Two-Unit Duplex with
326-328 Douglass Ave, Richland, WA 99352
New
- Added:
- Jun 11, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 13 at 8:06 am
Property Features for 326-328 Douglass Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 1, Basement, Bedroom 2
- Parking features
- Off Street
- Patio and Porch features
- Patio
- Exterior features
- Fencing/Partial, Patio/Open, Corner Lot
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Range/Oven
- Standard status
- Pending
- Size
- 2,700 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3099
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1944
- Number of units
- 2
- Flooring type
- Carpet, Windows-double, Windows-metal, Windows-storm, Drapes/curtains/blinds, Dining-liv/combo
- Roof type
- Composition
Listing agent Fred Lutes License #21102 (509) 366-9821
Listing office HomeSmart Elite Brokers 636 N Colorado St, Kennewick, WA (509) 371-9085
Listing date Jun 11, 2026
MLS# 293685
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
- Duplex with 2 units (326 and 328) built in 1944, offering 2‑bedroom layouts with basement space for each unit.
- Unit 326: 2 bedrooms, 1.75 baths, plus a large finished basement; includes newer flooring.
- Unit 328: 2 bedrooms, 1 bath, plus a smaller basement area; includes newer flooring.
- Multiple basement areas in both units, including family rooms and offices.
- Corner lot with fenced yard areas for each unit, open patio, and off‑street parking.
- Baseboard heating and composition roof; fireplace on site.
Overview
This two-unit duplex at 326-328 Douglass Ave includes separate residences on the same property, each with its own back yard area and basement space. The 326 unit features 2 bedrooms and 1.75 baths, along with a large finished basement designed for additional living or flexible space. The 328 unit offers 2 bedrooms and 1 bath, with a smaller basement. Both units are described as having newer flooring. The basements provide multiple areas that can be used as family rooms, offices, or similar secondary spaces, supported by the property’s described layout.
Located in central Richland, the property is positioned for convenience to Hanford and PNNL, as well as WSU, parks, shopping, and the river. The listing also notes a large area for off-street parking, which can be a practical benefit for tenants, guests, and day-to-day access.
For buyers seeking a residential income property, the duplex configuration provides two distinct units with separate yard areas and basement space, which can support varied tenant needs. It may also appeal to owner-occupants looking to live in one unit while generating rental income from the other. With newer flooring in both units and defined parking and outdoor space, the property offers a straightforward setup for residential tenancy.
Located in central Richland, the property is positioned for convenience to Hanford and PNNL, as well as WSU, parks, shopping, and the river. The listing also notes a large area for off-street parking, which can be a practical benefit for tenants, guests, and day-to-day access.
For buyers seeking a residential income property, the duplex configuration provides two distinct units with separate yard areas and basement space, which can support varied tenant needs. It may also appeal to owner-occupants looking to live in one unit while generating rental income from the other. With newer flooring in both units and defined parking and outdoor space, the property offers a straightforward setup for residential tenancy.
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 | $36.6k | $13.56 |
| − Vacancy | −$3.1k | −$1.13 |
| EGI | $33.6k | $12.43 |
| − OpEx | −$10.1k | −$3.73 |
| NOI | $23.5k | $8.70 |
2,700 SF · lease $13.56/SF/yr · vacancy 8.36% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$335.5K
$293.6K – $391.4K
NOI $23,486 @ 7.0% cap · market cap 5.62%
Second Best
Apartment 5plus
$297.2K
$260.0K – $346.7K
NOI $20,802 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$748.9K
$655.3K – $873.7K
NOI $52,422 @ 7.0% cap · market cap 12.54%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Richland
- County
- Benton
- State
- Washington
- Longitude
- -119.281536
- Latitude
- 46.268792
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in central Richland with two-bedroom units, multiple basement areas, newer flooring, and off-street parking.
Where is this duplex located?
The property is located at 326-328 Douglass Ave Richland, WA.
What is the asking price?
The asking price for this property is $418,000.
What are key features of this property?
This property features: Duplex with 2 units (326 and 328) built in 1944, offering 2‑bedroom layouts with basement space for each unit.; Unit 326: 2 bedrooms, 1.75 baths, plus a large finished basement; includes newer flooring.; Unit 328: 2 bedrooms, 1 bath, plus a smaller basement area; includes newer flooring.
