Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning