Cheney, WA Residential Income Properties for Sale

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Spokane, WA Medical Lake, WA Spangle, WA

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

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$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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$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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Based on your search, we've compiled 68 Potential Opportunities for your consideration. Besides 3 Active listings in Cheney, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

$335,000

1,152 SF

Spokane Duplex: Investment Opportunity

Well-located duplex near Spokane offers excellent investment potential.

3103 W 13TH Ct, Spokane, WA 99224

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Remodeled Townhome Near Downtown Spokane

$425,000

1,630 SF

Remodeled Townhome Near Downtown Spokane

Updated 3 bed, 2 bath townhome with modern amenities.

809 W Lincoln Blvd, Spokane, WA 99224

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$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

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$3,699,000

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

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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.

$285,000

19.35 Acres

Spokane Land Near State Park

19.35 acre parcel adjacent to James T Slavin State Park.

18xxx W Paradise Rd, Spokane, WA 99224

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$250,000

5.00 Acres

Spokane Land with Development Potential

5 acre parcel ready for your vision in Spokane, WA.

Indian Village Est, Spokane, WA 99224

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$54,000

0.12 Acres

Spokane Land For Sale

Residential land suitable for building a custom home or duplex.

W 28th Ave, Spokane, WA 99224

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$140,000

1.59 Acres

Waterfront Lot on Latah Creek

1.59 acre waterfront lot in Spokane city limits.

3331 S Inland Empire Way, Spokane, WA 99203

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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

HIGH-RISE APARTMENTS • 4,901 SF

Value Estimation

$2,810,000

1306 3rd St, Cheney, WA 99004-1861

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1320 3rd St

HIGH-RISE APARTMENTS • 4,901 SF

Value Estimation

$2,675,000

1320 3rd St, Cheney, WA 99004-1852

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410 2nd St

APARTMENT HOUSE (5+ UNITS) • 0.11 Acres

Value Estimation

$2,505,000

410 2nd St, Cheney, WA 99004-1604

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511 Clay St

APARTMENT HOUSE (5+ UNITS) • 1,344 SF

Value Estimation

$1,435,000

511 Clay St, Cheney, WA 99004-5091

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840 1st St

MOBILE HOME PARK, TRAILER PARK • 1,130 SF

Value Estimation

$1,480,000

840 1st St, Cheney, WA 99004-9748

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1605 1st St

HIGH-RISE APARTMENTS • 1,512 SF

Value Estimation by Request

1605 1st St, Cheney, WA 99004-1900

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1705 2nd St

HIGH-RISE APARTMENTS • 2,606 SF

Value Estimation by Request

1705 2nd St, Cheney, WA 99004-1909

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107 Blackhawk Ln

APARTMENT HOUSE (5+ UNITS) • 1,644 SF

Value Estimation by Request

107 Blackhawk Ln, Cheney, WA 99004-6005

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103 Blackhawk Ln

APARTMENT HOUSE (5+ UNITS) • 1,644 SF

Value Estimation by Request

103 Blackhawk Ln, Cheney, WA 99004-6005

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91 Blackhawk Ln

APARTMENT HOUSE (5+ UNITS) • 1,644 SF

Value Estimation by Request

91 Blackhawk Ln, Cheney, WA 99004-6052

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97 Blackhawk Ln

APARTMENT HOUSE (5+ UNITS) • 1,644 SF

Value Estimation by Request

97 Blackhawk Ln, Cheney, WA 99004-6052

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109 Blackhawk Ln

APARTMENT HOUSE (5+ UNITS) • 1,644 SF

Value Estimation by Request

109 Blackhawk Ln, Cheney, WA 99004-6005

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111 Blackhawk Ln

APARTMENT HOUSE (5+ UNITS) • 1,644 SF

Value Estimation by Request

111 Blackhawk Ln, Cheney, WA 99004-6005

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