$525,000
$25K PRICE DROP

706 2nd St Cheney, WA 99004

Estimated payment $3,205/month

Total Views 21,946
13 Beds
39 Baths
5,292 Sq Ft
$99 Price per Sq Ft

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.

Listing Agent

Benji Estrellado

Cheney Realty, Inc. License #11892 Listed on: 06/01/2025

Co-Listing Agent

Trevan Estrellado

Cheney Realty, Inc. License #21004394

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,348

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Year Built: 1999
  • Property Sub-Type: Rental
  • PropertyType: Residential Income
  • ResoLotFeatures: Level, Corner Lot, Fencing
  • Lot Size Acres: 0.23
  • Road Frontage Type: City Street, Paved Road
  • Reso Association Amenities: Gas, None
  • Co List Office Mls Id: SAR205
  • Co List Office Phone: +1 (509) 235-61
  • Co List Office Phone: +1 (509) 235-61
  • MLS Status: Active
  • Architectural Style: Ranch
  • Reso Interior Features: Pantry
  • Reso Structure Type: One Story
  • Master Plan Zoning: C-1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full, Finished, Daylight, Laundry, Walk-Out Access
  • Appliances: Gas Range, Dishwasher, Refrigerator
  • Total Bedrooms: 13
  • Stories: 1

Exterior Features

  • Roof: Composition
  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Site
  • Total Parking Spaces: 12

Utilities

  • Heating: Natural Gas, Forced Air
  • NumberOfRanges: 1

Schools

  • Elementary School: Cheney
  • High School: Cheney
  • Middle Or Junior School: Cheney

Lot Info

  • Parcel Number: 13131.1608
  • Lot Size Sq Ft: 10000
  • Additional Parcels: No

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 5348
  • Tax Database ID: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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®

Source: Spokane Association of REALTORS®

MLS Number: 202517850

Spokane Association of REALTORS®