1800 Evergreen Street, Walla Walla, WA 99362

Walla Walla
Local realty services provided by:Knipe Realty ERA Powered
Listed by: max frame
Office: kidder mathews
MLS#:2545681
Source:NWMLS
1800 Evergreen Street,Walla Walla, WA 99362
$5,300,000
Virtual Tour
  • - Beds
  • - Baths
  • 3,751 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$5,300,000
  • Price per sq. ft.:$1,412.96

About this home

Suncrest Apartments presents a rare opportunity to acquire a 45-unit apartment community in the highly desired Walla Walla market. Located at 1800 Evergreen Street, the property sits on 1.72 acres across 6 buildings and features an attractive unit mix with 39 two-bedroom units, 4 one-bedroom units, 1 studio, and 1 four-bedroom unit. The property has been well maintained and includes 64 parking stalls, owned coin-operated laundry, air conditioning in all units, and a parking lot repaved in 2025. Offered for the first time in 44 years, Suncrest provides strong in-place cash flow with meaningful value-add upside through continued rent growth, interior renovations, and exterior/common-area improvements. Current operations reflect a 6.42% in-place cap rate, with projected upside to a 6.80% market cap rate and 9.31% renovated cap rate. The property is centrally located near Whitman College, Walla Walla Community College, Downtown Walla Walla, Eastgate Shopping Center, Pioneer Park,...

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Home facts

  • Year built:1969
  • Listing ID #:2545681
  • Updated:July 06, 2026 at 11:09 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:3,751 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Composition, Flat Roof
  • Year built:1969
  • Building area:3,751 sq. ft.
  • Lot area:1.72 Acres
  • Lot Features:Sidewalk
  • Construction Materials:Wood Exterior Finish

Utilities

  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$5,300,000
  • Price per sq. ft.:$1,412.96
  • Tax amount:$21,770 (2026)

Parking

  • Total parking spaces:92
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