Rare investment opportunity! This fully renovated 1911 Craftsman Bungalow offers immediate income potential with two separate living units and the opportunity to create a third income-producing ADU. Ideally located on an R-3 multifamily-zoned street near Franklin Park, restaurants, shopping, and everyday amenities. Unit 1 (main level) features 2 bedrooms, 1 full bath with double sinks, beautiful hardwood floors, a living room, and an open-concept kitchen. Unit 2 (basement level) offers a separate living space with its own kitchen area, 2 bedrooms, 1 full bath with double sinks, and stacked washer/dryer. There are three separate power meters and an unfinished detached ADU with power and sewer already connected. Adding potential and possibilities to make it your own. This versatile property offers flexibility and income potential!
Welcome to 4400 Alpine Way! This is a new construction duplex to be finished Summer 2026. Don't miss this fantastic opportunity to home hack your way to home ownership, start your investment portfolio with units fully ready to rent upon completion. Each side of the home is a 3 BD, 2 BA, 1,584 +/- SF unit totaling 3,168 +/- SF with an attached 2-car garage! Boasting energy efficient appliances, windows and a forced air HVAC. A thoughtful modern design, beautiful finishes, and located in a desirable part of town that is close to Eisenhower H.S., grocery shopping, restaurants, and easy highway access. Seller is a licensed Realtor in Washington State.
Two neighboring properties, one rare investment opportunity in Yakima! 1317 and 1319 Folsom Avenue are being offered together, creating a versatile setup for investors, owner-occupants, or multi-generational living. The front home at 1317 Folsom offers 3 bedrooms, 2 bathrooms, a comfortable single-level layout, spacious living area, dining space, primary suite with walk-in closet, updated siding, fresh exterior paint, RV hookups, and excellent off-street parking. A major bonus is the impressive 22' x 36' detached shop with 13' walls, 6" concrete floors, gas heat, and office space—ideal for storage, hobbies, contractor use, or added rental appeal. The neighboring home at 1319 Folsom adds immediate income potential with a 2-bedroom, 3/4-bath layout and is currently rented for $535/month, with the tenant paying all utilities. Together, these properties offer flexibility to live in one and rent the other, hold both as rentals, or explore future possibilities. Both lots are zoned R3 with the city, giving buyers the opportunity to work with planning on potential future development or larger dwelling options. Conveniently located near schools, parks, downtown Yakima, and everyday amenities, this is a unique chance to secure two adjoining properties with income, usability, and long-term upside.
Income potential -OR- multi generational flexibility built in! The main level offers a comfortable living area alongside a spacious kitchen with its own dining space and plentiful cabinetry for efficient storage and workflow.The lower level expands the home's versatility with its own living area, third bedroom, full bath, and second kitchen well-suited for separate living quarters or potential rental use. Central air provides efficient climate control, and the fully fenced yard adds usable outdoor space. Designed for flexibility and practical opportunity--schedule your showing today!!
Discover an excellent addition to your investment portfolio with this attractive single-level 4-plex offering convenience, strong rental appeal, and potential. This property features four thoughtfully laid out units, all on one level, which is desirable for tenants seeking both comfort and accessibility. Units at this property have one bedroom and one bathroom along with a parking space. These units also have solid rental history and the property is currently 100% occupied. Whether you are a seasoned investor looking to expand your investments, or an owner-occupant seeking some income potential, this multi-family property presents a great opportunity! Current Gross Monthly Rental Income is $2,972/mo. when fully rented. Tenants pay electricity.
Discover an excellent addition to your investment portfolio with this attractive single-level 4-plex offering convenience, strong rental appeal, and potential. This property features four thoughtfully laid out units, all on one level, which is desirable for tenants seeking both comfort and accessibility. Units at this property have 2 bedrooms and one bathroom along with a parking space. These units also have solid rental history and the property is currently 100% occupied. Whether you are a seasoned investor looking to expand your investments, or an owner-occupant seeking some income potential, this multi-family property presents a great opportunity! Current Gross Monthly Rental Income is $3,590/mo. when fully rented. Tenants pay electricity.
