Listed by The Paragon Group
NOT LISTED FOR SALE

724 W Ruby St Pasco, WA 99301

-- Bed
-- Bath
7,392 Sq Ft
0.37 Acres

Last Sold July 17, 2024

Last sale price $1,142,000 $154 Per Sq Ft

82 Days on Market

About This Home

As of July 2024

WORKFORCE LOCATION: Ideal workforce location in Pasco near Amazon Distribution Facilities, Darigold, and others. Property and neighborhood has sustained demand for Ruby8 with minimal vacancy for the past few years. VALUE-ADD POTENTIAL: Two units have been fully renovated and another two units partially renovated, proving market rents and property upside. NEIGHBORHOOD IMPROVEMENT: Tri-Cities Health acquired the property across the street with plans to convert it to additional parking, which will immediately improve the neighborhood and block. FLEXIBLE EXIT STRATEGY: Opportunity to split the two 4-plexes for acquisition and sales, capturing upside of residential financing and deep buyer pool for 4-unit investors.

Last Agent to Sell the Property

Mason Fiascone

The Paragon Group License #20115181 Listed on: 03/20/2024

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2213101

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,467

Year Built

  • Built in 1977

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 65x124.6
  • Property is in good condition

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 7,392 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Parking

  • 16 Parking Spaces
  • Open Parking

Utilities

  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association
  • Pasco Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113394211

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,467

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1977
  • Buyer Agency Compensation: 3
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7392
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Laminate
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: See Remarks

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Exterior Features: Stone, Wood
  • Foundation Details: Slab
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 16
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 16

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Ductless HP-Mini Split
  • Heating Yn: Yes
  • WaterSewerGarbage: 11224

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

  • Junior High Dist: Pasco
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 113394211
  • Lot Size Acres: 0.3707
  • Lot Size: 65X124.6
  • Lot Size Sq Ft: 16148
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: County Records
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family,Residential

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12.48
  • LeasedItems: None
  • TotalMonthlyIncome: 8915

Multi Family

  • Gross Scheduled Income: 92120
  • Net Operating Income: 65787
  • Number Of Units Total: 8
  • Electric Expense: 1565
  • Insurance Expense: 4791
  • Leasable Area: 6960
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2023
  • Tax Annual Amount: 7467
  • AdditionalTaxIds: 113394220

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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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
07/17/2024 07/17/24 Sold $1,142,000 -0.7% $154 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
05/06/2024 05/06/24 For Sale $1,150,000 0.0% $156 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $1,150,000 0.0% $156 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,150,000 -- $156 / 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 2024

    Mason Fiascone

    The Paragon Group

    (509) 410-1990

    2 in this area

    9 Total Sales

    Mason Fiascone
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2213101

Northwest Multiple Listing Service (NWMLS)

APN: 113-394-211

Washington Franklin County Pasco 99301

724 W Ruby St, Pasco, WA

This home is located at 724 W Ruby St, Pasco, WA 99301 since 20 March 2024. This property was built in 1977. 724 W Ruby St is a home located in Franklin County with nearby schools including Captain Gray STEM Elementary School, Ellen Ochoa Middle School, and Pasco Senior High 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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