$550,000

540 SE Mckenzie St., Pullman, WA 99208

  • 6 beds |
  • 4 baths |
  • 2,416 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $228/sqft
  • Property List Date Icon Listed 9 days ago

Property Description

MLS# 291527 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.

Listing Status:
Active
Data Last Updated:
April 4, 2026 at 7:45AM
Listing Office:
Kelly Right Real Estate TC : 509-392-5867
Listing Agent:
Emily Woellhof-Heinz :
MLS ID:
291527
  • General: Bath-MasterDining-Kitchen/ComboDining-Liv/ComboStorageUtility RoomWalk-In Closet(s)
  • Appliances: DryerRange/OvenRefrigeratorWasherOvenAppl-ElectricUnit 1/Range/OvenUnit 1/RefrigeratorUnit 2/Range/OvenUnit 2/RefrigeratorUnit 3/Range/OvenUnit 3/RefrigeratorUnit 4/Range/OvenUnit 4/Refrigerator
  • A/C: None
  • Heating: Baseboard
  • Parking: No GarageOff Street
  • Roofing: Composition
  • Windows: Windows-Vinyl
  • General: Wood SidingConcrete Perimeter
  • Road/Access: Paved
  • Golf: Sidewalks
  • Originating MLS: PACMLS
  • School District: Pullman
  • County: Whitman
  • View: View/PartialView
  • Fencing: Partial
  • Utilities: Sewer ConnectedElectricity ConnectedSeparate MetersElectricity on Property
  • Water: Public
  • Source: PACMLS

This listing courtesy of Emily Woellhof-Heinz , Kelly Right Real Estate TC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Sunnyside Elementary School

425 SW Shirley St, Pullman, WA, 99163

Grades KG-5

0.55 miles away

L

Lincoln Middle School

315 SE Crestview St, Pullman, WA, 99163

Grades 6-8

0.69 miles away

P

Pullman High School

510 NW Greyhound Way, Pullman, WA, 99163

Grades 9-12

1.38 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.