Multi Family homes for sale & real estate in Cheney, WA

Multi Family Home for sale in Cheney, WA:

Investor/House Hack Opportunity! Mostly finished triplex in the heart of Spokane's south hill neighborhood. A Prime location. Just blocks/walk to shopping and dining. This multifamily, 3 unit 3 level, historic home needs some exterior work to be beautiful again. The oversized lot has room for addition of an ADU or subdivide a small parcel. Large garage next to a filled in pool make for room to expand the bedroom and bathroom count in the backyard. All three units are large and fresh. Oversize bedrooms, new bathrooms, separate living areas and utilitIy room. All have their all their own separate and secure entrances. Ample room for parking multiple vehicles.

Multi Family Home for sale in Cheney, WA:

Prime mixed-use property in Spokane’s sought-after South Hill neighborhood. The building features 1,015 sqft retail space with a coffee tenant in place with five years left on the lease and twenty-nine apartments above. Located in an Opportunity Zone, the property offers valuable tax benefits and strong income potential. The unit mix includes eighteen one-bedroom and eleven two-bedroom apartments, all with spacious layouts and quality finishes. Rent upside of 10%-20% provides additional growth potential. A solid investment opportunity in a high-demand location close to downtown, shopping, and dining.

Multi Family Home for sale in Cheney, WA:

Part of the Cannon Streetcar Suburb Historic District, this 1910 Craftsman was permitted from residence to apartments in conjunction with the Federal Government to provide housing for troops returning from WWII.   A piece of Spokane history, this multi-family home sits proudly on an oversized corner lot, retaining its vintage charm with original wood-framed windows, built-ins, and hardwood floors throughout. The tuck-under garage and a detached two-car garage with alley access is ideal for storage, parking, or potential added utility. Not only is this an unbeatable location near parks, bluff trails, South Hill and Downtown amenities - the unit count creates an investment opportunity fo

Multi Family Home for sale in Cheney, WA:

PRICE JUST REDUCED. INVESTORS: DUPLEX NEAR HOSPITALS AND PERRY DISTRICT. Start with or add this cash flowing rental property to your portfolio. Both units are 1BR/1BA with 525 sqft (1,050 sqft total). Both in good condition. Almost 100% occupied since Dec 2021. Solid tenants. Rents are currently $1,045 & $1,020 per month. Tenants pay Water/Sewer/Garbage. Gross Annual Income $24,780.

Multi Family Home for sale in Cheney, WA:

Welcome to 1608 E Hartson Ave, an exceptional investment opportunity in Spokane's sought-after Perry District. This modern 4-Plex with spacious 2 bedroom/1 bath units was built in 2018 and showcases upscale finishes including granite counter tops, luxury vinyl plank flooring and solid core doors. Each unit features efficient mini-split heating and cooling, reducing utility costs and ensuring year-round comfort. This prime location in near top-rated schools, public transit and neighborhood shopping which enhances rents. Opportunity Zone incentive reduces annual property taxes by up to 75% through 2031. Purchase includes 12-month multifamily Buyer Coverage with Home Warranty for each of the 4

Multi Family Home for sale in Cheney, WA:

Welcome to Your Next Investment Opportunity! Don’t miss this exceptional duplex located in the rapidly growing community of Airway Heights—an area experiencing steady appreciation with even more development on the horizon. Major employers such as Spokane International Airport, Fairchild Air Force Base, Amazon, and others continue to drive strong demand, making this one of the most desirable regions for real estate investment. Unit 12218 W 10th is currently rented at $1,650/month and features fresh paint, new carpet, and luxury vinyl plank (LVP) flooring—making it both move-in ready and low-maintenance. Unit 12220 W 10th is rented at $1,750/month and has been similarly upda