309 NE Ash Street, College Place, WA 99324

$360,000
2,172
SqFt

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Listing courtesy of Williams Team Homes LLC.

List Price
$360,000
Status
ACTIVE
MLS#
2568820
Days on Market
30
Style
53 - Tri-plex
Finished SqFt
2,172
Area Total SqFt
2172
Annual Tax Ammount
4116
Lot Size (sq ft)
13,795
Sewer
Sewer Connected

Property Description

This triplex offers the chance to build equity and add value! The upper front unit is currently vacant, providing flexibility for an owner-occupant or a new investor. Additional units are available to view with 48 hours notice. The detached garage is included with the property and offers potential for future development or possible parceling, subject to city approval and zoning. The sewer line will be replaced prior to closing at sellers expense. Property is being sold as-is, with inspections welcome.

Additional Information

List Date
2026-08-13 18:28:12
Community
College Place
Net Operating Income
$17,921
Gross Adjusted Income
$33,600
Gross Scheduled Income
$33,600
Total Monthly Income
$2,800
Insurance Expenses
$2,227
Water/Sewer/Garbage Expenses
$4,136
Gross Rent Multiplier
10.71
Total Expenses
$15,679
Cap Rate
4.98
Total Number of Units
3
Unit Name
309
Potential Terms
Cash, Conventional
Year Built
1958
Roof
Composition
Site Features
Fenced-Partially, Outbuildings, Patio, RV Parking
Electric Expenses
1600
Other Expenses
2000
Energy Source
Electric
School District
College Place
Total Monthly Income
$2,800
Gross Scheduled Income
$33,600
Gross Adjusted Income
$33,600
Tax Year
2025
Insurance Expense
$2,227
W/S/G Expenses
$4,136
Total Expenses
$15,679
Net Operating Income
$17,921
Gross Rent Multiplier
10.71
Cap Rate
4.98
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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