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Listed price in listed location currency (USD).
$2,500,000

000

MLS® 26-1345

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes $17,735
Days Active 6
Approx. Age 1971
MLS® Number 26-1345

Property Address: 1020 S 20th Ave, Yakima, WA, 98902

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number26-1345
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1971
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 11, 2026List Date
$2,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
1020 S 20Th Ave, Yakima, WA

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