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Investment Highlights

  • Close to the River
  • Easy Access to Freeway
  • Centrally Located

Executive Summary

This is a NEW construction multi-family in a very desirable area just a couple blocks from the river. Each unit of this Tri-plex features 3 bedrooms, 2.5 bathrooms, and one car garages for each unit with large driveways for off street parking. Kitchen, living area, and powder bathroom on main level with 3 bedrooms, 2 bathrooms, and the laundry room upstairs. Lots of off-street parking and fully fenced back yards with turf for low maintenance.

Property Facts Under Contract

Price $925,000
Price Per Unit $308,333
Sale Type Investment
Cap Rate 5.80%
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.18 AC
Building Size 3,945 SF
No. Stories 2
Year Built 2025

Amenities

Unit Amenities

  • Air Conditioning
  • Heating

Site Amenities

  • Wi-Fi
  • Storage Space

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2.5 3 $2,100 1,315
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
130991030002030
Land Assessment
$250,000
Improvements Assessment
$0
Total Assessment
$250,000
  • Listing ID: 39267389

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 1415 Carolina Ave, Richland, WA 99352

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