USAWAWalla WallaAyer1800 Evergreen Street
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$5,300,000

For Sale

3 days ago

1800 Evergreen Street, Walla Walla, WA

House

MLS® 2545681

0 Bed

0 Bath

--

92 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $21,770
Days Active 2
Lot Size 1.72 Acres
Approx. Age 1969
MLS® Number 2545681

Property Address: 1800 Evergreen Street, Walla Walla, WA, 99362

Average square foot calculated using Size range provided by listing agent.

Description

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, Providence Hospital, and the Walla Walla Regional Airport. Suncrest is one of the few apartment communities of scale available in Eastern Washington, offering investors a well-located asset with stable operations, a favorable unit mix, and a clear path to increased income through modernization and rent repositioning.
MLS® Number2545681
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1969
Basement
Driveway
Garage Spaces
HeatBaseboard
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 25, 2026List Date
$5,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
1800 Evergreen Street, Walla Walla, WA

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