NOT LISTED FOR SALE

8 S 11th Ave Yakima, WA 98902

-- Bed
-- Bath
11,760 Sq Ft
0.31 Acres

Last Sold June 11, 2021

Last sale price $1,375,000 $117 Per Sq Ft

About This Home

As of June 2021

Bay Hill Estates is a 2-story, well-maintained apartment community. The property consists of 2 buildings centrally located near downtown Yakima and walking distance to the nearby hospital complex. The building has 8 one-bedroom units and 8 two-bedroom units. The property got a new roof in 2020 and the exterior was painted and new signage was installed in 2015. The owner has replaced the bathtub surrounds on turnover.

Bay Hill offers investors a quality asset with significant rental upside with current rents an estimated 24% +/- below market. An investor can capitalize on the income upside through increased rents in-line with the current market, adding amenities, and capturing additional revenue sources such as utility bill-back.

Last Agent to Sell the Property

Brian Richardson

Kidder Mathews License #78371 Listed on: 06/11/2021

Last Buyer's Agent

No Member Specified

NWMLS-NonOffice

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1790969

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,868

Year Built

  • Built in 1966

Lot Details

  • 0.31

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 11,760 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Parking

  • 20 Parking Spaces
  • Open Parking

Additional Features

  • 0.31 Acre Lot
  • Cable TV Available

Community Details

  • Yakima Subdivision

Listing and Financial Details

  • Assessor Parcel Number 181324-31499

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,868

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1966
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 11760
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Commercial
  • Fireplace: No
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry,Thermal Windows

Exterior Features

  • Roof: Composition
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Brick, Wood
  • Property Condition: Fair
  • Structure Type: Multi Family
  • ConstructionMethods: Standard Frame

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 20
  • Open Parking: Yes
  • Total Parking Spaces: 20
  • ParkingUncoveredSpaces: 20

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Cable Connected, Sewer Connected, Electric
  • WaterSewerGarbage: 11033

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Yakima

Lot Info

  • Parcel Number: 181324-31499
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13504
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • ZoningClass: Commercial

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 1441

Multi Family

  • Gross Scheduled Income: 176256
  • Net Operating Income: 117427
  • Number Of Units Total: 16
  • Electric Expense: 3430
  • Insurance Expense: 2750
  • Leasable Area: 11760
  • EnergySource: Electric
  • UnitsInBuildingTotal: 16
  • UnitsBelowGrade: true
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 10868

Range of Values:

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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
06/11/2021 06/11/21 Sold $1,375,000 0.0% $117 / Sq Ft
06/11/2021 06/11/21 For Sale $1,375,000 -- $117 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Richardson

    Seller's Agent in 2021

    Brian Richardson

    Kidder Mathews

    (206) 276-6811

    8 Total Sales

    Brian Richardson
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1790969

Northwest Multiple Listing Service (NWMLS)

APN: 181324-31499

Washington Yakima County Yakima 98902

8 S 11th Ave, Yakima, WA

This home is located at 8 S 11th Ave, Yakima, WA 98902 since 11 June 2021. This property was built in 1966. 8 S 11th Ave is a home located in Yakima County with nearby schools including Roosevelt Elementary School, Franklin Middle School, and Davis 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.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.

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