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1020 S 20th Avenue, Yakima, WA 98902

Yakima
Local realty services provided by:CENTURY 21 Lund, Realtors
Listed by: steve fischer, tyler smith
Office: northmarq multifamily, llc.
MLS#:2527991
Source:NWMLS
1020 S 20th Avenue,Yakima, WA 98902
$2,295,000
  • - Beds
  • - Baths
  • 13,300 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,295,000
  • Price per sq. ft.:$172.56

About this home

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.

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Home facts

  • Year built:1971
  • Subdivision & Development:Yakima
  • Listing ID #:2527991
  • Updated:October 14, 2026 at 12:24 AM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:13,300 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Metal
  • Year built:1971
  • Building area:13,300 sq. ft.
  • Lot area:0.55 Acres
  • Lot Features:Corner, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,295,000
  • Price per sq. ft.:$172.56
  • Tax amount:$17,295 (2026)

Parking

  • Total parking spaces:32
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of October 14, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved. NWMLS Member Broker: Greg Lund

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