821 Valencia Street, Walla Walla, WA 99362

$649,000
3,055
SqFt

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Listing courtesy of Williams Team Homes LLC.

List Price
$649,000
Status
ACTIVE
MLS#
2545336
Days on Market
33
Style
52 - Duplex
Finished SqFt
3,055
Area Total SqFt
3055
Annual Tax Ammount
4197
Lot Size (sq ft)
7,884
Sewer
Sewer Connected

Property Description

Exceptional investment opportunity near Whitman College! Full of historic charm and rental appeal, this spacious property offers a total of 9 bedrooms and 3 bathrooms—featuring a 6-bedroom, 2-bath main home and a 3-bedroom, 1-bath accessory unit. Ideally located near Whitman College, this property has a strong rental history and is currently leased on a 12-month agreement, providing immediate income. The classic architecture, ample living space, and unbeatable location make this a standout addition to any portfolio. Whether you're an experienced investor or just getting started, this is a rare find in a high-demand area.

Additional Information

List Date
2026-06-25 21:28:20
Community
Walla Walla
Net Operating Income
$54,521
Gross Adjusted Income
$63,900
Gross Scheduled Income
$63,900
Total Monthly Income
$5,325
Insurance Expenses
$1,582
Water/Sewer/Garbage Expenses
$3,600
Gross Rent Multiplier
10
Total Expenses
$9,379
Cap Rate
8.4
Total Number of Units
2
Unit Name
821
Potential Terms
Cash
Year Built
1915
Roof
Composition
Site Features
Cable TV, Fenced-Partially, High Speed Internet, Patio
Energy Source
Electric, Natural Gas
School District
Walla Walla
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Walla Walla High
Total Monthly Income
$5,325
Gross Scheduled Income
$63,900
Gross Adjusted Income
$63,900
Tax Year
2026
Insurance Expense
$1,582
W/S/G Expenses
$3,600
Total Expenses
$9,379
Net Operating Income
$54,521
Gross Rent Multiplier
10
Cap Rate
8.4
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.

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