308 W 3rd St, Cheney, WA 99004
Spokane County
Key Facts
Description
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 Information
Property Type
Residential Income
Structure Type
Duplex
Year Built
2016
Garage Spaces
2
Days on Market
11
MLS® Listing#
202611906
Property Features
Heating
Basement
Parking
Construction
Roof
Financial Details
Parcel Number
13133.1812
Affordability Calculator
$399,000
Estimated monthly payment
$10,618/mo
Principal $1,596,000 · Est. interest $2,226,562 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cheney, WA
- $478,947
- Median Listing Price
- 48
- Median Days on Market
- 1,876
- Median Sq Ft
- $226
- Median Price / Sq Ft
- 133
- Active Listings
- This home’s price is 317% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cheney, WA.
Location
Map is currently unavailable for this location.
Points of Interest in Cheney, WA
Showing the Cheney area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17111 S Graham Rd, Cheney, WA | $1,499,999 | 5 | 3 | 3,868 |
| 308-318 W 3rd St, Cheney, WA | $1,575,000 | — | — | 9,450 |
| 12920 S Andrus Rd, Cheney, WA | $1,589,500 | 4 | 3 | 6,816 |
| 10308 S Ridge Park Ln, Cheney, WA | $1,675,000 | 6 | 4 | 5,514 |
| XXXX Vacant Land, Cheney, WA | $1,679,581 | — | — | — |
| 4611 W Anderson Rd, Cheney, WA | $2,250,000 | 6 | 5 | 3,768 |
Moving Cost Estimate
EXIT Agents in Cheney
Listing Courtesy: LT Real Estate - 5093158720