1304 W Hopkins Street, Pasco, WA 99301

$575,000
3,808
SqFt

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Listing courtesy of The Paragon Group.

List Price
$575,000
Status
ACTIVE
MLS#
2576823
Days on Market
11
Style
54 - 4-Plex
Building Condition
Average
Finished SqFt
3,808
Area Total SqFt
3808
Annual Tax Ammount
4006
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Hopkins4 is a 4-unit multifamily property located at 1304 W Hopkins Street in central Pasco. Built in 1950, the brick fourplex offers three 2-bedroom, 1-bath units averaging 900 square feet and one 1-bedroom, 1-bath unit of 800 square feet. The property is located in an established central Pasco neighborhood within walking distance of Memorial Park and its year-round aquatic center, Longfellow Elementary, and the shops and restaurants of the Lewis Street corridor. Recent public works projects have improved connectivity between downtown and east Pasco, while an expanding employment base continues to support demand for attainable workforce rental housing.

Additional Information

List Date
2026-09-01 21:43:13
Community
Pasco
Net Operating Income
$30,917
Gross Adjusted Income
$50,364
Gross Scheduled Income
$53,416
Total Monthly Income
$4,045
Insurance Expenses
$1,340
Water/Sewer/Garbage Expenses
$5,828
Gross Rent Multiplier
10.76
Total Expenses
$19,447
Cap Rate
5.38
Vacancy Rate
5
Total Number of Units
4
Unit Name
1304
Potential Terms
Conventional
Year Built
1950
Roof
Flat
Electric Expenses
1350
Other Expenses
6923
Energy Source
Electric
School District
Pasco
Elementary School
Longfellow Elem
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$4,045
Gross Scheduled Income
$53,416
Vacancy Rate
5
Gross Adjusted Income
$50,364
Tax Year
2025
Insurance Expense
$1,340
W/S/G Expenses
$5,828
Total Expenses
$19,447
Net Operating Income
$30,917
Gross Rent Multiplier
10.76
Cap Rate
5.38
Based on information submitted to the MLS GRID as of . 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.
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