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Sold for $430,000
  • $430,000

    4197 Fallon Dr, West Richland, WA 99353

    4beds
    2baths
    1,900sqft
    Duplex
    Built in 1976
    -- sqft lot
    $429,200 Zestimate®
    $226/sqft
    $1,445 Estimated rent

    Home value

    $429,200

    $408,000 - $451,000

    $1,445/mo

    Zestimate® history
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    What's special

    Spacious livingAbundant parkingModern charmModern appliancesUpgraded kitchenFully occupied unitsExpanded living space
    MLS#275679 Seize the rare opportunity to own a multi-family gem in the heart of West Richland! Nestled just moments away from downtown conveniences and accessible via multiple bus routes off Van Giesen, this duplex presents a lucrative investment. Boasting two fully occupied units, abundant parking, and expansive fenced yards, it promises both comfort and convenience. Each unit offers a spacious living/dining/kitchen area equipped with modern appliances, two bedrooms, a bathroom, and an in-unit washer and dryer for added convenience. The recently renovated unit, 4199, exudes modern charm with fresh flooring, paint, and an upgraded kitchen and bathroom, alongside central air and complete furnishings, ensuring a hassle-free move-in experience for prospective tenants. Additionally, a 400-square-foot unfinished room, currently utilized for storage, holds untapped potential for conversion into a third bedroom or expanded living space, seamlessly connected to unit 4199. Unit 4197 has been consistently rented for several years and includes all appliances, adding to its allure as a stable investment. Situated on a third-acre lot within the downtown mixed-use zoning boundary, this property not only offers immediate rental income but also presents promising opportunities for future growth and versatile utilization. Don't miss out on securing this fully leased duplex in West Richland—it's a savvy investment opportunity not to be overlooked! *Interior photos are of unit 4199

    Zillow last checked:

    Listing updated:

    Listed by:

    Ashley Surbella 509-827-7435,

    Retter and Company Sotheby's

    Bought with:

    Jeremy Asmus, 27465

    Source: PACMLS,MLS#: 275679MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Baseboard, Electric, Forced Air
    Cooling
    • Central Air, Window Unit(s), Electric
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
    Features
    • Room-Family, Ceiling Fan(s)
    • Flooring: Carpet, Laminate, Vinyl
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,900
    • Total interior livable area: 1,900 sqft

    Property

    Parking
    • Parking features: No Garage
    Features
    • Patio & porch: Deck/Wood Covered
    • Fencing: Fenced
    Lot
    • Size: 0.33 Acres
    Details
    • Parcel number: 105982040000001
    • Zoning description: Mixed Use

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Roof: Metal
    Condition
    • Year built: 1976

    Utilities & green energy

    • Water: Public
    • Utilities for property: Appl-Electric, Electricity Connected, Sewer Connected

    Community & HOA

    Community
    • Subdivision: Other
    Location
    • Region: West Richland

    Financial & listing details

    • Price per square foot: $226/sqft
    • Tax assessed value: $361,590
    • Annual tax amount: $3,064
    • Date on market: 6/23/2024
    • Listing terms: Cash,Conventional
    • Total actual rent: 2900
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/20/2024Sold$430,000+2.4%$226/sqft
    Source: PACMLS #275679 Report a problem
    5/5/2024Pending sale$419,900$221/sqft
    Source: PACMLS #275679 Report a problem
    5/4/2024Listed for sale$419,900+40%$221/sqft
    Source: PACMLS #275679 Report a problem
    6/27/2022Sold$300,000$158/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,140 +128.5%$361,590 +15.3%
    2023$1,812 -40.9%$313,510 +26.3%
    2022$3,064 +0%$248,280 +9.1%
    2021$3,063 +6.5%$227,580 +10%
    2020$2,876 $206,870
    2019-- $206,870 +71.5%
    2018-- $120,610
    2017$1,931 $120,610
    2016-- $120,610
    2015-- $120,610
    2014$1,659 $120,610
    2013$1,659 $120,610
    2012-- $120,610 +32.5%
    2011-- $91,050
    2010-- $91,050
    2009-- $91,050
    2008-- --
    2007-- --
    2006-- --
    Find assessor info on the county website

    Neighborhood: 99353

    Nearby schools

    GreatSchools rating
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    $429,200
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    With Zillow Showcase(estimated)
    $437,784