Cascadian Real EstateCommercial
ActiveMultifamilyMulti Family

3506 1st Ave

3506 1st Ave, Kennewick, WA 99336 · Benton County

$634,990

$685,000

189 cumulative days on market

Price / SF

$179

Of gross building area

Price / unit

$158,748

Unit count inferred from the MLS property type

Building

3,544 SF

Land

0.24 acres

3506 1st Ave — photo 1 of 8

Listing courtesy of Todd Watkins, eXp Realty

About this property

MLS# 291548 — $4,850/month in place from tenants averaging 7+ years — with market rents for Kennewick 2BR units running $1,250–$1,450, the upside is written into the rent roll, not the renovation budget. Four 2BR/1BA units equipped with central air, utility hookups, and dedicated tenant storage. Residents enjoy a large fenced yard and plenty of off-street parking. Incredible rental history with established, long-term tenants. Unbeatable location close to transit, shopping, and amenities. Perfect portfolio builder or owner-occupant opportunity—live in one unit and take advantage of low down-payment options! Gross scheduled rent: $58,200/yr ($4,850/mo) Price per unit: $158,748 Tenants pay for electricity. Landlord Expenses Yearly: Property Taxes: $3,025 insurance: $2,841 Water/Sewer: $2,400 Garbage: $420

Property features

  • Wood

Location

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Northwest MLSMLS #2497300Updated

Listing information is provided courtesy of the Northwest Multiple Listing Service (NWMLS). The information contained in this listing has not been verified by Cascadian Commercial and should be independently verified. Data is deemed reliable but is not guaranteed. Copyright © 2026 Northwest Multiple Listing Service. All rights reserved.