Two-Unit Duplex with
401 E Bonnieview Rd, Grandview, WA 98930
For Sale
$599,000
Residential Income, Grandview, WA
Property Size2,510 SF
Lot Size0.21 Acres
Price / SF$238.65
Days on Market236
Property Features for 401 E Bonnieview Rd
General Information
Property type
Property subtype
Property condition
Zoning description
Bedrooms
Bathrooms
Full bathrooms
Rooms
Directions
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Utilities
Heating system
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Building Details
Year built
Number of units
Building materials
Roof type
Buildings
Listing Agency:
eXp Realty LLC Kennewick
(888) 421-2531
Listed By:
Anwar Nassar · License #21012326
(509) 840-1323
Added: Mar 18
Changed: Nov 7
Last Checked: Nov 8 at 3:06PM
MLS# 26-699
Copyright © 2026 Yakima Association of Realtors. 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 duplex is under construction on a 0.21-acre lot in Grandview. The building totals 2,510 square feet and contains two residences, each measuring approximately 1,255 square feet with three bedrooms and two bathrooms. Both units have open-concept layouts, high ceilings, LVP flooring, and their own one-car garage. Front yard landscaping is included.
The property is identified as a 2025 build and has frame construction, forced-air heating, public water, and a composition roof.
The property is identified as a 2025 build and has frame construction, forced-air heating, public water, and a composition roof.
Key Highlights
- Two‑unit duplex with 2,510 square feet total
- Each unit has 3 bedrooms, 2 bathrooms, and approximately 1,255 square feet
- One‑car garage for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,181
Cap Rate
4.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,620
$563.6K
Cap Rate 7%
$402,586
$402.6K
Cap Rate 9%
$313,122
$313.1K
Market Conditions
NOI Build-Up for 2,510 SF
Gross rent
$43.1K $17.16/SF
− Vacancy
−$2.8K −$1.12/SF
EGI
$40.3K $16.04/SF
− OpEx
−$12.1K −$4.81/SF
NOI
$28.2K $11.23/SF
Area
Yakima County, WA
Vacancy
6.53%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$563,620
Cap Rate 7%
$402,586
Cap Rate 9%
$313,122
Alternative Uses
Best Use
Multifamily LT 5
$402.6K
$352.3K – $469.7K
NOI $28,181 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$350.4K
$306.6K – $408.8K
NOI $24,530 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$509.7K
$446.0K – $594.7K
NOI $35,681 @ 7.0% cap · market cap 5.96%
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
324
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 - Each residence has an individual garage, open living areas, and a three-bedroom, two-bathroom layout.
Where is this duplex located?
The property is located at 401 E Bonnieview Rd Grandview, WA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,510 square feet total; Each unit has 3 bedrooms, 2 bathrooms, and approximately 1,255 square feet; One‑car garage for each residence
