The sale includes 16 BRAND BRAND PRISTINE duplex buildings for a total of 32 UNITS.

This is a bundle sale. Duplex buildings will not be sold separately. Currently waiting on permits, construction will start in June and last units will be completed by November 2024. 6.3% cap rate based on pro forma from regonal property manager. Sale includes: front and back landscaping, fencing on sides and back of all units, full appliance package (range oven, dishwasher, microwave , refrigerator, washer, dryer, water heater), blinds and granite or quartz countertops in the kitchen.

These included improvements make the properties truly TURNKEY. Each duplex will reside on its own parcel and as such can be sold independently at a future point.

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on 1929 W 10th Ave
in Kennewick, WA
Presented by Cody Fielding at
Lybbert Fielding Real Estate.


Property MLS #2246029 from NWMLS

+ Reveal additional info including schools and tax history

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+ Heating and Cooling

Cooling Features: Forced Air
Heating Features: Forced Air
Heating Fuel: Electric
Heating: Yes

+ Exterior and Lot Features

Cement Planked

+ Garage and Parking

Covered Spaces: 2
Open Parking Spaces: 2
Open Parking: Yes
Parking Total: 4

+ Land Info

Lot Size Acres: 2.8077
Lot Size Square Feet: 122304

+ Rental Info

Gross Scheduled Income: 889500
Leasable Area: 41656
Leasable Area Units: Square Feet

+ Multi-Unit Info

Number of Units: 32

+ School Information

High School District: Kennewick
+ Display Complete School Details

Southgate Elementary School is a public elementary school located approximately 1 miles away.
Map directions

Southridge High School is a public high school located approximately 2.6 miles away.
Map directions

Calvary Christian School is a private elementary school located approximately 0.5 miles away.
Map directions

Park Middle School is a public middle school located approximately 0.7 miles away.
Map directions

+ Homeowners Association

Calculated Total Monthly Association Fees: 0

+ Other Property Info

Annual Tax Amount: 48000
Source Listing Status: Active
Country Region: US
County: Benton
Cap Rate: 6.3
Directions: From 395 in Kennewick, WA: east on 10th Ave, the property is on the right just after crossing Vancouver St.
Tax Year: 2024
Other Expense: 119583
Source Property Type: Multi-Family
Insurance Expense: 17040
Area: 244 - Benton County
List Development Name: Benton
Source Neighborhood: Benton
Parcel Number: 111891020006006
Street Suffix Modifier: Avenue
Subdivision: Benton
Source System Name: C2C
Buyer Agent Commission: 2.5%
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2023	$340,130 + $137,600 $477,730	$3,381
2022	$207,080 + $113,940 $321,020	$3,139
2021	$199,930 + $113,940 $313,870	$3,163
2020	$178,110 + $113,940 $292,050	$3,078
2019	$157,560 + $113,940 $271,500	$2,799
2018	$137,010 + $113,940 $250,950	$3,160
2017	$137,010 + $113,940 $250,950	$2,900
2016	$138,130 + $39,560 $177,690	$2,090
2015	$138,130 + $39,560 $177,690	$2,105
2014	$129,490 + $39,560 $169,050	$1,994
2012	$129,490 + $39,560 $169,050	$1,976
2011	$129,490 + $39,560 $169,050	$1,976

+ Reveal Property Sale History

Listed 2024-06-01
$10,653,905
NWMLS

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Sold 2021-12-17
$675,000
PACMLS

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Price Changed 2021-10-08
$830,000
PACMLS

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Price Changed 2021-07-28
$899,990
PACMLS

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Price Changed 2021-06-14
$939,000
PACMLS

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Price Changed 2021-04-28
$999,950
PACMLS

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Listed 2021-04-01
$1,050,900
PACMLS

+ Commercial Info

Net Operating Income: 675506
Operating Expense: 212303

+ Utilities

Electric Expense: 800
Power Production Type: Electric
Sewer: Sewer Connected
Water Source: Public

+ Building and Construction

Building Area Units: Square Feet
Living Area Units: Square Feet
New Construction: Yes
Property Condition: Under Construction
Roof: Composition
Building Total Stories: 2
Structure Type: Duplex
House Style: Duplex
Elevation Units: Feet