124 W Shoshone Street, Pasco, WA 99301

$1,475,000
7,654
SqFt

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Listing courtesy of Kidder Mathews.

List Price
$1,475,000
Status
ACTIVE
MLS#
2536999
Days on Market
50
Style
56 - 10+ Units
Building Condition
Updated/Remodeled
Finished SqFt
7,654
Area Total SqFt
7654
Annual Tax Ammount
9810
Lot Size (sq ft)
20,909
Sewer
Available

Property Description

Highland Flats presents a compelling investment opportunity in the heart of the Tri-Cities, one of Washington State’s most dynamic and rapidly expanding markets. Located at 124-132 W Shoshone St, Pasco, WA, this 13-unit apartment community offers immediate cash flow, recent capital improvements, and significant long-term upside.

Additional Information

List Date
2026-06-08 22:37:58
Community
Pasco
Net Operating Income
$102,043
Gross Adjusted Income
$187,455
Gross Scheduled Income
$187,455
Total Monthly Income
$14,920
Insurance Expenses
$8,578
Water/Sewer/Garbage Expenses
$7,181
Gross Rent Multiplier
7.87
Total Expenses
$85,412
Cap Rate
6.92
Total Number of Units
13
Unit Name
124
Potential Terms
Cash, Conventional
Year Built
1964
Roof
Metal
Electric Expenses
7182
Other Expenses
45479
Energy Source
Electric
School District
Pasco
Total Monthly Income
$14,920
Gross Scheduled Income
$187,455
Gross Adjusted Income
$187,455
Tax Year
2026
Insurance Expense
$8,578
W/S/G Expenses
$7,181
Total Expenses
$85,412
Net Operating Income
$102,043
Gross Rent Multiplier
7.87
Cap Rate
6.92
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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