
Listed by Kelly Right Real Estate
$539,999
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

Listed by Kelly Right Real Estate
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