Property Details
309 E Sumach Street
Walla Walla, WA 99362
$565,000
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Property Overview
Rare 4-plex investment opportunity in the heart of Walla Walla. Within walking distance to Whitman College, Main Street and a vibrant selection of restaurants, tasting rooms, boutique retail shops and hotels. Exceptional rental demand and long term stability due to it's central location and appeal to students. Two 2 bed/1 bath units & two 1 bed/1 bath units. Ground floor units are equipped with in-unit washer dryers, dishwashers, PTAC AC and a shared front porch. Top 2 units share laundry and have window AC units. Ground floor units have been fully remodeled and upper units have been cosmetically remodeled. 2 on-site garages with add value opportunity. $75/mo RUBS for 3 units, $65/mo RUBS for 1 unit.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Walla Walla
Neighborhood
Walla Walla
Listed
Mar 9, 2026
Financial Summary
Cap Rate
6.98%
Net Operating Income
$39,483
Gross Scheduled Income
$62,040
Gross Rent Multiplier
9.10
Total Expenses
$20,719
Vacancy Rate
3.0%
Building & Use
Building Sq Ft
4,353
Leasable Area
4,353 sqft
Total Units
4
Zoning
Commercial,Multi-Family
Possible Use
Commercial, Multi-Family
Lot Size
7,200 sqft
Year Built
1900
Exterior & Lot
Lot Size
0.17 sqft
Year Built
1900
Garage
4 spaces
Exterior Materials
Wood
Sewer
Available
Water Source
Public
Lot Features
Alley, Curbs, Paved, Sidewalk
Exterior Features
Wood, Wood Products
Location
City
Walla Walla
County
Walla Walla
Coordinates
46.07126, -118.33770
Additional Information
Tax Year
2026
Annual Taxes
$2,814
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
