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    516 E Pine St Walla Walla, WA 99362

    For Sale
    $1,500,000

    Five+ Plex - Walla Walla, WA

    Property size:
    8,236 SF
    Days on Market:
    26
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 516 E Pine St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Multi-family Re
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    17
    Interior features
    Bath-master, Carpet(s), Dining-eat In, Dining-liv/Combo, Drapes/Curtains/Blinds, Utility Closet, Utility Room, Windows-double, Windows-vinyl, Laminate, New Floor Cover, Tile, Vinyl
    Size
    8,236 SF

    Utilities

    Heating system
    Baseboard

    Building Details

    Year built
    1985
    Number of units
    9
    Flooring type
    Carpet, Laminate, Tile, Vinyl
    Building materials
    Concrete, Frame
    Architectural style
    Other

    RE/MAX Professionals (509) 736-3344

    Listing agent Nate Biehl (509) 736-3344 License #2252

    Listing date Nov 19, 2025

    MLS# 287443 Listing URL

    Copyright © 2025 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multi-Unit Investment Property

    This property features a total of nine units in a prime Walla Walla location near Whitman College. The parcel includes a fully remodeled 4-plex consisting of ground-level 2-bedroom, 1-bath units with fresh paint, new doors, cabinetry, and granite counters. Adjacent to the 4-plex is a well-maintained 5-plex, offering a mix of two 1-bedroom, 1-bath units, two 2-bedroom, 1-bath units, and one spacious 3-bedroom, 2-bath unit. Updates to the property include new and newer roofs, cement board siding on both buildings, and exterior paint. A brand new asphalt parking lot was installed in Fall 2021. The property is located within walking distance of Whitman College, ballfields, and nearby parks. Its proximity to downtown Walla Walla, shopping, restaurants, and local wineries makes it desirable for both long-term renters and short-term rentals. The property size is 8,236 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Walla Walla
    County
    Walla Walla
    State
    Washington
    Longitude
    -118.3382814
    Latitude
    46.074463

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    FAQs

    What type of property is this?
    Apartment building - Nine units near Whitman College with strong rental appeal.
    Where is this apartment building located?
    The property is located at 516 E Pine St Walla Walla, WA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Prime Location: Near Whitman College, ballfields, parks, downtown Walla Walla, shopping, restaurants, and wineries.; - Nine Units: Includes a remodeled 4-plex and a well-maintained 5-plex.; - Remodeled 4-Plex: Features new paint, doors, cabinetry, and granite counters.
    (509) 736-3344
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    516 E Pine St Walla Walla, WA 99362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    516 E Pine St Walla Walla, WA 99362
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