Address
1020 S 20th Ave, Yakima, WA
Price
$ 2,295,000
Property Attributes
- MLS#261345
- TypeSingle Family
- Listing Status Active
- CountyYAKIMA
- CityYakima
- Area3B - Btwn S 16th-40th
- Zip98902
- StyleApartment
- Year Built1971
- Taxes$ 17735
- Price$ 2,295,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage13300
- Lot Size0.55 Acres
Data Source:
Yakima Association of REALTORS®
Property Description
Northmarq is pleased to present 20th Avenue Apartments, a 20-unit multifamily apartment community located in Yakima, Washington. Built in 1971, the property spans approximately 13,300 net rentable square feet and consists entirely of one-bedroom residences averaging 665SF. The community is currently 100% occupied and includes 32 surface parking spaces, supporting strong tenant convenience and stable leasing performance. The property is being offered at $2.5 million, representing a 6.29% capitalization rate based on $157,244 in net operating income. It provides immediate in-place cash flow, with additional upside potential as current rents are approximately 3.97% below market, allowing for future income growth through strategic rent adjustments.
| Price History | |
|---|---|
| 5/11/2026 | Listed $2,500,000 |
| 10/6/2026 | 9$2,295,000 |
General Features
| Sewer | Connected |
|---|---|
| Heating | Baseboard |
| Roof | Metal |
| Construction Materials | Wood Siding |
| Year Built | 1971 |
| Property Subtype | Apartment |
| Tax Year | 2026 |
| Parcel Number | 181326-13429 |
| Gross Income | 19748.0 |
| Property Type | Residential Income |
| Status | Active |
| City | Yakima |
| Zoning Description | R3 - Multi Fam Res |
| MLS Area | 3B - Btwn S 16th/40th |
| Lot Size Units | Acres |
| Lot Size Square Feet | 23958.0 |
| Carport Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 17735.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| MLS Area Minor | 3B - Btwn S 16th/40th |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Standard Status | Active |
| MobileHomeRemainsYN | No |
| Senior Community | None |
| New Construction | None |
| Public Remarks | Northmarq is pleased to present 20th Avenue Apartments,a 20-unit multifamily apartment community located in Yakima,Washington. Built in 1971,the property spans approximately 13,300 net rentable squ |
| Utilities@Core.Permissions | None |
| Water Body Access Y/N | None |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Heating Y/N | Yes |
Exterior Features
| Water Source | Public |
|---|---|
| Lot Size Area | 0.55 |
| Spa | No |
| Building Area Total | 13300.0 |
| Lot Size Acres | 0.55 |
| Crops Included Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
| ExteriorFeatures@Core.Permissions | None |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98902
Price
Taxes
Year Built
Visits
Tri-City Association of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2018 All rights reserved. Last Update: November 7, 2026 3:46 AM UTC
