1011 1013, 1015 S 48th Avenue, Yakima, WA 98908
Local realty services provided by:Imagine Realty ERA Powered
Listed by: israel jimenez
Office: re/max premier group
MLS#:2521913
Source:NWMLS
1011 1013, 1015 S 48th Avenue,Yakima, WA 98908
$2,990,000
- - Beds
- - Baths
- 15,728 sq. ft.
- Multi-family
- Active
Price summary
- Price:$2,990,000
- Price per sq. ft.:$190.11
About this home
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....
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Home facts
- Year built:1996
- Subdivision & Development:Yakima
- Listing ID #:2521913
- Updated:October 01, 2026 at 12:04 PM
Rooms and interior
- Flooring:Carpet, Vinyl Floor, Vinyl Plank
- Living area:15,728 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1996
- Building area:15,728 sq. ft.
- Lot area:1.54 Acres
- Construction Materials:Wood Exterior Finish
- Exterior Features:Patio, Sprinkler System
Schools
- High school:Eisenhower High
- Elementary school:Mcclure Elem
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,990,000
- Price per sq. ft.:$190.11
- Tax amount:$18,296 (2025)
Parking
- Total parking spaces:36
- Carport spaces:13
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