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    Spacious Duplex in Central Richland Title is generated by Realmo AI

    1219 McPherson Ave, Richland, WA 99354

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    Claim this Listing
    New
    For Sale
    $524,900

    MULTI_FAMILY - Richland, WA

    Property size:
    3,526 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $148/SF
    Added:
    Jun 5, 2026
    Days on Market:
    6
    Last Refresh:
    Jun 10 at 6:06 pm

    Property Features for 1219 McPherson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    MULTI-FAMILY RE
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bedroom 1, Basement, Bedroom 2, Bedroom 5, Bathroom 1, Bedroom 6, Bedroom 3
    Parking features
    Off Street
    Patio and Porch features
    Patio
    Exterior features
    Fencing/Partial, Patio/Covered
    Fencing
    Fenced
    Appliances
    Dishwasher, Range/Oven, Refrigerator
    Standard status
    Active
    Size
    3,526 SF
    Lot size
    0.19 Acres

    Taxes and HOA fees

    Tax Year
    3649
    Tax Annual Amount
    2026

    Utilities

    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1944
    Number of units
    2
    Flooring type
    Vinyl, Dining-kitchen/combo, Dining-liv/combo, Breakfast bar, Utility room, Ceiling fan, Carpet, Extra storage
    Roof type
    Composition

    We can help!

    Listing Contact
    Trish Rudolph

    Listing agent Trish Rudolph License #118373

    Listing office HomeSmart Elite Brokers 636 N Colorado St, Kennewick, WA

    Listing date Jun 5, 2026

    MLS# 291896 Listing URL

    Copyright © 2026 PACMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3,526 total SF duplex at 1219 McPherson Ave with two fully finished units, each with its own two‑story layout and basement.
    • 6 bedrooms and 2 bathrooms total across the duplex, with finished basement space that can serve as additional living or flex space.
    • 0.19‑acre lot with a covered back patio and fenced yard.
    • Updates include siding, roof, windows, and a covered back patio.
    • Off‑street parking and composition roof.
    • Central air plus heating including baseboard and forced air.

    Overview

    Located in the heart of Central Richland, this spacious duplex at 1219 McPherson Ave presents an excellent investment opportunity. The property features updated siding, roof, windows, and a covered back patio. The duplex offers 3,526 total square feet across two fully finished units, each with its own two-story layout and a basement. The basement can serve as an additional family room or flex space. The property includes a combined total of 6 bedrooms and 2 bathrooms, providing strong rental potential or the option for owner-occupancy with additional income. Situated on a 0.19-acre lot, the property offers ample space and flexibility. Each unit includes generous living areas, functional layouts, and finished basements that add valuable usable square footage. The property is located in a well-established neighborhood close to schools, parks, and everyday amenities. This multi-family property is ideal for investors or buyers looking to maximize space and income potential.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.8k $13.56
    − Vacancy −$4.0k −$1.13
    EGI $43.8k $12.43
    − OpEx −$13.1k −$3.73
    NOI $30.7k $8.70
    3,526 SF · lease $13.56/SF/yr · vacancy 8.36% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $438.2K
    $383.4K – $511.2K (±1% cap)
    NOI $30,671 @ 7.0% cap · market cap 5.84%
    Second Best
    Apartment 5plus
    $388.1K
    $339.6K – $452.8K (±1% cap)
    NOI $27,166 @ 7.0% cap · market cap 5.18%
    Theoretical Best
    Office A
    $978.0K
    $855.7K – $1.14M (±1% cap)
    NOI $68,459 @ 7.0% cap · market cap 13.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Richland
    County
    Benton
    State
    Washington
    Longitude
    -119.2887404
    Latitude
    46.2852002

    FAQs

    What type of property is this?
    Duplex - Updated duplex with strong rental potential in a desirable location.
    Where is this duplex located?
    The property is located at 1219 McPherson Ave Richland, WA.
    What is the asking price?
    The asking price for this property is $524,900.
    What are key features of this property?
    This property features: 3,526 total SF duplex at 1219 McPherson Ave with two fully finished units, each with its own two‑story layout and basement.; 6 bedrooms and 2 bathrooms total across the duplex, with finished basement space that can serve as additional living or flex space.; 0.19‑acre lot with a covered back patio and fenced yard.
    More about this property
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