1917 Landon Avenue Unit #1 & 2, Union Gap, WA 98903

$615,000
2,424
SqFt

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Listing courtesy of John L Scott Yakima.

List Price
$615,000
Status
ACTIVE
MLS#
2511937
Price Change
▼ $10,000 1781312272
Days on Market
97
Style
52 - Duplex
Finished SqFt
2,424
Area Total SqFt
2424
Annual Tax Ammount
4090.03
Lot Size (sq ft)
7,840
Sewer
Sewer Connected

Property Description

Outstanding Investment Opportunity – Newer Construction Duplex Built in 2024, this exceptional duplex presents a rare opportunity to own a turnkey income-producing property featuring modern design, durable finishes, and low-maintenance ownership. Thoughtfully built with long-term performance in mind, this property offers the ideal combination of quality construction and strong rental potential. Each unit offers a spacious 3-bedroom, 2-bathroom floor plan with 1,212 square feet, totaling 2,424 square feet of living space. Interior features include granite countertops, ceramic tile flooring throughout, and energy-efficient water heaters and HVAC systems, delivering both style and long-term durability. Additional amenities include fully insulated oversized single-car garages, along with private partially fenced backyards and patios, enhancing tenant comfort and overall rental appeal. The attic has been thoughtfully designed for future expansion, offering the potential to add an additional bonus room. Currently generating $4,400 per month, this property provides immediate cash flow while the benefit of newer construction helps reduce future maintenance costs. An outstanding opportunity for investors seeking stable income, quality construction, and long-term appreciation potential.

Additional Information

List Date
2026-04-24 19:50:17
Community
Union Gap
Net Operating Income
$42,809
Gross Adjusted Income
$52,800
Gross Scheduled Income
$52,800
Total Monthly Income
$4,400
Insurance Expenses
$2,900
Water/Sewer/Garbage Expenses
$2,400
Gross Rent Multiplier
11.83
Total Expenses
$12,790
Cap Rate
6.8
Vacancy Rate
2
Total Number of Units
2
Unit Name
1917
Potential Terms
Cash, Conventional, FHA
Year Built
2024
Roof
Composition
Site Features
Fenced-Partially
Electric Expenses
2800
Other Expenses
600
Energy Source
Electric
School District
Union Gap
Total Monthly Income
$4,400
Gross Scheduled Income
$52,800
Vacancy Rate
2
Gross Adjusted Income
$52,800
Tax Year
2026
Insurance Expense
$2,900
W/S/G Expenses
$2,400
Total Expenses
$12,790
Net Operating Income
$42,809
Gross Rent Multiplier
11.83
Cap Rate
6.8
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.
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