$229,000
 $1,229 est/mo Sourced by Back At You

1907 Melrose Street,Walla Walla, WA 99362

Walla Walla, WA 99362

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Description

TURNKEY RENTAL INVESTMENT- ESTABLISHED TENANT -WITH EXCELLENT PAYMENT HISTORY. Currently leased at $1,450 per month, plus an additional $50 monthly tenant contribution toward HOA expenses. Tenant signed 12-month lease extending through September 30, 2027. That's $18,000 in scheduled annual tenant payments, offering income continuity for the incoming owner. Excellent opportunity to acquire an established, income-producing rental property in Walla Walla! This well-maintained, 3-bedroom, 1.75 bath townhouse in the Vineyard Condos offers immediate scheduled rental income, an excellent existing tenant and recent improvements that make it an attractive addition to any investment portfolio. A 1,219-square-foot, two-story residence features a functional floor plan, updated flooring, fresh interior paint, newer carpeting, and a recently replaced washer and dryer. The kitchen appliances are included as well and the dining area opens to an outdoor patio including backyard space. The Vineyard community offers a seasonal swimming pool, covered parking, and HOA-maintained grounds. HOA dues cover water, sewer, trash, lawn care, snow removal, and common-area maintenance-helping simplify ownership and operating responsibilities. All of this adds up to contribute to a comfortable lifestyle for the new owner, or a good investment for the future. This is an appealing opportunity for buy-and-hold investors and qualified 1031 exchange buyers seeking an established rental with a tenant in place.

Details

MLS #2597638
Listing TypeFor Sale
StyleCondominium
Building NameVineyard Condos
HOA Dues$300
Sub-TypeResale
StatusActive
Year1972
Days On Site17
Listing Provided ByWindermere RE Walla Walla | Jack Conley

Features

Bed(s)3
Bath(s) 2 Total
SQ Feet1,219
Car PortYes
Story(s)2
Property ViewYes

Taxes

Property1997

Area Information

StateWA
CountyWalla Walla
CityWalla Walla
Zip Code99362
Area933 Southeast Walla Walla County
Community NameWalla Walla
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Walla Walla)
Price:
$229,000
low | high
Med:
$499,000
67.903930131004% of Average
sqft:
1,219
low | high
Med:
2,971
93.724364232978% of Average
$ / sqft:
$188
low | high
Med:
$168
60.435568637175% of Average
On site:
17
low | high
Med:
139.5
12.186379928315% of Average
Sourced by Back At You

Market Activity 99362

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Learn More About This Property

StateWA
CountyWalla Walla
CityWalla Walla
Zip Code99362
Area933 Southeast Walla Walla County
Community NameWalla Walla
School DistrictBuyer To Verify
Elementary SchoolBuyer To Verify
High SchoolBuyer To Verify
Listing VS Median (in Walla Walla)
Price:
$229,000
low | high
Med:
$499,000
67.903930131004% of Average
sqft:
1,219
low | high
Med:
2,971
93.724364232978% of Average
$ / sqft:
$188
low | high
Med:
$168
60.435568637175% of Average
On site:
17
low | high
Med:
139.5
12.186379928315% of Average
Sourced by Back At You
Listing Updated: November 3, 2026 at 5:04:00 PM PST