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    Cheney, WA
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    Cheney, WA Triplexes for Sale

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    Medical Lake, WA Spokane, WA Spangle, WA Airway Heights, WA Edwall, WA Valleyford, WA Reardan, WA
    Updated Historic Triplex
    Updated: Feb 2
    Updated Historic Triplex

    323 5th St, Cheney, WA 99004

    $410,000
    3,008 sqft 0.17 AC lot
    3,008‑square‑foot registered historic triplex on a 0.1722‑acre corner lot
    Fully occupied property with three separately metered units
    Directly across from Eastern Washington University with campus views
    Recent improvements include a 2025 roof, exterior paint, interior paint, and new LVP flooring
    Built in 1895 and zoned RMF
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    See what stands out in Spokane County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Cheney, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Updated Three-Unit Craftsman
    Updated Three-Unit Craftsman

    3415 S Grand Blvd, Spokane, WA 99203

    $775,000
    3,174 sqft 0.22 AC lot

    Vacant residences offer separate entrances, utility meters, living areas, bedrooms, bathrooms, and utility rooms.

    View details
    Updated Three-Unit Triplex
    Updated Three-Unit Triplex

    3415 S Grand Blvd, Spokane, WA 99203

    $775,000
    3,174 sqft

    Vacant multifamily property with refreshed interiors, private entrances, separate meters, and detached garage space.

    View details
    Historic Triplex with Balcony
    Historic Triplex with Balcony

    2217 W 5th Ave, Spokane, WA 99224

    $470,000
    2,098 sqft 0.15 AC lot

    Renovated three-unit property with off-street parking, basement laundry, and a vacant unit for owner occupancy.

    View details
    Triplex with Updated Windows
    Triplex with Updated Windows

    1112 S ASH St, Spokane, WA 99204

    $449,900
    2,002 sqft 0.06 AC lot

    Fully occupied three-unit property with a two-bedroom residence, two one-bedroom residences, and established tenant occupancy.

    View details

    Cheney, WA Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Cheney, WA on our real estate platform. These investment opportunities span a total of 3,008 square feet of properties for sale, with an estimated market value of $410,000.

    Sale prices for three-family homes in Cheney, WA average $410,000 — 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

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3
    Duplexes 2
    Mobile home & RV parks 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

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

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    99004 $417.5K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Spokane County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Spokane County

    Office

    Residential Income

    Property Size Breakdown

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

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