For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Yakima Fourplex: Turnkey Investment Property Title is generated by Realmo AI

    705 E Lincoln Ave, Yakima, WA 98901

    View on Map
    Claim this Listing
    For Sale
    $379,000

    MULTI_FAMILY - Yakima, WA

    Property size:
    2,477 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $153/SF
    Added:
    May 1, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 20 at 1:06 pm

    Property Features for 705 E Lincoln Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    2
    Rooms
    Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
    Standard status
    Active
    APN
    19131843429
    Size
    2,477 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    2567

    Utilities

    Heating system
    Electric (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1925
    Number of units
    4
    Building materials
    Frame
    Roof type
    Composition

    We can help!

    Listing Contact
    Mariana Cuevas

    Listing agent Mariana Cuevas

    Listing office Coldwell Banker Cascade Real Estate 205 N 40th Ave Suite 203, Yakima, WA

    Listing date May 1, 2026

    MLS# 26-1247 Listing URL

    Copyright © 2026 Yakima Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey 4‑plex built in 1925 with frame construction and a composition roof
    • Unit mix: three 1‑bedroom, 1‑bath units plus one 2‑bedroom, 1‑bath unit
    • All units are separately metered for power and have their own water heater
    • On public water with electric heat and baseboard heating; all units are occupied
    • Gross monthly income is $3,300
    • Recent updates include remodeled interiors, updated flooring, fresh paint, improved bathrooms, plus exterior and roofing improvements

    Overview

    This turnkey fourplex is located in a high-demand rental area of Yakima. The property is fully occupied and features a unit mix of three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit. Recent updates over the past year include remodeled interiors, updated flooring, fresh paint, and improved bathrooms in multiple units, along with exterior and roofing improvements. Each unit is separately metered for power and has its own water heater. The property's current gross monthly income is $3,300. All units are on public utilities. The property is conveniently located near freeway access, shopping, dining, local markets, and community amenities, including a nearby water park. The property size is 2477 square feet and the lot size is 0.15 acres.

    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 $42.5k $17.16
    − Vacancy −$2.8k −$1.12
    EGI $39.7k $16.04
    − OpEx −$11.9k −$4.81
    NOI $27.8k $11.23
    2,477 SF · lease $17.16/SF/yr · vacancy 6.53% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $397.3K
    $347.6K – $463.5K (±1% cap)
    NOI $27,811 @ 7.0% cap · market cap 7.34%
    Second Best
    Apartment 5plus
    $345.8K
    $302.6K – $403.5K (±1% cap)
    NOI $24,208 @ 7.0% cap · market cap 6.39%
    Theoretical Best
    Office A
    $503.0K
    $440.1K – $586.9K (±1% cap)
    NOI $35,211 @ 7.0% cap · market cap 9.29%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Yakima
    County
    Yakima
    State
    Washington
    Longitude
    -120.498348
    Latitude
    46.608462

    FAQs

    What type of property is this?
    Quadplex - Fully occupied fourplex in Yakima with recent remodels and strong income.
    Where is this quadplex located?
    The property is located at 705 E Lincoln Ave Yakima, WA.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: Turnkey 4‑plex built in 1925 with frame construction and a composition roof; Unit mix: three 1‑bedroom, 1‑bath units plus one 2‑bedroom, 1‑bath unit; All units are separately metered for power and have their own water heater
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message