About this home

Yakima 23 Unit offers investors the opportunity to acquire a well-maintained, 23-unit multifamily community located at 1403–1407 S 18th Ave in Yakima. The property consists of eight residential buildings on approximately 62,726 SF with a mix of apartments, duplexes, and townhomes. The unit mix includes 12 two-bedroom/one-bath units, three two-bedroom/one-bath units with in-unit laundry, and eight two-bedroom/1.5-bath townhomes. The property features 38 parking spaces, including 14 covered, shared and in-unit laundry, updated double-pane windows, and individually metered electricity. Four duplex roofs were replaced in 2025 and the triplex roof in 2021. Current rents are within approximately 3% of market, providing additional upside through interior and exterior improvements. Centrally located near schools, major employers, shopping, parks, Yakima Valley College, Perry Technical Institute, and Yakima Memorial Hospital. Offered at $3,100,000.

Exterior features

Wood

Property details

Heating: Baseboard
Cooling: None
Flooring: Vinyl Plank
View: City
Sewer: Sewer Connected

Costs

Annual taxes: $19,722 (2026)

Estimate your monthly payment

$17,319/mo

Principal & interest: $15,675
Property taxes: $1,644

Down payment (20%) $620,000 Interest rate (%) Loan term (years)

Loan amount $2,480,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Yakima, WA 98902

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Kidder Mathews— Max Frame.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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