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

    2512 E Helena Pasco, WA 99301

    View on Map
    Pending
    $549,900

    Duplex - Pasco, WA

    Type:Duplex
    Property size:
    2,475 SF
    Lot size:
    0.15 Acres
    Added:
    Mar 8, 2026
    Days on Market:
    24
    Last Refresh:
    Apr 1 at 4:06 am

    Property Features for 2512 E Helena

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    Residential
    Bedrooms
    6
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Parking
    1
    Window features
    Skylight(s)
    Interior features
    Bath-master, Dining-liv/Combo, Drapes/Curtains/Blinds, Extra Storage, Skylight(s), Walk In Closet(s), Windows-double, Windows-vinyl, Master Suite
    Standard status
    Pending
    Size
    2,475 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    TaxYear
    2026
    TaxAnnualAmount
    4181

    Utilities

    Heating system
    Heat Pump (Heating)

    Building Details

    Year built
    2021
    Number of units
    2
    Building materials
    Concrete
    Architectural style
    Other

    We can help!

    Listing Contact
    David Shinabarger

    Listing agent David Shinabarger License #26866

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

    Listing date Mar 8, 2026

    MLS# 290770 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.

    Overview

    Pasco Duplex Built in 2021

    This well-maintained duplex, constructed in 2021, presents a turnkey rental opportunity with a documented history of successful leasing. The property features two units, each designed with an open concept and durable LVP flooring throughout. Unit A provides 1213 square feet of living space, while Unit B offers 1262 square feet. Both units include three bedrooms and two full bathrooms, complemented by quartz countertops. Primary bedrooms feature walk-in closets and ensuite bathrooms. Covered parking is available for residents. The 0.15-acre property is fully fenced, with the backyard divided by vinyl fencing to ensure privacy for tenants. All appliances are owned by the seller and are included in the sale. Located in Pasco, Washington, this residential-zoned duplex offers a solid investment in a desirable area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Kitchen & Bath Showroom Daycare Center Big Box & Wholesale Store Department Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Pasco
    County
    Franklin
    State
    Washington
    Longitude
    -119.063226
    Latitude
    46.228954

    Nearby Similar for Sale

    • $525,000
      2,780 SF

      Pasco Fourplex Investment Opportunity

      Fully rented fourplex in Pasco with flexible rental appeal.
      1713 N 10Th Ave, Pasco, WA 99301
      View Details
    • $499,000
      2,028 SF

      Remodeled Duplex with Separate Entrances

      Remodeled duplex in Pasco with private entrances and yards.
      407 W Shoshone St, Pasco, WA 99301
      View Details
    • $624,900

      Established Cherry Orchard Ready to Harvest

      Turnkey 10-acre cherry orchard with irrigation and equipment shed.
      630 Moore Rd, Pasco, WA 99301
      View Details
    • $455,000
      1,425 SF

      Updated Duplex in Pasco, WA

      Updated duplex: investment, multi-generational living, or rent.
      1304 N 16th Ave, Pasco, WA 99301
      View Details
    • $775,000
      3,536 SF

      Pasco Fourplex with Separate Utilities

      Fourplex in Pasco, WA, each unit with separate utility hookups.
      1504 W Ruby, Pasco, WA 99301
      View Details
    • $1,350,000
      8,540 SF

      Updated Church and Event Center

      Turnkey church and event center on over four acres.
      791 County Haven Loop, Pasco, WA 99301
      View Details
    • $950,000
      2,400 SF

      Industrial Warehouse with Storage Units

      2,400 SF warehouse with storage units for sale.
      710 N California Ave, Pasco, WA 99301
      View Details
    • $26
      6,200 SF

      Versatile Plaza on 20th Avenue

      Plaza suited for office, retail, or medical use.
      2915 N 20th Ave - Bldg D Ave Ste 3, Pasco, WA 99301
      View Details
    • $3,575,000
      13,440 SF

      Modern Office Space in Pasco

      Class A office space in a dynamic business hub.
      9425 Sandifur Parkway, Pasco, WA 99301
      View Details
    • $18
      3,026 SF

      Commercial Office Building on Main

      Commercial office building with high visibility and easy access.
      320 N 20th Ave, Pasco, WA
      View Details
    • $2,700,000
      8,100 SF

      Pasco Investment Opportunity

      8,100 SF building with ESD 10-Year Lease.
      611 W Columbia St + 120 S 5th Ave, PASCO, WA 99301
      View Details
    • $24
      22,270 SF

      Modern Office and Retail Space

      New Pasco office/retail suites near major highways and airport.
      2713 N 20th Ave, Ste 112 Ave 112, Pasco, WA
      View Details

    FAQs

    What type of property is this?
    Duplex - Turnkey duplex in Pasco with strong rental history.
    Where is this duplex located?
    The property is located at 2512 E Helena Pasco, WA.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: Strong rental history and turnkey condition, ideal for immediate income generation.; Built in 2021, ensuring modern construction and minimal maintenance.; Each unit features 3 beds and 2 full baths, quartz countertops, and covered parking.
    (509) 947-8076
    We can help!
    Listing Contact
    David Shinabarger
    Real Estate License ID: 26866
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!