$1,995,000

308 W 3rd St Unit 305 W 3rd Cheney, WA 99004

Cheney Area

Estimated payment $11,509/month

Total Views 11,651
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Investment Opportunity! This portfolio includes three fully remodeled 4-bedroom, 2.5-bath duplexes plus a triplex at 17-21 5th Street featuring one 1-bedroom/1-bath and two 3-bedroom/2-bath units. All units offer open-concept floor plans, in-unit washers and dryers, and convenient attached garages at the 3rd Street duplexes. Located just minutes from Eastern Washington University, tenants enjoy easy access to shopping, dining, entertainment, and campus life. Combined rental income of $13,970 per month makes this an ideal opportunity for investors seeking stable cash flow in a high-demand area.

Listing Agent

Ryan Towner

LT Real Estate License #24027253 Listed on: 02/06/2026

Co-Listing Agent

Dallas Lightner

LT Real Estate License #26840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Parking

  • 2 Car Attached Garage
  • Alley Access
  • Off-Site Parking

Home Design

  • Duplex
  • Composition Roof
  • Vinyl Siding

Additional Features

  • 13132.4608, 13133.1813, 13133.1807
  • Forced Air Heating System

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 13133.1812

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Year Built: 2016
  • Property Sub-Type: Residential Income
  • PropertyType: Residential Income
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: None
  • Co List Office Mls Id: SAR1400
  • Co List Office Phone: 509-315-8720
  • Co List Office Phone: 509-315-8720
  • MLS Status: Active
  • Reso Structure Type: Duplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Off Site, Alley Access

Utilities

  • Heating: Electric, Forced Air

Lot Info

  • Parcel Number: 13133.1812
  • Additional Parcels Description: 13132.4608, 13133.1813, 13133.1807

Multi Family

  • Number Of Units Total: 9

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $7,673 $688,100 $80,000 $608,100
2025 $7,673 $689,900 $70,000 $619,900
2024 $7,384 $670,800 $75,000 $595,800
2023 $4,039 $483,650 $94,250 $389,400
2022 $4,181 $482,600 $45,000 $437,600
2021 $4,115 $360,300 $21,000 $339,300
2020 $3,951 $324,200 $20,000 $304,200
2019 $331 $28,000 $28,000 $0
2018 $1,436 $107,500 $28,000 $79,500
2017 $1,253 $103,600 $28,000 $75,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/06/2026 02/06/26 For Sale $1,995,000 -- --
Source: Spokane Association of REALTORS®

Source: Spokane Association of REALTORS®

MLS Number: 202611906

Spokane Association of REALTORS®
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