Welcome to this charming duplex located in the heart of Cheney. Both units feature two bedrooms, a well-appointed bathroom, and a spacious living room just off a galley style kitchen. The homes boast everything on one level, providing ease of accessibility and minimal stairs. Plenty of closet space throughout the home and an outside shed, perfect for all your storage needs. Explore the vibrant locale just minutes away from an array of dining options and groceries. Additionally, the proximity to schools and quality parks makes this property a strategic choice. Whether you're looking to occupy both units or explore rental opportunities, this duplex presents a unique offering in a central location that shouldn’t be missed.
Beautiful new luxury duplex in Cheney! Both sides are rented to great tenants on long term leases, with gross rents totalling $4,425. Each unit features 3 bedrooms, 2.5 baths, and a spacious 1,536 sq. ft. of living space. Many quality features including quartz countertops in the kitchen and baths, custom cabinets with soft-close drawers, and stainless steel appliances. The primary bedroom includes an en suite bathroom with a walk-in closet and double sinks. Both units come with a 2-car garage and the landscaping was designed with low-maintenance in mind. Whether you're an owner occupant looking to rent out one side or an investor seeking high-quality tenants, this is a perfect fit. Conveniently located near Eastern Washington University and minutes from shopping and restaurants. Another identical duplex available for sale next door, creating the opportunity to own 4 high quality rental units.
Investment opportunity meets modern convenience in this centrally located Cheney duplex! Built in 2022, it offers two spacious 3-bedroom, 2.5-bath units designed with functionality and style. Just minutes from Eastern Washington University, downtown Cheney, and essential amenities, it appeals to students, professionals, and community members alike. Both units are currently rented, making this a true turn-key investment with income already in place. Quality finishes include quartz countertops, durable LVP flooring, and open layouts with bright living spaces. Modern construction and low-maintenance materials minimize upkeep while maximizing long-term value. Cheney’s strong rental demand, combined with this property’s location and thoughtful design, make it an outstanding addition to any portfolio. Don’t miss the chance to own a duplex that blends convenience, style, and reliable income in one package.
Fantastic investment opportunity. Great location just a few blocks from Eastern Washington University. Past uses have been a fraternity and large group housing. Potential for commercial office building. Room for over 10+ parking spaces. The main floor offers a large dining hall and a large common area/meeting hall. The kitchen boasts commercial appliances that include a commercial dishwasher, a commercial gas range and commercial refrigerator. Tons of shelving's and storage room or pantry. There are 4 gas furnaces and 3 water heaters. All of the bedrooms do not have closets. 4 bedrooms on the main floor and one has an exit door that would make for a great office and 9 downstairs. There is a main floor bathroom with 2 urinals, 2 toilets, 3 sinks and walk in shower with 3 heads. The basement bathroom has 2 toilets, 1 walk in shower with 4 heads, 2 sinks and 2 toilets. The laundry room is located in the basement with 2 washer and dryer hook ups.
This fourplex is a turnkey investment with strong cash flow and excellent equity potential! 2: 2-bed one-bath, 2: 1-bed one-bath units feature spacious bedrooms, abundant natural light, updated kitchens & bathrooms, and modern flooring. Back lot is zoned commercial, tenants enjoy a massive shared front & back yard, perfect for BBQs and water balloon fights, bringing a true sense of community! Recent 2023 renovations have enhanced the property, with room for further improvements to increase equity and rental income. Shared laundry facilities add convenience, while its prime location on the bus routes ensures easy commuting. This is a fantastic opportunity for investors and owner-occupants, possibly eligible for FHA, 203K FHA, and VA financing, don’t miss out!
Cheney is located in Washington. Cheney, Washington has a population of 12,743. Cheney is less family-centric than the surrounding county with 26.68% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Cheney, Washington is $42,275. The median household income for the surrounding county is $64,079 compared to the national median of $69,021. The median age of people living in Cheney is 23.4 years.
The average high temperature in July is 82.7 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 17.6 inches per year, with 42.3 inches of snow per year.
