Welcome to this beautifully remodeled 2-bedroom, 1-bath home that blends modern comfort with timeless charm. Step inside to find fresh interior paint, all-new flooring, and a fully renovated kitchen and bathroom. This home has been thoughtfully updated with a roof that was completely redone in 2022, an updated electrical panel and new gutters installed ensuring peace of mind for years to come. The exterior-access basement provides excellent extra storage space, ideal for tools, seasonal items, or a small workshop. Outside, enjoy the large, open backyard—a wonderful setting for entertaining, gardening, or relaxing under the stars. With plenty of room to expand, the property offers potential for an additional dwelling unit (ADU) or other future projects. Move-in ready and beautifully finished, this home is a perfect blend of style, comfort, and opportunity.
Single-familyProperty Type
1940Year Built
5,000 sq ftLot Size
$320Est. Price/Sq.Ft.
Listed by Cassie Day• Touchstone Real Estate Group
Bought with Elizabeth Stuckrath• Windermere Valley
Great investment opportunity or first home on a corner lot in Cheney! This charming, easy-to-maintain bungalow is just waiting for your creativity to bring it to life! With all one-floor living and a lovely and spacious kitchen including plenty of cabinet space, this would make a fantastic rental house due to the proximity to the university and downtown area or a blank canvas starter home. The fully fenced back yard is large enough for a garden and pets, and there is even off-street parking! New roof and newer appliances! This could be the place you are looking for to make your first home, or your first investment property. Schedule a showing today! Check the flexible zoning status for additional opportunities on investment.
SPOKANEMLS as Distributed by MLS Grid #202025974
Feb 26, 2021
Pending
—
Feb 26, 2021
Sold
$185,000
$197/sq ft
Jan 24, 2021
Pending
—
Dec 24, 2020
Price Changed
$180,000
$191/sq ft
Dec 24, 2020
Listed
$170,000
$181/sq ft
SPOKANEMLS as Distributed by MLS Grid #202022831
Oct 16, 2020
Listing Removed
—
Sep 28, 2020
Listed
$170,000
$181/sq ft
SPOKANEMLS as Distributed by MLS Grid #27023084
Aug 17, 2007
Sold
$115,000
$122/sq ft
Jun 14, 2007
Listed
$115,000
$122/sq ft
Public Records
Aug 15, 1997
Sold
$65,000
$69/sq ft
Public Records
May 6, 1977
Sold
$10,500
$11/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$2,753 (+17.7%)
$55,000 + $156,700
$211,700
2025
$2,338 (+10.2%)
$55,000 + $156,700
$211,700
2024
$2,121 (+17.6%)
$75,000 + $151,300
$226,300
2023
$1,804 (+11.0%)
$75,000 + $139,700
$214,700
2022
$1,625 (+128.2%)
$40,000 + $106,100
$146,100
2021
$712 (−49.2%)
$31,500 + $92,500
$124,000
2020
$1,402 (+18.4%)
$30,000 + $84,400
$114,400
2019
$1,183 (−9.4%)
$28,000 + $73,700
$101,700
2018
$1,307 (+15.9%)
$28,000 + $65,200
$93,200
2017
$1,127 (+5.1%)
$28,000 + $65,200
$93,200
2016
$1,072 (+7.8%)
$28,000 + $57,400
$85,400
2015
$994
$28,000 + $52,500
$80,500
Tax history for 723 2nd St
Year
Property tax
Land + Additions
Assessment*
2026
$2,753 (+17.7%)
$55,000 + $156,700
$211,700
2025
$2,338 (+10.2%)
$55,000 + $156,700
$211,700
2024
$2,121 (+17.6%)
$75,000 + $151,300
$226,300
2023
$1,804 (+11.0%)
$75,000 + $139,700
$214,700
2022
$1,625 (+128.2%)
$40,000 + $106,100
$146,100
2021
$712 (−49.2%)
$31,500 + $92,500
$124,000
2020
$1,402 (+18.4%)
$30,000 + $84,400
$114,400
2019
$1,183 (−9.4%)
$28,000 + $73,700
$101,700
2018
$1,307 (+15.9%)
$28,000 + $65,200
$93,200
2017
$1,127 (+5.1%)
$28,000 + $65,200
$93,200
2016
$1,072 (+7.8%)
$28,000 + $57,400
$85,400
2015
$994
$28,000 + $52,500
$80,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.