CarolynHarbolt

323 5th St, Cheney, WA 99004

$410,000
  • 323 5th St, Cheney, WA 99004 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,008 MLS#202611651
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCheney SCHOOLCheney

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!!

323 5th St | MLS# 202611651

This multi-family property located at 323 5th St, Cheney, WA 99004 is currently listed for sale with an asking price of $410,000. 5th St is located within the Cheney school district. Search Cheney real estate on charbolt.cbspokane.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial, Finished, Rec/Family Area, Laundry, Walk-Out Access
Garage: 1
Lot Size: 0.17 Acres
Roof Type: Composition
Stories: 1.0
Taxes: $4,050
Year Built: 1895

Feature Descriptions

Association Amenities: None
Days on Site: 54
Exterior: Stucco
Heating/Cooling: Natural Gas, Electric, Forced Air, Ductless
Interior: Hot Water, Pantry, In-Law Floorplan
Lot: Treed, Level, Corner Lot
Parcel#: 13132.1005
Parking: Detached, Off Site, Alley Access
Parking Space(s): 3
SQ. FT. Total: 3008

Local Schools

High School: Cheney
Middle School: Cheney
Elementary School: Betz
School District: Cheney

Listed By / Shown By

Listed By

Agency Name: Windermere City Group

Shown By

Agent Name: Carolyn Harbolt
Agent Phone: (509) 991-8900
Agency Title: Coldwell Banker Tomlinson

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Estimated Payment

$ 1,369.57 per month $912.48 Principal & Interest $337.50 Property Tax $119.58 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/28/2026. The listing information on this page last changed on 03/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/28/2026 2:20:44 PM EST) or Coeur dAlene MLS (last updated Sat 03/28/2026 2:17:30 PM EST) or Spokane MLS (last updated Sat 03/28/2026 2:14:11 PM EST). Real estate listings held by brokerage firms other than Coldwell Banker Tomlinson may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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