Cheney Homes under $400,000

Cheney Homes under $400,000

Welcome to Cheney, Washington – a charming city nestled in Spokane County that perfectly balances the beauty of nature with a vibrant community spirit. Known for its stunning landscapes and friendly atmosphere, Cheney is an ideal location for families, young professionals, and anyone seeking a peaceful yet engaging lifestyle.

One of the most appealing aspects of Cheney is its affordability in the housing market. With a variety of homes available for under $400,000, this city offers an excellent opportunity for first-time buyers and those looking to invest in real estate. From cozy single-family homes to inviting townhouses, there’s something for everyone. Imagine settling into a lovely home surrounded by picturesque parks, tree-lined streets, and a welcoming community.

Cheney is also home to Eastern Washington University, which adds a youthful vibe and a plethora of cultural events throughout the year. Residents enjoy access to a range of outdoor activities, including hiking, biking, and fishing, thanks to the nearby scenic landscapes and lakes. The city’s commitment to maintaining green spaces ensures that you can relish the beauty of the great outdoors right at your doorstep.

With a strong sense of community, excellent schools, and a variety of local shops and restaurants, Cheney is not just a place to live; it’s a place to thrive. Whether you’re looking for a starter home or a charming retreat, Cheney offers a unique blend of affordability and quality living that is hard to resist. Explore the possibilities today and discover why Cheney is the perfect place to call home!

Newest Cheney Homes under $400,000

1309 Pineview St, Cheney
$349,999
3 Beds ⋅ 2 Baths ⋅ 202625476 MLS
Welcome home to comfort, charm, and possibilities in the heart of Cheney! This inviting split-level home offers 3 bedrooms, 2 bathrooms, and 1,806 square feet of living space, with plenty of room to settle in and make it your own. The comfortable layout provides space for everyday living, gathering with loved ones, and creating a home that truly feels like yours. One of the property's standout features is the oversized attached shop/garage, offering an abundance of room for vehicles, hobbies, projects, or extra storage. Outside, you'll find a spacious backyard with mature trees, a deck, and plenty of room to relax, entertain, or simply enjoy a quiet afternoon outdoors. Conveniently located in the charming community of Cheney, this home offers a wonderful blend of small-town living, practical space, and endless potential. Come see all the possibilities this property has to offer!

1309 Pineview St, Cheney
323 5th St, Cheney
$399,400
202625190 MLS
This has the potential to pencil out attractively based on current rents & it's fully occupied! This PRIME income-producing property DIRECTLY across from Eastern Washington University in Cheney, WA! This rare triplex for sale near EWU sits on a corner lot just steps from campus - just across the grounds to Showalter Hall and 2 minutes to Downtown Cheney restaurants, bars, and shops. Recent Updates include a 2025 roof, exterior paint, new LVP flooring, and interior paint. This is one of the closest multifamily investment properties available near the school, making it ideal for a long-term investment, student housing, 1031 exchange, house hacking, and buyers seeking cash flow and long-term appreciation. This registered historic triplex features separately metered units, campus views, mature trees, and off-street parking for each unit. Upstairs unit to be vacant soon, making an excellent opportunity for owner occupancy. Seller Financing would be considered.

323 5th St, Cheney
2623 Wheaton St, Cheney
$345,900
2 Beds ⋅ 2 Baths ⋅ 202624793 MLS
Welcome home! This beautifully maintained 2-bedroom, 2-bathroom rancher offers 1,232 square feet of comfortable, easy living and is truly move-in ready. Built in 2000, this charming single-level home has been lovingly cared for and offers a welcoming, functional layout that feels like home the moment you walk through the door. The kitchen features updated appliances, and all appliances stay, making your move that much easier. A brand-new roof provides added peace of mind, while central heating and air conditioning keep you comfortable through every season. Even better, the home and carpets have just been professionally cleaned, so it’s fresh, spotless, and ready for its new owners! Step outside to the fully fenced backyard—a wonderful space for pets, summer barbecues, gardening, or simply relaxing at the end of the day. The attached 2-car garage provides plenty of room for parking and additional storage. With thoughtful updates, a well-cared-for interior, and so much to enjoy inside

