Prepared by https://www.commercialmls.com
308 - 318W 3rd St Cheney WA 99004
Listing #: 708387 | Status: Available | Last Modified: 3/26/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 10,595 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 10,595 |
| CAP Rate | 5.45 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.450 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 3 |
| # of Floors | 2 |
| # of Units | 6 |
| Total Building SF | 9,450 SF |
| Net Rentable Area | 9,450 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 24,454 SF |
| Acres | 0.56 |
| Year Built | 2016 |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Location | |
|---|---|
| County | Spokane |
| Market Area | Cheney |
| Tax ID # | 13133.1812 |
| Zoning | Residential |
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.
308 - 318 W 3rd Street & 17 - 21 5th Street
308 - 318W 3rd St Cheney WA 99004
Listing #: 708387 | Status: Available | Listing Date: 2/9/2026 | Last Modified: 3/26/2026 | Email Listing






















































