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404 SE 3rd Street, 
College Place, WA 99324

$320,000

—

Bed

—

Bath

1,920

Sq Ft

Multi-Family

Pending

Listed by

Todd Wright

Windermere Re Walla Walla

Last updated:

February 28, 2026, 08:59 AM

MLS#

2481973

Source:

NWMLS

About This Home

404 SE 3rd Street

This triplex is an excellent investment opportunity, with three separate units and a range of recent upgrades. It’s located directly across from Kiwanis Park and Davis Elementary School making it a very desirable location for tenants who value green space. It is currently 100% occupied. Listed at a 6% cap rate, it also offers value-add potential, as rents are currently below market. With covered parking, separate storage spaces, and a prime location, it’s a perfect opportunity for the forward thinking invest

Home Facts

Multi-Family

Built in 1980

Price Summary

320,000

$166 per Sq. Ft.

MLS #:

2481973

Last Updated:

February 28, 2026, 08:59 AM

Rooms & Interior

Interior

Living Area:

1,920 Sq. Ft.

Structure

Structure

Building Area:

1,920 Sq. Ft.

Year Built:

1980

Lot

Lot Size (Sq. Ft):

6,250

Finances & Disclosures

Finances

Price:

$320,000

Price per Sq. Ft:

$166 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of March 1, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.