2623 Wheaton St, Cheney
16107 W Everglade Ln, Cheney
$61,500
2 Beds ⋅ 1 Baths ⋅ 202624770 MLS
This amazing home has had a complete transformation from the ground up it has been completely renovated and revamped. Starting with the exterior. The home was completely encapsulated with new insulation and siding, new metal roof, new trex covered deck , plumbing and wiring. On the interior we have completely new interior walls, paint, AC, heat, instant hot water, all new appliances, complete bathroom renovation, and to top it all off the home comes completely furnished inside and out. Additionally there is an oversized storage shed with all the tools for maintaining the yard. Don't miss this golden opportunity for a turnkey home with water activities galore. Boat slips to rent on a first come first serve basis. All applicants must be approved by the park. Small animals allowed. Buyers and buyers agents to verify all information.

16107 W Everglade Ln, Cheney
1234 Pineview St, Cheney
$349,950
4 Beds ⋅ 2 Baths ⋅ 202624650 MLS
Move-in ready in the heart of Cheney! This remodeled 4-bedroom, 2-bath rancher offers 1,964 sq ft of comfortable living space with a finished basement and a functional, flexible layout. Updated throughout in 2020, the home features a beautifully remodeled kitchen, refreshed finishes, and inviting spaces for everyday living and entertaining. Major improvements include a new roof in 2021 and an installed radon mitigation system, and brand new sewer line offering added peace of mind. Outside, the 0.16 acre lot is enclosed by newer wood fencing for privacy and room to relax, play, or gather. Conveniently located near downtown Cheney, parks, schools, and Eastern Washington University. Thoughtfully updated home combines an established neighborhood setting with modern comfort and easy access to everyday amenities. Ask about the potential for FHA assumable loan!

1234 Pineview St, Cheney
411 Clay St, Cheney
$239,000
2 Beds ⋅ 2 Baths ⋅ 202624621 MLS
Welcome home to this beautifully updated 2-bedroom, 1.5-bath townhome in the heart of Cheney! Featuring fresh, modern updates throughout, this home offers a comfortable and inviting space that’s ready for you to settle right in. The thoughtfully designed layout provides a nice separation between living and sleeping spaces, with a convenient half bath on the main level and two comfortable bedrooms upstairs. Enjoy a bright and welcoming living area with fireplace, an updated kitchen, and refreshed finishes that give the home a clean, modern feel. Private patio right off the living room too! Enjoy the ease of yard maintenance and snow removal (as well as water) covered through the HOA. Detached 1 car garage AND assigned parking space. Perfect for anyone looking for low maintenance living or owning instead of renting!

411 Clay St, Cheney
247 Walker Dr, Cheney
$350,000
4 Beds ⋅ 2 Baths ⋅ 202624444 MLS
Eligible for 0% down USDA loan & a 1% Lender Credit! Updated and move-in ready, this is a must-see! Tucked into a quiet Cheney neighborhood, this 4 bed, 2 bath home feels bigger than its 1,761 square feet thanks to two full living areas, one up and one down, perfect as a rec room, home office, or guest space. Inside, new LVP flooring and fresh paint flow throughout, complemented by new windows, gutters, and recessed lighting. The kitchen has been refreshed with newer appliances and a farmhouse sink, and both bathrooms are updated, including a full remodel downstairs. Outside, a 2 car attached garage and gravel RV parking, hard to find at this price point, give you room for all your toys, boats, or trailers. The fully fenced back yard offers plenty of room to spread out, with raised planter boxes and a deck ready for your summer evenings. Close to schools and EWU, with an easy commute to Spokane. Come see it today! Some photos are virtually staged.

247 Walker Dr, Cheney
840 W 1st St, Cheney
$75,999
2 Beds ⋅ 1 Baths ⋅ 202624205 MLS
Move in Special! Price reduction! 2 months FREE lot rent! Never Occupied MH by Fleetwood!! This affordable 13'x 56', 746 sq. ft. 2 bedroom, 1 bath home in the Pine Grove Estates MH park, is close to shopping, schools, Eastern Washington U, Turnbull National Wildlife Refuge & hiking trails. If that's not enough, Spokane International Airport and FAFB are just a short drive, and downtown Spokane is only a 20 minute drive. Salnave Park & Salnave Elementary School adjacent to Pine Grove MH Park. The kitchen is equipped with a 30" power range hood with light, 30" Whirlpool free standing electric range and 18 cu.ft. stainless Whirlpool frost free refrigerator. Residents are allowed two pets up to 40 lbs. ea. Two vehicles allowed per home. W/S/G/E are paid by homeowner to City of Cheney. Anyone over 18 yrs old must be approved for residency.

