Multi-Family Zoned Development
For Sale
$725,000
NE Gray Lane, Pullman, WA 99163
LAND - Pullman, WA
Property SizeContact for details
Lot Size0.54 Acres
Days on Market100
Property Features for NE Gray Lane
General Information
Property type
Land
Property subtype
Other
Zoning
MULTI-FAMILY RE
Subdivision
NONE/NA
Lot features
Recorded Plat Map, Corner Lot
Directions
East on E. Main St., Right on Spring St., Left on Lentil Ln., Left on Reaney Way. Property is on the corner of Gray Ln. & Reaney Way, directly across form Reaney Park.
Standard status
Active
APN
***
Lot size
0.54 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
1884
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Magenta & Co., LLC. DBA Magenta & Co. Real Estate,
(208) 310-7346
Listed By:
Callie Younger
(208) 791-7676
Added: May 17
Changed: Jul 8
Last Checked: Aug 24 at 3:06AM
MLS# 293047
Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The offering consists of three contiguous vacant land parcels being sold together as one development site. The combined acreage is approximately 0.54 acres, and the parcels are listed as buildable lots totaling about 23,616 square feet. The lots are zoned Multi-Family Residential and are described as positioned on gently upward-sloping terrain, supporting the possibility of elevated or staggered construction with campus- and park-oriented views. Water and sewer utilities are indicated as available in the street and ready to be brought to each parcel.
The property is located on Gray Lane in Pullman, Washington, directly adjoining the entrance to Washington State University and overlooking Reaney Park. The remarks describe Reaney Park as featuring a park and pool, along with an iconic pedestrian entry trail leading to the WSU campus. The site is also described as positioned adjacent to fraternity and sorority housing and only blocks from Pullman’s downtown core.
This site is suited for developers or investors seeking a multi-family-zoned land footprint for student-oriented housing, income-producing rentals, townhomes, apartments, or a planned residential project. Because the parcels are sold together and will not be separated, the full development footprint remains intact for a unified layout across the three lots.
The property is located on Gray Lane in Pullman, Washington, directly adjoining the entrance to Washington State University and overlooking Reaney Park. The remarks describe Reaney Park as featuring a park and pool, along with an iconic pedestrian entry trail leading to the WSU campus. The site is also described as positioned adjacent to fraternity and sorority housing and only blocks from Pullman’s downtown core.
This site is suited for developers or investors seeking a multi-family-zoned land footprint for student-oriented housing, income-producing rentals, townhomes, apartments, or a planned residential project. Because the parcels are sold together and will not be separated, the full development footprint remains intact for a unified layout across the three lots.
Key Highlights
- Three contiguous vacant lots totaling approx. 23,616 SF (just over 1/2 acre) sold together as one package.
- All parcels are zoned Multi‑Family Residential for potential student housing, rentals, townhomes, apartments, or a tiered residential project.
- Utilities available: public water and public sewer, with natural gas available in/near the street for connection to each parcel.
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
999
Businesses Nearby
Explore this area
Business Placement
Demographics for 99163, WA
34,416
Population
14,888
Households
2.3
Avg Household Size
26
Median Age
63%
College-Educated
98%
High-School Grad
210.7 sq mi
ZIP Area
163
Density / Sq Mi
$46,401
Median Household Income
$18,625
Median Earnings
$1,011
Median Rent
$412,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three contiguous multi-family lots near Washington State University offer a ready-to-entitle buildable footprint.
Where is this residential land & home lot located?
The property is located at NE Gray Lane Pullman, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three contiguous vacant lots totaling approx. 23,616 SF (just over 1/2 acre) sold together as one package.; All parcels are zoned Multi‑Family Residential for potential student housing, rentals, townhomes, apartments, or a tiered residential project.; Utilities available: public water and public sewer, with natural gas available in/near the street for connection to each parcel.
