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.
Active
Price cut: $10K (6/13)
$515,000
706 2nd St, Cheney, WA 99004
13beds
39baths
5,292sqft
MultiFamily
Built in 1999
-- sqft lot
$-- Zestimate®
$97/sqft
$-- HOA
What's special
Large dining hallCommercial gas rangeCommercial dishwasherCommercial refrigeratorKitchen boasts commercial appliances
- 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#: 202616001
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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
| Date | Event | Price |
|---|---|---|
| 6/13/2026 | Price change | $515,000-1.9%$97/sqft |
Source: | ||
| 5/4/2026 | Pending sale | $525,000$99/sqft |
Source: | ||
| 4/23/2026 | Listed for sale | $525,000$99/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $525,000$99/sqft |
Source: | ||
| 7/7/2025 | Price change | $525,000-4.5%$99/sqft |
Source: | ||
| 6/1/2025 | Listed for sale | $550,000$104/sqft |
Source: | ||
| 6/1/2025 | Listing removed | $550,000$104/sqft |
Source: | ||
| 2/1/2025 | Listed for sale | $550,000$104/sqft |
Source: | ||
| 2/1/2025 | Listing removed | $550,000$104/sqft |
Source: | ||
| 8/22/2024 | Price change | $550,000-8.3%$104/sqft |
Source: | ||
| 7/12/2024 | Listed for sale | $599,900+140%$113/sqft |
Source: | ||
| 6/7/2006 | Sold | $250,000+400%$47/sqft |
Source: | ||
| 7/31/1997 | Sold | $50,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $2,777 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 6/10Betz Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Cheney Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10Cheney High SchoolGrades: 9-12Distance: 0.6 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Spokane County
- Cheney
- 99004
- 706 2nd St


