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Cheney, WA Multifamily Homes & Duplexes for Sale

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  • /36

    $349,900

    • 4 Beds
    • 2 Baths
    • 1,638 Sq Ft

    1514 3rd St, Cheney, WA 99004

    Welcome to this charming duplex located in the heart of Cheney. Both units feature two bedrooms, a well-appointed bathroom, and a spacious living room just off a galley style kitchen. The homes boast everything on one level, providing ease of accessibility and minimal stairs. Plenty of closet space throughout the home and an outside shed, perfect for all your storage needs. Explore the vibrant

    Agent Photo

    Jonathan Bich

    Coldwell Banker Tomlinson

    (509) 407-5761

    1514 3rd St, Cheney, WA 99004
  • /28

    $549,999

    • 6 Beds
    • 6 Baths
    • 2,560 Sq Ft

    501 K St Unit 503 K St, Cheney, WA 99004

    Completely remodeled and updated duplex just a block from Eastern Washington University campus. Well maintained and excellent location. With campus on one side and just two blocks from shopping make this a Cheney dream for either owner-occupied income property or easy rental for investor. Units have all been redone top to bottom. Wonderfully rare, each bedroom has a bathroom. Ample parking both

    Jeff Thomas Amplify Real Estate Services

    501 K St Unit 503 K St, Cheney, WA 99004
  • /50

    $525,000

    • 13 Beds
    • 39 Baths
    • 5,292 Sq Ft

    706 2nd St, Cheney, WA 99004

    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

    Benji Estrellado Cheney Realty, Inc.

    706 2nd St, Cheney, WA 99004
  • /44

    $600,000

    • 5,284 Sq Ft

    317 College Ave, Cheney, WA 99004

    Great rental opportunity in the heart of Eastern Washington University! Recently updated. It has 11 official bedrooms: two on the main floor with a connecting 3/4 bathroom, and 9 bedrooms upstairs. There is another half bathroom on the main floor and upstairs has a huge bathroom with four shower stalls, a large vanity with seven sinks, and four toilet stalls. Through the main entrance is a living

    Mark Anderson LPT Realty LLC

    317 College Ave, Cheney, WA 99004
  • /9

    $425,000

    • 12 Beds
    • 10 Baths
    • 3,406 Sq Ft

    201 5th St, Cheney, WA 99004

    The Fifth Street Apartments are a well-located, low-maintenance fourplex with value-add potential. Rents can be increased to market levels with minor cosmetic upgrades, allowing for immediate income growth. Situated in Cheney, WA just 3 blocks from Eastern Washington University, 20 minutes from downtown Spokane, and 20 minutes from the airport, offering convenience for tenants. The property

    Jim Lister Windermere Manito, LLC

    201 5th St, Cheney, WA 99004
  • /14

    $599,900

    • 15 Beds
    • 10 Baths
    • 2,832 Sq Ft

    1239 1st St, Cheney, WA 99004

    This fourplex is a turnkey investment with strong cash flow and excellent equity potential! 2: 2-bed one-bath, 2: 1-bed one-bath units feature spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring. Back lot is zoned commercial, tenants enjoy a massive shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community!

    Misty Woodruff Touchstone Real Estate Group

    1239 1st St, Cheney, WA 99004
  • /22

    $639,950

    • 6 Beds
    • 4 Baths

    916 2nd St, Cheney, WA 99004

    Beautiful new luxury duplex in Cheney! Both sides are rented to great tenants on long term leases. Each unit features 1,573 sq. ft. with 3 bedrooms, 2.5 baths, quartz countertops in the kitchen and baths, custom cabinets, and stainless steel appliances. The primary bedroom includes an en suite bathroom with a walk-in closet and double sinks. Both units come with a 2-car garage and the landscaping

    Seth Maefsky Keller Williams Realty Coeur d

    916 2nd St, Cheney, WA 99004

Why Live in Cheney

Cheney, Washington, located just over 15 miles southwest of Spokane, is a quiet college town known for its rural charm and university-town atmosphere. Home to Eastern Washington University (EWU), Cheney attracts homebuyers seeking more space and a small-town feel while still having access to supermarkets, restaurants, and cultural activities. The town features a mix of historic Craftsman bungalows, midcentury ranch-style homes, and modern subdivisions. The areas near the EWU campus are predominantly rental properties, while contemporary developments are more common further from campus. Cheney's crime rates are comparable to the national average, with property crime rates below the state average. The town's public parks, including the scenic EWU campus, are popular for jogging and walking. The Columbia Plateau State Park Trail, a 130-mile rail trail, passes through Cheney and is a favorite among cyclists, hikers, and runners. The nearby Turnbull Wildlife Refuge offers opportunities to see elk, moose, and migratory birds. Cheney experiences a four-season climate, making it ideal for summer hiking and biking, as well as winter cross-country skiing. The local dining scene is centered along 1st Street, with long-standing eateries like The Mason Jar coffee shop and Farmhouse Cafe. Major shopping trips typically require a visit to Spokane or Airway Heights. Cheney hosts several community events, including the annual Cheney Rodeo and a farmer's market at Veteran's Memorial Park. State route 904 provides easy access to Spokane, Airway Heights, and Spokane International Airport, with regular bus services available for commuters and EWU students.

Home Trends in Cheney, WA

Housing Trends

Median Sale Price
$415,000
Median Single Family Sale Price
$429,000
Median 2 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$269
Number of Homes for Sale
26
Last 12 months Home Sales
100
Months of Supply
3.10
Median List Price
$439,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%
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