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Listed by: Steve Fischer (425) 830-2254 , Tyler Smith (206) 612-2475 | Northmarq Multifamily, LLC (952) 356-0100
$2,500,000
Monthly Est:$12,443
20 Beds
20 Baths
13,300sqft
1020 S 20th Avenue, Yakima, WA 98902
$2,500,000
$12,443/moEst:
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Multi Family
Built in 1971
$-- HOA
24,167 sqft lot
$188/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 5:57 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2527991
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1971
HOA Fees
-
Finished Area
13,300 sqft
Lot Size
24,167 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2527991
MLS Status
Pending
Days on Market
134
Cumulative Days on Market
132
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 20
Interior
Flooring
Laminate, Carpet
Exterior Features
Wood
Sewer
Sewer Connected
Heating
Baseboard
Cooling
Wall Unit(s)
Construction
Year Built
Year Built: 1971
Home type
Multi Family
Roof
Metal
Foundation Details
Slab
Construction Materials
Wood
Utilities & Energy
Water Source
Public
Other Features
Lot Features
Corner Lot, Paved, Sidewalk
Subdivision Name
Yakima
Price History
| Date | Event | Price |
|---|---|---|
09/22/2026 Source: | Pending | $2,500,000 $188/sqft |
05/21/2026 Source: | Listed for Sale | $2,500,000 $188/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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