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$425,000
202621221 MLS
Excellent investment opportunity or owner-occupancy with rental income with this Cheney Tri-plex. Unit 104 features 3 bedrooms, a full bathroom, and convenient single-level living. The bright living room welcomes abundant natural light and centers around a cozy wood-burning fireplace. New LVP flooring flows through the hallway to a functional kitchen complete with oak cabinets, an informal dining area, dishwasher, electric range, and refrigerator. Unit 106 is accessed from the back deck, where stairs lead to a comfortable lower-level apartment featuring two spacious bedrooms, a 3/4 bathroom, a cozy but functional kitchen, and a welcoming living room that ties the space together. Unit 102 has its own private entrance from the side of the home and offers a studio layout with a comfortable living area, spacious kitchen, and a tucked-away 3/4 bathroom. This income-producing property offers flexibility, strong rental appeal, and long-term investment potential.

104 3rd St, Cheney

$624,950
202616302 MLS
Beautiful newer luxury duplex in Cheney! Both sides are rented to great tenants on long term leases, with gross rents totaling $4,420. Each unit features 3 bedrooms, 2.5 baths, and a spacious 1,536 sq. ft. of living space. Many quality features including quartz countertops in the kitchen and baths, custom cabinets with soft-close drawers, and stainless steel appliances. The primary bedroom includes an en suite bathroom with a walk-in closet and double sinks. Both units come with a 2-car garage and the landscaping was designed with low-maintenance in mind. Whether you're an owner occupant looking to rent out one side or an investor seeking high-quality tenants, this is a perfect fit. Conveniently located near Eastern Washington University and a few blocks from shopping and restaurants.

916 2nd St, Cheney

$410,000
202611651 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 new 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 registered historic triplex features separately metered units, campus views, mature trees, and off-street parking for each unit. Gross monthly rental income is $3,250/Mo (Unit 323: $1500, Unit 325: $900, Unit 321: $850/Mo) Seller Financing would be considered

323 5th St, Cheney

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