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Listing provided courtesy of Coldwell Banker Bain- MLS# 390592208MLS ProviderContact Information: 360-892-7325

204 SE 12TH STCollege Place, WA 99324

Multi-Family · 5,610 Sq. ft. | 0.62 Acres
$995,000 Active

204 SE 12TH ST Overview

Time on Site:
305 days
Visits:
7

TURN-KEY APARTMENT INVESTMENT PROPERTY with professional property management and tenants in place. Eight Unit Apartment includes SIX 2 bedroom & 1 bath units, ONE 1 bedroom one bath unit, and ONE studio unit. Open kitchen with renovated fixtures, paint, floorings and all units have new Heat/AC mini-split systems. Property is 100% rented after 2 years of renovations and stabilization. ??Property is conditionally underwritten for a 30 Year - 70% LTV loan and or OWNER FINANCING with LOW RATE. Excellent 1031 Exchange opportunity!

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204 SE 12TH ST Facts & Features

  • Type Multi-Family
  • Sq. ft. 5,610
  • Price/Sq.ft. $177
  • Lot 0.62 Acres

Details

General

School Information

  • Elementary School: Other
  • Middle Or Junior School: Sager
  • High School: College Place

Income/Expenses

  • Gross Income: 103380.0
  • Net Operating Income: 73558.0
  • Operating Expense: 29822.0

Building Information

  • Year Built: 1925

Location/Region

  • Country: US
  • County Or Parish: Walla Walla
  • MLS Area Major: 89 - Walla Walla County

Rent/Lease Information

  • Rent Includes: Maintenance Grounds,Sewer,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 5552.0
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Conventional,Other
  • Parcel Number: 4427
  • Property Condition: Updated/Remodeled
  • Property Type: Multi Family
  • Zoning: R4

Interior

Building Interior

  • Building Area Total: 5610.0

General Information

  • Cooling: Mini Split,Wall Unit(s)
  • Heating: Mini Split,Wall Heater
  • Stories: 1

Exterior

Parking Information

  • Parking Features: Covered,Open
  • Parking Total: 20.0

Lot Information

  • Lot Features: Commons,Level,Public Road,Trees
  • Lot Size Acres: 0.62
  • Lot Size Square Feet: 27007.0
  • Road Surface Type: Paved
  • Water Source: Public Water

Waterfront/View

  • Waterfront Features: Other

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 8
  • Sewer: Public Sewer

204 SE 12TH ST Neighborhood

Community

99324 (College Place) Demographics

36
Median Age
3,189
Population Density (per sq. mile)
48%
College Educated
$52,403
Estimated Median Income
2,360
Estimated Total Home Owners
1,505
Estimated Total Renters
61% / 39%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

204 SE 12TH ST Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

204 SE 12TH ST Market Data

Based on the last 30 days in this zip code

$481,995
Average List Price
$247
Average Price per Square Foot
12
Properties Sold
110
Average Days on Market
76
Properties for Sale
Calculations provided by Reliance Network

204 SE 12TH ST History

Date Event Value Agent
11/25/2025Source: Regional MLS Price Reduction
$995,000 -5.2%
10/1/2025Source: Regional MLS Price Reduction
$1,050,000 -8.7%
8/28/2025Source: Regional MLS Added to Database
August 28, 2025
6/20/2022Source: NWMLS Added to Database
June 01, 2021
6/20/2022Source: NWMLS Added to Database
June 01, 2021