3506 W 1st Ave, Kennewick, WA 99336

$649,990
3,544
SqFt

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Listing courtesy of eXp Realty.

List Price
$649,990
Status
ACTIVE
MLS#
2497300
Price Change
▼ $9,010 1780721433
Days on Market
123
Style
54 - 4-Plex
Finished SqFt
3,544
Area Total SqFt
3544
Annual Tax Ammount
3024
Internet Provider
Spectrum/Ziply
Lot Size (sq ft)
10,598
Sewer
Sewer Connected

Property Description

MLS# 291548 — Turn-key investment! Exceptionally clean and stable fourplex near 1st Ave/Morain. Features four 2BR/1BA units equipped with central air, utility hookups, and dedicated tenant storage. Residents enjoy a large fenced yard and plenty of off-street parking. Incredible rental history with established, long-term tenants. Unbeatable location close to transit, shopping, and amenities. Perfect portfolio builder or owner-occupant opportunity—live in one unit and take advantage of low down-payment options!

Additional Information

List Date
2026-03-25 23:43:11
Community
Kennewick
Net Operating Income
$41,895
Gross Adjusted Income
$50,160
Gross Scheduled Income
$52,800
Total Monthly Income
$4,500
Insurance Expenses
$2,841
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
12.97
Total Expenses
$8,265
Cap Rate
6.12
Vacancy Rate
5
Total Number of Units
4
Unit Name
3506
Potential Terms
Cash, Conventional, FHA, VA Loan
Year Built
1972
Roof
Built-Up
Energy Source
Electric
School District
Kennewick
Total Monthly Income
$4,500
Gross Scheduled Income
$52,800
Vacancy Rate
5
Gross Adjusted Income
$50,160
Tax Year
2025
Insurance Expense
$2,841
W/S/G Expenses
$2,400
Total Expenses
$8,265
Net Operating Income
$41,895
Gross Rent Multiplier
12.97
Cap Rate
6.12
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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