Yakima, WA Apartment buildings for sale

Updated: May 12

Stabilized 18-Unit Multifamily Investment

1011 1013, 1015 S 48th Avenue, Yakima, WA 98908

$2,990,000

15,728 sqft 1.54 AC lot

18‑unit multifamily complex (16 apartments plus a duplex) in West Yakima, built in 1996.
Currently 100% occupied with scheduled rent exceeding $25 in reported rental income, plus additional coin‑op laundry income.
Two 2‑bed, 1‑bath duplex units, each approximately 1,000 SF, with carport and driveway parking.
Approximately 15,728 total building SF on about 1.54 total acres with 36 total parking spaces, including covered parking.
Irrigated grounds and a location near MultiCare Yakima Memorial Hospital, Yakima Valley College, and Eisenhower High School.

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This listing looks promising.

Here's a quick look at some key insights for

1011 1013, 1015 S 48th Avenue, Yakima, WA 98908

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Est. Cap Rate

5.1%
NOI ÷ price
Est. NOI

$154K
Annual
Price @ 7% Cap

$2.2M
Suggested
Property Type

Multi-Family Dwellings
Built 1992

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Updated: Apr 1

Stabilized Multifamily Investment Opportunity

1011-1013 South 48th Avenue, Yakima, WA 98908

$2,990,000

15,728 sqft 1.54 AC lot

100% Occupancy in a desirable West Yakima location.
Strong rental income exceeding 2025 reported cash basis.
Desirable unit mix dominated by two‑bedroom apartments.
Proximity to major healthcare and educational institutions.
Completed capital improvements and ongoing unit remodels.

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Newly Constructed Townhome Apartment Building

5101 Powerhouse Rd, Yakima, WA 98908

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83,628 sqft

2023-built 66-unit townhome community offering spacious 2- and 3-bedroom homes with in-unit laundry and modern HVAC.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 3 Active listings in Yakima, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Five-Plex Apartment Building with Private Patios

4110 W Kennewick Ave, Kennewick, WA 99336

$684,999

3,680 sqft 0.31 AC lot

Five-plex apartment building in multi-family zoning with electric heat, off-street parking, and private patios in select units.

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Waterfront Apartment Building with Dock

3013 Lakeside, Unit 1-5, Moses Lake, WA 98837

$1,300,000

3,400 sqft

Five remodeled units in a waterfront apartment building featuring a 55' dock and bulkhead.

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Seven-Unit Apartment Building

415 W Albany Ave, Kennewick, WA 99336

Contact for pricing

For sale seven-unit multifamily complex with studio, one-bedroom, and two-bedroom apartments.

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New Four-Building Apartment Complex

1701 W Crouse St, Moses Lake, WA 98837

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New four-building, 96-unit apartment complex with a central clubhouse, receiving final occupancy in November 2025.

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Off-Market Properties in Yakima, WA

Consider similar Off-Market properties in Yakima, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Multifamily properties

309 D St, Yakima, WA 98902

Value Estimation by Request

3,354 sqft 0.22 AC lot

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Multifamily properties

1310 Mead Ave, Yakima, WA 98902

Value Estimation by Request

1.81 AC lot

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Yakima, WA Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Yakima, WA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 115,084 square feet of properties for sale, with an estimated market value of $5,980,000.

Sale prices for two-family homes in Yakima, WA average $2,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
98902	$2.5M
98908	$3.2M

Neighborhood

Average Price

98902

$2.5M

98908

$3.2M