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Three-Bedroom Duplex in Yakima

1909 West Nob Hill Boulevard Yakima, WA 98902

1909 West Nob Hill Boulevard, Yakima, WA, 98902
$399,000
For Sale
$399,000

Duplex with two-bedroom layouts that include a large non-conforming third bedroom and dedicated off-street parking.

Property Size2,240 SF
Price / SF$178.13
Days on Market116

Property Features for 1909 West Nob Hill Boulevard

General Information

Standard status
Active
Size
2,240 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1960
Listing agency Almon Commercial-Residential Real Estate
Listed by Nicholas R Mayer · License #90998
Source Compass
Added: Mar 30 Updated: Jul 22 at 8:46AM Checked: Jul 22 at 8:46AM

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 Almon Commercial-Residential Real Estate


Investment Insights

Based on property information with market context.

This offering presents a duplex with oversized unit layouts and two-bedroom, one-bath configurations that include a large non-conforming third bedroom, effectively functioning as three-bedroom units. Each unit is approximately 1,120 square feet and includes off-street parking, expansive living areas, and dedicated laundry rooms located just off the kitchen.

The property is located along West Nob Hill Boulevard in central Yakima with proximity to major retail amenities, including Rainier Square, and Yakima Valley College.

Recent capital improvements include a newer roof and fresh exterior paint. Interior upgrades across both units include newer appliances and laminate flooring, and one unit received additional improvements in 2024, including new windows and doors, updated flooring, refreshed kitchen cabinetry, and a new water heater. All units are currently on month-to-month leases, providing operational flexibility for a new owner.

Key Highlights

  • Duplex in central Yakima on Nob Hill Boulevard with two‑bedroom layouts plus a large non‑conforming third bedroom per unit
  • Each unit is approximately 1,120 SF with off‑street parking and dedicated laundry rooms just off the kitchen
  • Recent exterior updates include a newer composition roof and fresh exterior paint

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 $38.4k $17.16
− Vacancy −$2.5k −$1.12
EGI $35.9k $16.04
− OpEx −$10.8k −$4.81
NOI $25.1k $11.23
2,240 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$359.3K
$314.4K – $419.2K (±1% cap)
NOI $25,150 @ 7.0% cap · market cap 6.30%
Second Best
Apartment 5plus
$312.7K
$273.7K – $364.9K (±1% cap)
NOI $21,892 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$454.9K
$398.0K – $530.7K (±1% cap)
NOI $31,842 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Hair Salon Spa & Massage Center Electrical Service Kitchen & Bath Showroom Home Appliance Store Garden Center Plumbing Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two-bedroom layouts that include a large non-conforming third bedroom and dedicated off-street parking.
Where is this duplex located?
The property is located at 1909 West Nob Hill Boulevard Yakima, WA.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Duplex in central Yakima on Nob Hill Boulevard with two‑bedroom layouts plus a large non‑conforming third bedroom per unit; Each unit is approximately 1,120 SF with off‑street parking and dedicated laundry rooms just off the kitchen; Recent exterior updates include a newer composition roof and fresh exterior paint
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