Discover an excellent addition to your investment portfolio with this attractive single-level 4-plex offering convenience, strong rental appeal, and potential. This property features four thoughtfully laid out units, all on one level, which is desirable for tenants seeking both comfort and accessibility. Units at this property have two bedrooms and one bathroom along with a parking space. These units also have solid rental history and the property is currently 100% occupied. Whether you are a seasoned investor looking to expand your investments, or an owner-occupant seeking some income potential, this multi-family property presents a great opportunity! Current Gross Monthly Rental Income is $3,100/mo. when fully rented. Tenants pay electricity.
Courtesy: Northmarq Multifamily, Llc
952-356-0100
Steven Fischer
20th Avenue Apartments is a 20-unit, all one-bedroom apartment community located in Yakima, Washington. Built in 1971, the property spans approximately 13,300 net rentable square feet across 20 units averaging 665 SF each, currently 100% occupied. The asset is offered at $2,500,000, representing a 6.29% in-place capitalization rate on $157,244 of net operating income. Current rents trail market by approximately 3.97%, providing near-term upside through standard rent growth. The property includes 32 surface parking spaces. Yakima's economy — anchored by agriculture, healthcare, and food processing — supports stable year-round housing demand, and limited new multifamily supply reinforces occupancy and rental performance in the submarket.
Courtesy: RE/MAX Premier Group
360-996-1010
Israel Jimenez
The Eisenhower Complex is a stabilized 18 unit multifamily investment located in one of West Yakima’s most established rental corridors. The offering includes a 16 unit apartment property plus a duplex, creating a two bed dominant unit mix with broad renter appeal. The property is currently 100% occupied, w/current scheduled rent exceeding '25 reported rental income and additional income generated from coin op laundry. Positioned near MultiCare Yakima Memorial Hospital, Yakima Valley College, Wilson & West Valley Middle School, Eisenhower High School, shopping, dining, parks, gyms, golf courses & Yakima Air Terminal, the property benefits from convenient access to major healthcare, education, employment, retail, & daily service demand drivers. The combined property features ~1.54 total acres, ~15,728 total building SqFt, 36 total parking spaces including covered parking & irrigated grounds. The duplex includes two spacious 2 bed, 1 bath units ~1k SqFt each, w/carport & driveway parking. Ownership has completed meaningful capital improvements & ongoing unit remodels, supporting tenant appeal, durability, & rental desirability. Certain expenses reflect non recurring capital work, creating upside when evaluating normalized operations. W/stable in place performance, scheduled rent above '25 income, a marketable unit mix, meaningful reinvestment, & a strong West Yakima location, the Eisenhower Complex represents a well maintained, strategically positioned investment opportunity.
Great investment opportunity with endless potential! Live in one unit and rent out the second for passive income or add this duplex to your investment portfolio. Conveniently located close to schools and transportation, this stucco duplex offers great flexibility and value. Unit 1: 2 bedrooms, 1 bathroom Unit 2: 3 bedrooms, 2 bathrooms. Don't miss this opportunity -- this property won't last long!
Turnkey fourplex in a high-demand rental area of Yakima with recent unit remodels already completed. This fully occupied property features three 1-bedroom, 1-bath units and one 2-bedroom, 1-bath unit, providing a strong unit mix for consistent rental demand. Updates over the past year include remodeled interiors, updated flooring, fresh paint, and improved bathrooms in multiple units, along with exterior and roofing improvements. Each unit is separately metered for power and has its own water heater. Current gross monthly income is $3,300, offering immediate cash flow with potential for future growth. All units are on public utilities and occupied, providing immediate income with room for future rent adjustments. Convenient location near freeway access, shopping, dining, local markets, and community amenities, including the nearby water park. A strong opportunity for investors seeking stable cash flow with added upside.
