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Cheney Multifamily 1 Multifamily Properties Offered at $2,705,419 CAD in Cheney, WA
Investment Highlights
- 4 Multifamily Properties
- Recently Updated Units
- Great Locations Near Eastern Washington University
- In Unit Washer and Dryer In All Units
Executive Summary
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.
Property Facts
| Price | $2,705,419 CAD | Number of Properties | 2 |
| Price / SF | $216.88 CAD / SF | Individually For Sale | 1 |
| Cap Rate | 5.94% | Total Building Size | 12,474 SF |
| Sale Type | Investment | Total Land Area | 0.15 AC |
| Status | Active |
| Price | $2,705,419 CAD |
| Price / SF | $216.88 CAD / SF |
| Cap Rate | 5.94% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 1 |
| Total Building Size | 12,474 SF |
| Total Land Area | 0.15 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 308-318 W 3rd St, Cheney, WA 99004 | Multifamily | 12,474 SF | 2016 | $2,135,857 CAD |
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Cheney Multifamily
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