706 2nd St, Cheney, WA 99004
Property image
Property image
FOR SALE

706 2nd St
Cheney, WA 99004

  • 13 Beds
  • 39 Baths
  • 5,292 sqft

$515,000

Original price: $525,000
Est. Mortgage $3,018/mo*

$515,000

Original price: $525,000
Est. Mortgage $3,018/mo*
13 Beds
39 Baths
5,292 sqft

Local Information

  • Map ViewExplore the area around 706 2nd St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

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.

Home Highlights

Parking
12 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$97
Listed
80 days ago

Home Details for 706 2nd St

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Full,Finished,Daylight,Walk-Out AccessNumber of Rooms: 1Types of Rooms: Family Room
Beds & Baths
Number of Bedrooms: 13Number of Bathrooms: 39
Dimensions and Layout
Living Area: 5292 Square Feet
Appliances & Utilities
Appliances: Gas Range, Dishwasher, RefrigeratorDishwasherLaundry: In BasementRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced AirNo CoolingHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Levels, Entrance, & Accessibility
Stories: 1Levels: One
View
No View

Exterior Features

Exterior Home Features
Roof: CompositionFencing: Fenced
Parking & Garage
Parking Spaces: 12Parking: Off Site
Frontage
Road Frontage: City StreetRoad Surface Type: Paved

Days on Market

Days on Market: 80

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Residential IncomeArchitecture: Ranch
Building
Construction Materials: Brick Veneer, Vinyl SidingNo Additional Parcels
Property Information
Parcel Number: 13131.1608

Price & Status

Price
List Price: $515,000Price Per Sqft: $97
Status Change & Dates
Off Market Date: Sat Jun 13 2026

Location

Direction & Address
City: Cheney
School Information
Elementary School: CheneyElementary School District: CheneyJr High / Middle School: CheneyHigh School: Cheney

Agent Information

Listing Agent
Listing ID: 202616001

Building

Building Area
Building Area: 5292 Square Meters

Lot Information

Lot Area: 10000 sqft

Offer

Listing Terms: Conventional, Cash

Miscellaneous

Mls Number: 202616001

Additional Information

HOA Amenities: None
Last check for updates: about 21 hours ago
Listing courtesy of 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

Market trends in Cheney

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
110
7
MoM

Price History for 706 2nd St

DatePriceEventSource
06/13/2026$515,000PriceChange
SMLS as distributed by MLS GRID #202616001
05/04/2026$525,000PendingSMLS as distributed by MLS GRID #202616001
04/23/2026$525,000Listed For SaleSMLS as distributed by MLS GRID #202616001
01/01/2026$525,000ListingRemovedSMLS as distributed by MLS GRID #202517850
07/07/2025$525,000PriceChange
SMLS as distributed by MLS GRID #202517850
06/01/2025$550,000Listed For SaleSMLS as distributed by MLS GRID #202517850
06/01/2025$550,000ListingRemovedSMLS as distributed by MLS GRID #202511517
02/01/2025$550,000Listed For SaleSMLS as distributed by MLS GRID #202511517
02/01/2025$550,000ListingRemovedSMLS as distributed by MLS GRID #202419715
08/22/2024$550,000PriceChange
SMLS as distributed by MLS GRID #202419715
07/12/2024$599,900Listed For SaleSMLS as distributed by MLS GRID #202419715
06/07/2006$250,000Sold
SMLS as distributed by MLS GRID #25030770
07/31/1997$50,000Sold
N/A

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Property Tax and Assessment

Year2024
Tax$6,568
Assessment$596,600
Home facts updated by county records

Comparable Sales for 706 2nd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.33
Multi-Family Home
$400,000
09/23/25
12
10
3,406
0.13
Multi-Family Home
$620,000
04/20/26
6
4
3,068
0.54
Multi-Family Home
$323,000
02/03/26
4
2
1,638
1.49
Multi-Family Home
$543,840
03/26/26
6
4
2,856
5.70
Multi-Family Home
$550,000
07/22/25
5
4
2,688
7.33
Multi-Family Home
$455,262
07/09/26
6
2
2,288

