Classic B Duplex with Off-Street
1402/1404 Haupt Ave Richland, WA 99354
New
1402/1404 Haupt Ave, Richland, WA, 99354
$425,000
For Sale
$425,000
MULTI_FAMILY - Richland, WA
Property Size1,800 SF
Lot Size0.23 Acres
Price / SF$236.11
Days on Market2
Property Features for 1402/1404 Haupt Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 1, Dining Room
- Parking features
- RV, Carport, Off Street
- Window features
- Vinyl Frames
- Patio and Porch features
- Patio
- Interior features
- Carpets, L Dining, Storage, Vinyl
- Exterior features
- Fencing/Enclosed, Corner Lot
- Fencing
- Fenced
- Basement
- Full
- Appliances
- Range/Oven, Refrigerator
- Standard status
- Active
- APN
- 102984020806001
- Size
- 1,800 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4540
Utilities
- Utilities
- Electricity Available
- Heating system
- Electric (Heating)
- Cooling system
- Window Unit(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1944
- Number of units
- 2
- Flooring type
- Laminate, Carpet, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Composition
- Additional Structures
- Storage
Listing Agency
RE/MAX Northwest REALTORS
(509) 736-3344
8200 W Grandridge Blvd, Kennewick, WA
Listed by
Hillary Templin · License #109825
(509) 660-0421
Added: Jul 16 Checked: Jul 17 at 7:06 am
MLS# 294757
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.
Investment Insights
Based on property information with market context.
This classic B duplex offers two units designed for flexible residential income use. Both units include vinyl windows and siding, paved off-street parking with carport access, and a fenced yard. Unfinished basements in each unit provide additional storage and space that can be finished to suit future needs.
The property is located at 1402/1404 Haupt Ave in Richland, near riverfront amenities and within minutes of Hanford and PNNL, as well as WSU, parks, and shopping.
The property is located at 1402/1404 Haupt Ave in Richland, near riverfront amenities and within minutes of Hanford and PNNL, as well as WSU, parks, and shopping.
Key Highlights
- Classic Richland B duplex built in 1944, with vinyl siding and composition roof
- Fenced corner lot with a patio and fenced yard
- Paved off‑street parking for both units, plus carport and RV parking
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 | $24.4k | $13.56 |
| − Vacancy | −$2.0k | −$1.13 |
| EGI | $22.4k | $12.43 |
| − OpEx | −$6.7k | −$3.73 |
| NOI | $15.7k | $8.70 |
1,800 SF · lease $13.56/SF/yr · vacancy 8.36% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$223.7K
$195.7K – $261.0K
NOI $15,657 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$198.1K
$173.4K – $231.1K
NOI $13,868 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$499.3K
$436.9K – $582.5K
NOI $34,948 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Each side features paved off-street parking, a carport, vinyl windows, and siding, plus unfinished basements for added storage.
Where is this duplex located?
The property is located at 1402/1404 Haupt Ave Richland, WA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Classic Richland B duplex built in 1944, with vinyl siding and composition roof; Fenced corner lot with a patio and fenced yard; Paved off‑street parking for both units, plus carport and RV parking
