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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)

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)

323 5th St, Cheney

Spacious 4-Bedroom Home with Large Fenced Yard in Prime Cheney Location! Welcome to this beautifully maintained 4-bedroom, 3-bathroom home offering over 2,000 square feet of comfortable living space in the heart of Cheney, WA. This home combines convenience, space, and functionality—ideal for families, entertaining, or simply spreading out and enjoying everyday life. Step inside to discover a bright and open layout with generous room sizes spread out on three floors. The kitchen flows into a cozy dining area and living room, making gatherings easy and enjoyable. The primary suite features an en-suite bathroom and ample closet space, while three additional bedrooms provide plenty of room for family, guests, or a home office. Outside, you'll love the large fenced backyard. The oversized 2-car garage offers extra storage. All new carpet installed Feb 2026. Close to EWU, Fairchild, Spokane International Airport and Downtown Spokane.

4 Beds ⋅ 3 Baths ⋅ 202515654 MLS

Spacious 4-Bedroom Home with Large Fenced Yard in Prime Cheney Location! Welcome to this beautifully maintained 4-bedroom, 3-bathroom home offering over 2,000 square feet of comfortable living space in the heart of Cheney, WA. This home combines convenience, space, and functionality—ideal for families, entertaining, or simply spreading out and enjoying everyday life. Step inside to discover a bright and open layout with generous room sizes spread out on three floors. The kitchen flows into a cozy dining area and living room, making gatherings easy and enjoyable. The primary suite features an en-suite bathroom and ample closet space, while three additional bedrooms provide plenty of room for family, guests, or a home office. Outside, you'll love the large fenced backyard. The oversized 2-car garage offers extra storage. All new carpet installed Feb 2026. Close to EWU, Fairchild, Spokane International Airport and Downtown Spokane.

2620 Eton Ln, Cheney

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