903 N Neel St, Kennewick, WA 99336
MULTI_FAMILY - Kennewick, WA
- Added:
- Jun 10, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 10 at 8:06 pm
Property Features for 903 N Neel St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bathroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 1
- Parking features
- Carport
- Patio and Porch features
- Patio
- Exterior features
- Fencing/Partial, Patio/Open, Corner Lot
- Fencing
- Fenced
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Pending
- Size
- 2,564 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3218
Utilities
- Heating system
- Electric (Heating), Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1961
- Number of units
- 2
- Flooring type
- Windows-metal, Ceiling fan, Vinyl, Carpet
- Roof type
- Built-Up
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 10, 2026
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
- Kennewick duplex with 2,564 SF total and two spacious units
- Each unit features 3 bedrooms and 1.75 baths
- Central heat and air in both units, plus forced air and electric heating
- Exterior includes fenced areas, open patio, and corner lot setting
- Each unit has its own back yard area and storage shed
- Parking includes a carport on the 'A' unit with additional off‑street parking
Overview
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 | $34.8k | $13.56 |
| − Vacancy | −$2.9k | −$1.13 |
| EGI | $31.9k | $12.43 |
| − OpEx | −$9.6k | −$3.73 |
| NOI | $22.3k | $8.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kennewick
- County
- Benton
- State
- Washington
- Longitude
- -119.170831
- Latitude
- 46.220203
