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6721 W Kennewick Ave, Kennewick, WA, 99336

2beds
2baths
9,900sqft
$2,250,000
$227price/sqft
$14,222/moest. monthly cost
$568,880/yrincome needed

About This Home

Heritage Manor at 6721 W Kennewick Ave, Kennewick, WA 99336 is a rare opportunity to acquire a stabilized, turnkey 10-unit apartment community in the heart of the fast-growing Tri-Cities market. This well-maintained asset features ten spacious townhouse-style residences, each offering 2 bedrooms, 1.5 baths, central air conditioning, washer/dryer hookups, and private fenced backyards—an amenity package that stands out in the submarket. Originally built in 1978 and extensively renovated in 2024, the property has benefited from approximately $300,000 in recent capital improvements, including upgraded interiors, fresh exterior paint, enhanced lighting, parking lot repairs, and new privacy fencing. With a history of 100% occupancy and minimal delinquency, Heritage Manor offers immediate cash flow backed by durable renter demand. Positioned in one of Washington’s strongest growth corridors, the property is surrounded by major employers, ongoing industrial expansion, and a supply-constrained rental market. Heritage Manor combines proven performance, modern upgrades, and long-term upside in a market where quality rental housing continues to outperform.

Getting Around

43
WalkingCar-Dependent
37
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

5/10
6/10
Chinook Middle SchoolGrades 6-80.9 mi
7/10
Kamiakin High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Composition
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: 10+ Units
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Features

  • Flooring: Vinyl Plank

Heating & Cooling

  • Heating features: Forced Air,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 9,900
  • Total interior livable area: 9,900 sqft

Property

Details

  • Parcel number: 105891090002005
  • Special condition: Standard

Lot

  • Lot size: 0.70 Acres

Parking

  • Total spaces: 25
  • Uncovered spaces: 25

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Winter Weather
Cold Wave
Ice Storm

FEMA Declared Disasters in Benton County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,377$136,524
Home Insurance *$743$8,916
Property Taxes $1,425$17,100
Electricity $677$8,126
Total$14,222$170,664
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$487,611/yr
40% on housing$426,660/yr
45% on housing$379,253/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.6%
14.6%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.4%
5.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 99336$144
Benton County$205

vs Homes Sold Last Month

Median $/sqft

ZIP 99336$235
Benton County$248

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-15Listed for sale$2,250,000
2023-05-24Listing removed--
2023-05-22Listed for rent$2,095
2011-09-09Sold$490,000

For Sale by Agent

AgentColeton Alexander Pantley
BrokerageReal Broker LLC

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