New Construction
502 N Kent Place, Kennewick, WA 99336
For Sale
$580,000
Residential Income, Kennewick, WA
Property Size2,214 SF
Lot Size0.16 Acres
Price / SF$261.97
Days on Market101
Property Features for 502 N Kent Place
General Information
Property type
Property subtype
Property condition
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Patio and Porch features
Interior features
Exterior features
Fencing
Basement
Appliances
Subdivision
Lot features
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Retter and Company Sotheby's · Sotheby's International Realty
(509) 783-8811
Listed By:
Monroe Davis
(509) 528-2178
Added: Aug 6
Changed: Nov 14
Last Checked: Nov 14 at 12:06AM
MLS# 295338
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.
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Investment Insights
Based on property information with market context.
This duplex at 502 N Kent Place in Kennewick includes two single-level residences totaling 2,214 square feet. Each unit is approximately 1,107 square feet with three bedrooms, two bathrooms, a primary suite, and a kitchen-dining combination. Interior finishes include quartz countertops, vinyl flooring, new paint, and durable LVP flooring, with appliances including a dishwasher, disposal, microwave, and range/oven. The property was built in 2026 and includes forced-air heat, heat-pump systems, central air, and electric service.
The 0.16-acre corner lot provides fenced yard space, a patio, and off-street parking. Public water is available, and the property is zoned MULTI-FAMILY RE. One residence is currently vacant, while the two-unit layout supports separate residential occupancy within a newly constructed multifamily asset.
The 0.16-acre corner lot provides fenced yard space, a patio, and off-street parking. Public water is available, and the property is zoned MULTI-FAMILY RE. One residence is currently vacant, while the two-unit layout supports separate residential occupancy within a newly constructed multifamily asset.
Key Highlights
- Duplex totaling 2,214 square feet
- Each residence is approximately 1,107 square feet with 3 bedrooms and 2 bathrooms
- One unit currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,258
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,160
$385.2K
Cap Rate 7%
$275,114
$275.1K
Cap Rate 9%
$213,978
$214.0K
Market Conditions
NOI Build-Up for 2,214 SF
Gross rent
$30.0K $13.56/SF
− Vacancy
−$2.5K −$1.13/SF
EGI
$27.5K $12.43/SF
− OpEx
−$8.3K −$3.73/SF
NOI
$19.3K $8.70/SF
Area
Benton County, WA
Vacancy
8.36%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,160
Cap Rate 7%
$275,114
Cap Rate 9%
$213,978
Alternative Uses
Best Use
Multifamily LT 5
$275.1K
$240.7K – $321.0K
NOI $19,258 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$243.7K
$213.2K – $284.3K
NOI $17,058 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$614.1K
$537.3K – $716.4K
NOI $42,986 @ 7.0% cap · market cap 7.41%
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
487
Businesses Nearby
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Business Placement
Demographics for 99336, WA
51,127
Population
20,915
Households
2.4
Avg Household Size
33
Median Age
21%
College-Educated
85%
High-School Grad
13.4 sq mi
ZIP Area
3,815
Density / Sq Mi
$63,308
Median Household Income
$38,211
Median Earnings
$1,155
Median Rent
$292,300
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Benton County, WA
Properties on Market for Duplexes in Benton County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two single-level residences with fenced outdoor space, contemporary finishes, and one unit currently vacant.
Where is this duplex located?
The property is located at 502 N Kent Place Kennewick, WA.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: Duplex totaling 2,214 square feet; Each residence is approximately 1,107 square feet with 3 bedrooms and 2 bathrooms; One unit currently vacant
