Fully rented 8 unit complex comprised of 2 - 4 bedroom units, 6 - 5 bedroom units, 8 storage shed/closets and a 2 car garage. This well maintained complex is perfectly located in the heart of Cheney just a few blocks to grocery stores, parks, schools and EWU.
Prime investment opportunity with this brand-new duplex, ideally located just down the road from Eastern Washington University in Cheney and minutes from surrounding stores and dining! Featuring an attractive contemporary design exterior with hardy siding & a beautiful wood veneer entry accent, this duplex provides ample parking front & back with a 2-car garage for each unit. Each 1,400 sq/ft unit includes 3 bedrooms and 3 baths across two floors. Inside you'll find an open-concept living area with modern finishes. Spacious island kitchen is complete with stainless appliances & elegant quartz counters for durability. The main level includes a half bathroom & laundry. Upstairs bedrooms include the primary suite, which features a walk-in closet and full bath with quartz double vanity & tiled tub/shower. The guest bathroom provides a tiled walk-in shower for convenience. Don't miss this chance to acquire this prime rental, learn more today!
Mixed use building for sale in Cheney, WA. Conveniently located in the heart of Downtown Cheney and only 3 blocks away from Eastern Washington University. 20 minutes from Downtown Spokane and 20 minutes from the Spokane International Airport. Seller is open to owner financing. Top floor: 4 apartment units (3 2bed/1bath units and 1 studio). Main floor: 2 street level retails suites. Bottom floor: 5 private offices and 1 retail suite. Building remodeled in 2013.
Fantastic investment opportunity. Great location just a few blocks from Eastern Washington University. Past uses have been a fraternity and large group housing. Potential for commercial office building. Room for over 10+ parking spaces. The main floor offers a large dining hall and a large common area/meeting hall. The kitchen boasts commercial appliances that include a commercial dishwasher, a commercial gas range and commercial refrigerator. Tons of shelving's and storage room or pantry. There are 4 gas furnaces and 3 water heaters. All of the bedrooms do not have closets. 4 bedrooms on the main floor and one has an exit door that would make for a great office and 9 downstairs. There is a main floor bathroom with 2 urinals, 2 toilets, 3 sinks and walk in shower with 3 heads. The basement bathroom has 2 toilets, 1 walk in shower with 4 heads, 2 sinks and 2 toilets. The laundry room is located in the basement with 2 washer and dryer hook ups.
The median home value in Cheney, WA is $445,000. This is higher than the county median home value of $385,700. The national median home value is $338,100. The average price of homes sold in Cheney, WA is $445,000. Approximately 31.44% of Cheney homes are owned, compared to 61.84% rented, while 6.73% are vacant. Cheney real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cheney real estate agent to arrange a tour today!
Cheney, Washington has a population of 12,743. Cheney is less family-centric than the surrounding county with 26.68% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Cheney, Washington is $42,275. The median household income for the surrounding county is $64,079 compared to the national median of $69,021. The median age of people living in Cheney is 23.4 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 17.6 inches per year, with 42.3 inches of snow per year.