NOT LISTED FOR SALE
1 Bed
1 Bath
5,792 Sq Ft
0.42 Acre Lot

Sale Details

Date Sold: July 21, 2025

Last sale price $675,000 $117 Per Sq Ft

2 Days on Market

About This Home

As of July 2025

THIS OFFERING is for the opportunity to acquire a 9-unit multifamily property in central Yakima, zoned R3. The Spanish-style building showcases ''old world'' architectural charm, with a central open courtyard, and mature landscaping to provide a classic and timeless aesthetic.The unit mix includes seven-1Bd/1Ba units and two-2Bd/1Ba units, complimented by a community laundry room with storage units and a 600SF+/- detached garage. Recent capital improvements include a new exterior renovation inclusive of paint, upgraded in-unit heaters, and new electrical panels in all units (installed in 2024) to reduce future cap-ex maintenance requirements while positioning the property for stronger future operational performance. Current rents are below market, offering significant upside by way of rental adjustments, expense optimization (current expenses are 47% of GSI), and implementation of a RUBS (Ratio Utility Billing System). This property presents a compelling investment opportunity in a desirable central location. To further enhance the investment appeal, attractive SELLER FINANCING terms are available.

Last Agent to Sell the Property

Nick Mayer

Almon Commercial-Residential Real Estate License #90998 Listed on: 06/16/2025

Last Buyer's Agent

Nick Mayer

Almon Commercial-Residential Real Estate License #90998 Listed on: 06/16/2025

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,756

Year Built

  • Built in 1930

Lot Details

  • 0.42

Parking

  • 2 Car Garage

Home Design

  • Stucco

Additional Features

  • 18,295 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 9 Units
  • 5,792 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 181324-43541

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,756

Year Built

Built in 1930

Lot Details

0.42 Acres

Listing Details

  • Estimated Lot Size: 0.42
  • Directions: From S 1st st. head west on E. WalnutLeft on S 9th Ave.Destination on right.
  • Listing Member Name: Nicholas R Mayer
  • Prop. Type: Rental Income
  • Selling Member Short Id: NMay
  • Spec Tax Designation: None
  • Property Sub Type: Apartment
  • Year Built: 1930
  • Gross Mo Income: 7190.00
  • Total Approx Bldg S F: 5792.00
  • Special Features: None

Exterior Features

  • Roof: Agent Remarks
  • Exterior Construction: Stucco

Garage/Parking

  • Garage Capacity: 2

Utilities

  • Sewer: Connected
  • Domestic Water: Public Water
  • Heating: Forced Air

Condo/Co-op/Association

  • Number of Units: 9.00

Fee Information

  • Taxes: 5756.00

Schools

  • School District: Yakima

Lot Info

  • Parcel #: 181324-43541
  • Zoning: R3 - Multi Fam Res

Tax Info

  • Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Jul 16, 2025
Sold by
Dmj Mcproperties Llc
Bought by
Seller's Agent
Nick Mayer
Almon Commercial-Residential Real Estate
Buyer's Agent
Nick Mayer
Almon Commercial-Residential Real Estate
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%
Views
11

Purchase Details

Closed on
Jan 31, 2021
Sold by
Mckinley Scott and Mckinley Holly
Bought by
Dmj Mcproperties Llc

Purchase Details

Closed on
Jun 1, 2009
Sold by
Mckinley Mary Jane
Bought by
Mckinley Mary Jane and Mckinley Family Irrevocable Trust

Purchase Details

Closed on
Jan 2, 2006
Sold by
Harris Paul J and Harris Barbara J
Bought by
Mckinley Don J and Mckinley Mary Jane
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Fidelity National Title
Dmj Mcproperties Llc -- None Available
Mckinley Mary Jane -- None Available
Mckinley Don J $325,000 Valley Title Company
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2025 07/21/25 Sold $675,000 -3.4% $117 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $699,000 -- $121 / Sq Ft
Source: MLS Of Yakima Association Of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,983 $48,563 $10,625 $37,938
2024 $3,841 $53,593 $11,390 $42,203
2022 $3,106 $39,038 $8,222 $30,816
2021 $3,192 $40,161 $8,458 $31,703
2020 $3,306 $41,578 $8,938 $32,640
2019 $3,250 $41,578 $8,938 $32,640
2018 $3,292 $39,996 $10,440 $29,556
2017 $2,835 $39,996 $10,440 $29,556
2016 $2,092 $28,529 $8,756 $19,773
2015 $1,593 $21,900 $21,900 $0
2014 $988 $13,140 $13,140 $0
Source: Public Records

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Map

Source: MLS Of Yakima Association Of REALTORS®

MLS Number: 25-1642

MLS Of Yakima Association Of REALTORS®

APN: 181324-43541

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