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317 College Ave, Cheney, WA 99004

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For Sale

$600,000

5,284 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $113.55
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Great rental opportunity in the heart of Eastern Washington University! Recently updated. It has 11 official bedrooms: two on the main floor with a connecting 3/4 bathroom, and 9 bedrooms upstairs. There is another half bathroom on the main floor and upstairs has a huge bathroom with four shower stalls, a large vanity with seven sinks, and four toilet stalls. Through the main entrance is a living room that leads to an open family room setting next to the dining area and kitchen. The dining area is spacious with ample countertop space, cabinets, a sink and dishwasher. There is a serving window from the adjacent commercial style kitchen with a large pantry, and a laundry room behind the dining area. Upstairs has a long room used as sleeping quarters, along with three large rooms for dressing, and a study. Current rents are $4000 mo and could probably go up from there. Renters pay all utilities electric, gas, water, sewer and garbage. You could also rent by the room and it will have and even greater rents.
MLS# 202517479

Courtesy Of LPT Realty, LLC

87736622

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Barbeque or Grill, Dishwasher, Dryer, Garbage Disposer, Microwave, Oven - Double, Range, Range - Gas, Refrigerator, Washer
  • Architecture Style
    Colonial
  • Exterior Type
    Block, Stucco
  • Heating System
    Forced Air
  • Lot Size
    0.23 Acres
  • Rooms
    Basement
  • View Type
    Territorial

Map and Directions

Directions to 317 College Ave, Cheney, WA 99004

Home seller CENTURY 21 Beutler & Associates

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CENTURY 21 Beutler & Associates

(509) 323-2100
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Copyright © 2025 Spokane Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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