Number of Units:   9
Units Below Grade:   1
Features:   Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Sprinkler System
Vacancy Rate:   3.00

Financial
Water/Sewer/Garbage:   $7,006
Insurance Expenses:   $3,672
Other Expenses:   $8,229
Total Expeses:   $24,609
Total Monthly Income:   $12,635
Net Operating Income:   $128,165
Gross Adjusted Income:   $147,071
Gross Scheduled Income:   $151,620
Cap Rate (NOI / Listing Price):   $8.54
Gross Rent Multiplier:   $10.00

Year Built:   1985
Building Condition:   Updated/Remodeled
Number of Stories:   1
Roof:   Composition
Exterior:   Wood, Wood Products
Floor Covering:   Laminate, Vinyl Plank, Carpet
Foundation:   Poured Concrete
Approx. Sq Ft:   8,236
Leased Items:   Washer/Dryer

Lot Size:   21,601 Sq Ft
Lot Dimensions:   120x180
Lot Details:   Alley, Corner Lot, Curbs, Paved, Sidewalk

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

Parking
Number of Uncovered Parking Spaces:   10
Total Number of Parking Spaces:   10

Address:   516 E Pine Street, Walla Walla, WA 99362
City:   Walla Walla
State:   
Zip Code:   99362
Latitude:   46.07454300
Longitude:   -118.33817800
Driving Directions:   E Rose St, N on N Park St, property is on the corner of N Park St and E Pine St

Community Name:   Walla Walla
School District:   Walla Walla

County:   Walla Walla
Tax Number:   360720572901
Zoning Jurisdiction:   City
Tax Amount:   $5,702   Tax amount may change after sale.
Tax Year:   2024

Listing Price:   $1,500,000
Potential Terms:   Cash Out, Conventional
3rd Party Approval Required:   None
Possession Allowed:   Closing, Subject to Tenant Rights
Preliminary Title Ordered:   Yes

Listing Number:   2433356
Listing Status:   Active
Listing Office:   RE/MAX Northwest
Co-listing Office:   RE/MAX Northwest
Listing Date:   2025-09-13
MLS Area:   Southeast Walla Walla County
Square Footage Source:   Assessor
Marketing Remarks:   Excellent Walla Walla investment property! Located near Whitman College ballfields, this single parcel features a fully remodeled 4-plex of ground-level 2 bed/1 bath units with new paint, doors, cabinetry, and quartz/granite counters. A well-maintained 5-plex offers four 2 bed/1 bath units plus one spacious 3 bed/1 bath. Updates include new and newer roofs, fresh siding on the 4-plex, and exterior paint. Just a short walk to Whitman College, this prime location offers strong rental appeal and long-term value.

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.