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925 E 18th Avenue Ellensburg, WA $ 5,200,000
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925 E 18th Avenue
$ 5,200,000
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925 E 18th Avenue

Ellensburg, WA, 98926
$ 5,200,000
Baths0.0 Sq 31,200

Monthly Estimate*

$ 32,017

Listed by Kidder Mathews
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Studio

Multi-Family Home for sale in Ellensburg, WA

for $5,200,000. This 31,200 square foot home was built in 1966 on a lot size of 2.25.

41-unit investment opportunity for an apartment buyer looking to plant a flag in Eastern Washington or expand their portfolio. Located across the street from Central Washington University, buyers will benefit from strong in-place rents and fully maximize their returns with renovations. Please see marketing materials. Tours will be on 2/19 & 2/25. Please reach out to Listing Broker to schedule tours.

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Multi-Family Active

Price

$ 5,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 33,853

Style

10+ Units

Lot Size

2.25

Year Built

1966

Town/City

Ellensburg

County/Region

Kittitas

MLS | Web ID

2478595
Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing
Roof Flat See Remarks
HOA Fee 0
Garage Spaces 0
Year Built 1966
View Mountain(s) Territorial
Property Subtype Multi Family
Tax Year 2025
County Kittitas
Net Operating Income 305246
Insurance Expense 53000
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Airport Road
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions 925 E 18TH AVE ELLENSBURG WA
City Ellensburg
Senior Community Y/N N
High School District Ellensburg
Zoning Description Commercial
Number Of Units Total 3
MLS Area 948 - Upper Kittitas County
Lot Size Units Square Feet
Lot Size Square Feet 98010
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Tax Annual Amount 33853
Electric Expense 9431
Fuel Expense 9431
Property Condition Good
Public Remarks 41-unit investment opportunity for an apartment buyer looking to plant a flag in Eastern Washington or expand their portfolio. Located across the street from Central Washington University buyers will
Leasable Area 31200
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Ellensburg
Units Below Grade false
Units In Building Total 41
Water Sewer Garbage 9431
Property Style 56 - 10+ Units
Cap Rate 5.9
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Exterior
Exterior Amenities Wood
Lot Features Paved Sidewalk
Water Source Public
Foundation Details Poured Concrete
Building Area Total 31200
Lot Dimensions 98010
Lot Size Acres 2.25
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Deck Patio Sprinkler System
Parking Uncovered Total 92
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Bedrooms Possible 62
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2478595
Street Number 1 925
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* Excluded Features
List By
Max Frame

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$34,838
Per Month
92%
8%
0%
Monthly Principal & Interest
$32,017
Monthly Property Taxes
$2,821
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256722 Elementary School
258015 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/10/2026$5,200,000 Listed Price

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925 E 18th Avenue, Ellensburg, WA, 98926 is a Multi-Family Home for sale at $5,200,000 with 31,200 sqft and a lot size of 2.25. 925 E 18th Avenue is a studio with 0.0 baths and was built in 1966. The property's zip code is 98926 which is in Ellensburg, WA

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