$2,000,000

Estimated payment $11,902/month

Total Views 20,991
-- Bed
-- Bath
11,760 Sq Ft
$170 Price per Sq Ft

About This Home

This offering is for a 16 unit multi-family property featuring a balanced mix of one-bedroom and two bedroom apartments. A new owner has upside possibility in increasing rents on some of the units to get them up to market rent. This property is centrally located just one block South from Yakima Avenue and is only 1 block from a public transit stop. This property provides off-street parking for all apartments, storage units for all apartments and two on-site laundry rooms These units are very well taken care of and the current owner has spent a significant amount of money in capital expenditures the last few year which include a new roof a in 2020 and a new main sewer lines in 2024 with a transferable 10 year warranty. Seize the chance to invest in a thriving area with this versatile property, perfect for a range of tenant needs. This is one of three properties of a 45 unit portfolio all in close proximity to each other that can be purchased separately or as a packageSee Offering Memorandum in the documents section for more details.

Listing Agent

Russ Roberts

Keller Williams Yakima Valley License #26317 Listed on: 01/22/2025

Keller Williams Yakima Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,317

Year Built

  • Built in 1966

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Additional Features

  • 0.31 Acre Lot
  • Heating Available

Community Details

  • 16 Units
  • 11,760 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 181324-31499

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,317

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Estimated Lot Size: 0.31
  • Directions: 1 block south of Yakima Ave on 11th ave
  • Listing Member Name: Russ Roberts,
  • Listing Office Short Id: KellerW
  • Open House Office I D: 20170731180447035057000000
  • Prop. Type: Rental Income
  • Spec Tax Designation: None
  • Property Sub Type: Apartment
  • Year Built: 1966
  • Construction Style: Frame
  • Gross Mo Income: 17298.00
  • Total Approx Bldg S F: 11760.00
  • Unit A Number of Units: 16
  • Special Features: None

Exterior Features

  • Roof: Composition
  • Exterior Construction: Wood

Garage/Parking

  • Garage Capacity: None

Utilities

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

Condo/Co-op/Association

  • Number of Units: 16.00

Fee Information

  • Taxes: 12317.00

Lot Info

  • Parcel #: 181324-31499
  • Zoning: B1 - Prof Bus

Tax Info

  • Year: 2024

Map

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
01/22/2025 01/22/25 For Sale $2,000,000 -- $170 / Sq Ft
Source: MLS Of Yakima Association Of REALTORS®

Source: MLS Of Yakima Association Of REALTORS®

MLS Number: 25-156

MLS Of Yakima Association Of REALTORS®