1020 S 20th, Yakima, WA 98902

Yakima
Local realty services provided by:ERA Skyview Realty
1020 S 20th,Yakima, WA 98902
$2,500,000
  • - Beds
  • - Baths
  • 13,300 sq. ft.
  • Multi-family
  • Pending
Listed by: bill almon, jr
Office: almon commercial-residential real estate
MLS#:26-1345
Source:WA_YAR

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$187.97

About this home

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.

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Home facts

  • Year built:1971
  • Listing ID #:26-1345
  • Added:142 day(s) ago
  • Updated:September 30, 2026 at 08:23 AM

Rooms and interior

  • Living area:13,300 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1971
  • Building area:13,300 sq. ft.

Utilities

  • Sewer:Connected

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$187.97
  • Tax amount:$17,735

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