20107 Blair Lane, Rochester, WA 98579

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Listing Broker: Prime Locations Inc.; Zach Strong; ; Selling Office: Greene Commercial.

Sold Price
$1,070,000
List Price
$1,100,000
Status
SOLD
MLS#
2346239
Closing Date
Oct 31, 2025
Days on Market
205
Style
54 - 4-Plex
Finished SqFt
4,176
Area Total SqFt
4176
Annual Tax Ammount
10061
Lot Size (sq ft)
10,640
Sewer
Sewer Connected

Property Description

Turnkey Investment – Fully occupied and professionally managed, ensuring immediate cash flow with reliable tenants in place. Strong Rental Income – Each 2-bed, 2-bath unit rents for an average of $1,750, with additional revenue from utility reimbursements and fees. Newer Construction (2020) – Modern, energy-efficient design with durable materials, reducing maintenance costs and enhancing long-term value. Whether you're an investor looking to add some minimal maintenance with a newer build to your portfolio or looking to live in one unit while renting out the rest, this is a great option with minimal options on the open market.

Additional Information

List Date
2025-04-09 00:00:00
Community
Rochester
Net Operating Income
$72,095
Gross Adjusted Income
$89,940
Gross Scheduled Income
$89,940
Total Monthly Income
$7,520
Insurance Expenses
$4,000
Water/Sewer/Garbage Expenses
$2,800
Gross Rent Multiplier
13.3
Total Expenses
$17,845
Cap Rate
6
Total Number of Units
4
Unit Name
20107
Potential Terms
Cash Out, Conventional, FHA, VA Loan
Year Built
2020
Roof
Composition
Site Features
High Speed Internet, Patio
Other Expenses
984
Energy Source
Electric
School District
Rochester
Elementary School
Rochester Primary Sc
Middle School
Rochester Mid
High School
Rochester High
Total Monthly Income
$7,520
Gross Scheduled Income
$89,940
Gross Adjusted Income
$89,940
Tax Year
2025
Insurance Expense
$4,000
W/S/G Expenses
$2,800
Total Expenses
$17,845
Net Operating Income
$72,095
Gross Rent Multiplier
13.3
Cap Rate
6
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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