1140 SE Colonial Drive, College Place, WA 99324
- $499,000
- 3,034
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $499,000
- Status
- ACTIVE
- MLS#
- 2501897
- Price Change
- ▼ $25,000 1781248795
- Days on Market
- 125
- Style
- 52 - Duplex
- Finished SqFt
- 3,034
- Area Total SqFt
- 3034
- Annual Tax Ammount
- 3962
- Internet Provider
- Spectrum
- Lot Size (sq ft)
- 7,501
- Sewer
- Sewer Connected
Property Description
Multi-generational or income opportunity! Spacious and beautifully updated 5-bedroom, 3-bath home in College Place! With thoughtful upgrades throughout, this home offers room for everyone and flexible living options. The main floor features an open-concept living and kitchen area filled with natural light, along with a cozy sunroom perfect for relaxing year-round. You’ll also find 3 bedrooms and 2 full bathrooms on the main level. Downstairs, the fully finished basement offers incredible potential for multigenerational living or rental income, complete with a second kitchen, separate exterior entrance, 2 bedrooms, 1 bathroom, a large living room, and an additional bonus room. Outside, enjoy a fully fenced yard, large deck for entertaining, dog run, and a two-car garage. This versatile home combines comfort, space, and opportunity—don’t miss your chance to make it yours!
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Additional Information
- List Date
- 2026-03-27 18:28:35
- Community
- College Place
- Net Operating Income
- $25,162
- Gross Adjusted Income
- $35,520
- Gross Scheduled Income
- $38,400
- Total Monthly Income
- $3,200
- Insurance Expenses
- $1,356
- Water/Sewer/Garbage Expenses
- $2,160
- Gross Rent Multiplier
- 2
- Total Expenses
- $10,358
- Cap Rate
- 11
- Vacancy Rate
- 2
- Total Number of Units
- 2
- Unit Name
- 1140
- Potential Terms
- Cash, Conventional, FHA, USDA Loan
- Year Built
- 1981
- Roof
- Composition
- Site Features
- Cable TV, Deck, Dog Run, Fenced-Fully, High Speed Internet
- Other Expenses
- 2880
- Energy Source
- Electric
- School District
- College Place
- Elementary School
- Davis Elem
- Middle School
- John Sager Mid
- High School
- College Place High School
- Total Monthly Income
- $3,200
- Gross Scheduled Income
- $38,400
- Vacancy Rate
- 2
- Gross Adjusted Income
- $35,520
- Tax Year
- 2026
- Insurance Expense
- $1,356
- W/S/G Expenses
- $2,160
- Total Expenses
- $10,358
- Net Operating Income
- $25,162
- Gross Rent Multiplier
- 2
- Cap Rate
- 11
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.