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Listed by:Real Broker LLC • Coleton Alexander Pantley
$ 2,250,000
Est. payment | /mo
2 Beds
2 Baths
9,900 SqFt
$ 2,250,000
Est. payment | /mo
2 Beds
2 Baths
9,900 SqFt
Key Details
Property Type Other Types
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,900 sqft
Price per Sqft $227
Subdivision Kennewick
MLS Listing ID 2555513
Style 56 - 10+ Units
Bedrooms 2
Year Built 1978
Annual Tax Amount $9,873
Lot Size 0.699 Acres
Property Sub-Type Multi Family
Property Description
Heritage Manor at 6721 W Kennewick Ave, Kennewick, WA 99336 is a rare opportunity to acquire a stabilized, turnkey 10-unit apartment community in the heart of the fast-growing Tri-Cities market. This well-maintained asset features ten spacious townhouse-style residences, each offering 2 bedrooms, 1.5 baths, central air conditioning, washer/dryer hookups, and private fenced backyards—an amenity package that stands out in the submarket. Originally built in 1978 and extensively renovated in 2024, the property has benefited from approximately $300,000 in recent capital improvements, including upgraded interiors, fresh exterior paint, enhanced lighting, parking lot repairs, and new privacy fencing. With a history of 100% occupancy and minimal delinquency, Heritage Manor offers immediate cash flow backed by durable renter demand. Positioned in one of Washington's strongest growth corridors, the property is surrounded by major employers, ongoing industrial expansion, and a supply-constrained rental market. Heritage Manor combines proven performance, modern upgrades, and long-term upside in a market where quality rental housing continues to outperform.
Location
State WA
County Benton
Area 244 - Benton County
Interior
Flooring Vinyl Plank
Fireplace false
Exterior
Exterior Feature Wood
View Y/N No
Roof Type Composition
Building
Sewer Sewer Connected
New Construction No
Schools
Elementary Schools Buyer To Verify
Middle Schools Buyer To Verify
High Schools Buyer To Verify
School District Kennewick
Others
Senior Community No
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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