Presented by: Kidder Mathews and NWMLS
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.
Interior Features
Bedrooms
Bedrooms Possible14
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1
General
Assoc Fee Paid PerNot Applicable
Building Area Units0 sqft
Cap Rate6.37
Carport Spaces0
Carport Y/NNo
CityPasco
CoolingDuctless
CountyFranklin
Directions1311 W Shoshone Ave, Pasco
Electric Expense4484
Fuel Expense4484
Garage Spaces2
HOANo
HOA Fee$0
HeatingForced Air
High School DistrictPasco
Insurance Expense4565
Leasable Area6,521 sqft
Listing TermsConventional
Living Area0 sqft
Lot Size Square Feet17,250 sqft
Lot Size UnitsSquare Feet
MLS Area245 - Franklin County
NWM_ShowMapLinkY
Net Operating Income81246
New ConstructionNo
Number Of Units Total9
PossessionClosing
Possible UseMulti-Family
Property ConditionUpdated/Remodeled
Property Style55 - 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksGranite 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
RoofComposition
Senior Community Y/NNo
SewerAvailable
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NamePasco
Tax Annual Amount$3,858
Tax Year2026
Units Below Gradefalse
Units In Building Total9
Water CompanyCity of Pasco
Water Sewer Garbage4484
Year Built1949
Zoning DescriptionMulti-Family
Exterior
Building Area Total6,521 sqft
Covered Spaces0
Exterior AmenitiesSee Remarks
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions17424
Lot FeaturesCorner Lot
Lot Number112,242,190
Lot Size Acres0.396
Parking Uncovered Total8
Total Parking8
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
N/A
Middle School
N/A
Elementary School
N/A
Similar Properties
Planting a secure future for ALL people.
Contact
914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221