Building Details

Year built 2025

Number of units 2

Listing Agency: eXp Realty, LLC Show Phone

Listed By: Anwar Nassar · License #21012326 Show Phone

Added: Mar 16 Changed: Oct 7 Last Checked: Oct 11 at 10:06AM

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MLS# 291321

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.

Investment Insights

Based on property information with market context.

Located at 401 E Bonnieview in Grandview, this under-construction duplex is scheduled as a 2025 build and contains two separate residences totaling 2,510 square feet. Each unit is designed with 3 bedrooms, 2 bathrooms, approximately 1,255 square feet, an open-concept arrangement, high ceilings, LVP flooring, and contemporary finish selections. A private one-car garage accompanies each residence, while front-yard landscaping is included in the site improvements.

The property carries MULTI-FAMILY RE zoning and is situated in Grandview, within Yakima County. Its two-unit configuration provides distinct living spaces within one building, with each residence offering its own garage and interior layout.

Key Highlights

• Two‑unit duplex with 2,510 square feet of total living space
• Each unit includes 3 bedrooms, 2 bathrooms, and approximately 1,255 sq ft
• Under construction with a 2025 year built

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 (±1% cap)

NOI $28,181 @ 7.0% cap · market cap 4.70%

Second Best

Apartment 5plus

$350.4K

$306.6K – $408.8K (±1% cap)

NOI $24,530 @ 7.0% cap · market cap 4.10%

Theoretical Best

Office A

$509.7K

$446.0K – $594.7K (±1% cap)

NOI $35,681 @ 7.0% cap · market cap 5.96%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply HVAC Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

310

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

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Each residence combines an open layout with contemporary finishes and a private garage.

Where is this duplex located?

The property is located at 401 E Bonnieview 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 of total living space; Each unit includes 3 bedrooms, 2 bathrooms, and approximately 1,255 sq ft; Under construction with a 2025 year built