MLS# 279643. Excellent opportunity to invest in one of the nation's fastest-growing markets: Tri-Cities, Washington. High job growth and strong rental demand. The sale includes 9 units on 0.39 acres and all associated improvements. Eight of the units are 1b / 1b, and one unit is 3b / 1b with a detached garage. Total rents are $11,310 per month and total water/sewer/insurance reimbursements are $1,235 per month. Each unit has its own electrical meter paid directly by tenants. Building 1311 has a brand new roof. The other roofs were replaced in 2016. The units have PEX / ABS plumbing, vinyl windows, and newer HVAC units. Cap rate is 7.4%. Contact your agent for a full Rent Roll and more details. Showings are allowed after an accepted offer. Please do not disturb tenants.
DAYS ON MARKET
|
188
|
LAST UPDATED
|
4/21/2025
|
TRACT
|
OKEEFES 2ND ADD
|
YEAR BUILT
|
1949
|
COUNTY
|
Franklin
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
Prior to Jan 30, '25
|
$1,375,000
|
Jan 30, '25 - Apr 1, '25 |
$1,325,000
|
Apr 1, '25 - Apr 11, '25 |
$1,320,000
|
Apr 11, '25 - Today |
$1,295,000 |
LOT |
0.396 acre(s) |
SUBDIVISION |
OKEEFES 2ND ADD |
TAXES |
6407 |
ZONING |
MULTI-FAMILY RE |
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Listing provided by Cody Fielding with Lybbert Fielding Real Estate
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