Grandview, WA Apartment buildings for sale

Updated: Jun 18

Newly Constructed 16-Unit Apartment Community

1007 Grandridge Road, Grandview, WA 98930

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15,408 sqft 2.00 AC lot

Newly built 16‑unit multifamily at 1007 Grandridge Road in Grandview, Washington (Year Built: 2025)
Unit mix: sixteen 2 bed/2 bath apartments, each averaging over 960 SF
Stated in‑place cap rate: 6.76%; stated pro forma cap rate: 7.03%
Current stabilized market rents of $1,885 per unit, with additional RUBS income mentioned
Over two acres with excess land that may accommodate up to 30 additional units under current zoning

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Grandview, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Five-Plex Apartment Building with Private Patios

4110 W Kennewick Ave, Kennewick, WA 99336

$684,999

3,680 sqft 0.31 AC lot

Five-plex apartment building in multi-family zoning with electric heat, off-street parking, and private patios in select units.

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Stabilized 18-Unit Multifamily Investment

1011 1013, 1015 S 48th Avenue, Yakima, WA 98908

$2,990,000

15,728 sqft 1.54 AC lot

Stabilized 18-unit complex with 16 apartments and a duplex, currently 100% occupied.

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Stabilized Multifamily Investment Opportunity

1015 South 48th Avenue, Yakima, WA 98908

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15,728 sqft 1.54 AC lot

18-unit multifamily property in West Yakima, 100% occupied.

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Seven-Unit Apartment Building

415 W Albany Ave, Kennewick, WA 99336

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For sale seven-unit multifamily complex with studio, one-bedroom, and two-bedroom apartments.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Multi-Family Zoned Lot Near EWU

7 5th Street, Cheney, WA 99004

$460,000

16,000 sqft 0.37 AC lot

16,000 sq ft multi-family zoned lot near Eastern Washington University.

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Pahrump Land Investment Opportunity

2001 Casino Street, Pahrump, NV 89048

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0.31 AC lot

0.31 acre multi-family zoned lot in growing Pahrump, Nevada.

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Lancaster Corner Lot Investment Opportunity

Newgrove Street, Lancaster, CA 93534

$350,000

0.17 AC lot

0.17-acre corner lot in Lancaster with development potential.

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Commercial Land with Freeway Exposure

31426 The Old Road N, Castaic, CA 91384

$2,250,000

2.05 AC lot

Over 2 acres with 400+ feet of CA-5 exposure across three APNs in Castaic.

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Grandview, WA Apartment Buildings for Sale

1007 Grandridge Road, Grandview, WA 98930