Property Details

3506 W 1st Ave
Kennewick, WA 99336
$659,000
MLS# 2497300 courtesy of NWMLS Listing firm: eXp Realty

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3506 W 1st Ave , Kennewick, WA 99336, Kennewick

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3506 W 1st Ave , Kennewick, WA 99336, Kennewick

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Multi-Family
Property Type
3,544
Bldg Sq Ft
4
Units
6.12%
Cap Rate
1972
Year Built

Property Overview

Turn-key investment! Exceptionally clean and stable fourplex near 1st Ave/Morain. Features 2BR/1BA units with central air, utility hookups, and dedicated storage. Large fenced yard and plenty of parking for all residents. Incredible rental history with long-term tenants. Close to all amenities and transit. Viewings granted with an accepted offer. Square footage per county records.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Benton
Neighborhood Kennewick
Listed Mar 25, 2026
Original Price $685,000

Financial Summary

Cap Rate 6.12%
Net Operating Income $41,895
Gross Scheduled Income $52,800
Gross Rent Multiplier 12.97
Total Expenses $8,265
Vacancy Rate 5.0%

Building & Use

Building Sq Ft 3,544
Leasable Area 3,544 sqft
Total Units 4
Zoning Multi-Family
Possible Use Multi-Family
Lot Size 10,598 sqft
Year Built 1972

Exterior & Lot

Lot Size 0.24 sqft
Year Built 1972
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Lot Features Paved, Sidewalk
Exterior Features Wood

Location

City Kennewick
County Benton
Coordinates 46.20879, -119.16918

Additional Information

Tax Year 2025
Annual Taxes $3,024
Possession Array
Listed By
Todd Watkins
eXp Realty

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