MLS# 291527 Prime investment opportunity in an unbeatable Pullman location near both WSU campus and downtown! This well-maintained quadplex offers strong income potential with over 2,500 square feet of living space and sits on a spacious 11,000 sq ft lot spanning two city parcels. Three units are currently occupied, providing immediate income, while the fourth unit is operated as a successful Airbnb and can be made available for an owner-occupant if desired. With a cap rate over 6% and a proven rental history, this property delivers solid returns and long-term value. Numerous updates and improvements have been completed, enhancing both functionality and appeal. Tenants enjoy easy access to campus, shopping, dining, and public transportation, making this a consistently desirable rental location. Whether you are expanding your portfolio or seeking a flexible investment with owner-occupancy potential, this property checks all the boxes. Tenant Occupied - Min 24 Hour Notice Needed.
For sale
Price cut: $10K (5/21)
$539,999
540 SE McKenzie St, Pullman, WA 99163
6beds
4baths
2,416sqft
Quadruplex
Built in 1948
-- sqft lot
$524,600 Zestimate®
$224/sqft
$-- HOA
What's special
Well-maintained quadplex
- 109 days |
- 126 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Emily Woellhof-Heinz 208-310-5005,
Kelly Right Real Estate TC
Source: PACMLS,MLS#: 291527
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Dryer, Range/Oven, Refrigerator, Washer, Oven
Features
- Bath-Master, Dining-Kitchen/Combo, Dining-Liv/Combo, Storage, Utility Room, Walk-In Closet(s)
- Windows: Windows-Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,416
- Total interior livable area: 2,416 sqft
Property
Parking
- Parking features: No Garage, Off Street
Features
- Patio & porch: Patio/Open
- Exterior features: View, Corner Lot
- Fencing: Partial
- Has view: Yes
- View description: Partial
Lot
- Size: 0.25 Acres
- Features: Views
Details
- Parcel number: 108150019030001
- Zoning description: Multi - Family Re
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Wood Siding
- Foundation: Concrete
- Roof: Composition Shingle
Condition
- Year built: 1948
Utilities & green energy
- Water: Public
- Utilities for property: Appl-Electric, Electricity Connected, Separate Meters, Sewer Connected
Community & HOA
Community
- Subdivision: None/na
Location
- Region: Pullman
Financial & listing details
- Price per square foot: $224/sqft
- Tax assessed value: $421,200
- Annual tax amount: $4,898
- Date on market: 3/25/2026
- Listing terms: Cash,Conventional
- Inclusions: All Appliances
- Total actual rent: 4025
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Zestimate®
$524,600
Estimated sales range
$498,000 - $551,000
Rent Zestimate®
$1,100/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Price change | $539,999-1.8%$224/sqft |
Source: | ||
| 3/25/2026 | Listed for sale | $550,000+69.1%$228/sqft |
Source: | ||
| 1/27/2020 | Sold | $325,170$135/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,168 -12.3% | $421,200 |
| 2023 | $5,893 +95.6% | $421,200 +107.4% |
| 2022 | $3,013 +0.1% | $203,081 |
| 2021 | $3,011 -2.1% | $203,081 +2.8% |
| 2019 | $3,074 +1.7% | $197,600 |
| 2018 | $3,023 +5.5% | $197,600 |
| 2017 | $2,865 -4.9% | $197,600 |
| 2016 | $3,011 +36.9% | $197,600 +38.9% |
| 2015 | $2,200 -1% | $142,284 +8.9% |
| 2014 | $2,221 +23.4% | $130,704 |
| 2013 | $1,800 | $130,704 |
| 2011 | -- | $130,704 |
| 2010 | -- | $130,704 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 99163
Nearby schools
GreatSchools rating
- 10/10Franklin Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 9/10Lincoln Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Pullman High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- District: Pullman
Source: PACMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local lender can help you make sure your offer is ready when you are.
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- Washington
- Whitman County
- Pullman
- 99163
- 540 SE McKenzie St