New Grandview Duplex For
For Sale
$614,900
401 E Bonnieview Rd, Grandview, WA 98930
MULTI_FAMILY - Grandview, WA
Property Size2,510 SF
Lot Size0.21 Acres
Price / SF$244.98
Days on Market136
Property Features for 401 E Bonnieview Rd
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Zoning description
R2 - 2 Fam Res
Bedrooms
3
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
Directions
GPS
Subdivision
13C - Grandview
Standard status
Active
APN
230914-44413
Size
2,510 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2026
Utilities
Heating system
Forced Air
Water source
Public
Building Details
Year built
2025
Number of units
2
Building materials
Frame
Roof type
Composition
Listing Agency:
eXp Realty LLC Kennewick
(888) 421-2531
Listed By:
Anwar Nassar · License #21012326
(808) 200-3677
Added: Mar 18
Changed: Jul 26
Last Checked: Jul 31 at 11:06PM
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.
Investment Insights
Based on property information with market context.
This new construction duplex is located in Grandview, WA. The property features two units, each with 3 bedrooms and 2 bathrooms. Each unit offers approximately 1,255 sq ft of living space, totaling 2,510 sq ft. The units feature modern open-concept layouts with high ceilings and LVP flooring. The kitchens and living spaces are designed for comfort and functionality. Each unit includes a one-car garage and front yard landscaping. The property is situated on a lot of 0.21 acres. This property is suitable for investors seeking income or buyers looking to live in one unit and rent the other. The property is located in the growing community of Grandview, WA.
Key Highlights
- Brand new 2025 construction duplex with two separate units in Grandview, WA
- Each unit offers 3 bedrooms, 2 bathrooms, and approximately 1,255 sq ft (2,510 sq ft total)
- Forced air heating; composition roof; frame construction
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 | $43.1k | $17.16 |
| − Vacancy | −$2.8k | −$1.12 |
| EGI | $40.3k | $16.04 |
| − OpEx | −$12.1k | −$4.81 |
| NOI | $28.2k | $11.23 |
2,510 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$402.6K
$352.3K – $469.7K
NOI $28,181 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$350.4K
$306.6K – $408.8K
NOI $24,530 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$509.7K
$446.0K – $594.7K
NOI $35,681 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
324
Businesses Nearby
Explore this area
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
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 - New construction duplex in Grandview with modern finishes.
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 $614,900.
What are key features of this property?
This property features: Brand new 2025 construction duplex with two separate units in Grandview, WA; Each unit offers 3 bedrooms, 2 bathrooms, and approximately 1,255 sq ft (2,510 sq ft total); Forced air heating; composition roof; frame construction
