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
31
Style
53 - Tri-plex
Finished SqFt
2,172
Lot Size (sq ft)
13,795

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
Potential Terms
Cash, Conventional
Year Built
1958
Roof
Composition
Site Features
Fenced-Partially, Outbuildings, Patio, RV Parking
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

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Calculator source: Real Geeks

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.