View details
    St. Maries Riverfront Lot
    $115,000
    0.18 Acres

    St. Maries Riverfront Lot

    Level .18 acre lot with utilities in River Pine Estates.

    St Maries, ID 83861
    View details
    St Regis Building Lots
    $100,000
    0.28 Acres

    St Regis Building Lots

    Building lots with utilities available in St Regis, Montana.

    Main Street, St Regis, MT 59866
    View details

    Explore 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

    1306 3rd St

    HIGH-RISE APARTMENTS • 4,901 SF
    Value Estimation
    $2,810,000
    1306 3rd St, Cheney, WA 99004-1861
    View details
    1320 3rd St

    1320 3rd St

    HIGH-RISE APARTMENTS • 4,901 SF
    Value Estimation
    $2,675,000
    1320 3rd St, Cheney, WA 99004-1852
    View details
    410 2nd St

    410 2nd St

    APARTMENT HOUSE (5+ UNITS) • 0.11 Acres
    Value Estimation
    $2,505,000
    410 2nd St, Cheney, WA 99004-1604
    View details
    511 Clay St

    511 Clay St

    APARTMENT HOUSE (5+ UNITS) • 1,344 SF
    Value Estimation
    $1,435,000
    511 Clay St, Cheney, WA 99004-5091
    View details
    840 1st St

    840 1st St

    MOBILE HOME PARK, TRAILER PARK • 1,130 SF
    Value Estimation
    $1,480,000
    840 1st St, Cheney, WA 99004-9748
    View details
    1605 1st St

    1605 1st St

    HIGH-RISE APARTMENTS • 1,512 SF
    Value Estimation by Request
    1605 1st St, Cheney, WA 99004-1900
    View details
    1705 2nd St

    1705 2nd St

    HIGH-RISE APARTMENTS • 2,606 SF
    Value Estimation by Request
    1705 2nd St, Cheney, WA 99004-1909
    View details
    107 Blackhawk Ln

    107 Blackhawk Ln

    APARTMENT HOUSE (5+ UNITS) • 1,644 SF
    Value Estimation by Request
    107 Blackhawk Ln, Cheney, WA 99004-6005
    View details
    103 Blackhawk Ln

    103 Blackhawk Ln

    APARTMENT HOUSE (5+ UNITS) • 1,644 SF
    Value Estimation by Request
    103 Blackhawk Ln, Cheney, WA 99004-6005
    View details
    91 Blackhawk Ln

    91 Blackhawk Ln

    APARTMENT HOUSE (5+ UNITS) • 1,644 SF
    Value Estimation by Request
    91 Blackhawk Ln, Cheney, WA 99004-6052
    View details
    97 Blackhawk Ln

    97 Blackhawk Ln

    APARTMENT HOUSE (5+ UNITS) • 1,644 SF
    Value Estimation by Request
    97 Blackhawk Ln, Cheney, WA 99004-6052
    View details
    109 Blackhawk Ln

    109 Blackhawk Ln

    APARTMENT HOUSE (5+ UNITS) • 1,644 SF
    Value Estimation by Request
    109 Blackhawk Ln, Cheney, WA 99004-6005
    View details
    111 Blackhawk Ln

    111 Blackhawk Ln

    APARTMENT HOUSE (5+ UNITS) • 1,644 SF
    Value Estimation by Request
    111 Blackhawk Ln, Cheney, WA 99004-6005
    View details
    85 Alki Ln

    85 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    85 Alki Ln, Cheney, WA 99004-6004
    View details
    95 Alki Ln

    95 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    95 Alki Ln, Cheney, WA 99004-6004
    View details
    97 Alki Ln

    97 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    97 Alki Ln, Cheney, WA 99004-6004
    View details
    87 Alki Ln

    87 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    87 Alki Ln, Cheney, WA 99004-6004
    View details
    99 Alki Ln

    99 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    99 Alki Ln, Cheney, WA 99004-6004
    View details
    83 Alki Ln

    83 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    83 Alki Ln, Cheney, WA 99004-6004
    View details
    93 Alki Ln

    93 Alki Ln

    APARTMENT HOUSE (5+ UNITS) • 1,785 SF
    Value Estimation by Request
    93 Alki Ln, Cheney, WA 99004-6004
    View details

    Cheney, WA Multifamily Properties Investment Opportunities Market Analysis

    Explore 60 multifamily properties for sale in Cheney, WA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,499 square feet of properties for sale, with an estimated market value of $1,050,000.

    Sale prices for multifamily properties in Cheney, WA start at $450,000, averaging $525,000, and reaching up to $600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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