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Quadplex with Rear Cottage
New
For Sale
$385,000

9 Hall Ave, Yakima, WA 98902

Residential Income, Yakima, WA

Property Size2,400 SF
Lot Size0.22 Acres
Price / SF$160.42
Days on Market2

Property Features for 9 Hall Ave

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description R3 - Multi Fam Res
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bedroom 5, Bathroom 3, Bedroom 1
Accessibility Accessible Approach with Ramp
Appliances Ranges: 4, Refrigerators: 4
Elementary school district Yakima
Middle school district Yakima
High school district Yakima
Directions Hall Ave is between W Yakima ave and Summitview Ave.
Subdivision 2A - Btwn N 1st/16th
Standard status Active
APN 18132432407 & 32406
Size 2,400 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 2954

Utilities

Heating system Electric (Heating)
Water source Public

Building Details

Year built 1930
Number of units 4
Building materials Frame
Roof type Composition
Listing Agency: Coldwell Banker Cascade Real Estate · Coldwell Banker Real Estate
Listed By: Ivonne Young · License #79385
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 4:06PM
MLS# 26-3154

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.

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Investment Insights

Based on property information with market context.

This 2,400-square-foot quadplex on a 0.22-acre parcel includes a main house arranged as three independent living spaces, each with its own exterior entrance, plus a cottage behind the house. The property was built in 1930 with frame construction, electric heat, a composition roof, and public water. An accessible approach ramp serves the property.

Four ranges and four refrigerators are included. The room inventory lists five bedrooms and four bathrooms.

Key Highlights

  • 2,400 square feet on a 0.22‑acre parcel
  • Main house contains three living spaces with separate exterior entrances
  • Rear cottage adds a fourth residential space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$26,946
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,920 $538.9K
Cap Rate 7%
$384,943 $384.9K
Cap Rate 9%
$299,400 $299.4K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$41.2K $17.16/SF
− Vacancy
−$2.7K −$1.12/SF
EGI
$38.5K $16.04/SF
− OpEx
−$11.5K −$4.81/SF
NOI
$26.9K $11.23/SF
Area
Yakima County, WA
Vacancy
6.53%
Lease Rate
$17.16 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,920
Cap Rate 7%
$384,943
Cap Rate 9%
$299,400

Alternative Uses

Best Use
Multifamily LT 5
$384.9K
$336.8K – $449.1K (±1% cap)
NOI $26,946 @ 7.0% cap · market cap 7.00%
Second Best
Apartment 5plus
$335.1K
$293.2K – $390.9K (±1% cap)
NOI $23,455 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$487.4K
$426.5K – $568.6K (±1% cap)
NOI $34,117 @ 7.0% cap · market cap 8.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Florist Locksmith Catering Service Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,643
Businesses Nearby

Demographics for 98902, WA

47,589
Population
17,723
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
78%
High-School Grad
9.3 sq mi
ZIP Area
5,117
Density / Sq Mi
$60,050
Median Household Income
$36,900
Median Earnings
$1,045
Median Rent
$237,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Three separately entered living spaces in the main house are complemented by a cottage at the rear of the property.
Where is this quadplex located?
The property is located at 9 Hall Ave Yakima, WA.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 2,400 square feet on a 0.22‑acre parcel; Main house contains three living spaces with separate exterior entrances; Rear cottage adds a fourth residential space
More about this property
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