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Street View
$410,000
Monthly Est:$2,041
7 Beds
- 4 Baths
3,008sqft
323 5th Street, Cheney, WA 99004
$410,000
$2,041/moEst:
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Multi Family
Built in 1895
$-- HOA
7,500 sqft lot
$136/sq.ft
Description
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 ca...
Continue Reading- Houzeo last checked: 20 minutes ago
- Listing updated: August 26, 2026 at 10:16 pm
- Listing Provided by: Nick Briggs | Windermere City Group (509) 323-2323
- Source: Spokane MLS-WA | MLS#: 202611651

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1895
HOA Fees
-
Finished Area
3,008 sqft
Lot Size
7,500 sqft lot
Basement Area
- sqft
MLS Name
Spokane MLS
MLS Number
202611651
MLS Status
Active
Days on Market
226

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Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Interior Features
Pantry, In Law Floorplan
Flooring
Wood
Heating
Electric, Forced Air, Ductless
Appliances
Free Standing Range, Dishwasher, Refrigerator, Washer, Dryer
Window Features
Bay Window(s)
Construction
Year Built
Year Built: 1895
Home type
Multi Family
Roof
Composition
Construction Materials
Stucco
Architectural Style
Other
Utilities & Energy
Basement
Partial, Partially Finished, Rec/family Area, Laundry, Walk Out Access
Parking Features
Detached, Off Site, Alley Access
Association Amenities
Laundry, None
Other Features
Subdivision Name
Cheney
Lot Features
Treed, Level, Corner Lot
Patio And Porch Features
Patio
Price History
| Date | Event | Price |
|---|---|---|
02/02/2026 Source: | Listed for Sale | $410,000 +51.85% $136/sqft |
01/30/2020 Source: | Sold | $270,000 $90/sqft |
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Based on information from the Spokane Association of REALTORS® through Sep 16, 2026, 12:01PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate. ©2026 Spokane Association of REALTORS®. All Rights Reserved.
Advertising Broker: Christy Lee-Naumann | Real Estate by You LLC
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