Listed by Windermere RE Walla Walla
$775,000
$65K PRICE DROP

1525 SE Valley View Terrace College Place, WA 99324

Estimated payment $4,736/month

Total Views 6,123
4 Beds
4 Baths
4,224 Sq Ft
$183 Price per Sq Ft

Highlights

  • Corner Lot
  • Patio
  • Forced Air Heating and Cooling System
  • No HOA
  • Vinyl Plank Flooring
  • Partially Fenced Property

About This Home

Don't miss out on this fully furnished, revenue-ready property! Whether you're a seasoned investor or just starting an owner occupied combo dwelling, this is a rare opportunity to own a versatile, income-generating property with zero upfront work. This well-maintained home features four spacious rental suites, each with a private bath-good for student housing, short-term rentals, or long-term tenants. It also includes a 2 bay garage upstairs and a single car garage on the main. The main level apartment offers 2 bedrooms, full bath, full kitchen & private entrance. Perfect for owner occupancy, a flexible ADU or an additional revenue stream.This home comes with all (nearly new) furnishings, all appliances & is situated on over 1/2 acre lot.

Listing Agent

Debbie Clark

Windermere RE Walla Walla License #107581 Listed on: 04/24/2025

Windermere RE Walla Walla

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2365309

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,328

Year Built

  • Built in 2000

Lot Details

  • 0.57 Acre Lot
  • Partially Fenced Property
  • Corner Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Composition Roof
  • Vinyl Construction Material

Interior Spaces

  • 4,224 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl Plank
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • College Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 350736340067

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,328

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 52 - Duplex
  • Year Built: 2000
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 4224
  • Special Features: None
  • Cumulative Days on Market: 87

Interior Features

  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl, Vinyl Plank, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • Lot Features: Corner Lot, Curbs, Paved
  • View: No
  • Waterfront: No
  • Construction Type: Metal/Vinyl
  • Exterior Features: Metal/Vinyl
  • Foundation Details: Concrete Ribbon
  • Structure Type: Duplex

Garage/Parking

  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 4
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Central A/C, Ductless
  • Cooling Y N: Yes
  • Heating: Ductless, Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Pacific Power
  • SewerCompany: City of College Place
  • WaterCompany: City of College Place
  • WaterSewerGarbage: 3414

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Fuel Expense: 1146

Schools

  • Junior High Dist: College Place

Lot Info

  • Parcel Number: 350736340067
  • Lot Size Acres: 0.5677
  • Lot Size Sq Ft: 24729
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Partially,Patio
  • MLSLotSizeSource: county
  • MLSSquareFootageSource: county

Green Features

  • Power Production Type: Electric, Natural Gas

Rental Info

  • GrossRentMultiplier: 14.51
  • LeasedItems: None
  • TotalMonthlyIncome: 4700

Multi Family

  • Gross Scheduled Income: 5788
  • Net Operating Income: 37065
  • Number Of Units Total: 4
  • Electric Expense: 1879
  • Insurance Expense: 1535
  • Leasable Area: 4224
  • EnergySource: Electric,Natural Gas
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 1

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5328

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,328 $617,380 $75,000 $542,380
2023 $5,328 $526,980 $75,000 $451,980
2022 $5,274 $526,980 $75,000 $451,980
2021 $5,978 $451,650 $75,000 $376,650
2020 $5,951 $451,650 $75,000 $376,650
2019 $4,380 $451,650 $75,000 $376,650
2018 $4,834 $354,000 $75,000 $279,000
2017 $4,651 $354,000 $75,000 $279,000
2016 $4,865 $354,000 $75,000 $279,000
2015 $4,923 $354,000 $75,000 $279,000
2014 -- $354,000 $75,000 $279,000
2013 -- $423,800 $75,000 $348,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2025 06/05/25 Price Changed $775,000 -3.0% $183 / Sq Ft
05/12/2025 05/12/25 Price Changed $799,000 -4.9% $189 / Sq Ft
04/24/2025 04/24/25 For Sale $840,000 +88.8% $199 / Sq Ft
10/29/2020 10/29/20 Sold $445,000 -3.1% $105 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $459,000 -- $109 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $445,000 Titleone A Title & Escrow Co
Interfamily Deed Transfer -- Lt
Interfamily Deed Transfer -- Ltcs
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $311,500 New Conventional
Previous Owner $185,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2365309

Northwest Multiple Listing Service (NWMLS)

APN: 350736340067