Property Details

741 Boyer Avenue
Walla Walla, WA 99362
$1,250,000
MLS# 2532006 courtesy of NWMLS Listing firm: Alta Homes

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741 Boyer Avenue , Walla Walla, WA 99362, Walla Walla

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741 Boyer Avenue , Walla Walla, WA 99362, Walla Walla

1 / 40
Multi-Family
Property Type
6,761
Bldg Sq Ft
4
Units
1.50%
Cap Rate
1913
Year Built

Property Overview

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.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Walla Walla
Neighborhood Walla Walla
Listed May 29, 2026
Original Price $1,399,000
Structure Type Triplex
Parcel Number 360721600314

Tax & HOA

Annual Property Tax $7,243 (2026)
Est. Monthly Tax $604/mo

Financial Summary

Cap Rate 1.50%
Net Operating Income $20,398
Gross Scheduled Income $41,400
Gross Rent Multiplier 33.79
Total Expenses $21,002

Building & Use

Building Sq Ft 6,761
Leasable Area 1,208 sqft
Total Units 4
Zoning Multi-Family,Residential
Possible Use Multi-Family, Residential
Lot Size 13,199 sqft
Year Built 1913

Exterior & Lot

Lot Size 0.30 sqft
Year Built 1913
Exterior Materials Brick, Wood
Parking RV Parking
Sewer Sewer Connected
Water Source Community
Lot Features Corner Lot, Paved, Sidewalk
Exterior Features Brick, Wood

Community & Access

Directions Downtown Walla Walla – East on E Main St – R onto Boyer Ave. – property on L past Clinton and corner of Madison.

Location

City Walla Walla
County Walla Walla
Coordinates 46.07115, -118.32179

Additional Information

Tax Year 2026
Annual Taxes $7,243
Possession Array
Listed By
Melissa Tetz
Alta Homes

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