309 D St Yakima, WA 98902
This Yakima, WA multifamily investment presents a compelling value-add opportunity. Priced at $385,000, this property boasts six units (one bedroom/one bathroom each) across two one-story buildings on a 0.22-acre lot. Four units (2,416 sq ft) face 4th Ave, while two detached units (938 sq ft) face D St. The property features 100% occupancy and offers six parking spaces (one per unit). Built in 1976, the 3,354 sq ft complex is zoned RS: Commercial and enjoys a prime location near shopping, dining, trails, and public transportation. The asking price of $385,000 translates to $114.79 per square foot and $64,167 per unit. This is a "For Sale By Owner" offering, presented as-is. The property's strong cash flow and convenient location make it an attractive investment for both experienced and first-time investors seeking rental income in a desirable Yakima neighborhood. The property's current condition and potential for upgrades present a significant opportunity to enhance profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.