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: $25K (7/7)
$525,000
706 2nd St, Cheney, WA 99004
13beds
39baths
5,292sqft
Est.:
Multi Family
Built in 1999
-- sqft lot
$507,300 Zestimate®
$99/sqft
$-- HOA
What's special
Large dining hallCommercial appliances
- 80 days
- on Zillow |
- 247 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: July 14, 2025 at 12:23am
Listed by:
Benji Estrellado 509-990-9221,
Cheney Realty, Inc.,
Trevan Estrellado 509-570-4111,
Cheney Realty, Inc.
Source: SMLS,MLS#: 202517850

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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: 10,018.8 Square Feet
- Features: Level, Corner Lot
Details
- Parcel number: 13131.1608
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Composition
Condition
- Year built: 1999
Community & HOA
HOA
- Amenities included: Gas, None
Location
- Region: Cheney
Financial & listing details
- Price per square foot: $99/sqft
- Tax assessed value: $596,600
- Annual tax amount: $5,348
- Date on market: 6/1/2025
- Listing terms: Conventional,Cash
- Road surface type: Paved
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