5 months on rocket

706 2nd St, Cheney, WA, 99004

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
5,292 SqFt
$104/SqFt
Multi

Location

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706 2nd St, Cheney$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOff Site
Year Built1999
HeatingGas, Forced Air
BasementYes
MLS #202419715
Lot Size0.23 Acres
StatusActive

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Rancher
  • Year Built: 1999
  • Stories: 1
  • Living Area: 5,292 SqFt

Listing Office:

  • Office Name: Cheney Realty, Inc.
  • Office Phone: (509) 235-6191
  • Listing Agent: Benji Estrellado

Interior Features

Interior Information:

  • Appliances: Gas Cooktop, Dishwasher, Refrigerator
  • Basement: Yes
  • Interior: Windows Vinyl

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: None

Parking Information:

  • Parking: Off Site

Lot Features

Lot Information:

  • Lot: Level, Corner Lot, Fencing
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Gas, Forced Air

Other

Directions Information:

  • Directions: GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $3,215
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Cheney, WA.

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Cheney, WA

City

Med. Sold Price

$424.3K

Med. Price/SqFt

$224

Avg. Days On Market

39

# of Sold Homes

12

706 2nd St vs Cheney

158 DAYS ON ROCKET

+119 Days

$550,000

+$125.6K More

$104/SqFt

-$121 Less

KEY TAKEAWAY

This property is $125.6K more than the Median Sold Price and $121/SqFt less than other homes in Cheney, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SARMLS
  • MLS Number: #202419715

Listing Office:

  • Office Name: Cheney Realty, Inc.
  • Office Phone: (509) 235-6191
  • 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.

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 2024 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: 12/18/2024, 1:11:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

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

Tax History

YEARPROP. TAXASSESSMENT
2021$3,215$281,300
2020$3,406$279,400
2018$2,939$246,700
2017$3,286$240,800

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4556269
6
/10

  • Betz Elementary School

  • 317 N 7th St

  • 0.43 miles

  • Public District Grades PK-5

school-card-donut-4556270
4
/10

  • Salhave Elementary School

  • 1015 Salnave Rd

  • 1.15 miles

  • Public District Grades PK-5

school-card-donut-4556271
7
/10

  • Hallett Elementary School

  • 524 N Hallett St

  • 7.30 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $16,081. Typical income of Cheney, WA residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Washington›Spokane County›Cheney›99004›706 2nd St

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. It has been listed on Rocket Homes since July 12, 2024 and is currently priced at $550,000.

In November 2024, from all listings sold in Cheney, WA there were more than 4 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. Between October 2024 and November 2024, Cheney, WA real estate market has seen increase in the number of listings by 13.2%. In November 2024 median list price was $424,397 and the average listing age was 39 days.

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

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