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Quadplex with Airbnb Unit
New
For Sale
$540,000

540 SE Mckenzie St, Pullman, WA 99163

Three residences are leased, while the remaining unit operates as a short-term rental.

Property Size2,416 SF
Lot Size0.25 Acres
Price / SF$223.51
Days on Market7

Property Features for 540 SE Mckenzie St

General Information

Standard status Active
Size 2,416 SF
Lot size 0.25 Acres
Property subtype Multi-Family

Additional Details

Public Transit Yes
Multifamily Units 4

Building Details

Year Built 1948
Buildings 1
Listing Agency: Century 21-Tri-Cities
Listed By: Pamela Caldwell
Source: Searchresultsrealtygroup
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 12 at 7:27PM

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 Century 21-Tri-Cities

Investment Insights

Based on property information with market context.

This four-unit residential property includes three occupied units and a fourth used for Airbnb stays. The site encompasses 11,000 square feet across two city parcels, and the building dates to 1948. The property has a cap rate above 6%.

The property is near WSU, downtown Pullman, shopping, dining, and public transportation. Showings require at least 48 hours’ notice because tenants occupy the property.

Key Highlights

  • Three units are occupied; the fourth is operated as an Airbnb
  • 11,000‑square‑foot lot spanning two city parcels
  • Cap rate exceeds 6%

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Furniture & Home Goods Big Box & Wholesale Store (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

944
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Three residences are leased, while the remaining unit operates as a short-term rental.
Where is this quadplex located?
The property is located at 540 SE Mckenzie St Pullman, WA.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: Three units are occupied; the fourth is operated as an Airbnb; 11,000‑square‑foot lot spanning two city parcels; Cap rate exceeds 6%
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