Yakima 23 Unit offers investors the opportunity to acquire a well-maintained, 23-unit multifamily community located at 1403-1407 S 18th Ave in Yakima. The property consists of eight residential buildings on approximately 62,726 SF with a mix of apartments, duplexes, and townhomes. The unit mix includes 12 two-bedroom/one-bath units, three two-bedroom/one-bath units with in-unit laundry, and eight two-bedroom/1.5-bath townhomes. The property features 38 parking spaces, including 14 covered, shared and in-unit laundry, updated double-pane windows, and individually metered electricity. Four duplex roofs were replaced in 2025 and the triplex roof in 2021. Current rents are within approximately 3% of market, providing additional upside through interior and exterior improvements. Centrally located near schools, major employers, shopping, parks, Yakima Valley College, Perry Technical Institute, and Yakima Memorial Hospital. Offered at $3,100,000.
| MLS # | 2581901 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1976 |
| Days On Site | 44 |
| Listing Provided By | Kidder Mathews | Max Frame |
| SQ Feet | 18,722 |
|---|---|
| Car Port | Yes |
| Story(s) | 2 |
| Units | 3 |
| Zoning | Multi-Family |
| Acreage | 1.44 |
| Property View | Yes |
| Property | 19722 |
|---|
| State | WA |
|---|---|
| County | Yakima |
| City | Yakima |
| Zip Code | 98902 |
| Area | 475 Yakima County |
| Community Name | Yakima |
| Listing VS Median (in Yakima) | |
Price: $3,100,000 low | high Med: $425,000 sqft: 18,722 low | high Med: 1,875 $ / sqft: $166 low | high Med: $227 On site: 44 low | high Med: 5 | |
| State | WA |
|---|---|
| County | Yakima |
| City | Yakima |
| Zip Code | 98902 |
| Area | 475 Yakima County |
| Community Name | Yakima |
| Listing VS Median (in Yakima) | |
Price: $3,100,000 low | high Med: $425,000 sqft: 18,722 low | high Med: 1,875 $ / sqft: $166 low | high Med: $227 On site: 44 low | high Med: 5 | |