Duplex with Updated Units and
1026 Birch Ave, Richland, WA 99354
New
MULTI_FAMILY - Richland, WA
Property size:
3,456 SFLot size:
0.34 AcresPrice / SF:
$144/SF- Added:
- Jul 1, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 2 at 8:06 am
Property Features for 1026 Birch Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Rural Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 2, Bedroom 3
- Parking features
- Garage
- Patio and Porch features
- Patio
- Exterior features
- Fencing/Enclosed, Pond, Water Feature Fountain
- Fencing
- Fenced
- Basement
- Finished, Partially Finished
- Standard status
- Active
- APN
- 110982020248002
- Size
- 3,456 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4274
Utilities
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1952
- Number of units
- 2
- Building materials
- Wood Siding
- Roof type
- Composition
Listing agent Arielle Hays License #21019356 (509) 222-4107
Listing office ERA Skyview Realty 1766 Fowler St, Richland, WA (509) 726-2390
Listing date Jul 1, 2026
MLS# 294312
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
- Richland duplex built in 1952 with two units, each with its own basement and outdoor space
- Extensively updated unit features a custom kitchen with granite countertops, breakfast bar, updated cabinetry, and hard‑surface flooring
- New carpeting in the primary bedroom of the updated unit; second unit has durable laminate flooring plus brand‑new carpeting
- Basements offer expansion potential, including a roughed‑in bathroom and a newer HVAC system
- Large, flat, usable fenced yards with upgraded unit landscaping, garden area, and a relaxing water feature fountain
- Oversized detached two‑car garage plus poured concrete off‑street parking for both residences
Overview
This duplex property offers two separate units with interior updates and expansion space. One unit features a remodeled custom kitchen with granite countertops, a breakfast bar, updated cabinetry, and hard-surface flooring in the main living areas, along with new carpeting in the primary bedroom. Its spacious basement includes a roughed-in bathroom and a newer HVAC system, supporting future finishing or additional living space. The second unit has also been improved with durable laminate flooring in the main living area and brand-new carpeting, and it includes a full basement that could be adapted for additional bedrooms, living space, a home office, hobby room, or storage.
Set on a 0.34-acre lot, both residences share large, flat, usable yards suitable for outdoor activities, gardening, pets, and entertaining. The upgraded unit’s backyard includes a landscaped area with a garden feature, a water feature, and an oversized detached two-car garage for parking, storage, or workshop use. Additional poured concrete parking areas provide off-street parking for both residences. The property is listed with Rural Residential zoning.
For investors, owner-occupants, or multi-generational households, the combination of updated living areas, full basements, and separate outdoor space can support a flexible approach to occupancy and use. The presence of off-street parking and a detached garage further supports day-to-day convenience for both units, while nearby shopping, restaurants, parks, and everyday amenities add practical value to the location.
Set on a 0.34-acre lot, both residences share large, flat, usable yards suitable for outdoor activities, gardening, pets, and entertaining. The upgraded unit’s backyard includes a landscaped area with a garden feature, a water feature, and an oversized detached two-car garage for parking, storage, or workshop use. Additional poured concrete parking areas provide off-street parking for both residences. The property is listed with Rural Residential zoning.
For investors, owner-occupants, or multi-generational households, the combination of updated living areas, full basements, and separate outdoor space can support a flexible approach to occupancy and use. The presence of off-street parking and a detached garage further supports day-to-day convenience for both units, while nearby shopping, restaurants, parks, and everyday amenities add practical value to the location.
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 | $46.9k | $13.56 |
| − Vacancy | −$3.9k | −$1.13 |
| EGI | $42.9k | $12.43 |
| − OpEx | −$12.9k | −$3.73 |
| NOI | $30.1k | $8.70 |
3,456 SF · lease $13.56/SF/yr · vacancy 8.36% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$429.5K
$375.8K – $501.0K
NOI $30,062 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$380.4K
$332.8K – $443.8K
NOI $26,627 @ 7.0% cap · market cap 5.34%
Theoretical Best
Office A
$958.6K
$838.8K – $1.12M
NOI $67,100 @ 7.0% cap · market cap 13.45%
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
- -119.2991824
- Latitude
- 46.2817532
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Richland with updated interiors, full basements for expansion, and generous yards with off-street parking.
Where is this duplex located?
The property is located at 1026 Birch Ave Richland, WA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Richland duplex built in 1952 with two units, each with its own basement and outdoor space; Extensively updated unit features a custom kitchen with granite countertops, breakfast bar, updated cabinetry, and hard‑surface flooring; New carpeting in the primary bedroom of the updated unit; second unit has durable laminate flooring plus brand‑new carpeting
