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Active
  • Price cut: $10K (6/13)
    $515,000

    706 2nd St, Cheney, WA 99004

    13beds
    39baths
    5,292sqft
    : 
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    MultiFamily
    Built in 1999
    -- sqft lot
    $-- Zestimate®
    $97/sqft
    $-- HOA

    What's special

    Large dining hallCommercial gas rangeCommercial dishwasherCommercial refrigeratorKitchen boasts commercial appliances
    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.
    61 days
    |
    119
    |
    6
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Benji Estrellado 509-990-9221,

    Cheney Realty, Inc.,

    Trevan Estrellado 509-570-4111,

    Cheney Realty, Inc.

    Source: SMLS as distributed by MLS GRID,MLS#: 202616001MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 13
      • Bathrooms: 39
      Family room
      • Description: 1st Flr
      Heating
      • Natural Gas, Forced Air
      Appliances
      • Included: Gas Range, Dishwasher, Refrigerator
      • Laundry: In Basement
      Features
      • Basement: Full,Finished,Daylight,Walk-Out Access
      • Has fireplace: No
      Interior area
      • Total structure area: 5,292
      • Total interior livable area: 5,292 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Off Site
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Fenced
      Lot
      • Size: 10,000 Square Feet
      • Features: Level, Corner Lot
      Details
      • Parcel number: 13131.1608

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      Materials
      • Brick Veneer, Vinyl Siding
      • Roof: Composition
      Condition
      • Year built: 1999

      Community & HOA

      HOA
      • Amenities included: None
      Location
      • Region: Cheney

      Financial & listing details

      • Price per square foot: $97/sqft
      • Tax assessed value: $596,600
      • Annual tax amount: $5,348
      • Date on market: 4/23/2026
      • Listing terms: Conventional,Cash
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,068/mo

        Price history

        DateEventPrice
        6/13/2026Price change$515,000-1.9%$97/sqft
        Source: SMLS as distributed by MLS GRID #202616001 Report a problem
        5/4/2026Pending sale$525,000$99/sqft
        Source: SMLS as distributed by MLS GRID #202616001 Report a problem
        4/23/2026Listed for sale$525,000$99/sqft
        Source: SMLS as distributed by MLS GRID #202616001 Report a problem
        1/1/2026Listing removed$525,000$99/sqft
        Source: SMLS as distributed by MLS GRID #202517850 Report a problem
        7/7/2025Price change$525,000-4.5%$99/sqft
        Source: SMLS as distributed by MLS GRID #202517850 Report a problem
        6/1/2025Listed for sale$550,000$104/sqft
        Source: SMLS as distributed by MLS GRID #202517850 Report a problem
        6/1/2025Listing removed$550,000$104/sqft
        Source: SMLS as distributed by MLS GRID #202511517 Report a problem
        2/1/2025Listed for sale$550,000$104/sqft
        Source: SMLS as distributed by MLS GRID #202511517 Report a problem
        2/1/2025Listing removed$550,000$104/sqft
        Source: SMLS as distributed by MLS GRID #202419715 Report a problem
        8/22/2024Price change$550,000-8.3%$104/sqft
        Source: SMLS as distributed by MLS GRID #202419715 Report a problem
        7/12/2024Listed for sale$599,900+140%$113/sqft
        Source: SMLS as distributed by MLS GRID #202419715 Report a problem
        6/7/2006Sold$250,000+400%$47/sqft
        Source: SMLS as distributed by MLS GRID #25030770 Report a problem
        7/31/1997Sold$50,000$9/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,568 +22.8%$596,600 +4.2%
        2023$5,349 +30%$572,500 +16.4%
        2022$4,115 +20.7%$491,700 +80.4%
        2021$3,408 +0.1%$272,600 -2.4%
        2020$3,406 +15.9%$279,400 +10.2%
        2019$2,940 $253,500 +2.8%
        2018$2,940 -10.5%$246,700 +2.5%
        2017$3,286 +13.2%$240,800 -4.9%
        2016$2,903 -5.5%$253,200 +1.4%
        2015$3,071 $249,700 +3.5%
        2014$3,071 $241,300
        2013$3,071 +4.5%--
        2011$2,940 +5.9%--
        2010$2,777 --
        2009$2,777 --

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 99004

          Getting around

          73 / 100
          Very Walkable
          67 / 100
          Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Cheney
          • Middle: Cheney
          • High: Cheney
          • District: Cheney

          Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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