Listed by Kidder Mathews, Bought with SJA Real Estate
NOT LISTED FOR SALE

911 S 48th Ave Yakima, WA 98908

West Valley Neighborhood
7 Beds
4 Baths
6,364 Sq Ft
0.51 Acres

Last Sold September 03, 2021

Last sale price $857,500 $135 Per Sq Ft

6 Days on Market

Highlights

  • 0.51 Acre Lot
  • Wall to Wall Carpet
  • 1-Story Property
  • Secluded Lot

About This Home

As of September 2021

A rare opportunity for Yakima! Yakima 8 offers investors a well cared for stabilized 8 unit with significant upside. Located off 48th St and Nob Hill Blvd makes this a desirable location for any investor in Yakima. The property has been well maintained and provides a significant value add to operations along and the ability to renovate units. An investor can walk into a 5.04% return and without much work increase their return to 8%. Rents are well below market.

Yakima 8 is within 5 minutes of grocery stores, two schools, retail outlets and many more amenities. This is a great

Last Agent to Sell the Property

Winslow Lee

Kidder Mathews License #136708 Listed on: 06/24/2021

Last Buyer's Agent

Derek Bunyard

SJA Real Estate License #23081

SJA Real Estate

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1797551

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,150

Year Built

  • Built in 1971

Lot Details

  • 0.51 Acre Lot
  • Street terminates at a dead end
  • Secluded Lot
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 6,364 Sq Ft Home
  • 1-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 15 Parking Spaces
  • Open Parking

Schools

  • Wilson Mid Middle School
  • Eisenhower High School

Community Details

  • Yakima Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18132723004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,150

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1971
  • Buyer Agency Compensation: 1.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6364
  • EffectiveYearBuiltSource: Public Records
  • SOCComments: 1.5% percent
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Forced Air, Wall to Wall Carpet, Laminate
  • Stories: 1
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Composition
  • Lot Features: Dead End Street, Secluded
  • View: No
  • Waterfront: No
  • Exterior Features: Brick
  • Foundation Details: Block
  • Property Condition: Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 15
  • Open Parking: Yes
  • Total Parking Spaces: 15
  • ParkingUncoveredSpaces: 15

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Utilities: Sewer Connected, Electric
  • SewerCompany: Yakima Waste System
  • WaterCompany: Nob Hill Water
  • WaterSewerGarbage: 8000

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Annually

Schools

  • Junior High Dist: Yakima
  • High School: Eisenhower High
  • Middle Or Junior School: Wilson Mid

Lot Info

  • Parcel Number: 18132723004
  • Lot Size Acres: 0.51
  • Lot Size: 22216
  • Lot Size Sq Ft: 22216
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: Yakima Parcel Viewer
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 5445

Multi Family

  • Gross Scheduled Income: 65340
  • Net Operating Income: 40049
  • Number Of Units Total: 8
  • Insurance Expense: 2400
  • Leasable Area: 6364
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2021
  • Tax Annual Amount: 5150
  • AdditionalTaxIds: 18132723004

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
09/03/2021 09/03/21 Sold $857,500 +7.9% $135 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $795,000 -- $125 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Winslow Lee

    Kidder Mathews

    Section Image

  • D

    Buyer's Agent in 2021

    Derek Bunyard

    Sterling Johnston Real Estate

    (425) 698-3118

    1 in this area

    4 Total Sales

    Derek Bunyard
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1797551

Northwest Multiple Listing Service (NWMLS)

APN: 181327-23004

Washington Yakima County Yakima 98908 West Valley

911 S 48th Ave, Yakima, WA

This home is located at 911 S 48th Ave, Yakima, WA 98908 since 24 June 2021. This property was built in 1971. 911 S 48th Ave 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.

Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 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. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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