Cheney multifamily for sale

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621 3rd St, Cheney · estimated

$975K~7.2%cap rate

9 units · built 1964

Listed by Brad Foien · Cheney Realty, Inc.MLS# 202618657 · Active · 126 days on market

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323 5th St, Cheney

$399K~6.6%cap rate

3 units · built 1895

Listed by Nick Briggs · Windermere City GroupMLS# 202625190 · Active · New — 7 days

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1717 2nd St, Cheney · estimated

$550K~6.4%cap rate

4 units · built 1979

Listed by Jonathan Bich · Coldwell Banker TomlinsonMLS# 202623869 · Active · 31 days on market

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1115 1st St, Cheney · estimated

$1M~5.6%cap rate

11 units · built 1970

Listed by Nicole Page · Keller Williams Spokane - MainMLS# 202620814 · Active · Price cut $200,000

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501 K St, Cheney · estimated

$530K~5.3%cap rate

2 units · built 2016

Listed by Jeff Thomas · Amplify Real Estate ServicesMLS# 202621532 · Active · 76 days on market

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104 3rd St, Cheney · estimated

$425K~5.3%cap rate

3 units · built 1968

Listed by Jonathan Bich · Coldwell Banker TomlinsonMLS# 202621221 · Active · Price cut $24,900

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916 2nd St, Cheney · estimated

$625K~5.3%cap rate

2 units · built 2024

Listed by Seth Maefsky · Keller Williams Realty Coeur dMLS# 202616302 · Active · 162 days on market

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314 W 3rd St, Cheney · estimated

$550K~4.7%cap rate

2 units · built 2016

Listed by Ryan Towner · LT Real EstateMLS# 202623334 · Active · 41 days on market

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1521 4th St, Cheney · estimated

$295K~4.7%cap rate

2 units · built 1970

Listed by Chelsea McFarland · Prime Real Estate GroupMLS# 202614451 · Active · Price cut $30,000

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5 2nd St, Cheney · estimated

$675K~4.3%cap rate

4 units · built 1999

Listed by Cambria Henry · Haven Real Estate GroupMLS# 202613422 · Active · Price cut $25,000

Cap rate, cash flow and cash-on-cash are Beal Estate NW’s own analysis, not MLS data — they follow the financing assumptions shown on this page, and they are not a valuation of the property and not investment advice. Talk to your lender, your accountant and your own advisers before you rely on any of it. Listings courtesy of Spokane REALTORS® as distributed by MLS Grid. Based on information submitted to the MLS GRID as of 10/7/2026, 6:15:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of the data on this site is prohibited. Deemed reliable but not guaranteed accurate by MLS Grid. Verify everything before you write an offer. 2 on-market listings are not shown here because the seller or the listing broker withheld internet display. This site shows multifamily listings only; some IDX listings have been excluded from this website. Returns are computed at our standard assumptions and are the same figures Beal Estate NW works from; sign up free to put your own numbers in. The market in five numbers · Free Deal Sheet
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