# 317 College Ave, Cheney, WA 99004

> **TL;DR:** residential multi family, $600,000 ($114/sqft), built 1940, 5,284 sqft.
> RV Parking. Est. $2,600/mo. Listed 56 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $600,000 |
| Price/sqft | $114 |
| Square Feet | 5,284 |
| Year Built | 1940 |
| Lot Size | 10,001 sqft (0.23 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 56 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,600 |
| **Total** | **$2,600** |

## Key Amenities

- RV Parking

## Property Highlights

- Built in 1940
- 0.23 acre lot
- 2 stories

## Description

### Agent Description
Great rental opportunity in the heart of Eastern Washington University! This property is a few blocks from the campus. Recently updated. It has 11 official bedrooms: There are 9 bedrooms upstairs and has a huge bathroom with four shower stalls, a large vanity with seven sinks, and four toilet stalls. On the main level the house features two bedrooms with a connecting bathroom there is another half bathroom on the main floor. Through the main entrance is a living room that leads to an open family room setting next to the dining area and commercial 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. Rent was $4000 mo and could probably go up from there. You could also rent by the room and get a bigger return on your investment. Seller is offering financing with 25% down at 7% int.

## Location

- **Address:** 317 College Ave, Cheney, WA 99004
- **County:** Spokane
- **Coordinates:** 47.488969, -117.577283
- **Google Maps:** https://www.google.com/maps?q=47.488969,-117.577283

## Listing Agent

- **Name:** Mark Anderson
- **Brokerage:** LPT Realty LLC
- **Phone:** (425) 999-0890
- **Email:** markgsd22@gmail.com

## Primary Photo

![317 College Ave - Primary Photo](http://lh.rdcpix.com/637ed44100fede0ab4f57f108765be36l-f1825816529r.jpg)

*43 total photos available on [listing page](https://www.propertysimple.com/listing/317-college-ave-cheney-wa-99004-02612171)*

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**MLS#:** 202612171 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/317-college-ave-cheney-wa-99004-02612171)

---

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