$269,999
Active230 SE Spring
Pullman, WA 99163
About This Home
MLS# 291335 Turnkey, high-demand investment opportunity in one of Pullman’s most sought-after locations. Just a few min walk to WSU campus and downtown! This charming home offers great bones and stunning panoramic views of Pullman, paired with strong, consistent rental performance. Currently configured as a duplex with potential to function as a triplex, this property provides excellent upside for investors & boast a cap rate over 10%! Middle Unit B is largest, feat. 2 beds, spacious living area, & in-unit wash/dry. The upper Unit C includes a cute private patio, while the bsmt level has infrastructure in place and just needs some TLC. Perfect for an owner-occupant setup. A large parking area provides ample tenant space. Demand is exceptional, with over 30 inquiries and 10 showings the last time a unit was listed (even in the off-season), plus multiple short-term rental showings already this week. Major updates include brand new sewer lines (over $40K) with routine maint consistently done.Situated on two lots, with the adjacent R3-zoned parcel available for separate purchase or as part of a package deal. The additional parcel is development-ready with building permits, survey, core and soil samples, and topography/site plans already completed. Truly an incredible opportunity for future expansion with the Quadplex located directly above also available for purchase. A developers dream! Further site plan info available upon request, and buyers are welcome to walk the parcel. Serious inquiries only; screening required for access to development materials. 24-hour notice required for showings due to tenant occupancy.
Property Details
Location
⌂ Based on information submitted to Pacific Regional MLS (PACMLS) and distributed by MLS Grid as of Jul 2, 2026. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor Powell Real Estate Group shall be responsible for any typographical errors, misinformation, or misprints. © 2026 Pacific Regional MLS. All rights reserved.
