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Kathy Ray

kathymray51@gmail.com +1(509) 290-8433

Listed by Dallas Lightner • LT Real Estate

$ 1,250,000

Est. payment | -/mo

4,200 SqFt

Save

$ 1,250,000

Est. payment | -/mo

Save

4,200 SqFt

Key Details

Property Type Multi-Family

Sub Type Residential Income

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $297

MLS Listing ID 202625848

Year Built 1958

Lot Size 0.270 Acres

Lot Dimensions 0.27

Property Sub-Type Residential Income

Property Description

Located on an oversized 0.27-acre corner lot, this multifamily investment property features 10 one-bedroom, one-bathroom units, each approximately 600 square feet. The property offers on-site laundry facilities and off-street parking, providing added convenience for residents. Ideally situated directly across from Eastern Washington University (EWU), the property is also near public transportation, with grocery stores, restaurants, shopping, and medical services all within one mile. New roof in 2026. With an effective gross income of $9,080.50 per month, this property presents an attractive investment opportunity in a convenient location.

Location

State WA

County Spokane

Rooms

Basement None

Interior

Heating Electric

Cooling Window Unit(s), Wall Unit(s)

Exterior

Parking Features Off Site

Amenities Available Laundry

View Y/N true

Roof Type Composition

Building

Story 1

Structure Type Brick

Schools

School District Spokane Valley

Others

Acceptable Financing Conventional, Cash, Commercial

Listing Terms Conventional, Cash, Commercial

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(509) 290-8433

kathymray51@gmail.com

Learn More About LPT Realty

607 C St Cheney, WA 99004