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New Construction Duplex for Sale

4400 Alpine Way Yakima, WA 98908

4400 Alpine Way, Yakima, WA, 98908
$670,000
Pending
For Sale
$670,000
Pending

New construction duplex with two 3-bed, 2-bath units, each with an attached two-car garage.

Property Size3,168 SF
Days on Market43

Property Features for 4400 Alpine Way

General Information

Standard status
Pending
Size
3,168 SF
Property subtype
Multi Family / Duplex

Building Details

Year Built
2026
Listing agency John L Scott Yakima
Listed by W. Brad Chandler · License #24008390
Source Compass
Added: Jun 10 Updated: Jul 21 at 8:55AM Checked: Jul 21 at 8:55AM

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.

Welcome to 4400 Alpine Way, a new construction duplex scheduled to be finished in Summer 2026. The property offers two separate sides, with each unit featuring three bedrooms and two bathrooms. Each side is approximately 1,584 square feet, bringing the total to approximately 3,168 square feet. Both units include energy-efficient appliances and windows, along with forced-air HVAC, and each has an attached two-car garage.

The duplex is located in a desirable part of town and is close to Eisenhower H. S., grocery shopping, restaurants, and easy highway access.

Designed with a modern layout and finished interiors, the duplex provides a straightforward two-unit configuration suitable for rental use once completed.

Key Highlights

  • New construction duplex (Year built 2026) to be finished Summer 2026
  • Two 3‑bed, 2‑bath units, each about 1,584 +/- SF (total about 3,168 +/- SF)
  • Each side includes an attached 2‑car garage

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 $54.4k $17.16
− Vacancy −$3.5k −$1.12
EGI $50.8k $16.04
− OpEx −$15.2k −$4.81
NOI $35.6k $11.23
3,168 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$508.1K
$444.6K – $592.8K (±1% cap)
NOI $35,569 @ 7.0% cap · market cap 5.31%
Second Best
Apartment 5plus
$442.3K
$387.0K – $516.0K (±1% cap)
NOI $30,961 @ 7.0% cap · market cap 4.62%
Theoretical Best
Office A
$643.3K
$562.9K – $750.6K (±1% cap)
NOI $45,034 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Auto Repair Shop Building Supply Kitchen & Bath Showroom Grocery & Convenience Store Auto Parts Store (Bike/Boat/Book/etc) Store Plumbing Service Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

FAQs

What type of property is this?
Duplex - New construction duplex with two 3-bed, 2-bath units, each with an attached two-car garage.
Where is this duplex located?
The property is located at 4400 Alpine Way Yakima, WA.
What is the asking price?
The asking price for this property is $670,000.
What are key features of this property?
This property features: New construction duplex (Year built 2026) to be finished Summer 2026; Two 3‑bed, 2‑bath units, each about 1,584 +/- SF (total about 3,168 +/- SF); Each side includes an attached 2‑car garage
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