741 Boyer Avenue, Walla Walla, WA 99362

$1,399,000
6,761
SqFt

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Listing courtesy of Alta Homes.

List Price
$1,399,000
Status
ACTIVE
MLS#
2532006
Days on Market
61
Style
53 - Tri-plex
Building Condition
Updated/Remodeled
Finished SqFt
6,761
Area Total SqFt
6761
Annual Tax Ammount
7243
Internet Provider
Spectrum
Lot Size (sq ft)
13,199
Sewer
Sewer Connected

Property Description

Historic charm meets exceptional investment potential in this beautifully remodeled Walla Walla property. Well-preserved hardwood floors, period built-ins, grand gathering spaces and major updates—a newer roof, updated electrical and plumbing systems, modern HVAC—for low-maintenance ownership. A versatile layout designed for generating income. The main floor features grand living areas, an office/management space, and a private owner’s suite. Upstairs are 3 furnished junior suites with compact culinary spaces - ideal for extended-stay rentals. Lower level includes 3 apartments with private entrances: studio, 1bd/1ba, and 2bd/2ba, with shared laundry facilities. Outdoor spaces are equally accommodating: covered front porch, poolside BBQ area, open patio, and four off-street parking spaces ready for 1 EV—amenities for both short & long-term tenants. Owner can provide website & systems for a turnkey short-term rental opportunity. Investors can capitalize on furnished month-to-month junior suites alongside traditional apartment leasing for diversified income streams. Utilized as an owner-occupied investment, multigenerational residence, boutique lodging property, or hybrid rental model--this property offers flexibility for a path to revenue. Located in one of Walla Walla’s most desirable neighborhoods, it sits just blocks from Whitman College and the vibrant downtown district, providing consistent demand and long-term appreciation potential.

Additional Information

List Date
2026-05-29 17:19:33
Community
Walla Walla
Net Operating Income
$20,398
Gross Adjusted Income
$41,400
Gross Scheduled Income
$41,400
Total Monthly Income
$3,450
Insurance Expenses
$2,400
Water/Sewer/Garbage Expenses
$4,200
Gross Rent Multiplier
33.79
Total Expenses
$21,002
Cap Rate
1.5
Total Number of Units
4
Unit Name
741
Potential Terms
Conventional, FHA
Year Built
1913
Roof
Composition
Site Features
Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking, Shop, Sprinkler System
Electric Expenses
6679
Energy Source
Electric, Natural Gas
School District
Walla Walla
Elementary School
Green Park Elem
Middle School
Pioneer Mid
High School
Walla Walla High
Total Monthly Income
$3,450
Gross Scheduled Income
$41,400
Gross Adjusted Income
$41,400
Tax Year
2026
Insurance Expense
$2,400
W/S/G Expenses
$4,200
Total Expenses
$21,002
Net Operating Income
$20,398
Gross Rent Multiplier
33.79
Cap Rate
1.5
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.
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