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Listed by: Max Frame (360) 705-2800 | Kidder Mathews (360) 705-2800
$5,300,000
Monthly Est:$26,380
87 Beds
45 Baths
33,751sqft
1800 Evergreen St, Walla Walla, WA 99362
$5,300,000
$26,380/moEst:
Get Pre-Approved
Multi Family
Built in 1969
$-- HOA
1.72 acres lot
$157/sq.ft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 25, 2026 at 2:25 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2545681
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1969
HOA Fees
-
Finished Area
33,751 sqft
Lot Size
1.72 acres lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2545681
MLS Status
Pending
Days on Market
101
Cumulative Days on Market
98
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 87
Bathrooms: 45
Interior
Flooring
Vinyl Plank
Cooling
None
Sewer
Sewer Connected
Exterior Features
Wood
Heating
Baseboard
Construction
Year Built
Year Built: 1969
Home type
Multi Family
Foundation Details
Poured Concrete
Construction Materials
Wood
Roof
Composition, Flat
Property Condition
Good
Other Features
Lot Features
Sidewalk
Subdivision Name
Ayer
Price History
| Date | Event | Price |
|---|---|---|
07/13/2026 Source: | Pending | $5,300,000 $157/sqft |
06/25/2026 Source: | Listed for Sale | $5,300,000 $157/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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