Multifamily

Wapato, WA Multifamily Properties for Sale

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Workforce Housing Facility
Updated: Feb 4
Workforce Housing Facility

102 N Wapato Ave, Wapato, WA 98951

$2,500,000
23,145 sqft 0.79 AC lot
23,145‑square‑foot multifamily facility on 0.79 acres
Configured to accommodate up to 200 beds
26 stoves, multiple double sinks, 25 refrigerators, and 25 showers
Fully fenced site with secure gated access
Newer heating and cooling systems; roofing recently replaced
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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 14 Potential Opportunities for your consideration. Besides 2 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.

Private RV Park Lot
Private RV Park Lot

12-1769 Naches Wenas Rd, Selah, WA 98942

$164,000
5,063 sqft

Oversized, private RV site with full hookups and paved drive/pad for year-round motorhome and trailer parking.

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RV Resort Lot with Clubhouse Amenities
RV Resort Lot with Clubhouse Amenities

1769 Naches Wenas Rd, Selah, WA 98942

$259,000
0.10 AC lot

Lot #61 includes an 8x10 storage shed and gravel drive in Naches RV Resort.

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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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Stucco Duplex with Vacant Unit
Stucco Duplex with Vacant Unit

302 W Prasch Ave, Yakima, WA 98902

$320,000

Stucco duplex near schools and transportation, with one unit currently vacant.

View details

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.

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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

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

201 Coe Rd, Wapato, WA 98951-9172

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

417 Central Ave, Wapato, WA 98951-1024

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

10011 Wapato Rd, Wapato, WA 98951-9255

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

6281 Ashue Rd, Wapato, WA 98951-9704

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

1671 Thorp Rd, Wapato, WA 98951-9699

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

Wapato, WA Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Wapato, WA on our real estate platform. These investment opportunities span a total of 23,145 square feet of properties for sale, with an estimated market value of $2,786,000.

Sale prices for multifamily properties in Wapato, WA start at $286,000, averaging $1,393,000, and reaching up to $2,500,000 — 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 $340.5K

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)

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