Triplex

Cheney, WA Triplexes for Sale

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Spokane, WA Medical Lake, WA Spangle, WA Airway Heights, WA Valleyford, WA Edwall, WA Mica, WA Spokane Valley, WA
Three-Unit Residential Income Property
Updated: Jul 20
Three-Unit Residential Income Property

104 3rd St, Cheney, WA 99004

$449,900
2,400 sqft
Cheney tri‑plex with three separate units: a 3‑bedroom home, a lower‑level 2‑bedroom, and a private‑entry studio
Unit 104: 3 bedrooms and 1 full bath with single‑level living plus a wood‑burning fireplace in the living room
Unit 104 updates include new LVP flooring and a kitchen with oak cabinets, dishwasher, electric range, and refrigerator
Unit 106 accessed from a back deck includes two bedrooms, a 3/4 bath, and a lower‑level living room and kitchen
Unit 102 has a private side entrance and features a studio layout with a kitchen and a 3/4 bath
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Well-Maintained Triplex Investment
Updated: Jul 17
Well-Maintained Triplex Investment

17 5TH St, Cheney, WA 99004

$450,000
2,016 sqft
Triplex built in 1994 with 3 total units
Unit mix: one 1‑bedroom/1‑bath and two 3‑bedroom/2‑bath apartments
In‑unit washers and dryers in all units
Off‑site garage with 0 garage spaces reported
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Vacant Rehabbed Triplex with Garage
Vacant Rehabbed Triplex with Garage

3415 S Grand Blvd, Spokane, WA 99203

$775,000
3,174 sqft 0.22 AC lot

Vacant, recently rehabbed three-unit, three-level triplex with oversized bedrooms, new bathrooms, and separate secure entrances.

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Remodeled Triplex With Laundry
Remodeled Triplex With Laundry

Coeur D Alene, ID 83814

$695,000
1,440 sqft 0.16 AC lot

Tri-plex with remodeled interiors, unit laundry, and multiple garages, designed for straightforward residential income use.

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Historic Triplex with Private Balcony
Historic Triplex with Private Balcony

2217 W 5th Ave, Spokane, WA 99224

$489,000
2,098 sqft 0.15 AC lot

Triplex built in 1891 with two main-level units and an upper unit with a private balcony.

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Remodeled Triplex with Garages
Remodeled Triplex with Garages

Coeur D Alene, ID 83814

$695,000
1,440 sqft

Remodeled triplex offers two 2-bedroom units and one 1-bedroom unit, each with in-unit laundry and updated interiors.

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Cheney, WA Triplexes Market Trends and Statistics

Explore 2 triplexes for sale in Cheney, WA on our real estate platform. These investment opportunities span a total of 4,416 square feet of properties for sale, with an estimated market value of $899,900.

Sale prices for three-family homes in Cheney, WA start at $449,900, averaging $449,950, 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

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Triplexes 2
Duplexes 1
Quadplexes 1
Short term rental properties 1

Demographics Overview

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

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)

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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