607/ 609 Torbett St, Richland, WA 99354
- Added:
- Feb 26, 2026
- Days on Market:
- 92
- Last Refresh:
- May 29 at 8:06 pm
Property Features for 607/ 609 Torbett St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- MULTI-FAMILY RE
- Bedrooms
- 4
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3, Basement, Bathroom 1, Bedroom 2, Bathroom 3
- Parking features
- Open
- Appliances
- Dishwasher, Garbage Disposal, Microwave Oven, Range/Oven, Refrigerator
- Standard status
- Active
- Size
- 3,600 SF
Taxes and HOA fees
- Tax Year
- 2024
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1944
- Number of units
- 2
- Flooring type
- Utility room, Utility sink, Dining-separate, Utility closet, Ceiling fan, Master suite, Carpet, Breakfast bar, Kitchen island, Windows-double, Bath-master, Extra storage, Laminate
- Roof type
- Composition
Listing agent Ericka Lalka (509) 539-5535
Listing office PNW Collective / Real Broker 507 Knight St, Richland, WA (509) 204-7360
Listing date Feb 26, 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
- Income potential: Live in one updated unit and rent the other, or rent both.
- Unit 609 features a spacious primary suite with heated tile floors, granite countertops, double sinks, a clawfoot tub, and a large tiled shower with a built‑in bench.
- Extensive modern updates throughout both units, including new interior painting, tile, light fixtures, vanities, faucets, mirrors, and quartz countertops.
- Ideally located within walking distance to the Columbia River, parks, and local schools.
- Both units are currently rented and generating income.
- Includes desirable features such as a kitchen island, double‑pane windows, central air conditioning, and updated appliances (dishwasher, garbage disposal, microwave, range/oven, refrigerator).
Overview
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 | $48.8k | $13.56 |
| − Vacancy | −$4.1k | −$1.13 |
| EGI | $44.7k | $12.43 |
| − OpEx | −$13.4k | −$3.73 |
| NOI | $31.3k | $8.70 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Richland
- County
- Benton
- State
- Washington
- Longitude
- -119.2811108
- Latitude
- 46.2911298