Extensively Renovated
New
For Sale
$725,000
1402 N Edison Street, Kennewick, WA 99336
MULTI_FAMILY - Kennewick, WA
Property Size3,349 SF
Lot Size0.50 Acres
Price / SF$216.48
Days on Market1
Property Features for 1402 N Edison Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
Residential
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bedroom 5, Dining Room, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 1, Bedroom 4
Parking features
Off Street
Window features
Vinyl Frames, Double Pane Windows
Patio and Porch features
Deck
Interior features
Bath Off Primary, Raised Ceiling(s), Vaulted Ceiling(s), Dining/Living Room Combo, Walk-In Closet(s), Ceiling Fan(s), New Floor Cover, New Paint, Vinyl, Master Suite
Exterior features
Storage Building, Fencing/Enclosed
Fencing
Fenced
Appliances
Dishwasher, Disposal, Microwave, Range/Oven, Refrigerator
Subdivision
SHORT PLAT
Lot features
Partial Irrigated, Loc in City Limits
Elementary school district
KENNEWICK
Middle school district
KENNEWICK
High school district
KENNEWICK
Directions
Turn into driveway from Edison Street near Canal Street.
Standard status
Active
APN
133991020007004
Size
3,349 SF
Lot size
0.50 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2927
Utilities
Utilities
Cable Available
Heating system
Forced Air, Heat Pump (Heating), Electric (Heating)
Cooling system
Heat Pump, Electric
Water source
Public
Building Details
Year built
1958
Number of units
2
Flooring type
Vinyl, New floor cover
Building materials
Cement Board
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Retter and Company Sotheby's · Sotheby's International Realty
(509) 783-8811
Listed By:
Monroe Davis
(509) 528-2178
Added: Jul 30
Last Checked: Jul 30 at 10:06PM
MLS# 295125
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.
Extensively renovated 3,349 SF duplex on a 0.4987-acre lot with substantial infrastructure improvements completed in 2025. Nearly every major component was modernized, and the redevelopment included utility infrastructure upgrades, including electrical service planning that contemplated future multifamily expansion considerations. The property offers an existing duplex configuration that supports income-producing potential with flexibility for long-term ownership strategies. Utility and infrastructure documentation is available for review.
The home was built in 1958 and includes a composition roof. Interior features include a primary bath off the primary, raised and vaulted ceilings, a dining/living room combo, walk-in closets, ceiling fans, new floor covering, and new paint. Exterior amenities include a deck, fenced/enclosed fencing, and a storage building. Heating and cooling are provided by a forced-air system with a heat pump and electric heating and cooling. Cable is available, and water is public.
All buyers should independently verify zoning, future development opportunities, and intended use.
The home was built in 1958 and includes a composition roof. Interior features include a primary bath off the primary, raised and vaulted ceilings, a dining/living room combo, walk-in closets, ceiling fans, new floor covering, and new paint. Exterior amenities include a deck, fenced/enclosed fencing, and a storage building. Heating and cooling are provided by a forced-air system with a heat pump and electric heating and cooling. Cable is available, and water is public.
All buyers should independently verify zoning, future development opportunities, and intended use.
Key Highlights
- Extensively renovated 3,349 SF duplex with infrastructure improvements completed in 2025
- 0.4987‑acre lot with fenced/enclosed exterior and deck
- Electrical service planning contemplated future multifamily expansion considerations
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 | $45.4k | $13.56 |
| − Vacancy | −$3.8k | −$1.13 |
| EGI | $41.6k | $12.43 |
| − OpEx | −$12.5k | −$3.73 |
| NOI | $29.1k | $8.70 |
3,349 SF · lease $13.56/SF/yr · vacancy 8.36% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$416.2K
$364.1K – $485.5K
NOI $29,131 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$368.6K
$322.5K – $430.1K
NOI $25,803 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$928.9K
$812.8K – $1.08M
NOI $65,022 @ 7.0% cap · market cap 8.97%
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
141
Businesses Nearby
Explore this area
Business Placement
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
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 - Renovated duplex with a large lot, fenced exterior, deck, and upgraded utility infrastructure planned for future multifamily expansion.
Where is this duplex located?
The property is located at 1402 N Edison Street Kennewick, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Extensively renovated 3,349 SF duplex with infrastructure improvements completed in 2025; 0.4987‑acre lot with fenced/enclosed exterior and deck; Electrical service planning contemplated future multifamily expansion considerations
