Centrally Located
1716 South 10th Avenue Yakima, WA 98902
1716 South 10th Avenue, Yakima, WA, 98902
$435,000
For Sale
$435,000
Triplex with three 2-bedroom, 1-bath units and long-term tenants.
Property Size2,430 SF
Price / SF$179.01
Days on Market100
Property Features for 1716 South 10th Avenue
General Information
- Standard status
- Active
- Size
- 2,430 SF
- Property subtype
- Multi Family / Triplex
Building Details
- Year Built
- 1985
Listing agency
Home Source Of Yakima
(509) 952-7147
Listed by
Lars Hanson · License #26751
(509) 952-7147
Source
Compass
Added: Apr 13 Updated: Jul 21 at 12:34AM Checked: Jul 21 at 6:28AM
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 Home Source Of Yakima
Investment Insights
Based on property information with market context.
This centrally located triplex offers three residential units, and each unit features 2 bedrooms and 1 bathroom. The units are described as having 810 square feet each.
The property is presented for sale with long-term tenants in place. Public remarks note that rents are below market value while overall occupancy is stable.
The asking price and other financial details are available upon request, but the current configuration and tenant profile are established, residential income-focused factors for buyers evaluating multifamily holdings.
The property is presented for sale with long-term tenants in place. Public remarks note that rents are below market value while overall occupancy is stable.
The asking price and other financial details are available upon request, but the current configuration and tenant profile are established, residential income-focused factors for buyers evaluating multifamily holdings.
Key Highlights
- Triplex with three 2‑bedroom, 1‑bath units
- Each unit has 810 SF
- Long‑term tenants in place
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $41.7k | $17.16 |
| − Vacancy | −$2.7k | −$1.12 |
| EGI | $39.0k | $16.04 |
| − OpEx | −$11.7k | −$4.81 |
| NOI | $27.3k | $11.23 |
2,430 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$389.8K
$341.0K – $454.7K
NOI $27,283 @ 7.0% cap · market cap 6.27%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.8K
NOI $23,749 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$493.5K
$431.8K – $575.7K
NOI $34,543 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Triplex with three 2-bedroom, 1-bath units and long-term tenants.
Where is this triplex located?
The property is located at 1716 South 10th Avenue Yakima, WA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Triplex with three 2‑bedroom, 1‑bath units; Each unit has 810 SF; Long‑term tenants in place
