706 2nd St Cheney, WA 99004
Estimated payment $3,205/month
Highlights
- Corner Lot
- Fenced
- 3-minute walk to Cheney Parks & Recreation
- Forced Air Heating System
- 1-Story Property
About This Home
Fantastic investment opportunity. Great location just a few blocks from Eastern Washington University. Past uses have been a fraternity and large group housing. Potential for commercial office building. Room for over 10+ parking spaces. The main floor offers a large dining hall and a large common area/meeting hall. The kitchen boasts commercial appliances that include a commercial dishwasher, a commercial gas range and commercial refrigerator. Tons of shelving's and storage room or pantry. There are 4 gas furnaces and 3 water heaters. All of the bedrooms do not have closets. 4 bedrooms on the main floor and one has an exit door that would make for a great office and 9 downstairs. There is a main floor bathroom with 2 urinals, 2 toilets, 3 sinks and walk in shower with 3 heads. The basement bathroom has 2 toilets, 1 walk in shower with 4 heads, 2 sinks and 2 toilets. The laundry room is located in the basement with 2 washer and dryer hook ups.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,348
Year Built
- Built in 1999
Lot Details
- 10,000 Sq Ft Lot
- Fenced
- Corner Lot
- Level Lot
Home Design
- Vinyl Siding
Interior Spaces
- 5,292 Sq Ft Home
- 1-Story Property
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 13 Bedrooms
- 39 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement with some natural light
Parking
- 12 Parking Spaces
- Off-Site Parking
Schools
- Cheney Middle School
- Cheney High School
Utilities
- Forced Air Heating System
- Gas Available
Listing and Financial Details
- Assessor Parcel Number 13131.1608
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | Price Changed | $525,000 | -4.5% | $99 / Sq Ft |
| 06/01/2025 06/01/25 | For Sale | $550,000 | -- | $104 / Sq Ft |
Source: Spokane Association of REALTORS®
MLS Number: 202517850
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