Property Details
821 Valencia Street
Walla Walla, WA 99362
$649,000
Active
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Walla Walla
Neighborhood
Walla Walla
Listed
Jun 25, 2026
Structure Type
Duplex
Parcel Number
360720510705
Tax & HOA
Annual Property Tax
$4,197 (2026)
Est. Monthly Tax
$350/mo
Financial Summary
Cap Rate
8.40%
Net Operating Income
$54,521
Gross Scheduled Income
$63,900
Gross Rent Multiplier
10.00
Total Expenses
$9,379
Building & Use
Building Sq Ft
3,055
Leasable Area
3,055 sqft
Total Units
2
Zoning
Multi-Family
Possible Use
Multi-Family
Lot Size
7,884 sqft
Year Built
1915
Exterior & Lot
Lot Size
0.18 sqft
Year Built
1915
Exterior Materials
Brick, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved, Sidewalk
Exterior Features
Brick, Wood, Wood Products
Community & Access
Directions
Heading East on Isaacs, turn North on Valencia St, home is on your left.
Location
City
Walla Walla
County
Walla Walla
Coordinates
46.07576, -118.32763
Additional Information
Tax Year
2026
Annual Taxes
$4,197
Possession
Array
Based on information submitted to the MLS GRID as of July 29, 2026 2:21 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.
