Property Details
741 Boyer Avenue
Walla Walla, WA 99362
$1,250,000
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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
