Listing provided courtesy of VRG Realty LLCNWMLSas Distributed by MLSGrid- MLS# NWM2536863
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Request Info516 E Pine StreetWalla Walla, WA 99362
Multi-Family · 17 Beds · 8,236 Sq. ft. | 0.50 Acres$1,500,000
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516 E Pine Street Overview
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Excellent Walla Walla investment property! Located near Whitman College ballfields, this single parcel features a fully remodeled 4-plex and a well-maintained 5-plex, delivering 9 total units. The 4-plex consists of ground-level 2-bedroom, 1-bathroom units completely upgraded with new paint, doors, cabinetry, and quartz/granite counters. The neighboring 5-plex offers four 2-bedroom, 1-bathroom units plus one spacious 3-bedroom, 1-bathroom layout, featuring one daylight basement unit with the remaining units at ground level. Extensive updates include new and newer roofs, fresh siding on the 4-plex, and crisp exterior paint. Just a short walk to Whitman College, this prime location offers strong rental appeal and long-term value. The property is fully rented to maximize your immediate cash flow, except for one unit in the 4-plex left vacant for convenient viewing. Showings are gladly permitted on the vacant unit, while the remaining apartment interiors are viewable after a mutually accepted offer. Grab this premier income-producing portfolio addition today!
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516 E Pine Street Facts & Features
- Type Multi-Family
- Sq. ft. 8,236
- Price/Sq.ft. $182
- Lot 0.50 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Walla Walla
Income/Expenses
- Other Expense: 9000
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 147720
- Insurance Expense: 2308
- Net Operating Income: 106000
- Total Expenses: 34251
- Total Monthly Income: 12310
- Water/Sewer/Garbage: 14387
Building Information
- New Construction: No
- Year Built: 1985
Location/Region
- Country: US
- County Or Parish: Walla Walla
- MLS Area Major: 933 - Southeast Walla Walla County
- Subdivision Name: Walla Walla
Community/Development
- Amenities: Basement,Storage
Tax Information
- Tax Annual Amount: $8,556.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, See Remarks
- Parcel Number: 360720572901
- Possible Use: Residential
- Property Condition: Good
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 8236
- Building Area Units: Square Feet
- Calculated Square Footage: 8236
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 8236
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric,Natural Gas
- Security Features: Partially Fenced
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 14
- Parking Uncovered Total: 14
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Curbs, Paved, Sidewalk
- Lot Size Acres: 0.4959
- Lot Size Dimensions: 120x180
- Lot Size Square Feet: 21601
- Lot Size Units: Square Feet
- Site Features: Cable TV, Fenced-Partially, High Speed Internet, Sprinkler System
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Cement Planked
- Number Of Units Total: 9
- Sewer: Sewer Connected
Unit Information
Unit 5 Details
- Actual Rent: 1095
- Beds Total: 2
- Baths Total: 1
Unit 8 Details
- Actual Rent: 1095
- Beds Total: 2
- Baths Total: 1
Unit 9 Details
- Actual Rent: 1295
- Beds Total: 3
- Baths Total: 2
Unit 4 Details
- Actual Rent: 1495
- Beds Total: 2
- Baths Total: 1
Unit 1 Details
- Actual Rent: 1495
- Beds Total: 2
- Baths Total: 1
Unit 2 Details
- Actual Rent: 1495
- Beds Total: 2
- Baths Total: 1
Unit 3 Details
- Actual Rent: 1525
- Beds Total: 2
- Baths Total: 1
Unit 6 Details
- Actual Rent: 995
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 995
- Beds Total: 1
- Baths Total: 1
516 E Pine Street Neighborhood
Community
99362 (Walla Walla) Demographics
38
Median Age
130
Population Density (per sq. mile)
41%
College Educated
$60,413
Estimated Median Income
9,927
Estimated Total Home Owners
5,807
Estimated Total Renters
63% / 37%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.516 E Pine Street Monthly Cost
516 E Pine Street Market Data
Based on the last 30 days in this zip code
$644,242
Average List Price
$275
Average Price per Square Foot
44
Properties Sold
95
Average Days on Market
297
Properties for Sale
516 E Pine Street History
| Date | Value | Agent |
|---|---|---|
| 6/8/2026Source: NWMLS | June 08, 2026 |