326-328 Douglass Ave, Richland, WA 99352
MULTI_FAMILY - Richland, WA
- Added:
- Jun 9, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 9 at 5:06 pm
Property Features for 326-328 Douglass Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Residential
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Basement, Bedroom 3, Bedroom 1
- Parking features
- Off Street
- Patio and Porch features
- Patio
- Exterior features
- Fencing/Partial, Patio/Open, Corner Lot
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- Range/Oven
- Standard status
- Active
- Size
- 2,700 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 3099
Utilities
- Heating system
- Baseboard
Building Details
- Year built
- 1944
- Number of units
- 2
- Flooring type
- Windows-double, Windows-storm, Drapes/curtains/blinds, Dining-liv/combo, Carpet, Windows-metal
- Roof type
- Composition
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 9, 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
- “B” duplex in central Richland, built in 1944, with separate Unit 326 and Unit 328 layouts
- Unit 326: 2 bedrooms, 1.75 baths, and a large finished basement
- Unit 328: 2 bedrooms, 1 bath, with a smaller basement
- Multiple basement areas in both units, including family rooms and office space
- Newer flooring in both units, plus range/oven appliances
- Corner lot with fenced yards, open patio, and off‑street parking
Overview
Located in central Richland, the property is described as being convenient to Hanford, PNNL, WSU, parks, shopping, and the river. The listing also notes residential zoning. A large area for off-street parking supports day-to-day tenant needs.
The layout provides flexibility for tenants or buyers seeking a duplex with separate units, each with defined indoor living space and additional basement area. The combination of newer flooring, dedicated back yard space, and off-street parking makes the property practical for both owner-occupants and investors looking to operate as two rental units.
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 | $36.6k | $13.56 |
| − Vacancy | −$3.1k | −$1.13 |
| EGI | $33.6k | $12.43 |
| − OpEx | −$10.1k | −$3.73 |
| NOI | $23.5k | $8.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richland
- County
- Benton
- State
- Washington
- Longitude
- -119.281536
- Latitude
- 46.268792
