1311 W Shoshone Street, Pasco, WA 99301
- $1,275,000
- 6,521
- SqFt
Listing courtesy of Kidder Mathews.
- List Price
- $1,275,000
- Status
- ACTIVE
- MLS#
- 2500414
- Price Change
- ▼ $75,000 1780975616
- Days on Market
- 121
- Style
- 55 - 5-9 Units
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 6,521
- Area Total SqFt
- 6521
- Annual Tax Ammount
- 3858
- Lot Size (sq ft)
- 17,250
- Sewer
- Available
Property Description
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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Additional Information
- List Date
- 2026-03-31 22:19:34
- Community
- Pasco
- Net Operating Income
- $81,246
- Gross Adjusted Income
- $135,611
- Gross Scheduled Income
- $135,611
- Total Monthly Income
- $10,515
- Insurance Expenses
- $4,565
- Water/Sewer/Garbage Expenses
- $4,484
- Gross Rent Multiplier
- 9.4
- Total Expenses
- $54,365
- Cap Rate
- 6.37
- Total Number of Units
- 9
- Unit Name
- 1311
- Potential Terms
- Conventional
- Year Built
- 1949
- Roof
- Composition
- Electric Expenses
- 4484
- Other Expenses
- 32490
- Energy Source
- Electric
- School District
- Pasco
- Total Monthly Income
- $10,515
- Gross Scheduled Income
- $135,611
- Gross Adjusted Income
- $135,611
- Tax Year
- 2026
- Insurance Expense
- $4,565
- W/S/G Expenses
- $4,484
- Total Expenses
- $54,365
- Net Operating Income
- $81,246
- Gross Rent Multiplier
- 9.4
- Cap Rate
- 6.37
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.