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323 5th St, Cheney
$399,400
202625190 MLS
This has the potential to pencil out attractively based on current rents & it's fully occupied! This PRIME income-producing property DIRECTLY across from Eastern Washington University in Cheney, WA! This rare triplex for sale near EWU sits on a corner lot just steps from campus - just across the grounds to Showalter Hall and 2 minutes to Downtown Cheney restaurants, bars, and shops. Recent Updates include a 2025 roof, exterior paint, new LVP flooring, and interior paint. This is one of the closest multifamily investment properties available near the school, making it ideal for a long-term investment, student housing, 1031 exchange, house hacking, and buyers seeking cash flow and long-term appreciation. This triplex features separately metered units, campus views, mature trees, and off-street parking for each unit. Upstairs unit to be vacant soon, making an excellent opportunity for owner occupancy. Seller Financing would be considered.

323 5th St, Cheney

405 Dubois St, Cheney
$385,000
3 Beds ⋅ 2 Baths ⋅ 202623963 MLS
Welcome to this spacious single-level home in Cheney with an unfinished basement! Offering 3 bedrooms, 2 bathrooms, and 2,984 sq ft, this home has recent updates, including new flooring, fresh interior paint, a camera system and a new roof in 2025. The main level features an inviting living room with large windows and a brick fireplace that flows seamlessly into the dining area. The kitchen offers plenty of space, along with a convenient pantry. The primary suite features a large closet and an en-suite bathroom with dual sinks & walk-in shower. Downstairs, 1,288 sq ft of unfinished basement space offers endless possibilities for additional living space, bedrooms, storage, or whatever you envision. Outside, enjoy a large corner lot with a fenced yard, mature trees, garden boxes, and an open paver patio, perfect for relaxing or entertaining. With a great layout, recent updates, generous basement space, and a spacious corner lot, this Cheney home is ready for its next chapter!

405 Dubois St, Cheney

603 Marcella Ave, Cheney
$399,900
3 Beds ⋅ 2 Baths ⋅ 202623577 MLS
Welcome home to this beautifully maintained, 1-story rancher within the Golden Hills neighborhood heart of Cheney! Minutes away from bus routes, schools, dog park, shopping, and restaurants. This home features low-maintenance living, true main-level utilities with little-to-no steps—perfect for anyone seeking easy accessibility without sacrificing space. Step inside to enjoy sloped, vaulted ceilings that elevate the main living space. You'll love the peace of mind that comes with a fresh coat of exterior paint, central air conditioning for hot summer days and an efficient gas furnace to keep cozy warm when the snow falls. Extra highlighted features include: sunroom, fully-fenced backyard, gas-heated garage, sprinkler system, gas fireplace, and two sheds outback. Newer induction oven and dishwasher. All appliances stay! Don't miss this opportunity to own this total package of comfort, convenience, and care while enjoying small-town charm with easy access to Spokane & Eastern WA University.

603 Marcella Ave, Cheney

8115 S Avery Rd, Cheney
$399,990
3 Beds ⋅ 2 Baths ⋅ 202621746 MLS
Tucked away with privacy, peaceful views, and no rear neighbors, this thoughtfully designed rancher offers the perfect blend of comfort and functionality. The open-concept main living space is built for connection, with a kitchen that overlooks the great room, making entertaining effortless. Enjoy quartz countertops and backsplash, stainless steel appliances including a 5-burner gas range, microwave, and dishwasher, plus durable Mohawk flooring throughout the main living areas, bathrooms, and laundry spaces. The spacious primary suite is privately positioned at the rear of the home and features an en suite bath and walk-in closet, while guest bedrooms are thoughtfully placed at the front with a shared bath. Additional upgrades include a water softener, tankless water heater, ADT security system, radon mitigation system, and a 3-car garage. Relax and unwind in the private backyard while taking in the views. HOA covers water, sewer, pump house maintenance/upkeep, mailboxes and snow removal.

8115 S Avery Rd, Cheney

14615 W Lance Hill Rd, Cheney
$389,900
3 Beds ⋅ 2 Baths ⋅ 202621704 MLS
Welcome to peaceful country living with this double-wide manufactured home set on 7.4 acres. Offering 1,782 Square feet, this inviting property features three spacious bedrooms and two bathrooms, designed for comfort and functionality. Step inside to find newly installed luxury vinyl plank flooring throughout, creating a warm, modern feel that compliments the surrounding natural beauty. Large windows invite in abundant light and showcase sweeping territorial views, making every season enjoyable from the comfort of home. Outside, the property truly shines with space to roam, garden, or simply relax and take in the scenery. A substantial 24 x 36 three-car garage shop provides ample room for vehicles, hobbies, or storage, while additional outbuildings offer flexibility for animals, equipment, or creative use. Whether you're seeking a quiet retreat, room to grow, or a place to embrace the outdoors, this property delivers the perfect blend of rural charm and small-college town appeal.

14615 W Lance Hill Rd, Cheney

1702 5th St, Cheney
$375,000
3 Beds ⋅ 2 Baths ⋅ 202621294 MLS
Lender credit 1% towards closing costs and rate buy down available! Welcome to this thoughtfully designed, one-of-a-kind new construction home with no HOA and no CC&R's in the heart of Cheney! Ideally located just minutes from parks, schools, shopping, and everyday amenities, this 3-bedroom, 2-bath home offers the perfect blend of style, comfort, and convenience. Inside, you'll find a bright, functional layout with quality finishes throughout. Enjoy year-round comfort with a high-efficiency heating and cooling system. The 2-car insulated garage provides ample space for vehicles, storage, or a workshop, while dedicated RV/boat parking offers additional convenience. Outside, the landscaped front and backyard feature a full sprinkler system, making maintenance easy while providing beautiful curb appeal. This exceptional home is ready for you to move in and enjoy! Builder will fence the backyard with the right offer.

1702 5th St, Cheney

7912 S Strawberry St, Cheney
$365,000
3 Beds ⋅ 2 Baths ⋅ 202619884 MLS
Charming Rancher on a quarter acre in West Terrace only a short walk from The Plains Golf Course! Featuring an open, flowing floor plan. Enjoy a large living room, formal dining area, and a bright kitchen with a breakfast nook that opens to a cozy family room with a fireplace. The thoughtful split-bedroom layout offers a private primary suite with a soaking tub, separate shower, dual sinks, and two closets, while two additional bedrooms and a full bath are situated on the opposite side for added privacy. Step outside to a lovely covered patio overlooking the fully fenced backyard - perfect for relaxing or entertaining. The home also boasts an oversized three car garage and generous walk-in closets in every bedroom. Recent updates include newer stainless appliances and natural wood frame dual pane custom Anderson windows throughout

7912 S Strawberry St, Cheney

0 W Curtis Rd, Cheney
$350,000
202619356 MLS
This property offers a compelling future development opportunity within a growing rural market. Featuring a natural landscape with mature trees and open areas that provide both privacy and flexibility for future planning. Its size and location make it well-positioned for potential residential or recreational development. Highlights Zoning: RCV – Rural Conservation zoning with permitted single-family and duplex residential uses, along with potential rural cluster development opportunities subject to limited use approval Access: Excellent accessibility with Curtis Road frontage on both sides of the parcel, providing multiple points of access throughout the property Topography: Natural terrain with a mix of varying landscape, mature trees, and open areas Proximity: Conveniently located with access to surrounding residential growth areas while maintaining a private rural setting

0 W Curtis Rd, Cheney

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