308 - 318W 3rd St
Cheney WA 99004
308 - 318 W 3rd Street & 17 - 21 5th Street
308 - 318W 3rd St Cheney WA 99004
Listing #: 708387 | Status: Available | Last Modified: 3/26/2026 |
For Sale
Ryan Towner
- Phone:(509) 315-8714
- Email:ryan@ltrealestateco.com
- Office Name:LT Real Estate
- Office Phone:(509) 315-8720
- Office Website:
Dallas Lightner
- Agent Phone:(509) 315-8720
- Agent Email:dallas@ltrealestateco.com
Showing Instructions
- Call Listing AgentNo
- Use DiscretionNo
Price Information
- Listing Price$ 1,575,000.0
- $/SF$ 166.7
- $/Unit$ 1,575,000.0
- Listing StatusAvailable
- Days on Market83
- Asset ClassMulti-Family
- Terms
Investment Information
- Investment Type
- Investment PropYes
- Gross Income10,595
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income10,595
- CAP Rate 5.45 %
Detail Listing Information
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
Utilities
- Water
- Electricity
- Storm Sewer
Retail Information
- SignageSignage on Building and Freestanding
- Anchor
Financial Summary
- CAP Rate 5.45 %
Building Information
- Building StatusExisting
- # of Buildings3
- # of Floors2
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF9450
- Net Rentable Area9450
- Total Office SF
- Largest Contiguous SF
- Lot SF24454
- Acres0.56
Property Type
- Property TypeMulti-Family
- Office Type
- Building Class
Location
- CountySpokane
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaCheney
- Tax ID #13133.1812
- Additional Parcels13132.4608, 13133.1807, 13133.1813
- ZoningResidential
Construction
- Year Built2016
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Cheney Duplexes
Public Comments
Investor opportunity, ideally located in the heart of Cheney near Eastern Washington University. Three fully remodeled 4-bedroom, 2.5-bath duplexes offers open-concept floor plans filled with natural light. Each unit features an attached garage, private driveways, air conditioning, and in-unit washer and dryer.
Listing Images
