2-Unit
New
For Sale
$415,000
7208 W Yellowstone, Kennewick, WA 99336
Each residence has two bedrooms and one bathroom, with shopping and dining options nearby.
Property Size1,758 SF
Lot Size0.25 Acres
Price / SF$236.06
Days on Market7
Property Features for 7208 W Yellowstone
General Information
Standard status
Active
Size
1,758 SF
Lot size
0.25 Acres
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,262
Building Details
Buildings
1
Listing Agency:
John L Scott Tri-Cities Pasco
(509) 547-5542
Listed By:
Elsa Carlson
(509) 430-5441
Source:
Exprealty
Added: Oct 5
Changed: Oct 11
Last Checked: Oct 11 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John L Scott Tri-Cities Pasco
Investment Insights
Based on property information with market context.
This Kennewick duplex contains two residences, each measuring approximately 879 square feet. Both units have two bedrooms and one bathroom, for a combined reported property size of 1,758 square feet. The property sits on a quarter-acre parcel.
Shopping and restaurants are nearby, and I-82 is accessible from the property. The two-unit configuration provides separate living spaces within one duplex.
Shopping and restaurants are nearby, and I-82 is accessible from the property. The two-unit configuration provides separate living spaces within one duplex.
Key Highlights
- Two‑unit duplex on a quarter‑acre parcel
- Each unit is approximately 879 square feet
- Both units have two bedrooms and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,292
Cap Rate
3.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$305,840
$305.8K
Cap Rate 7%
$218,457
$218.5K
Cap Rate 9%
$169,911
$169.9K
Market Conditions
NOI Build-Up for 1,758 SF
Gross rent
$23.8K $13.56/SF
− Vacancy
−$2.0K −$1.13/SF
EGI
$21.8K $12.43/SF
− OpEx
−$6.6K −$3.73/SF
NOI
$15.3K $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%
$305,840
Cap Rate 7%
$218,457
Cap Rate 9%
$169,911
Alternative Uses
Best Use
Multifamily LT 5
$218.5K
$191.2K – $254.9K
NOI $15,292 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$193.5K
$169.3K – $225.8K
NOI $13,545 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$487.6K
$426.7K – $568.9K
NOI $34,132 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,060
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, with shopping and dining options nearby.
Where is this duplex located?
The property is located at 7208 W Yellowstone Kennewick, WA.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Two‑unit duplex on a quarter‑acre parcel; Each unit is approximately 879 square feet; Both units have two bedrooms and one bathroom
