Highland Flats
124-132 W Shoshone St, Pasco, WA 99301
Located in Pasco—the fastest-growing city in Washington’s highly sought-after Tri-Cities region—this turn-key property offers a prime investment opportunity. With upwards of $350,000 in recent capital improvements, it boasts strong in-place rents that reflect true rental demand. The investment offers attractive, above-market cap rates both currently and projected. Its prime location near major employers like Lourdes Hospital, Columbia Basin College, and Amazon’s Fulfillment Center further enhances its appeal to investors and tenants alike.
Price/Unit $125,000.00
Average Unit SF 589
Building Details
- For Sale $1,625,000
- Property Type Multi-Family
- Property Size 7,654 SF
- Units 13
- Lot Size 0.48 Acre
- Cap Rate % 7.4
- Additional Rent Price on request
- Year Built 1964
- Date Updated Oct 6, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Kidder Mathews
Kidder Mathews
Location
- City Pasco, WA
- Zip Code 99301
- Market Tri Cities
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Walk score 57/100 Somewhat Walkable -
Transit score 38/100 Some Transit -
Bike score 47/100 Somewhat Bikeable
Points of Interest
Pasco
0.15 miles
76
0.35 miles
Sunrise Super Gas
0.37 miles
Atomic Gas
0.49 miles
Pacific Pride
0.57 miles
Conoco
0.61 miles
Petro USA
0.87 miles
Exxon
0.94 miles
Blink
1.03 miles
Coleman Oil
1.14 miles
CFN
1.28 miles
East A Parking Lot
1.84 miles
Visitor Parking
1.84 miles
South Campus Loop Parking Lot
1.87 miles
West A Parking Lot
1.88 miles
Staff Parking
1.89 miles
Staff Parking Lot
1.90 miles
Dental Clinic Parking Lot
1.93 miles
CLS Parking Lot
1.96 miles
W Parking Lot
2.05 miles
West H Parking Lot
2.05 miles
Oregon Ave. Car Wash
0.49 miles
Bulldog Car Wash
0.89 miles
Pearl Wash
0.91 miles
Wash Works
0.92 miles
Kim's Car Wash
1.44 miles
Bear Wash Touchless Automatic
1.51 miles
Wash Works Car Wash
1.75 miles
Enterprise
1.81 miles
Show's Car Wash
2.15 miles
Hertz
2.20 miles
Jocho's Tacos
0.23 miles
Botana
0.23 miles
Mexi-king
0.29 miles
Mercy's Pizza Taco
0.30 miles
El Café Tal Tacos
0.33 miles
Mi Hacienda Restaurant & Grill
0.34 miles
Las Villas de Palomino
0.37 miles
Ciao Trattoria On The Spot
0.39 miles
Karla's Snacks
0.46 miles
El Paraiso
0.74 miles
El Torito MX Market
0.36 miles
Carniceria La Villa Meat Market & Bakery
0.36 miles
Atomic Foods
0.49 miles
Griggs
0.72 miles
Fiesta Foods
0.77 miles
La Palma Market
0.92 miles
SuperMex El Pueblo Market
1.51 miles
Albertsons
1.59 miles
URM Cash & Carry
2.34 miles
Red Apple Market
2.88 miles
City of Pasco Police
0.19 miles
Pasco Fire Station 81
0.25 miles
Lourdes Medical Center
0.42 miles
Kurtzman Park Police Mini-station
0.60 miles
Urgent Care La Clinica
0.95 miles
Rite Aid
1.58 miles
Walgreens
1.58 miles
Alderwood Station
1.60 miles
Pasco Fire Station 82
2.29 miles
Northwest Injury Clinics
2.52 miles
Listing Summary
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Property Financials 124-132 W Shoshone St is currently listed for sale at $1,625,000 for a price per square foot of $212.31.
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Property Details 124-132 W Shoshone St totals 7,654 square feet of Multi-Family space on a lot spanning 0.48 acres. The property was initially built in 1964.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 57, indicating that it is somewhat walkable.
