NOT LISTED FOR SALE

1210 S Kinney Way Prosser, WA 99350

-- Bed
-- Bath
12,078 Sq Ft
0.74 Acres

Last Sold September 15, 2021

Last sale price $1,600,000 $132 Per Sq Ft

41 Days on Market

Highlights

  • 0.74 Acre Lot
  • Vinyl Plank Flooring
  • Wood Siding
  • Mountain View

About This Home

As of September 2021

Download the Offering Memorandum today for all the property, financials, and location details. In-place levered cash-on-cash return potential of 7.7% and proforma 16.9%. This opportunity features under-market rents of $261 per unit per month. Market rent has been proven in recently leased Unit C of $1,025 without any additional upgrades to exterior or interiors. Sale also includes a development opportunity on a vacant lot and the manufactured home lot, totaling 0.367 acres which would allow for 7 units under current Prosser zoning: Residential, High Density. The current owner has invested $53,500 in capital improvements in both interior and exterior renovations since 2013.

Last Agent to Sell the Property

Mason Fiascone

The Paragon Group License #20115181 Listed on: 08/04/2021

Last Buyer's Agent

Mason Fiascone

The Paragon Group License #20115181 Listed on: 08/04/2021

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1819541

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,781

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 0.74 Acre Lot

Home Design

  • Quadruplex
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 12,078 Sq Ft Home
  • 2-Story Property
  • Vinyl Plank Flooring
  • Mountain Views

Parking

  • 25 Parking Spaces
  • Open Parking

Community Details

  • Prosser Subdivision

Listing and Financial Details

  • Assessor Parcel Number 111841130000001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,781

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1978
  • Buyer Agency Compensation: 2.5
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 12078
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank
  • Interior Amenities: Forced Air
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Playground,Storage

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood
  • Property Condition: Remodeled
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 25
  • Open Parking: Yes
  • Total Parking Spaces: 25
  • ParkingUncoveredSpaces: 25

Utilities

  • Sewer: Available
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • PowerCompany: Benton PUD
  • SewerCompany: City of Prosser
  • WaterCompany: City of Prosser
  • WaterSewerGarbage: 9828

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Prosser

Lot Info

  • Parcel Number: 111841130000001
  • Lot Size Acres: 0.742
  • Lot Size Sq Ft: 32321
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 11
  • LeasedItems: None
  • TotalMonthlyIncome: 10653

Multi Family

  • Gross Scheduled Income: 127836
  • Net Operating Income: 84430
  • Number Of Units Total: 13
  • Electric Expense: 360
  • Insurance Expense: 3716
  • Leasable Area: 12078
  • EnergySource: Electric
  • UnitsInBuildingTotal: 13
  • UnitsBelowGrade: false
  • VacancyRate: 2

Tax Info

  • Year: 2021
  • Tax Annual Amount: 8781
  • AdditionalTaxIds: 111841130000002,111841130000003,111841130000004,111841130000005

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,600,000 +15.1% $132 / Sq Ft
08/04/2021 08/04/21 For Sale $1,390,000 -- $115 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mason Fiascone

    Seller's Agent in 2021

    Mason Fiascone

    The Paragon Group

    (509) 410-1990

    1 in this area

    9 Total Sales

    Mason Fiascone
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1819541

Northwest Multiple Listing Service (NWMLS)

APN: 111841130000005

Washington Benton County Prosser 99350

1210 S Kinney Way, Prosser, WA

This home is located at 1210 S Kinney Way, Prosser, WA 99350 since 04 August 2021. This property was built in 1978. 1210 S Kinney Way is a home located in Benton County with nearby schools including Prosser High School and St Francis Preparatory School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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