3401 W 1st Place, Kennewick, WA 99336
MULTI_FAMILY - Kennewick, WA
- Added:
- Jun 20, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 21 at 12:06 am
Property Features for 3401 W 1st Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI-FAMILY RE
- Bedrooms
- 12
- Bathrooms
- 4
- Rooms
- Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 10, Bedroom 12, Bathroom 3, Bedroom 11, Bedroom 8, Bedroom 9, Bedroom 2, Bedroom 4, Bathroom 2
- Parking features
- Off Street
- Patio and Porch features
- Deck
- Exterior features
- Fencing/Partial, Deck, Cul-De-Sac
- Fencing
- Fenced
- Appliances
- Dishwasher, Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 4,512 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4325
Utilities
- Heating system
- Electric (Heating), Forced Air, Heat Pump (Heating)
- Cooling system
- Electric
Building Details
- Year built
- 1978
- Number of units
- 4
- Flooring type
- Dining-liv/combo, Vinyl, Utility room, Carpet, New floor cover, Windows-double, Laminate
- Roof type
- Composition
Listing agent John Keltch (509) 727-1001
Listing office Windermere Group One/Tri-Cities 490 BRADLEY BLVD, Richland, WA (509) 946-1188
Listing date Jun 20, 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
- 2‑story 4‑plex with 3 beds and 1 bath per unit
- All units include laundry hookups
- Located on a cul‑de‑sac with other multi‑family properties in West Kennewick
- Off‑street parking available
- 1978 build with composition roof and double‑pane windows
- Deck and fenced exterior with electric cooling
Overview
Located in Kennewick, Washington, the building sits among other multi-family properties described as being centrally located in West Kennewick. The zoning is listed as MULTI-FAMILY RE, aligning with the existing multi-unit configuration.
For buyers seeking a straightforward residential income asset, this property provides uniform unit layouts across all four units, each with the same bedroom and bathroom count plus in-unit laundry hookups. The off-street parking supports practical day-to-day livability, and the cul-de-sac location helps define a dedicated residential setting. With the property presented as an investment opportunity, it may appeal to both first-time and experienced investors looking for a small multi-family portfolio in a multi-family zoning environment.
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 | $61.2k | $13.56 |
| − Vacancy | −$5.1k | −$1.13 |
| EGI | $56.1k | $12.43 |
| − OpEx | −$16.8k | −$3.73 |
| NOI | $39.2k | $8.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kennewick
- County
- Benton
- State
- Washington
- Longitude
- -119.1678782
- Latitude
- 46.2080448
