MLS# 266937 First time to market in 37 years! The property has a tremendous up potential for a hands on owner to increase rates and operate the project to increase NOI. 24 unit single story apartment complex located in Kennewick Wa. Property is located on the corner of Neel St and Canal Dr. Some of the units have river views. 4 Single level buildings with 28 covered carport parking spaces plus 14 +/- street parking spaces. All the buildings have had new roofs recently. Units are all 2 bed one bath and 1,000 square feet. All the units are the same floor plan with washer and dryer hookups, dishwasher, Wall AC, baseboard heat. Nice mature well kept landscaping. Many of the tenants are long term and well below market rents.
Sold for $3,450,000 on 06/30/23
$3,450,000
1013 N Neel St, Kennewick, WA 99336
48beds
--baths
24,063sqft
Apartment Complex
Built in 1963
-- sqft lot
$-- Zestimate®
$143/sqft
$1,564 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 12, 2023 at 08:59am
Listed by:
Scott Sautell 509-430-8986,
SVN Retter & Company
Bought with:
Scott Sautell, 109003
SVN Retter & Company
Source: PACMLS,MLS#: 266937

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 48
Features
- Has fireplace: No
Interior area
- Total structure area: 24,063
- Total interior livable area: 24,063 sqft
Property
Parking
- Total spaces: 1
- Parking features: Carport
- Garage spaces: 1
- Has carport: Yes
Details
- Zoning description: Multi - Family Re
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment Complex
Condition
- Year built: 1963
Community & neighborhood
Location
- Region: Kennewick
- Subdivision: Carols Plt