Brand-New Duplex with Two
For Sale
$614,900
401 E Bonnieview, Grandview, WA 98930
MULTI_FAMILY - Grandview, WA
Property Size2,510 SF
Price / SF$244.98
Days on Market139
Property Features for 401 E Bonnieview
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning
MULTI-FAMILY RE
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 6, Bathroom 3, Bedroom 4, Bedroom 2, Bathroom 4, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 2, Bedroom 3
Subdivision
NONE/NA
Directions
GPS
Standard status
Active
APN
***
Size
2,510 SF
Taxes and HOA fees
Tax Year
2026
Building Details
Year built
2025
Number of units
2
Listing Agency:
eXp Realty, LLC
(888) 317-5197
Listed By:
Anwar Nassar · License #21012326
(509) 840-1323
Added: Mar 16
Changed: Jul 30
Last Checked: Aug 1 at 2:06AM
MLS# 291321
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.
Investment Insights
Based on property information with market context.
New construction duplex at 401 E Bonnieview, Grandview, WA, currently under construction with a projected 2025 build year. The property features two spacious units designed with modern open-concept layouts and high ceilings. Durable LVP flooring runs throughout both residences, complemented by updated, high-end finishes.
Each unit offers three bedrooms and two bathrooms, with approximately 1,255 sq ft of living space. Kitchens and living areas are laid out for day-to-day comfort and long-term durability. Outside, each unit includes its own one-car garage and front-yard landscaping.
Zoned MULTI-FAMILY RE, the duplex configuration supports a variety of owner-occupant and investment approaches, including living in one unit while renting the other.
Each unit offers three bedrooms and two bathrooms, with approximately 1,255 sq ft of living space. Kitchens and living areas are laid out for day-to-day comfort and long-term durability. Outside, each unit includes its own one-car garage and front-yard landscaping.
Zoned MULTI-FAMILY RE, the duplex configuration supports a variety of owner-occupant and investment approaches, including living in one unit while renting the other.
Key Highlights
- Brand‑new duplex, under construction, with 2025 year built
- Two‑unit layout with approximately 2,510 sq ft total living space
- Each unit offers about 1,255 sq ft with 3 bedrooms and 2 bathrooms
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 | $43.1k | $17.16 |
| − Vacancy | −$2.8k | −$1.12 |
| EGI | $40.3k | $16.04 |
| − OpEx | −$12.1k | −$4.81 |
| NOI | $28.2k | $11.23 |
2,510 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$402.6K
$352.3K – $469.7K
NOI $28,181 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$350.4K
$306.6K – $408.8K
NOI $24,530 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$509.7K
$446.0K – $594.7K
NOI $35,681 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
Business Placement
Demographics for 98930, WA
15,339
Population
4,910
Households
3.1
Avg Household Size
30
Median Age
9%
College-Educated
67%
High-School Grad
44.9 sq mi
ZIP Area
342
Density / Sq Mi
$67,798
Median Household Income
$34,675
Median Earnings
$980
Median Rent
$277,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Newly constructed duplex with two open-concept three-bedroom, two-bath units, each with a one-car garage.
Where is this duplex located?
The property is located at 401 E Bonnieview Grandview, WA.
What is the asking price?
The asking price for this property is $614,900.
What are key features of this property?
This property features: Brand‑new duplex, under construction, with 2025 year built; Two‑unit layout with approximately 2,510 sq ft total living space; Each unit offers about 1,255 sq ft with 3 bedrooms and 2 bathrooms
