Duplex with Detached Two-Car
1414 W Yakima Ave, Yakima, WA 98902
For Sale
$349,950
Pending
Two one-bedroom units include private basements, central air, and dedicated garage parking.
Property Size3,040 SF
Lot Size0.11 Acres
Days on Market184
Property Features for 1414 W Yakima Ave
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Units
Unit Mix
Multifamily Units
Amenities
central air conditioning
private yard
Building Details
Year Built
Buildings
Listing Agency:
Windermere Real Estate Midtown
Listed By:
David Stelzer
(206) 334-5052
Source:
Seattlepropertysource
Added: May 15
Changed: Nov 1
Last Checked: Nov 10 at 12:18PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Windermere Real Estate Midtown
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Investment Insights
Based on property information with market context.
This true duplex at 1414 W Yakima Ave includes approximately 3,040 square feet across two residential units. Each unit has one bedroom, one bathroom, a main living level, and a private basement that adds storage and flexibility. Interior details include wood millwork, built-in cabinetry, hardwood floors beneath the carpet, and light-filled windows. Central air conditioning serves both units.
The property occupies a 5,000-square-foot corner lot in central Yakima, with a private yard and detached two-car garage. The garage provides dedicated parking and additional storage. Shopping, restaurants, parks, schools, medical facilities, and major transportation routes are located nearby.
The property occupies a 5,000-square-foot corner lot in central Yakima, with a private yard and detached two-car garage. The garage provides dedicated parking and additional storage. Shopping, restaurants, parks, schools, medical facilities, and major transportation routes are located nearby.
Key Highlights
- True duplex with approximately 3, 040 square feet
- Two units, each with one bedroom, one bathroom, and a private basement
- 5, 000‑square‑foot corner lot with private yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,710
Cap Rate
8.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,200
$594.2K
Cap Rate 7%
$424,429
$424.4K
Cap Rate 9%
$330,111
$330.1K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$58.0K $19.08/SF
− Vacancy
−$4.0K −$1.31/SF
EGI
$54.0K $17.77/SF
− OpEx
−$24.3K −$8.00/SF
NOI
$29.7K $9.77/SF
Area
Yakima County, WA
Vacancy
6.87%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,200
Cap Rate 7%
$424,429
Cap Rate 9%
$330,111
Alternative Uses
Best Use
Multifamily LT 5
$487.6K
$426.7K – $568.9K
NOI $34,132 @ 7.0% cap · market cap 9.75%
Second Best
Apartment 5plus
$424.4K
$371.4K – $495.2K
NOI $29,710 @ 7.0% cap · market cap 8.49%
Theoretical Best
Office A
$617.4K
$540.2K – $720.3K
NOI $43,215 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
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Business Placement
Demographics for 98902, WA
47,589
Population
17,723
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
78%
High-School Grad
9.3 sq mi
ZIP Area
5,117
Density / Sq Mi
$60,050
Median Household Income
$36,900
Median Earnings
$1,045
Median Rent
$237,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Yakima County, WA
Properties on Market for Duplexes in Yakima County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two one-bedroom units include private basements, central air, and dedicated garage parking.
Where is this duplex located?
The property is located at 1414 W Yakima Ave Yakima, WA.
What is the asking price?
The asking price for this property is $349,950.
What are key features of this property?
This property features: True duplex with approximately 3, 040 square feet; Two units, each with one bedroom, one bathroom, and a private basement; 5, 000‑square‑foot corner lot with private yard
