James & Angie Smith

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Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2497300MLS Provider

3506 W 1st AveKennewick, WA 99336

Multi-Family · 8 Beds · 3,544 Sq. ft. | 0.24 Acres
$649,990 Active

3506 W 1st Ave Overview

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MLS# 291548 — Turn-key investment! Exceptionally clean and stable fourplex near 1st Ave/Morain. Features 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!

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3506 W 1st Ave Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,544
  • Price/Sq.ft. $183
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Kennewick

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Scheduled Income: 52800
  • Insurance Expense: 2841
  • Net Operating Income: 41895
  • Total Expenses: 8265
  • Total Monthly Income: 4500
  • Water/Sewer/Garbage: 2400

Building Information

  • New Construction: No
  • Year Built: 1972

Location/Region

  • Country: US
  • County Or Parish: Benton
  • MLS Area Major: 244 - Benton County
  • Subdivision Name: Kennewick

Tax Information

  • Tax Annual Amount: $3,024.00
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 103891070001009
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 3544
  • Building Area Units: Square Feet
  • Calculated Square Footage: 3544
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: Yes
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet
  • Foundation Details: Pillar/Post/Pier
  • Heating: Yes
  • Leasable Area: 3544
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 0
  • Parking Uncovered Total: 0

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved, Sidewalk
  • Lot Size Acres: 0.2433
  • Lot Size Square Feet: 10598
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Roof: Built-Up
  • Structure Type: Quadruplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood
  • Number Of Units Total: 4
  • Sewer: Sewer Connected

Unit Information

Unit 3 Details

  • Actual Rent: 1100
  • Beds Total: 2
  • Baths Total: 1

Unit 4 Details

  • Actual Rent: 1100
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1150
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Actual Rent: 1150
  • Beds Total: 2
  • Baths Total: 1

3506 W 1st Ave Neighborhood

Community

99336 (Kennewick) Demographics

33
Median Age
3,558
Population Density (per sq. mile)
29%
College Educated
$52,158
Estimated Median Income
10,192
Estimated Total Home Owners
9,377
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

3506 W 1st Ave Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

3506 W 1st Ave Market Data

Based on the last 30 days in this zip code

$328,028
Average List Price
$193
Average Price per Square Foot
4
Properties Sold
109
Average Days on Market
7
Properties for Sale
Calculations provided by Reliance Network

3506 W 1st Ave History

Date Event Value Agent
6/6/2026Source: NWMLS Price Reduction
$649,990 -1.4%
4/14/2026Source: NWMLS Price Reduction
$659,000 -3.8%
3/25/2026Source: NWMLS Added to Database
March 25, 2026