1020 S 20th AVE, Yakima, WA 98902
1020 S 20th AVE, Yakima, WA 98902
1020 S 20th AVE, Yakima, WA 98902
1020 S 20th AVE, Yakima, WA 98902
1020 S 20th AVE, Yakima, WA 98902
1020 S 20th AVE, Yakima, WA 98902
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Jim Ecklund

Jim Ecklund

+1(406) 315-1186
Listed by:Northmarq Multifamily, LLC • Steve Fischer
$ 2,500,000
Est. payment | /mo

20 Beds

20 Baths

13,300 SqFt

Save
$ 2,500,000
Est. payment | /mo
Save

20 Beds

20 Baths

13,300 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 13,300 sqft

Price per Sqft $187

Subdivision Yakima

MLS Listing ID 2527991

Style 56 - 10+ Units

Bedrooms 20

Year Built 1971

Annual Tax Amount $17,295

Lot Size 0.555 Acres

Property Sub-Type Multi Family

Property 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.

Location

State WA

County Yakima

Area 475 - Yakima County

Interior

Flooring Laminate, Carpet

Fireplace false

Exterior

Exterior Feature Wood

View Y/N No

Roof Type Metal

Building

Lot Description Corner Lot, Paved, Sidewalk

Sewer Sewer Connected

Water Public

New Construction No

Schools

School District Yakima

Others

Senior Community No

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Northwest MLS (NWMLS)
"Three Trees" icon indicates a listing provided courtesy of NWMLS.
Jim Ecklund

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(406) 315-1186

jim@ecklundproperties.com

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1020 S 20th AVE