Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    213 Casey Ave Richland, WA 99352

    View on Map
    Sponsored
    For Sale
    $489,900

    Duplex - Richland, WA

    Type:Duplex
    Property size:
    3,200 SF
    Lot size:
    0.35 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 14 at 10:06 pm

    Property Features for 213 Casey Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Parking
    2
    Interior features
    Breakfast Bar, Dining-liv/Combo, Dining-l, Room-bonus, Room-den, Room-family, Windows-double, Windows-vinyl, Laminate
    Size
    3,200 SF
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Heat Pump (Heating)

    Building Details

    Year built
    1944
    Number of units
    2
    Flooring type
    Laminate
    Building materials
    Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Patrick Scacco

    Beacon Realty & Property Management (509) 737-8080

    Listing agent Patrick Scacco (509) 737-8080 License #13557

    Listing date Mar 14, 2026

    MLS# 291271 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.

    Learn more

    Property Insight Report

    Overview

    Richland Duplex with Income Potential

    This duplex, located at the entrance of Richland, presents an investment opportunity in a quiet neighborhood with convenient access to city amenities and freeway entrances. Unit 213 features 2 bedrooms, 1.5 bathrooms, 900 square feet above grade, and a 900 square foot basement. It has new interior paint and laminate flooring and is currently rented for $1800 per month. Unit 215 includes 2 bedrooms, 1 bathroom, 900 square feet above grade, and a 500 square foot basement. This unit has an updated kitchen and bath, along with a new hot water tank. Both units are equipped with newer mini-split HVAC systems, vinyl windows, covered patios, and fenced yards. The property also includes a 2-car detached garage for the 213 side. The property sits on a lot of 0.35 acres. This centrally located duplex offers income-producing potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Real Estate Agency 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
    -119.2772606
    Latitude
    46.2656925

    Nearby Similar for Sale

    • New
      $450,000
      3,600 SF

      Spacious Richland Duplex with Updates

      Updated duplex in Richland offering investment or owner-occupancy potential.
      1507/1509 Judson Ave, Richland, WA 99354
      View Details
    • $449,500
      3,600 SF

      Well-Maintained Duplex in Richland, WA

      Duplex with one vacant unit, perfect for owner occupant.
      1405 Marshall Ave, Richland, WA 99352
      View Details
    • New
      $415,000
      Pending

      Renovated Richland Duplex Opportunity

      Updated duplex in Richland, WA near Hanford, PNNL, and WSU.
      508/510 Douglass Ave, Richland, WA 99352
      View Details
    • $425,000
      3,600 SF

      Updated Duplex in Richland, WA

      Duplex with exterior updates and potential for interior improvements.
      504 Falley St, Richland, WA 99352
      View Details
    • $449,000
      Pending

      Updated Duplex with 5-Car Garage

      Updated duplex with income potential and a large 5-car garage.
      1120/1122 Thayer Dr, Richland, WA 99354
      View Details
    • New
      $395,000
      1,880 SF

      Richland Duplex with Income Potential

      Duplex in Richland, WA with owner financing available.
      502/504 Douglass Ave, Richland, WA 99352
      View Details
    • $465,000
      2,350 SF

      Richland Duplex Investment Opportunity

      Duplex in Richland, WA, with seller financing.
      510 Goethals Dr, Richland, WA 99352
      View Details
    • $1,115,000
      10,422 SF

      Richland Flex/Industrial/Office/Manufacturing Building

      Flex/industrial/office/manufacturing building featuring security and upgraded systems.
      2765 Salk Ave, Richland, WA 99354
      View Details
    • $6,375,000
      25,000 SF

      Grocery-Anchored Dollar Tree NNN Investment

      Grocery-anchored Dollar Tree NNN investment property for sale.
      81 Columbia Point Dr, Richland, WA 99352
      View Details
    • Contact for pricing
      7,125 SF

      Richland Commercial Property Investment

      Fully occupied commercial property in Richland with high visibility.
      1177 Jadwin Ave, Richland, WA 99352
      View Details
    • $965,000

      Fully Occupied Richland Retail Center

      Neighborhood retail center with strong tenants and Thayer Drive frontage.
      1217 Thayer Dr, Richland, WA 99352
      View Details
    • Contact for pricing
      7,700 SF

      New Retail/Office Space Available

      Shell space in Horn Rapids Business Park, design your suite.
      2385 Robertson Dr, Richland, WA 99354
      View Details

    FAQs

    What type of property is this?
    Duplex - Income-producing duplex in Richland with updated features and convenient location.
    Where is this duplex located?
    The property is located at 213 Casey Ave Richland, WA.
    What is the asking price?
    The asking price for this property is $489,900.
    What are key features of this property?
    This property features: - Income-producing duplex: Live in one unit and rent the other for immediate income.; - Newer mini-split HVAC systems in both units for efficient heating and cooling.; - Prime location: Situated at the entrance of Richland, offering quick access to city amenities and freeway entrances.
    (509) 539-9385
    Request Owner's contact information
    213 Casey Ave Richland, WA 99352
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    213 Casey Ave
    Richland, WA 99352
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    213 Casey Ave Richland, WA 99352
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Patrick Scacco
    Real Estate License ID: 13557
    (509) 539-9385 (509) 737-8080
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!