840 W 1st St, Cheney
10510 W Richland Rd, Cheney
$185,000
4 Beds ⋅ 2 Baths ⋅ 202624002 MLS
Beautifully updated and move-in ready in Hayford Village! This spacious 1,582 sq ft Triple-wide offers 4 bedrooms and 2 bathrooms with thoughtful updates, stylish finishes, and attention to detail throughout. The bright, functional layout provides plenty of room to spread out, while the primary suite features its own private bath with a relaxing garden tub. Major improvements include a roof approximately 2 years old, adding even more value and peace of mind. Outside, enjoy a covered carport, fenced patio area, and 8x16 storage shed for added convenience. Located on leased land in Hayford Village with $720 monthly lot rent. With generous square footage, four bedrooms, beautiful updates, and a price under $200,000, this home offers an incredible opportunity to enjoy a refreshed, move-in-ready home without the typical price tag!

10510 W Richland Rd, Cheney
24210 S E St, Cheney
$320,000
2 Beds ⋅ 1 Baths ⋅ 202623893 MLS
Discover the possibilities at this versatile Cheney property situated on 9.15 acres where horses are allowed. The 2-bedroom, 1-bath home is ready for thoughtful updates, offering an excellent opportunity to add your own style and value. The impressive 36' x 72' shop offers approximately 2,592 square feet, a concrete slab floor, roll-up doors on both sides for convenient drive-through access, and a 92% efficient wood-burning furnace. With privacy, usable acreage, and plenty of room for animals, equipment, storage, hobbies, or projects, this property is full of potential.

24210 S E St, Cheney
33801 S Badger Ln, Cheney
$55,000
1 Beds ⋅ 1 Baths ⋅ 202623639 MLS
Welcome to your ultimate lake getaway at Badger Lake Estates! This fully furnished 1 bedroom, 1 bath home has been completely transformed into a cozy retreat with a true cabin feel. So many upgrades including electrical, a new W/D combo, vinyl windows, flooring & siding. This doesn't feel at all like the original RV, it's much more,especially with the addition. Enjoy a spacious living room and a well-stocked, user-friendly kitchen. Relax outside on your covered front porch and take in the serene surroundings. You are just a short walk to the beach and picnic area. Badger is a 2.3-mile lake just 8.5 miles outside Cheney, WA, renowned for fishing Rainbow, cutthroat & Kokanee, plus boating and swimming. Monthly dues of $530 cover water and sewer. Whether for summer weekends or a quiet retreat year-round, this lake retreat offers exceptional charm. Dock slips are available for rent as well. There is a nice gravel parking area and a great outdoor firepit area too! What a cool place, you've got to check it out!

33801 S Badger Ln, Cheney
603 Marcella Ave, Cheney
$399,900
3 Beds ⋅ 2 Baths ⋅ 202623577 MLS
Welcome home to this beautifully maintained, 1-story rancher within the Golden Hills neighborhood heart of Cheney! Minutes away from bus routes, schools, dog park, shopping, and restaurants. This home features low-maintenance living, true main-level utilities with little-to-no steps—perfect for anyone seeking easy accessibility without sacrificing space. Step inside to enjoy sloped, vaulted ceilings that elevate the main living space. You'll love the peace of mind that comes with a fresh coat of exterior paint, central air conditioning for hot summer days and an efficient gas furnace to keep cozy warm when the snow falls. Extra highlighted features include: sunroom, fully-fenced backyard, gas-heated garage, sprinkler system, gas fireplace, and two sheds outback. Newer induction oven and dishwasher. All appliances stay! Don't miss this opportunity to own this total package of comfort, convenience, and care while enjoying small-town charm with easy access to Spokane & Eastern WA University.

603 Marcella Ave, Cheney
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