NOT LISTED FOR SALE

1005 S 48th Ave Unit 1007 Yakima, WA 98908

West Valley Neighborhood
8 Beds
8 Baths
50,348 Sq Ft
1.83 Acres

Last Sold August 31, 2022

Last sale price $6,875,000 $137 Per Sq Ft

1 Day on Market

Highlights

  • 1.83 Acre Lot
  • Wood Siding
  • Heating Available

About This Home

As of August 2022

THIS OFFERING is for the opportunity to acquire a portfolio of three well-positioned multi-family properties comprised of 61 units.Located in a desirable west Yakima neighborhood, 1005 & 1007 S 48th Ave contains 21 units comprised of five 2 beds/1 baths, 15 units comprised of 2 beds/1.5 baths and one unit comprised of 3 beds/1 bath. Located in central Yakima 4 blocks from both Yakima Valley College and Rainier Square, 1020 S 20th Ave contains 20 units comprised entirety of 1 bed/1 bath.Located in central Yakima across from the former Astria Hospital, the Cardinal Manor at 110 & 112 S 11th Ave contains 14 units comprised of 1 bed/1 bath, five units comprised of 2 bed/1 bath and one unit comprised of 2 bed/2 baths. Some simple administrative upside opportunity exists by way of increasing rents within some of the rental agreements that are currently below market.

Last Agent to Sell the Property

Bill Almon

Almon Commercial-Residential Real Estate License #17047 Listed on: 06/13/2022

Last Buyer's Agent

Bill Almon

Almon Commercial-Residential Real Estate License #17047 Listed on: 06/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $41,378

Year Built

  • Built in 1960

Lot Details

  • 1.83

Home Design

  • Composition Roof
  • Metal Roof
  • Wood Siding

Additional Features

  • 1.83 Acre Lot
  • Heating Available

Community Details

  • 61 Units
  • 50,348 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 181327-23006, 181326-13429 & 181324-34453

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$41,378

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Estimated Lot Size: 1.83
  • Directions: 1005 & 1007 S 48th Ave, 1020 S 20th Ave and 110 & 112 S 11th Ave
  • Listing Member Name: Bill Almon, Jr
  • Listing Office Short Id: 45
  • Open House Office I D: 20060414233710999322000000
  • Prop. Type: Rental Income
  • Selling Member Short Id: 468
  • Selling Office Short Id: 45
  • Spec Tax Designation: None
  • Property Sub Type: Apartment
  • Year Built: 1960
  • Gross Mo Income: 48147.00
  • Total Approx Bldg S F: 50348.00
  • Special Features: None

Exterior Features

  • Roof: Composition, Metal
  • Exterior Construction: Wood

Garage/Parking

  • Garage Capacity: None

Utilities

  • Sewer: Connected
  • Domestic Water: Public Water
  • Heating: Electric

Condo/Co-op/Association

  • Number of Units: 61.00

Fee Information

  • Taxes: 41378.00

Lot Info

  • Parcel #: 181327-23006, 181326-13429 & 181324-34453
  • Zoning: B1 - Prof Bus, R3 - Multi Fam Res

Tax Info

  • Year: 2022

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $6,875,000 -3.2% $137 / Sq Ft
06/13/2022 06/13/22 For Sale $7,104,891 -- $141 / Sq Ft
Source: MLS Of Yakima Association Of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Almon

    Seller's Agent in 2022

    Bill Almon

    Almon Commercial-Residential Real Estate

    (509) 966-3800

    8 in this area

    67 Total Sales

    Bill Almon
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Map

Source: MLS Of Yakima Association Of REALTORS®

MLS Number: 22-1413

MLS Of Yakima Association Of REALTORS®

APN: 181327-23006

Washington Yakima County Yakima 98908 West Valley

1005 S 48th Ave Unit 1007, Yakima, WA

This home is located at 1005 S 48th Ave Unit 1007, Yakima, WA 98908 since 13 June 2022. This property was built in 1960. 1005 S 48th Ave Unit 1007 is a home located in Yakima County with nearby schools including Whitney Elementary School, Wilson Middle School, and Eisenhower High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Of Yakima Association Of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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