Richland WA Multi Family for Sale
$492,500
1405 Black Ct Richland, WA 99354
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1944
- Baths:
- 3.00
- MLS#:
- 280458
- Subdivision:
- OTHER
ADDITIONAL INFORMATION
MLS# 280458 This duplex offers an incredible opportunity in a prime location near top-rated schools and all essential amenities. The property features two spacious units, each with unique benefits.â?¢ Unit 1: Move-in ready, this unit boasts 2 bedrooms and 2 full bathrooms, offering plenty of space for a growing family. It includes a fully finished basement, ideal for a recreation area, office, or extra storage. Additionally, this unit comes with a large garage and carport, ensuring ample parking and convenience.â?¢ Unit 2: Currently occupied by excellent tenants, providing a steady rental income. This unit comes with 2 bedrooms, 1 full bath, and a fully finished basement, making it highly desirable for future tenants or owner use.The duplex is wrapped in durable aluminum siding and has 19 years remaining on its roof, ensuring peace of mind for years to come. Whether youâ??re looking for a home with rental income or a pure investment property, this well-maintained duplex checks all the boxes.
$1,540,000
1603 Mahan Ave Richland, WA 99354
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 14
- Year built:
- 1948
- Baths:
- 6.00
- MLS#:
- 280420
- Subdivision:
- JOHN DAM PLAT
ADDITIONAL INFORMATION
MLS# 280420 Opportunity to acquire the Richland Residential Portfolio (RRP), a collection of five fully leased residential properties located in Richland, Washington. These properties present an exceptional investment for those looking to secure a stabilized income-generating asset with significant potential for growth. With a proven track record of strong occupancy, long-term tenants, and under-valued rental rates, the portfolio offers both immediate cash flow and future upside. Proforma Rents are at $99k for the Portfolio with a Net Operating Income of $82k. 5.35% CAP rate, $285/SF or $308k per door. All 5 properties are within 1 mile of each other and takes 10 minutes to drive the portfolio making it easy to Manage. Must purchase entire portfolio, will not break up individually. Call LA for more information and Do Not Disturb tenants. A. 1603 Mahan AveB. 1209 Winslow AveC. 704 Birch AveD. 2305 Concord StreetE. 312 Adams
$515,900
1419 Johnston Richland, WA 99354
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.24 Acres
- Year built:
- 1944
- Baths:
- 4.00
- MLS#:
- 279714
- Subdivision:
- PLAT OF RICHLAN
ADDITIONAL INFORMATION
This duplex feature 3 bedrooms and 2 baths on each side. It was extensively remodeled about 10 years ago, with new kitchen cabinets, new vinyl windows, and a second bathroom on each side. New roof 2 years ago, new heat pump, water heater and range/oven this year. The backyards are privacy fenced and have underground sprinklers. Egress windows were added to the basement family rooms. Great neighborhood with quiet street and well-kept homes. Interior photos were taken when the units were vacant, after the remodel.
Richland Real Estate
The median home value in Richland, WA is $414,200. 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 Richland, WA is $414,200. Approximately 61.11% of Richland homes are owned, compared to 33.25% rented, while 5.64% are vacant. Richland 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 Richland real estate agent to arrange a tour today!
Richland, Washington 99354 has a population of 59,718. Richland 99354 is less family-centric than the surrounding county with 30.58% of the households containing married families with children. The county average for households married with children is 32.3%.
The median household income in Richland, Washington 99354 is $83,066. 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 Richland 99354 is 36.3 years.
Richland Weather
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 3.6 inches of snow per year.