Two-Unit Duplex with
200 E 3rd St, Grandview, WA 98930
For Sale
$270,000
Pending
Residential Income, Grandview, WA
Property Size2,400 SF
Lot Size0.18 Acres
Days on Market103
Property Features for 200 E 3rd St
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Window features
Interior features
Basement
Appliances
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
basement storage
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Zion Properties, LLC
50952156
Listed By:
Susie Rodriguez
(509) 539-3061
Added: Jul 29
Changed: Nov 5
Last Checked: Nov 8 at 3:06PM
MLS# 295071
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.
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Investment Insights
Based on property information with market context.
This two-story duplex contains two apartments: one with three bedrooms and one bathroom, and another with two bedrooms and one bathroom. The units measure 1,320 square feet and 1,080 square feet, respectively. A 1,080-square-foot basement is used for storage. The property was built in 1920 and occupies a 0.18-acre lot.
Interior finishes include laminate and carpet flooring. The building has wood siding, natural gas heat, and window-unit cooling. The property needs some work.
Interior finishes include laminate and carpet flooring. The building has wood siding, natural gas heat, and window-unit cooling. The property needs some work.
Key Highlights
- Two apartments: one with 3 bedrooms and 1 bathroom; the other with 2 bedrooms and 1 bathroom
- Unit sizes are 1,320 square feet and 1,080 square feet
- 1,080‑square‑foot basement used for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,455
Cap Rate
8.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,100
$469.1K
Cap Rate 7%
$335,071
$335.1K
Cap Rate 9%
$260,611
$260.6K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$45.8K $19.08/SF
− Vacancy
−$3.1K −$1.31/SF
EGI
$42.6K $17.77/SF
− OpEx
−$19.2K −$8.00/SF
NOI
$23.5K $9.77/SF
Area
Yakima County, WA
Vacancy
6.87%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,100
Cap Rate 7%
$335,071
Cap Rate 9%
$260,611
Alternative Uses
Best Use
Multifamily LT 5
$384.9K
$336.8K – $449.1K
NOI $26,946 @ 7.0% cap · market cap 9.98%
Second Best
Apartment 5plus
$335.1K
$293.2K – $390.9K
NOI $23,455 @ 7.0% cap · market cap 8.69%
Theoretical Best
Office A
$487.4K
$426.5K – $568.6K
NOI $34,117 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
340
Businesses Nearby
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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
$277,600
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Yakima County, WA
Properties on Market for Duplexes in Yakima County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two residences offer a combined five bedrooms and two bathrooms, with additional basement storage.
Where is this duplex located?
The property is located at 200 E 3rd St Grandview, WA.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Two apartments: one with 3 bedrooms and 1 bathroom; the other with 2 bedrooms and 1 bathroom; Unit sizes are 1,320 square feet and 1,080 square feet; 1,080‑square‑foot basement used for storage
