1907 Melrose Street

About this home

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.

Features

• Ground Floor
• Primary Bathroom

Details

Property type

Condo

Year built

1972

Lot size

—

Construction

Stucco

Status

Active

Cumulative days on market

9

Listed

October 26, 2026

Last updated

November 4, 2026 at 12:54 AM UTC

Location

Walla Walla, WA