MLS# 295446 Great investment opportunity! This renovated duplex offers an excellent opportunity to generate rental income and build long-term residual income. The property features a total of 4 bedrooms, 2 bathrooms, and 1,728 sq ft of living space, with each unit offering 2 bedrooms and 1 bathroom. Unit A is currently occupied and generating $1,300/month in rental income, while Unit B is vacant and ready for a new tenant or owner-occupant. First-time home buyers may also want to explore available down payment assistance programs, potentially making it possible to purchase the property, live in one unit, and use rental income from the other unit to help offset the mortgage payment. Buyers should verify eligibility and program requirements with their lender. The duplex has updates inside and out, including new exterior paint, some plumbing updates, and new kitchen cabinets with laminate countertops. Large windows provide abundant natural light, while ceiling fans add comfort throughout. Outside, enjoy plenty of parking, generous yard space, privacy hedges, mature trees for shade, a covered back patio, fenced yard, timed underground sprinklers, and an inviting fire pit. Conveniently located near shopping, schools, parks, restaurants, convenience stores, and major highway access. A move-in-ready duplex with one unit already producing income and the second unit offering immediate additional income potential an excellent opportunity for investors or first-time buyers looking to live in one unit while generating rental income from the other!
Highland Flats presents a compelling investment opportunity in the heart of the Tri-Cities, one of Washington State’s most dynamic and rapidly expanding markets. Located at 124-132 W Shoshone St, Pasco, WA, this 13-unit apartment community offers immediate cash flow, recent capital improvements, and significant long-term upside.
MLS# 293227 Turnkey investment opportunity! Fully rented and updated 5-plex generating $5,480/month in gross rental income. Property features one 2-bedroom unit and four 1-bedroom units, with all units updated and the final two renovations completed in 2024. Rent includes water, sewer, garbage, hot water, and heat. Tenants also enjoy free shared washer/dryer access in the basement.Major exterior and system upgrades include a new roof in 2025, updated windows, exterior paint within the last five years, plumbing improvements, water heater, and a furnace approximately 10 years old. Renovated one-car garage is currently vacant and offers flexibility for additional rental income, storage, workspace, or owner use. Strong income history, extensive improvements, and stable occupancy make this an excellent addition to any investment portfolio. Extremely well maintained throughout. This is truly a must-see property to appreciate the care and quality of ownership.
Granite Apartments is a turn-key investment opportunity in Pasco, the Tri-Cities’ fastest-growing market. With over $200,000 in recent capital improvements, the property offers low-maintenance ownership and immediate stability. Units feature in-unit laundry hookups and spacious yard areas, while strong in-place rents highlight solid rental demand. Conveniently located near major employers, including Lourdes Hospital, Columbia Basin College, and Amazon’s Fulfillment Center, the property is well-positioned for continued occupancy and growth.
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Pasco is located in Washington. Pasco, Washington has a population of 76,398. Pasco is less family-centric than the surrounding county with 35.3% of the households containing married families with children. The county average for households married with children is 35.78%.
The median household income in Pasco, Washington is $70,486. The median household income for the surrounding county is $72,452 compared to the national median of $69,021. The median age of people living in Pasco is 29.9 years.
The average high temperature in July is 90 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 8.1 inches per year, with 3.5 inches of snow per year.