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31516167
31516186

540 SE McKenzie St, Pullman, WA 99208 For Sale

EH
WA 25007619, ID SP56522
Kelly Right Real Estate
Listed by Kelly Right Real Estate
$539,999
111 days on market
Updated 10 days ago

540 SE McKenzie St.

Details
APN 1-0815-00-19-02-0002: 1-0815-00-19-03-0001: 1-0815-00-19-04-0000
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,416
Units 4
Cap Rate 6.00%
Price per SqFt $228
Year Built 1948
Acreage 0.250

Multifamily | 6.00% CAP | 4 Units

Marketing description

Prime investment opportunity in an unbeatable Pullman location near both WSU campus and downtown! This well-maintained quadplex offers strong income potential with over 2,500 square feet of living space and sits on a spacious 11,000 sq ft lot spanning two city parcels. Three units are currently occupied, providing immediate income, while the fourth unit is operated as a successful Airbnb and can be made available for an owner-occupant if desired. With a cap rate over 6% and a proven rental history, this property delivers solid returns and long-term value. Numerous updates and improvements have been completed, enhancing both functionality and appeal. Tenants enjoy easy access to campus, shopping, dining, and public transportation, making this a consistently desirable rental location. Whether you are expanding your portfolio or seeking a flexible investment with owner-occupancy potential, this property checks all the boxes. Tenant Occupied - Min 24 Hour Notice Needed.

Investment highlights

  • Garage/Parking: Off Street Spaces

Listing Contacts

EH
WA 25007619, ID SP56522
Kelly Right Real Estate
Listed by Kelly Right Real Estate

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Additional Information

Name
Emily Heinz
License
25007619
Brokerage
Kelly Right Real Estate
Brokerage Phone
(844) 535-5974
Brokerage Address
140 South Arthur Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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