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    Wapato, WA
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    Wapato, WA Multifamily Properties for Sale

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    Former Church Multifamily Conversion Opportunity
    Updated: Sep 25, 2025
    Former Church Multifamily Conversion Opportunity

    312 West 2nd Street, Wapato, WA 98951

    $286,000
    4,000 sq ft structure ideal for business or multifamily dwelling.
    Qualifies as a triplex with proper permitting.
    Two kitchens, one on main level and one in the basement.
    HVAC systems in basement and top floor.
    Large basement with ample space.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 1 Active listings in Wapato, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Income Portfolio with Development
    Residential Income Portfolio with Development

    1408-1428 S 8th St, Yakima, WA 98901

    $1,750,000
    7,530 sqft 2.47 AC lot

    Portfolio includes 15 houses on 9 separately parceled lots, all zoned R2 for potential redevelopment.

    View details
    2024-Built Duplex with Leases
    2024-Built Duplex with Leases

    1900 W Mead Ave, Yakima, WA 98903

    $544,900

    Two residential units carry newly signed one-year leases for immediate occupancy continuity.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    4140 Harrah Rd, Harrah, WA 98933

    $499,000

    Multifamily property with four two-bedroom units and one one-bedroom unit near everyday services in Harrah.

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    Riverfront Mobile Home Park Land
    Riverfront Mobile Home Park Land

    181 Quick Lane, Zillah, WA 98953

    Contact for pricing
    30.38 AC lot

    30.38 acres along the Yakima River includes a mobile home park, utility buildings, and a historic 1915 home.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Naches RV Resort Bluff-Top Lot
    Naches RV Resort Bluff-Top Lot

    62-1769 Naches Wenas Rd, Selah, WA 98942

    $110,000

    Bluff-top RV lot with full hookups and resort amenities.

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    Naches RV Resort Bluff-Top Lot
    Naches RV Resort Bluff-Top Lot

    1769 Naches Wenas Road, Unit 62, Selah, WA 98942

    $110,000

    Recreational lot with full hookups and resort amenities.

    View details

    Off-Market Properties in Wapato, WA

    Consider similar Off-Market properties in Wapato, WA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    Leisure Hl Dr
    MOBILE HOME PARK, TRAILER PARK

    Leisure Hl Dr, Wapato, WA 98951

    Estimated value:
    $5,930,000
    3.36 AC lot
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    201 Coe Rd
    MOBILE HOME PARK, TRAILER PARK

    201 Coe Rd, Wapato, WA 98951-9172

    Estimated value:
    $205,000
    3.61 AC lot
    View details
    417 Central Ave
    MOBILE HOME PARK, TRAILER PARK

    417 Central Ave, Wapato, WA 98951-1024

    Estimated value:
    $205,000
    1.28 AC lot
    View details
    10011 Wapato Rd
    CAMPGROUND, RV PARK

    10011 Wapato Rd, Wapato, WA 98951-9255

    Estimated value:
    $210,000
    1,456 sqft 8.55 AC lot
    View details
    6281 Ashue Rd
    MOBILE HOME PARK, TRAILER PARK

    6281 Ashue Rd, Wapato, WA 98951-9704

    Estimated value:
    $265,000
    1,932 sqft 0.52 AC lot
    View details
    1671 Thorp Rd
    MOBILE HOME PARK, TRAILER PARK

    1671 Thorp Rd, Wapato, WA 98951-9699

    Estimated value:
    $245,000
    3,360 sqft 2.48 AC lot
    View details

    Wapato, WA Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Wapato, WA on our real estate platform.

    Sale prices for multifamily properties in Wapato, WA average $286,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.1%
    Median Household Income $63,083
    College Educated 13.3%

    High-Yield Neighborhoods for Investment

    Identify Wapato submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98951 $286K

    Taxes & Financing

    Tax Rate (average for all types) 0.77%
    Property Tax per SF $13.78 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Yakima County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Yakima County

    Residential Income

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