If you have been waiting for the right time to be an owner occupied landlord, this is it! Don't rent anymore! Let your renters pay your mortgage. This 3-unit building has 2 long term tenants with a rental income of $1825/mo. The Seller has left unit A available for your convenience - to be owner occupied or it could easily rent for an additional $1400/mo. Located in the heart of Kennewick, near school, churches and shopping with easy access to the freeways! Don't forget to ask us or your preferred realtor for a free landlord consultation. We have specialized lenders that can help you acquire multi-family.
MLS# 280099 Check out this fantastic investment opportunity with the Kennewick 5-plex! This property is in excellent condition, offering units from 400 to 800 sq ft on a .16-acre lot. All five units are fully rented, many to long-term tenants, providing a steady rental income. The front two units and one other unit have been extensively renovated, including new electrical and plumbing systems, attic insulation, updated windows, fresh paint, and new siding. A new sewer line has also been installed. These units come with natural gas, mini-splits, gas furnaces, gas washers and dryers, and tankless water heaters for efficient living. Tenants will love the three carports and covered patio for relaxing. There's also a basement laundry facility accessible to all units. Unit 5 features a remodeled shower. Located near downtown Kennewick, this property is close to schools, parks, shopping, and restaurants, making it highly convenient for tenants. Donâ??t miss out on owning this fully rented, recently renovated 5-plex in a thriving rental market. Contact your favorite realtor today!
MLS# 279769 Spacious, well cared-for, West Kennewick duplex with gorgeous new 'hard-wood' and 'slate-tile' flooring throughout both sides. the 3716 unit has 4 bedrooms and two full bathrooms. The 3718 unit has 3 bedrooms and two full bathrooms, as well as a large storage room. Both units have significantly sized kitchens and decks off their dining rooms. Each has a nice living room on the main level and family rooms in their basements. Each unit has an attached single-car garage and utility hookups for washers/dryers. The yard has mature landscaping, served by timed underground sprinklers with K.I.D. Irrigation water. The 3718 unit has a newer Heat Pump for HVAC and the 3716 side has central heating and air conditioning. Built in 1976, each unit is 1,872 square feet in size. This duplex makes a FABULOUS Multi-Generational Housing option OR a First-Time Home-Buyer scenario that can qualify for 3.5% down FHA financing, with tenants on the other side subsidizing the monthly mortgage. As nice as this is, it simply can check the box for MOST investors, and can easily fetch higher market rents.
MLS# 279258 Income producing property!!! Single family home converted into a 7-plex that brings in $6700/month in rents. Two of the units have been recently updated with LVP flooring. Three have been updated, but not super recent and then two units have not been updated and are in need of flooring and paint. Excellent tenants that pay on time. Brand new roof was put on two years ago. Exterior has been freshly painted. There is a laundry facility that all 7 units have access to. There is a decent amount of space that building additional units in the future would be an option. Utilities paid by the landlord are water ($900 every other month), electricity ($600/month), garbage ($140 every three months) for about $1100ish/month in utilities.Two of the tenants have been there for over 5 years. Four are currently under leases. Everyone gets along very well with very little drama. Unit size and rent are as follows, all with one bathroom: 1-one br $1100 2-one br $850 3-one br $800 4-studio $700 5-two br $1300 6-studio $850 7-studio $1050
MLS# 276397. Sale is pending but likely to fall out of contract. The sale includes 16 BRAND NEW duplex buildings for a total of 32 UNITS. This is a bundle sale. All buildings are currently under construction and will be completed in Jan / Feb 2025. 6.3% cap rate based on pro forma from a regional 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. 26 units are 3 bed. 5 units are 4 bed. 1 unit is 2 bed (with 2 en suites). All units are two-story with 2.5 baths, two-car garage, dedicated two-car driveway, and a private fenced yard. Great opportunity to invest in beautiful new units in a fast-growing metro.
MLS# 275846 10 SFR Homes are offered for sale by Richland Housing Authority to be sold as one sale for $2,510,000. Local Non-Profit Organizations will be only offers considered for first 60 days after listing & National Non-Profits for the next 60 days. Qualified buyers are vetted by Richland Housing Authority & USDA will sign an NDA & Receive addresses at that time, all homes are 3 bed 1 bathroom & all have a 1 car garage. One home has 2 bathrooms. All homes were built between 1978-1984 and are located in Benton City, WA. Based on funding availability, USDA Rural Development may provide funding to make this purchase possible. Funding may include 100 percent Rental Assistance and interest credit assistance that reduces the loan note interest rate to one percent. â??This institution is an equal opportunity providerâ?? Statement: We are pledged to the letter and spirit of US policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing programs in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin. OR Slogan: â??Equal Housing Opportunityâ?? Local Not-For-Profits organizations and public agencies have priority over regional and national Not-For-Profit organizations and public agencies.
The median home value in Kennewick, WA is $415,000. This is higher than the county median home value of $412,500. The national median home value is $338,100. The average price of homes sold in Kennewick, WA is $415,000. Approximately 59.55% of Kennewick homes are owned, compared to 34.57% rented, while 5.88% are vacant. Kennewick real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kennewick real estate agent to arrange a tour today!
Kennewick, Washington has a population of 83,082. Kennewick is less family-centric than the surrounding county with 29.08% of the households containing married families with children. The county average for households married with children is 32.3%.
The median household income in Kennewick, Washington is $64,053. The median household income for the surrounding county is $76,612 compared to the national median of $69,021. The median age of people living in Kennewick is 35.3 years.
The average high temperature in July is 89.9 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 8.1 inches per year, with 3.5 inches of snow per year.