516 E Pine Street Walla Walla, WA $ 1,500,000
516 E Pine Street
$ 1,500,000
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516 E Pine Street

Walla Walla, WA, 99362
$ 1,500,000
Baths0.0 Sq 8,236

Monthly Estimate*

$ 9,236

Listed by VRG Realty LLC
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Studio

Multi-Family Home for sale in Walla Walla, WA

for $1,500,000. This 8,236 square foot home was built in 1985 on a lot size of 0.4959.

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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Multi-Family Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 8,556

Style

5-9 Units

Lot Size

0.4959

Year Built

1985

Town/City

Walla Walla

County/Region

Walla Walla

MLS | Web ID

2536863

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Window Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1985
Property Subtype Multi Family
Tax Year 2026
County Walla Walla
Net Operating Income 106000
Insurance Expense 2308
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Walla Walla
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Park to Pine
City Walla Walla
Senior Community Y/N N
High School District Walla Walla
Zoning Description Residential
Number Of Units Total 9
MLS Area 933 - Southeast Walla Walla County
Lot Size Units Square Feet
Lot Size Square Feet 21601
Carport Spaces 0
Carport Y/N N
Listing Terms Cash See Remarks
Tax Annual Amount 8556
Electric Expense 0
Fuel Expense 0
Property Condition Good
Public Remarks 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-pl
Leasable Area 8236
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Basement Storage
Water Company City of Walla Walla
Units Below Grade true
Units In Building Total 9
Water Sewer Garbage 14387
Property Style 55 - 5-9 Units
Cap Rate 7.1
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Exterior
Exterior Amenities Cement Planked
Lot Features Corner Lot Curbs Paved Sidewalk
Water Source Public
Total Parking 14
Foundation Details Poured Concrete
Building Area Total 8236
Lot Dimensions 120x180
Lot Size Acres 0.4959
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Cable TV Fenced-Partially High Speed Internet Sprinkler System
Parking Uncovered Total 14
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Interior
Flooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric Natural Gas
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2536863
Street Number 1 516
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* Excluded Features
List By
Nate Biehl

Listing Agent

Vrg Realty Llc

Broker

Affordability Calculator

$9,949
Per Month
93%
7%
0%
Monthly Principal & Interest
$9,236
Monthly Property Taxes
$713
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
258282 Elementary School
258079 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$1,500,000 Listed Price

Map


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516 E Pine Street, Walla Walla, WA, 99362 is a Multi-Family Home for sale at $1,500,000 with 8,236 sqft and a lot size of 0.4959. 516 E Pine Street is a studio with 0.0 baths and was built in 1985. The property's zip code is 99362 which is in Walla Walla, WA