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406 North Naches Avenue, Yakima, WA, 98901
Duplex Investment Property

406 North Naches Avenue Yakima, WA 98901

For Sale
$240,000
Pending

For sale duplex income property in Yakima, WA, offered as a portfolio addition.

Property Size1,454 SF
Days on Market30

Property Features for 406 North Naches Avenue

General Information

Standard status
Pending
Size
1,454 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
1920
Listing Agency: John L Scott Yakima
Listed By: Eduardo Castro · License #20120400
Source: Compass
Added: Jun 25 Changed: Jul 22 Last Checked: Jul 23 at 8:34AM

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 John L Scott Yakima


Investment Insights

Based on property information with market context.

This for-sale duplex is positioned as a residential income property suitable for investors looking to add to an existing portfolio. The listing includes a stated property size of 1,454.

The property is located at 406 North Naches Avenue in Yakima, Washington 98901. The asking price is $240,000.

Based on the information provided, the asset is presented under the duplex and residential income property categories, with the intent of supporting investor ownership as part of a broader holdings strategy.

Key Highlights

  • Duplex income property in Yakima, WA, offered as a portfolio addition
  • Year built: 1920
  • Forced‑air heating

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 $25.0k $17.16
− Vacancy −$1.6k −$1.12
EGI $23.3k $16.04
− OpEx −$7.0k −$4.81
NOI $16.3k $11.23
1,454 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$233.2K
$204.1K – $272.1K (±1% cap)
NOI $16,325 @ 7.0% cap · market cap 6.80%
Second Best
Apartment 5plus
$203.0K
$177.6K – $236.8K (±1% cap)
NOI $14,210 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$295.3K
$258.4K – $344.5K (±1% cap)
NOI $20,669 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Veterinary Clinic Pet Grooming Service Tanning Salon Pet Store & Service Florist Bed & Breakfast Pet Store Nursing Home

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

FAQs

What type of property is this?
Duplex - For sale duplex income property in Yakima, WA, offered as a portfolio addition.
Where is this duplex located?
The property is located at 406 North Naches Avenue Yakima, WA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Duplex income property in Yakima, WA, offered as a portfolio addition; Year built: 1920; Forced‑air heating
More about this property
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