Cheney, WA
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    Cheney, WA Quadplexes for Sale

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    Spokane, WA Medical Lake, WA Spangle, WA
    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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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Cheney, WA, we suggest exploring several alternatives:

    Cheney, WA Quadplexes Investment Opportunities Market Analysis

    Explore 1 quadplexes for sale in Cheney, WA on our real estate platform. These investment opportunities span a total of 2,215 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for four-unit buildings in Cheney, WA start at $450,000, averaging $450,000, and reaching up to $450,000 — 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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    Top Commercial Asset Segments

    Duplexes 1
    Quadplexes 1
    Short term rental properties 1

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    99004 $450K

    Taxes & Financing

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

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