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Well-Maintained Quadplex Investment

540 SE McKenzie St Pullman, WA 99208

540 SE McKenzie St, Pullman, WA, 99208
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For Sale
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Quadplex with three occupied units and a fourth unit used as a short-term rental, on two city parcels.

Property Size2,416 SF
Lot Size0.25 Acres
Price / SF$227.65
Days on Market112

Property Features for 540 SE McKenzie St

General Information

Standard status
Active
Size
2,416 SF
Lot size
0.25 Acres
Property subtype
Multifamily

Building Details

Year Built
1948
Listing agency Kelly Right Real Estate
Listed by Emily Heinz · License #SP56522
Source Crexi
Added: Apr 1 Updated: Jul 21 at 12:18PM Checked: Jul 21 at 12:18PM

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 Kelly Right Real Estate


Investment Insights

Based on property information with market context.

This well-maintained quadplex offers over 2,500 square feet of living space and is set on an approximately 11,000 square foot lot spanning two city parcels. Three of the four units are currently occupied, providing immediate rental income, while the fourth unit is operated as a successful Airbnb and can be made available for an owner-occupant if desired. Numerous updates and improvements have been completed to enhance the property’s functionality and appeal.

Located in Pullman, the property is described as being near both WSU campus and downtown, with easy access to campus, shopping, dining, and public transportation.

The seller indicates a cap rate over 6% and a proven rental history. Tenant occupied—minimum 24-hour notice is required for showings.

Key Highlights

  • Quadplex built in 1948 with 2,500+ sq ft of living space
  • 11,000 sq ft lot spanning two city parcels
  • Three units currently occupied for immediate rental income

Property Analytics

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Big Box & Wholesale Store Furniture & Home Goods (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Plumbing Service Florist Tattoo & Piercing Shop Tanning Salon Catering Service

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

FAQs

What type of property is this?
Quadplex - Quadplex with three occupied units and a fourth unit used as a short-term rental, on two city parcels.
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 $550,000.
What are key features of this property?
This property features: Quadplex built in 1948 with 2,500+ sq ft of living space; 11,000 sq ft lot spanning two city parcels; Three units currently occupied for immediate rental income
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