$675,000
Est. $3,506/mo3 bd•2.5 ba•3,339 sq ft
512 Cedar Street, Walla Walla, WA 99362
• Listed 2026-09-04•10 days on market
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Prime Mixed-Use Investment Opportunity | Character & Value-Add Potential in Walla Walla Uncover exceptional potential and immediate cash-flow opportunities. This character-rich, 3-unit mixed-use property seamlessly blends commercial appeal with versatile residential living, making it an ideal asset for savvy investors, live-work buyers, or house-hackers looking to offset their mortgage. Steeped in architectural charm, the building highlights striking original exposed timber beams, creating a warm, historic feel throughout. Generous front and back patios offer stunning, endless views—providing perfect outdoor relaxation spots for tenants or clients. Unit Breakdown: Commercial Studio Space: High-visibility, versatile ground-level space perfectly suited for a boutique salon, lash studio, massage therapist, counseling practice, or creative agency. Residential Unit 1: A well-appointed 2-Bedroom, 1-Bathroom apartment offering steady rental demand and comfortable living. Top-Level Flex Unit: Currently configured as a spacious 1-Bedroom, 1-Bathroom layout, this expansive upper floor is full of untapped potential. With straightforward value-add work, it can easily be reconfigured into a 3-bedroom or 4-bedroom unit to dramatically boost overall rental yield. Properties offering this balance of immediate utility, architectural character, and clear upside potential rarely hit the market in Walla Walla. Schedule your private tour today!
Listed by Lacey Blackman • eXp Realty
Listing updated: September 5, 2026 at 05:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2578482
Open houses
No upcoming open houses scheduled for this property.
512 Cedar Street, Walla Walla, WA 99362
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
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$3,937 per month
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Walla Walla is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: Days-on-market data not available for this area.
$382,000 Sold
3 weeks ago
4 bd•2 ba•~1,405 sq ft•Single Family
1704 Walla Walla Avenue, Walla Walla, WA 99362
2%
Under list
—
Days on market
0.3 mi
Distance
$382,000 Sold
3 weeks ago
•Single Family
1704 Walla Walla Avenue, Walla Walla, WA 99362
2%
Under list
—
Days on market
0.3 mi
Distance
$560,000 Sold
2 months ago
4 bd•2.5 ba•~2,999 sq ft•Single Family
934 Shasta Drive, Walla Walla, WA 99362
4%
Under list
—
Days on market
0.5 mi
Distance
$421,750 Sold
3 months ago
4 bd•1.75 ba•~3,060 sq ft•Single Family
1535 J Street, Walla Walla, WA 99362
1%
Under list
—
Days on market
0.6 mi
Distance
$274,900 Sold
3 months ago
•Single Family
99362 N Blue N, Walla Walla, WA 99362
0%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 5, 2026 at 05:03am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
$701,000
+$26,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $423K and $609K.
Rental earnings
$2,100/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$560,000Last sold price
934 Shasta Drive, Walla Walla, WA 99362
$422,500Last sold price
597 Middle Waitsburg Road, Walla Walla, WA 99362
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
$695,000
1051 Boyer Avenue, Walla Walla, WA 99362
Jayne DiDario · Walla Walla Sothebys Intl Rlty
$518,500
1498 Michele Avenue, Walla Walla, WA 99362
Steve Hiatt · Keller Williams Realty
$795,000
601 Washington Street, Walla Walla, WA 99362
ReNae Davis · Walla Walla Sothebys Intl Rlty
$519,990
819 Ava St, Walla Walla, WA 99362
Megan Laird · New Home Star Washington, LLC
$534,990
811 Ava St, Walla Walla, WA 99362
Megan Laird · New Home Star Washington, LLC
$735,000
916 Statesman Street, Walla Walla, WA 99362
Travis Watts · Coldwell Banker Walla Walla
