308 W 3rd St

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Baths
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per Sq. Ft.

Description

Investment Opportunity! This portfolio includes three fully remodeled 4-bedroom, 2.5-bath duplexes plus a triplex at 17-21 5th Street featuring one 1-bedroom/1-bath and two 3-bedroom/2-bath units. All units offer open-concept floor plans, in-unit washers and dryers, and convenient attached garages at the 3rd Street duplexes. Located just minutes from Eastern Washington University, tenants enjoy easy access to shopping, dining, entertainment, and campus life. Combined rental income of $13,970 per...Investment Opportunity! This portfolio includes three fully remodeled 4-bedroom, 2.5-bath duplexes plus a triplex at 17-21 5th Street featuring one 1-bedroom/1-bath and two 3-bedroom/2-bath units. All units offer open-concept floor plans, in-unit washers and dryers, and convenient attached garages at the 3rd Street duplexes. Located just minutes from Eastern Washington University, tenants enjoy easy access to shopping, dining, entertainment, and campus life. Combined rental income of $13,970 per month makes this an ideal opportunity for investors seeking stable cash flow in a high-demand area.
  1. Listed by Ryan Towner • LT Real Estate
  2. Listed by Dallas Lightner • LT Real Estate

Property Details for 308 West 3rd Street

Parking Features
Attached, Off Site, Alley Access
LISTING UPDATED: 02/06/2026 05:07 PM

Property Details for 308 West 3rd Street

StatusNew
MLS #202611906
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Rental
Year Built2016
Lot Size0.00 AC / 0 SF
CountySpokane County

Location

Listing Courtesy of LT Real Estate
Add your commute

Building Information for 308 West 3rd Street

Building/Complex308 W 3rd StFloor-Stories-Residences9Pet Policy-Pet Policy Details-Year Built2016Building Size-

Payment Calculator

$10,338 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,723

Property Taxes

$615

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 308 West 3rd Street

Summary
Location and General Information
  • County Or Parish: Spokane
  • Longitude: -117.59
  • Class: Rental Income
  • Latitude: 47.48
Taxes and HOA
  • Additional Parcels Description: 13132.4608, 13133.1813, 13133.1807
  • Parcel Number: 13133.1812
Parking
  • Garage Spaces: 2.00
Property
Lot Information
  • Lot Size Acres: 0.0
Property and Assessments
  • Construction Materials: Vinyl Siding
  • FIPS: 53063
  • Year Built: 2016
  • First Photo Additional Detail: 2026-02-07T01:05:21.7
Interior and Exterior Features
Exterior Features
  • Association Amenities: None
  • Area: A420/097
  • Structure Type: Duplex
  • Road Frontage Type: Paved Road, City Street
  • Roof: Composition
Interior Features
  • Heating: Electric, Forced Air
  • Basement: None
Unit Information
Unit Information
  • Number Of Units Total: 9

Property History for 308 West 3rd Street

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

SPOKANEMLS #202611906

$1,995,000—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

SPOKANEMLS #202611906

$1,995,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 308 West 3rd Street

Taxable ValueLand$75,000Additions$595,800Total$670,800
Tax Record2025$7,384 ($615 / month)
Home Facts
Baths4Total Finished SqFt3,150 SqFtAbove Grade Finished SqFt3,150 SqFtStories2Lot Size6,500 SqFtStyleDuplexYear Built2016CountySPOKANEAPN13133.1812

Schools near 308 West 3rd Street

This home is within Cheney School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Salnave Elementary School
PublicPK to 5

Cheney Middle School
Public6 to 8

Cheney High School
Public9 to 12

HomeWorks!
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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308 West 3rd Street is a multi-family home for sale in Cheney, WA 99004. This property was listed for sale on February 6, 2026 by LT Real Estate, it's currently listed at $1,995,000. This listing's school district is Cheney School District. Nearby schools include Salnave Elementary School, Cheney Middle School and Cheney High School. 308 West 3rd Street is a 0-bed, 0-bath, multi-family home built in 2016.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LT Real Estate

Based on information submitted to the MLS GRID as of 02/06/2026 05:07 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. Properties displayed may be listed or sold by various participants in the MLS. IDX 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.