Tower View Apartment
For Sale
$1,400,000
108 SE 6th St, College Place, WA 99324
Multi-building residential income property with renovated units and updated building systems.
Property SizeContact for details
Lot Size0.61 Acres
Days on Market82
Property Features for 108 SE 6th St
General Information
Standard status
Active
Lot size
0.61 Acres
Property subtype
Multifamily
Occupancy
95%
Units
Unit Mix
8 x 2BR/1BA, 3 x 1BR/1BA
Multifamily Units
11
Additional Details
Cap Rate
6.24%
Amenities
RENTAL UPSIDE - Strong Upside in Already Achieved Rents
DESIRABLE UNIT MIX - Primarily All Attractive High Demand Two-Bedroom Units
TIGHT OCCUPANCY - Extremely Low Vacancy on Highly Sought After Location
CIVIC CORE LOCATION - Ideally Located Next to City Hall, Police Headquarters and Fire Station
PROFESSIONAL OVERSIGHT - Professionally Managed and Maintained
Building Details
Buildings
4
Units
11
Listing Agency:
MARCUS & MILLICHAP, INC.
(503) 200-2064
Listed By:
Nygel D. Drury · License #License(s): OR: 201232300
(503) 200-2064
Source:
Marcusmillichap
Added: Jun 11
Changed: Aug 30
Last Checked: Aug 30 at 8:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP, INC.
Investment Insights
Based on property information with market context.
Tower View Apartments comprises 11 units across four residential buildings on a 0.61-acre tax lot. The configuration includes one fourplex, one triplex, and two duplexes, with eight two-bedroom, one-bathroom units and three one-bedroom, one-bathroom units ranging from approximately 500 to 843 square feet. Six units have been renovated with newer appliances, LVP and carpet flooring, cadet heating, and in-wall air conditioning.
Three structures date from 1975 to 1982, while the original 1910 building has received modernization work. Roofs were replaced on all four buildings within the past 10 years, and three buildings have upgraded ABS plumbing with copper supply lines. The property is near Walla Walla University and downtown Walla Walla in College Place, Washington.
Three structures date from 1975 to 1982, while the original 1910 building has received modernization work. Roofs were replaced on all four buildings within the past 10 years, and three buildings have upgraded ABS plumbing with copper supply lines. The property is near Walla Walla University and downtown Walla Walla in College Place, Washington.
Key Highlights
- 11‑unit multifamily property across four residential structures
- Unit mix includes eight two‑bedroom units and three one‑bedroom units
- Fourplex, triplex, and two duplexes on a 0.61‑acre tax lot
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 99324, WA
10,226
Population
3,601
Households
2.8
Avg Household Size
36
Median Age
37%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
3,652
Density / Sq Mi
$64,485
Median Household Income
$29,650
Median Earnings
$1,121
Median Rent
$338,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multi-building residential income property with renovated units and updated building systems.
Where is this apartment building located?
The property is located at 108 SE 6th St College Place, WA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 11‑unit multifamily property across four residential structures; Unit mix includes eight two‑bedroom units and three one‑bedroom units; Fourplex, triplex, and two duplexes on a 0.61‑acre tax lot
