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Student Housing Triplex in Cheney, WA

323 5th St, Cheney, WA 99004, USA

Active

$410,000

Property Description

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 - 1 minute walk to Showalter Hall and 2 minutes to Downtown Cheney restaurants, bars, and shops. One of the closest multifamily investment properties currently available to Eastern Washington University, ideal for student housing, college rental, off-campus housing, buy-and-hold investors, or 1031 exchange buyers seeking cash flow and long-term appreciation. This registered historic triplex features separately metered units, campus views, mature trees, covered porches, and off-street parking for each unit. New 2025 roof, exterior paint, and LVP flooring in 2020. Rare Cheney WA multifamily in a high-demand EWU rental market in Spokane County. Home Warranty Provided!!

Contact Agent

Nick Briggs

(509) 979-0553

Property Details

Property Type

Multi-Family

Bedrooms

6

Bathrooms

4

Size

3008

Floors

Year Built

1895

Property Location

323 5th St, Cheney, WA 99004, USA

Nick Briggs Realty logo, Spokane Real Estate Agent and Spokane Realtor serving Spokane Real Estate clients

Windermere Real Estate/City Group, LLC Spokane-City Group
1237 W Summit Parkway, Suite B

Spokane, WA 99201

(509) 979-0553

Spokane, WA, USA

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