Number of Units:   5
Features:   Fenced-Partially, Patio
Vacancy Rate:   1.00

Financial
Electrical Expenses:   $1,879
Water/Sewer/Garbage:   $3,414
Insurance Expenses:   $1,535
Other Expenses:   $3,155
Total Expeses:   $16,457
Total Monthly Income:   $4,700
Net Operating Income:   $37,065
Gross Adjusted Income:   $53,522
Gross Scheduled Income:   $5,788
Cap Rate (NOI / Listing Price):   $4.40
Gross Rent Multiplier:   $15.00

Year Built:   2000
Number of Stories:   2
Roof:   Composition
Exterior:   Metal/Vinyl
Floor Covering:   Vinyl, Vinyl Plank, Carpet
Foundation:   Concrete Ribbon
Approx. Sq Ft:   4,224
Leased Items:   None

Lot Size:   24,729 Sq Ft
Lot Size Source:   county
Lot Details:   Corner Lot, Curbs, Paved

Utilities
Energy Source:   Electric, Natural Gas
Power Company:   Pacific Power
Sewer Company:   City of College Place
Water Company:   City of College Place
Water Source:   Public

Parking
Number of Uncovered Parking Spaces:   4
Total Number of Parking Spaces:   4

Address:   1525 SE Valley View Terrace, College Place, WA 99324
City:   College Place
State:   
Zip Code:   99324
Latitude:   46.03520200
Longitude:   -118.38212600
Driving Directions:   From Larch, Right on SE Scenic View Dr, Left on SE Valley View Terrace. House on corner of Valley View Terrace and Valley Dr.

Community Name:   College Place
School District:   College Place

County:   Walla Walla
Tax Number:   350736340067
Tax Amount:   $5,328   Tax amount may change after sale.
Tax Year:   2024

Listing Price:   $775,000
Potential Terms:   Cash Out, Conventional, VA Loan
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

Listing Number:   2365309
Listing Status:   Active
Listing Office:   Windermere RE Walla Walla
Listing Date:   2025-04-24
Original Listing Price:   $840,000
MLS Area:   Southeast Walla Walla County
Square Footage Source:   county
Lot Size Source:   county
Marketing Remarks:   Don't miss out on this fully furnished, revenue-ready property! Whether you're a seasoned investor or just starting an owner occupied combo dwelling, this is a rare opportunity to own a versatile, income-generating property with zero upfront work. This well-maintained home features four spacious rental suites, each with a private bath-good for student housing, short-term rentals, or long-term tenants. It also includes a 2 bay garage upstairs and a single car garage on the main. The main level apartment offers 2 bedrooms, full bath, full kitchen & private entrance. Perfect for owner occupancy, a flexible ADU or an additional revenue stream.This home comes with all (nearly new) furnishings, all appliances & is situated on over 1/2 acre lot.

The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.