Nearby homes

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Assigned Schools

These are the assigned schools for 706 2nd St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cheney

At least 89 Trulia users voted on each feature.
  • 93 % Say it's dog friendly

  • 87 % Say there are sidewalks

  • 81 % Say parking is easy

  • 78 % Say people would walk alone at night

  • 77 % Say there's holiday spirit

  • 74 % Say car is needed

  • 71 % Say kids play outside

  • 68 % Say it's walkable to grocery stores

  • 68 % Say yards are well-kept

  • 63 % Say streets are well-lit

  • 61 % Say it's quiet

  • 59 % Say it's walkable to restaurants

  • 55 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 47 % Say they plan to stay for at least 5 years

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • 20webb03
    "It’s a college town, but usually pretty quiet. Most people just keep to themselves which is nice. Haven’t really had an issue at all"
  • Mrwyatt_24
    "Not sure but there are lots of side walks and places to walk your dog anytime of the day. Thank you "
  • Mohammed A.
    "No major interesting event often happen here, except for the rodeo and a summer country festival. ........"
  • Tbilreyn
    "Lots of dogs. Close to multiple parks to play. Great sidewalks for walking. There is always something for a dog to do."
  • Katdavis55
    "It really depends on which area of cheney you live in, some areas definitely feel safer in some areas than others. "
  • Britney R.
    "The community events in my neighborhood are may fest and the rodeos and church events and family and friend events. "
  • Kendall C.
    "It's close to the university as well as downtown cheney, however there are college students spread out which could be a positive or negative however you look at it. So nearby parties happen, trash does get left around "
  • Adriana P. P.
    "We often times see kids from Cheney high hanging out in the street. Beware of what your kids are doing once they get out of classes. "
  • Wendy N.
    "There’s a park literallly in our back yard, you go through a gate and it’s there. Right next to a elementary school too. And fairly close to Eastern. "
  • Ringolemalu
    "My neighborhood has great access to public transportation. it's easy to get around on foot or bike as well."
  • Ringolemalu
    "my neighborhood is easy to get around. walking distance to everything and a lot of street parking available."
  • Ringolemalu
    "My neighborhood has great access to shopping and dinning areas around town. Very laid back community."
  • Wendy S.
    "This is a Friendly, well kept area. It is a family neighborhood as opposed to some areas in town with more rentals. This area is Close to shopping, schools, and recreation. A prefect small town feel but all the amenities of a big city with downtown Spokane only 20minutes away."
  • Simcarothers
    "It's in the middle of everything, and with a hus stop down the block you can easily get to anything you need."
  • Matthew S.
    "It’s blocks from the university and a park close by. You can walk down to downtown Cheney easily. There’s a lot of diversity in home owners and families as well."
  • Matthew B.
    "WE live in this very Quite Nature Filled rural area just 3 miles from Downtown Cheney where there is ample Parking, recreation, educational facilities and everything one would need located in a small college community. "
  • Kenny
    "We love living in this neighborhood. Blessed with incredible neighbors and we feel safe."
  • Ben
    "This area is centrally located: 12 miles from Spokane, 5 miles from Cheney, 7 miles from Airway Heights, 5 miles from Medical Lake, 27 miles from Liberty Lake with easy I-90 access. Quiet rural area that allows for country living, gardening, backyard animals and sustainable living within a short distance from shopping, dining, and city life. "

LGBTQ Local Legal Protections

Benji Estrellado, Cheney Realty, Inc.
Agent Phone: (509) 990-9221
Based on information submitted to the MLS GRID as of 2026-07-12 06:58:00 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
706 2nd St, Cheney, WA 99004 is a 13 bedroom, 39 bathroom, 5,292 sqft multi-family built in 1900. This property is currently available for sale and was listed by SMLS as distributed by MLS GRID on Apr 23, 2026. The MLS # for this home is MLS# 202616001.