741 Boyer Avenue, Walla Walla, WA 99362
- $1,095,000
- 6,761
- SqFt
Listing Broker: Alta Homes; Melissa Tetz; 509-301-1371; melissa@ahwallawalla.com
- List Price
- $1,095,000
- Status
- ACTIVE
- MLS#
- 2532006
- 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. (Gross income listed is potential.) 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.
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Additional Information
- Community
- Walla Walla
- Net Operating Income
- $154,742
- Gross Adjusted Income
- $242,100
- Gross Scheduled Income
- $242,100
- Total Monthly Income
- $3,450
- Insurance Expenses
- $6,500
- Water/Sewer/Garbage Expenses
- $5,100
- Gross Rent Multiplier
- 4.52
- Total Expenses
- $87,358
- Cap Rate
- 14.1
- Total Number of Units
- 4
- Unit Name
- 741
- Potential Terms
- Conventional, FHA, VA Loan
- Year Built
- 1913
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Gas Available, High Speed Internet, Patio, RV Parking, Shop, Sprinkler System
- Electric Expenses
- 7000
- Other Expenses
- 60715
- 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
- $242,100
- Gross Adjusted Income
- $242,100
- Tax Year
- 2026
- Insurance Expense
- $6,500
- W/S/G Expenses
- $5,100
- Total Expenses
- $87,358
- Net Operating Income
- $154,742
- Gross Rent Multiplier
- 4.52
- Cap Rate
- 14.1
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.