Real Estate Investment Properties for Sale in Cheney, WA

Looking for investment property in Cheney, WA with high ROI ?

Explore a variety of short-term homes & houses in Cheney, WA. Invest wisely with VRBO & Cheney, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Cheney, WA

Search for Multi Family for Sale in Cheney, Washington. Browse all of Mashvisor’s Multi Family listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 11 Multi Family listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
422 4th St Cheney, WA Attention Investors! Exceptional 4-Unit Rental Income Property near EWU!This well-maintain...	4 beds \| N/A baths \| 2,215 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.46% Airbnb Rental Income: $null Traditional Rental Income: $1956 Airbnb ROI: N/A Traditional ROI: 2.46%
1239 1st St Cheney, WA 1239 1st St, Cheney, WA 99004 \| Multi Family	6 beds \| N/A baths \| 2,832 sq.ft.	$599,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $4387 Airbnb ROI: N/A Traditional ROI: 5.69%
323 5th St Cheney, WA 323 5th St, Cheney, WA 99004 \| Multi Family	7 beds \| N/A baths \| 3,008 sq.ft.	$410,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.34% Airbnb Rental Income: $null Traditional Rental Income: $2135 Airbnb ROI: N/A Traditional ROI: 3.34%
5 2nd St Cheney, WA 5 2nd St, Cheney, WA 99004 \| Multi Family	8 beds \| N/A baths \| 2,496 sq.ft.	$675,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.48% Airbnb Rental Income: $null Traditional Rental Income: $1638 Airbnb ROI: N/A Traditional ROI: 0.48%
501 K St #503 K St Cheney, WA 501 K St #503 K St, Cheney, WA 99004 \| Multi Family	6 beds \| N/A baths \| 3,680 sq.ft.	$529,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.64% Airbnb Rental Income: $null Traditional Rental Income: $1881 Airbnb ROI: N/A Traditional ROI: 1.64%
1717 2nd St Cheney, WA Charming 4-Plex located in the heart of Cheney. Two units have 3 bedrooms and a bathroom w...	10 beds \| N/A baths \| 3,600 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.19% Airbnb Rental Income: $null Traditional Rental Income: $2956 Airbnb ROI: N/A Traditional ROI: 4.19%
916 2nd St #918 Cheney, WA 916 2nd St #918, Cheney, WA 99004 \| Multi Family	6 beds \| N/A baths \| 3,065 sq.ft.	$624,950	Airbnb cash on cash: -1.66% Traditional cash on cash: 1.41% Airbnb Rental Income: $556 Traditional Rental Income: $2068 Airbnb ROI: -1.66% Traditional ROI: 1.41%
1521 4th St Cheney, WA 1521 4th St, Cheney, WA 99004 \| Multi Family	4 beds \| N/A baths \| 1,638 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $1730 Airbnb ROI: N/A Traditional ROI: 3.92%
706 2nd St Cheney, WA 706 2nd St, Cheney, WA 99004 \| Multi Family	13 beds \| N/A baths \| 5,292 sq.ft.	$515,000	Airbnb cash on cash: N/A Traditional cash on cash: 1% Airbnb Rental Income: $null Traditional Rental Income: $1527 Airbnb ROI: N/A Traditional ROI: 1%
104 3rd St Cheney, WA 104 3rd St, Cheney, WA 99004 \| Multi Family	6 beds \| N/A baths \| 2,400 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.31% Airbnb Rental Income: $null Traditional Rental Income: $1796 Airbnb ROI: N/A Traditional ROI: 2.31%
314 W 3rd St #312 W 3rd St Cheney, WA 314 W 3rd St #312 W 3rd St, Cheney, WA 99004 \| Multi Family	8 beds \| N/A baths \| 3,200 sq.ft.	$550,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.16% Airbnb Rental Income: $null Traditional Rental Income: $1705 Airbnb ROI: N/A Traditional ROI: 1.16%

Your search for investment property begins and ends here

Multi Family for Sale in Cheney, WA

422 4th St

Cheney, WA

4 beds | N/A baths | 2,215 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.46%

Airbnb Rental Income: $null

Traditional Rental Income: $1956

Airbnb ROI: N/A

Traditional ROI: 2.46%

1239 1st St

Cheney, WA

6 beds | N/A baths | 2,832 sq.ft.

$599,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.69%

Airbnb Rental Income: $null

Traditional Rental Income: $4387

Airbnb ROI: N/A

Traditional ROI: 5.69%

323 5th St

Cheney, WA

7 beds | N/A baths | 3,008 sq.ft.

$410,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.34%

Airbnb Rental Income: $null

Traditional Rental Income: $2135

Airbnb ROI: N/A

Traditional ROI: 3.34%

5 2nd St

Cheney, WA

8 beds | N/A baths | 2,496 sq.ft.

$675,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.48%

Airbnb Rental Income: $null

Traditional Rental Income: $1638

Airbnb ROI: N/A

Traditional ROI: 0.48%

501 K St #503 K St

Cheney, WA

6 beds | N/A baths | 3,680 sq.ft.

$529,999

Airbnb cash on cash: N/A

Traditional cash on cash: 1.64%

Airbnb Rental Income: $null

Traditional Rental Income: $1881

Airbnb ROI: N/A

Traditional ROI: 1.64%

1717 2nd St

Cheney, WA

10 beds | N/A baths | 3,600 sq.ft.

$550,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2956

Airbnb ROI: N/A

Traditional ROI: 4.19%

916 2nd St #918

Cheney, WA

6 beds | N/A baths | 3,065 sq.ft.

$624,950

Airbnb cash on cash: -1.66%

Traditional cash on cash: 1.41%

Airbnb Rental Income: $556

Traditional Rental Income: $2068

Airbnb ROI: -1.66%

Traditional ROI: 1.41%

1521 4th St

Cheney, WA

4 beds | N/A baths | 1,638 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.92%

Airbnb Rental Income: $null

Traditional Rental Income: $1730

Airbnb ROI: N/A