NOT LISTED FOR SALE

2406 Castlevale Rd Yakima, WA 98902

-- Bed
-- Bath
7,808 Sq Ft
0.51 Acres

Last Sold January 23, 2024

Last sale price $1,150,000 $147 Per Sq Ft

234 Days on Market

About This Home

As of January 2024

Great opportunity to own a 12-plex centrally located in Yakima! This multi-unit complex is perfect for investors looking to add to their portfolio or start their investment journey. All units are one bedroom & one bathroom, each with it's own entrance & ground floor units. The property also features a laundry room & on-site parking. Easy access to amenities, highway and public transportation, making it a desirable location for renters. With high rental demand in the area, this investment opportunity has the potential to generate a steady stream of income for years to come. Don't miss out on this chance to own a a prime piece of real estate! Improving small areas can bring can make huge upside in rent. Possible owner financing available.

Last Agent to Sell the Property

Ron Rougeaux

eXp Realty License #20109842 Listed on: 05/01/2023

eXp Realty

Last Buyer's Agent

C. Todd Watkins

eXp Realty License #26297

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2062447

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,604

Year Built

  • Built in 1956

Lot Details

  • 0.51

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 7,808 Sq Ft Home
  • 1-Story Property

Parking

  • 12 Parking Spaces
  • Open Parking

Additional Features

  • 0.51 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Yakima Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181314-31401

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,604

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1956
  • Buyer Agency Compensation: 1.75
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 7808
  • Special Features: None
  • Cumulative Days on Market: 520

Interior Features

  • Fireplace: No
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Total Parking Spaces: 12
  • ParkingUncoveredSpaces: 12

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Other – See Remarks
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • WaterSewerGarbage: 4860

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Yakima
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 181314-31401
  • Lot Size Acres: 0.51
  • Lot Size Sq Ft: 22216
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Realist

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.1
  • LeasedItems: None
  • TotalMonthlyIncome: 10740

Multi Family

  • Gross Scheduled Income: 129600
  • Net Operating Income: 116220
  • Number Of Units Total: 12
  • Electric Expense: 456
  • Insurance Expense: 2100
  • Leasable Area: 7808
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2023
  • Tax Annual Amount: 5604

MLS Schools

  • Elementary School: Buyer To Verify

Range of Values:

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Average Value
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List Price
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
01/23/2024 01/23/24 Sold $1,150,000 +0.4% $147 / Sq Ft
12/21/2023 12/21/23 Pending -- -- --
12/02/2023 12/02/23 For Sale $1,145,000 -0.4% $147 / Sq Ft
11/30/2023 11/30/23 Off Market $1,150,000 -- --
11/15/2023 11/15/23 Price Changed $1,145,000 -4.2% $147 / Sq Ft
11/14/2023 11/14/23 For Sale $1,195,000 0.0% $153 / Sq Ft
11/08/2023 11/08/23 Pending -- -- --
10/30/2023 10/30/23 For Sale $1,195,000 +3.9% $153 / Sq Ft
10/27/2023 10/27/23 Off Market $1,150,000 -- --
10/02/2023 10/02/23 Price Changed $1,195,000 -4.4% $153 / Sq Ft
06/27/2023 06/27/23 Price Changed $1,250,000 -3.8% $160 / Sq Ft
05/01/2023 05/01/23 For Sale $1,300,000 -- $166 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2062447

Northwest Multiple Listing Service (NWMLS)

APN: 181314-31401