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College Place, WA | City Real Estate Market Analysis

College Place, Walla Walla County, Washington
City Analysis Real Estate Market WA Walla Walla County
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College Place
Market Insight

College Place, WA Investment Potential Analysis

Market analysis for College Place, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

—
Avg. Home Value
🏠 Median residential property value in College Place.
99.00%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$53,419
Avg. Household Income
💵 Average annual household income in the area.
9,218
Population
👥 Total city population estimate.
—
Unemployment Rate
📊 Local unemployment vs. national benchmark.

College Place, WA Real Estate Market Property Overview

  • Real estate market overview for College Place, WA, Walla Walla County
  • Population of 9,218
  • Average household income of $53,419
  • Property tax rate of 99.00%
  • Median resident age of 30.40

Property Details

City College Place State Washington
County Walla Walla Country USA
Population 9,218 Median Age 30.40
Avg. Household Income $53,419 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 99.00%
Top Industries N/A Economic Overview N/A
Coordinates 46.0419, -118.3878 Properties Listed 0

Model investment returns using College Place, WA market data as defaults

25%
5.0%
30 years
99.00%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

Calculating...

💵Cash on Cash Return

Calculating...

🚀Internal Rate of Return

Calculating...

🏛️Property Tax Analysis

Calculating...

* Calculations use College Place, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating… —
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating… —
Projected difference —

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For College Place, WA Income Property

Key questions for informed investment decisions

What's the overall investment potential of College Place, WA? +
With a median household income of $53,419 and a relatively low poverty rate of 10.3%, College Place presents a stable investment market, further supported by its high health insurance coverage rate of 95.6% and short average commute time of 14.1 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate demand? +
The top industries in College Place, including Educational Services, Health Care & Social Assistance, and Retail Trade, contribute to a diverse economy, while the city's ethnic diversity, with 73.1% White, 14.5% Hispanic, and 4.2% Asian populations, suggests a vibrant community with varied housing needs, potentially driving demand for different types of properties.
What are the key factors to consider for rental property investments? +
The combination of a low poverty rate of 10.3%, high health insurance coverage of 95.6%, and a short average commute time of 14.1 minutes suggests a stable and reliable tenant base, which, coupled with the city's median property value of $243,400 and median property taxes of $2,344, makes rental properties an attractive investment option in College Place.
How does the commute and transportation infrastructure affect the quality of life and property values? +
The average commute time of 14.1 minutes, with 74.1% of residents driving alone and 10.3% carpooling, indicates well-planned transportation infrastructure, contributing to a high quality of life, which can positively impact property values and attractiveness to potential buyers or renters, especially in a city with a high homeownership rate of 63.2%.
What role does demographic diversity play in the local real estate market? +
The ethnic diversity in College Place, with significant White, Hispanic, and Asian populations, alongside a foreign-born rate of 7.2%, suggests a culturally rich and potentially dynamic market, where understanding and catering to the housing needs of different demographic groups can be key to successful real estate investments, especially considering the city's median age of 30.4 and the implications for family and housing requirements.
What are some of the best neighborhoods to live in College Place? +
Some of the best neighborhoods to live in College Place include the south parts of the city, which tend to be more desired, and the northeast regions, which offer more affordable homes. Neighborhoods like Mountain View, Abbott Acre, and College Place are also popular choices.
What are some fun things to do in College Place? +
There are plenty of fun things to do in College Place, including visiting the Walla Walla Farmers Market, exploring Downtown Walla Walla, and checking out the Lions Park, which offers playgrounds, walking paths, and picnic areas. You can also visit the Fort Walla Walla Museum, the Seven Hills Winery, or the Caprio Cellars.
What is the food scene like in College Place? +
The food scene in College Place is diverse and offers a range of options, from fine dining to casual meals. Some popular restaurants include Saffron Mediterranean Kitchen, Passatempo Taverna, TMACS, Hattaway's on Alder, and The Marc Restaurant. You can also find great food at the Bangkok 103 Cafe, which serves Thai cuisine.
What are the pros and cons of living in College Place? +
The pros of living in College Place include its peaceful and family-friendly atmosphere, walkability, and access to outdoor activities. However, some cons include the city's relatively small size, limited job opportunities, and a high poverty rate. Additionally, the city has a strong religious presence, which may not be suitable for everyone.
Is College Place a good place to live? +
College Place can be a good place to live for those who value a peaceful and family-friendly atmosphere, outdoor activities, and a strong sense of community. However, it may not be the best fit for those looking for a more urban lifestyle, diverse job opportunities, or a more secular environment. Ultimately, whether College Place is a good place to live depends on your individual priorities and preferences.

Things Near College Place, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About College Place

College Place, WA is a stable investment market with a median household income of $53,419 and relatively low poverty rate of 10.3%. This market tends to attract investors due to its diverse economy, with top industries in educational services, health care, and retail trade. The population of 9,218 has a median age of 30.4, with a foreign-born rate of 7.2%, and an ethnic diversity of White (73.1%), Hispanic (14.5%), and Asian (4.2%). The average commute time is 14.1 minutes, which is relatively short, and the health insurance coverage rate is high at 95.6%. However, the 10.3% poverty rate suggests some risk, and the GINI coefficient of 0.392 indicates a moderate level of income inequality. The median property value is $243,400, with a homeownership rate of 63.2%, and the top commute methods are driving alone (74.1%), carpooling (10.3%), and walking (6.2%). Overall, College Place offers a mix of opportunities and challenges for investors, with its stable economy and relatively low poverty rate being major draws, but also requiring careful consideration of the potential risks and income inequality. The high health insurance coverage rate and short commute times are also positives, making it an attractive option for those looking to invest in a stable and diverse market.

Population 9,218
Median Age 30.40
Avg. Household Income $53,419

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Investor Materials

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Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

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