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$525,000

706 2nd St Cheney, WA 99004

5,292 sqft
0.2 acres
$99 / sqft
Multi-Family

Property details

About 706 2nd St

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.

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
Size5,292 sqft
BasementYes
Lot size0.23 Acres
Year built1999
ParkingOff Site
MLS #202517850

Summary

  • Appliances: Gas Range, Dishwasher, Refrigerator
  • Basement: Yes
  • Interior: Pantry
  • Private Pool: No
  • Parking: Off Site
  • Exterior: None
  • Architectural Style: Ranch
  • Heating: Natural Gas, Forced Air
  • List Price: $525,000
  • Price/SqFt: $99
  • Annual Tax Amount: $4,115
  • Tax Year: 2024
  • Lot: Level, Corner Lot, Fencing
  • Directions: GPS
  • Year Built: 1999
  • Stories: 1
  • Living Area: 5,292 SqFt
  • Lot Size: 0.23 Acres
  • MLS Number: 202517850
  • MLS Name: SARMLS
  • Office Name: Cheney Realty, Inc.
  • Office Email: benji.cheneyrealty@gmail.com
  • Listing Agent: Benji Estrellado

IDX Listings courtesy of Spokane Association of REALTORS® MLS as distributed by MLS GRID.

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.

DMCA Notice

Broker Reciprocity The data relating to real estate for sale on this web site comes in part from the Spokane Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the SARMLS. Real estate listings held by other brokerage firms are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Copyright 2025 Spokane Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/20/2025, 12:40:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Jun 02, 2006
Home Sold
$250,000
Jul 31, 1997
Home Sold
$50,000

Tax history

YearAssessmentProperty Tax
2024$491,700$4,115
2023$272,600$3,021
2022$272,600$3,021
2021$281,300$3,215
2020$279,400$3,406
2018$246,700$2,939
2017$240,800$3,285

History based on county public records data.

Nearby schools

6

Betz Elementary School

Public District PK-5

0.4 mi

317 N 7th St

4

Salhave Elementary School

Public District PK-5

1.2 mi

1015 Salnave Rd

7

Hallett Elementary School

Public District PK-5

7.3 mi

524 N Hallett St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $16,081. Most Cheney, WA residents have annual incomes less than $<35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

67%
<35k
29%
35k-100k
3%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

80%
Single, No Kids
7%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

4%
<11 yrs old
2%
12-17 yrs old
79%
18-34 yrs old
10%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • College FootballCollege Football
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • KiaKia

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 706 2nd St

The listing price of 706 2nd St property is $525,000.

The property 706 2nd St is a multi located in Cheney, Washington, 99004.

Active Listing: 706 2nd St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 706 2nd St are: Betz Elementary School (GreatSchools Rating 6/10), Salhave Elementary School (GreatSchools Rating 4/10), Hallett Elementary School (GreatSchools Rating 7/10), Cheney Middle School (GreatSchools Rating 3/10), Medical Lake Middle School (GreatSchools Rating 7/10), Westwood Middle School (GreatSchools Rating 5/10), Homeworks (GreatSchools Rating 5/10), Three Springs High School (GreatSchools Rating 3/10), Cheney High School (GreatSchools Rating 6/10).

According to the records, the last property tax for 2024 is $4,115 (source: MLS/based on county public records data).

The last sale was on June 2, 2006 for $250,000 (source: MLS/tax record).

The property 706 2nd St is 5,292 SqFt (source: MLS/tax record).

The year of construction for 706 2nd St is 1999.

This home is located at 706 2nd St in Cheney, WA and zip code 99004. This 5,292 square foot home, which was built in 1999, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 1, 2025 and is currently priced at $525,000.

In June 2025, from all listings sold in Cheney, WA there were more than 7 sold above asking price, over 7 sold below and more than 8 were sold right at the asked price. The number of homes for sale in Cheney, WA increased by 8.1% between May and June 2025. In June 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $415,000.

From Rocket Homes Real Estate and based on county public records data.

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