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2-Unit New Construction Duplex

1632/1634 S 19th St, Yakima, WA 98901

For Sale
New
$510,000

Planned construction includes two residential units, each with a three-bedroom, two-bathroom layout.

Property Size2,992 SF
Price / SF$170.45
Days on Market7

Property Features for 1632/1634 S 19th St

General Information

Standard status Active
Size 2,992 SF
Property subtype Residential Income

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $815

Building Details

Buildings 1
Listing Agency: Berkshire Hathaway HomeServices Central Washington Real Estate
Listed By: Seth Edward Orr
Source: Exprealty
Added: Nov 2 Changed: Nov 6 Last Checked: Nov 8 at 7:00AM

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 Berkshire Hathaway HomeServices Central Washington Real Estate

Rey
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Investment Insights

Based on property information with market context.

This planned duplex will contain two units, each with 3 bedrooms, 2 bathrooms, and 1,496 square feet of living area. Combined, the building is designed to provide 2,992 square feet. Construction is anticipated to be complete in February 2027.

The property is located at 1632/1634 S 19th St in Yakima, Washington.

Key Highlights

  • Two‑unit duplex planned for completion in February 2027
  • Each unit is designed with 3 bedrooms and 2 bathrooms
  • 1,496 square feet of living area per unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$33,593
Cap Rate
6.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,860 $671.9K
Cap Rate 7%
$479,900 $479.9K
Cap Rate 9%
$373,256 $373.3K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$51.3K $17.16/SF
− Vacancy
−$3.4K −$1.12/SF
EGI
$48.0K $16.04/SF
− OpEx
−$14.4K −$4.81/SF
NOI
$33.6K $11.23/SF
Area
Yakima County, WA
Vacancy
6.53%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$671,860
Cap Rate 7%
$479,900
Cap Rate 9%
$373,256

Alternative Uses

Best Use
Multifamily LT 5
$479.9K
$419.9K – $559.9K (±1% cap)
NOI $33,593 @ 7.0% cap · market cap 6.59%
Second Best
Apartment 5plus
$417.7K
$365.5K – $487.4K (±1% cap)
NOI $29,241 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$607.6K
$531.7K – $708.9K (±1% cap)
NOI $42,532 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

325
Businesses Nearby

Demographics for 98901, WA

32,351
Population
12,201
Households
2.7
Avg Household Size
33
Median Age
17%
College-Educated
72%
High-School Grad
184.5 sq mi
ZIP Area
175
Density / Sq Mi
$56,429
Median Household Income
$33,058
Median Earnings
$996
Median Rent
$268,100
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Yakima County, WA

$207 Jul
$204 Aug
$203 Sep
$210 Oct

Properties on Market for Duplexes in Yakima County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Planned construction includes two residential units, each with a three-bedroom, two-bathroom layout.
Where is this duplex located?
The property is located at 1632/1634 S 19th St Yakima, WA.
What is the asking price?
The asking price for this property is $510,000.
What are key features of this property?
This property features: Two‑unit duplex planned for completion in February 2027; Each unit is designed with 3 bedrooms and 2 bathrooms; 1,496 square feet of living area per unit
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