Condos & Townhouses For Sale in Valley Homes, Walla Walla

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.

The 2 bedroom-2 Bath units are the most desirable choices and do not often become available for either owner occupation or opportunity for a wise investment. Excellent rental history on this 2 Bedroom 2 Bath Ground floor Condo. New engineered hardwood flooring. Has been renting for $1310.00 per month with a $300.00 HOA assessment covering the Water- Sewer-Garbage and Common area maintenance which makes this a profitable investment. The Sellers would consider a "Package Deal" of multiple units in the same complex. Common area includes a Pool, Laundry, Exercise facility, Barbecue pits and Recreation area as well as Guest parking. Units were taken down to the studs in 2005 and totally remodeled. Pets allowed. Must be a cash transaction or have special financing from a lender who does "non warrantable Condominium" financing.