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3 Beds
2 Baths
1,219 sqft

$229,000

1907 Melrose Street, Walla Walla WA, 99362

Price per sqft$187.86
Built in1972
Property size1,219 sqft
Property typeCondominium

Overview

Active

Updated 2h ago

TURNKEY RENTAL INVESTMENT- ESTABLISHED TENANT -WITH EXCELLENT PAYMENT HISTORY. Currently leased at $1,450 per month, plus an additional $50 monthly tenant contribution toward HOA expenses. Tenant signed 12-month lease extending through September 30, 2027. That’s $18,000 in scheduled annual tenant payments, offering income continuity for the incoming owner. Excellent opportunity to acquire an established, income-producing rental property in Walla Walla! This well-maintained, 3-bedroom, 1.75 bath townhouse in the Vineyard Condos offers immediate scheduled rental income, an excellent existing tenant and recent improvements that make it an attractive addition to any investment portfolio. A 1,219-square-foot, two-story residence features a functional floor plan, updated flooring, fresh interior paint, newer carpeting, and a recently replaced washer and dryer. The kitchen appliances are included as well and the dining area opens to an outdoor patio including backyard space. The Vineyard community offers a seasonal swimming pool, covered parking, and HOA-maintained grounds. HOA dues cover water, sewer, trash, lawn care, snow removal, and common-area maintenance—helping simplify ownership and operating responsibilities. All of this adds up to contribute to a comfortable lifestyle for the new owner, or a good investment for the future. This is an appealing opportunity for buy-and-hold investors and qualified 1031 exchange buyers seeking an established rental with a tenant in place.

$1,524/mo

Est. mortgage payment based on a $229,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2597638

Interior Features

Bedrooms
3
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$1,998
Tax Frequency
Annually
Association Fee Frequency
Monthly
View
Yes
55+/Senior Community
No
Provided by NWMLS, Listing Broker: Windermere RE Walla Walla; Jack Conley; 509-520-6683; [email protected]
MLS provider logo

Provided by NWMLS, Listed by Jack Conley, 509-520-6683 at Windermere RE Walla Walla

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/30/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/30/2026 at 7:51 PM UTC . 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.

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Data last updated on 10/30/2026 at 7:51 PM UTC 

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