Outstanding Investment Opportunity - Newer Construction Duplex Built in 2024, this exceptional duplex presents a rare opportunity to own a turnkey income-producing property featuring modern design, durable finishes, and low-maintenance ownership. Thoughtfully built with long-term performance in mind, this property offers the ideal combination of quality construction and strong rental potential. Each unit offers a spacious 3-bedroom, 2-bathroom floor plan with 1,212 square feet, totaling 2,424 square feet of living space. Interior features include granite countertops, ceramic tile flooring throughout, and energy-efficient water heaters and HVAC systems, delivering both style and long-term durability. Additional amenities include fully insulated oversized single-car garages, along with private partially fenced backyards and patios, enhancing tenant comfort and overall rental appeal. The attic has been thoughtfully designed for future expansion, offering the potential to add an additional bonus room. Currently generating $4,400 per month, this property provides immediate cash flow while the benefit of newer construction helps reduce future maintenance costs. An outstanding opportunity for investors seeking stable income, quality construction, and long-term appreciation potential.
NEW ROOF INSTALLED! Investment opportunity! This tri-plex features three separate units: a 3BD/1BA, 2BD/1BA, and 1BD/1BA. New windows were installed in all units in early 2025. The 1BD unit received new paint, flooring, and updates in 2023. Great rental potential and a solid multi-family investment opportunity.
Solid investment property with low vacancy and low maintenance costs. All four units are remodeled and updated with hard floors (tile and vinyl plank), new bathrooms and updated kitchens. Roofs have been replaced, block siding and low maintenance landscaping. Below market rents with long term tenants.
Centrally located triplex available. Each unit has 2 bedroom, 1 bath and has 810 square feet. Long term tenants - rents are below market value - overall a stable property.
Centrally located triplex available. Each unit has 2 bedroom, 1 bath and has 810 square feet. Long term tenants - rents are below market value - overall a stable property.
Turnkey triplex opportunity in central Yakima featuring three 2 bed, 2 bath units. Proven long-term tenancy provides reliable cash flow with value-add potential.
Great income property, 4 apartments. close to all amenities, next to a bus stop, stores, School, Owner is retiring..
A welcoming 1950 four-plex offering dependable rental appeal, this single-story building sits on a 6,970 sq ft lot in a residential neighborhood served by the Yakima School District. Updated over time, with an effective year built of 1973, the property reflects good overall condition and features a durable metal roof, poured concrete foundation, and low-maintenance wood exterior. - 4-plex, single-level layout ideal for long-term tenant stability. - Sewer connected, with no leased items transferring. - No HOA or common-interest community restrictions. Positioned near Barge-Lincoln Elementary, Washington Middle School, and Davis High School, the property benefits from proximity to schools, services, and central Yakima amenities. The residential zoning supports long-term rental demand and offers flexibility for investors looking to expand or stabilize their portfolio.
Great investing opportunity! This property is just shy of 2 acres with 3 homes on it producing rental income. Unit B has new interior flooring. Close to everything!
Attention Investors!! This is a 4-plex. There's plenty of off-street parking spaces on the street side & the alley side. 2 spots per unit. All units are spacious 2 bed/1 bath. Roofs are all newer. Most units have been completely renovated and well taken care of, with low maintenance attractive tile flooring or LVP flooring and white base trim, amazing rental history - Almost always 100% occupied. Rents vary between $950 - $1100.
8 well maintained 2 bedroom, 1 bath units in two fourplexes. Residential or commercial financing. Newer roofs and paint, fenced yard (coded gate), tile floors and low maintenance landscaping make this a turn-key income property. Below market rents with upside.
Value add multifamily opportunity consisting of two triplexes on separate parcels with six total units, all 1 bed / 1 bath. The property is currently cash flowing, with a current cap rate of 6.5% with below-market rents, offering strong upside through rent increases and estimated stabilized cap rate of 7.4%. Features include separate electric meters, a communal laundry room, low-maintenance courtyard landscaping, and six dedicated parking stalls plus off-street parking. Professionally managed and suitable for an owner-occupant or investor seeking stable income with appreciation potential.
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Yakima is located in Washington. Yakima, Washington has a population of 96,266. Yakima is less family-centric than the surrounding county with 31.39% of the households containing married families with children. The county average for households married with children is 32.13%.
The median household income in Yakima, Washington is $50,673. The median household income for the surrounding county is $58,380 compared to the national median of $69,021. The median age of people living in Yakima is 33.6 years.
The average high temperature in July is 88.1 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 8.5 inches per year, with 18 inches of snow per year.
