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Residential Income For Sale

230 Se Spring, Pullman, WA 99163

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Property Description

Excellent opportunity to own a versatile investment property in a highly desirable location just a short walk to campus and downtown Pullman. Currently configured as a duplex, this property has the potential to function as a triplex, offering additional upside for investors looking to maximize rental income. The lower level was previously used as a separate rental unit and still has the infrastructure in place to be reestablished, requiring only some TLC. It is currently being utilized primarily for storage, presenting a value-add opportunity for the next owner. The upper unit is operating as a short-term rental, allowing flexibility for an owner-occupant or continued income generation, while the existing layout supports strong rental potential throughout. This property can be purchased as a standalone investment or bundled with the adjacent vacant R3-zoned lot, offering even greater development potential. The lot is also available for purchase separately, making this a rare chance to secure additional land in a prime location. With a cap rate over 6.5%, this property presents a strong opportunity for both owner-occupant investors and those seeking a solid, income-producing asset. Its proximity is less than a 10-minute walk to both campus and Main St., makes it consistently attractive to long term tenants and short-term renters alike. Property is tenant occupied; 24-hour notice is required for all showings. Don’t miss this unique opportunity to own a flexible, income-generating property with added development potential in one of Pullman’s most convenient locations. Financials and additional details available upon request.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
291335
Price:
$299,000
Year Built:
1937
Status:
Active
Property Sub Type:
Tri-Plex
Roof:
Composition Shingle
Features
Heating System:
Baseboard
Basement:
Finished, Outside Entrance, Egress Windows, Daylight, Walk Out
Parking:
Off Street Spaces
Exterior Features:
Lighting, Patio/Open, Garden Area
Appliances
Appliances:
Dryer, Range/Oven, Refrigerator, Washer
Address Map
Country:
US
State:
WA
County:
Whitman
City:
Pullman
Zipcode:
99163
Street:
Spring
Street Number:
230
Longitude:
W118° 49' 22.3''
Latitude:
N46° 43' 41.8''
Street Dir Prefix:
SE
Neighborhood
High School District:
Pullman
Additional Information
On Market Date:
2026-03-17
Number Of Units Total:
3
Building Size:
1780
Financial
Tax Annual Amount:
2
Listing Information
List Agent Mls Id:
5812
List Office Mls Id:
638
Mls Status:
Active
Modification Timestamp:
2026-03-17T04:43:27Z
Originating System Name:
pacmls
Status Change Timestamp:
2026-03-16
Residential Income For Sale
Listing ID:
291335
$299,000
Agent info
Contact Agent