1011 1013, 1015 S 48th Avenue
Yakima, WA, 98908 $ 3,199,000
Bedrooms-- Baths-- Monthly Estimate*
$ 19,697
Listed by RE/MAX Premier Group
for $3,199,000. This building was built in 1996 on a lot size of 1.5372.
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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FeaturesGeneralLiving Area 0
Sewer Sewer Connected
Heating Wall Furnace
Cooling See Remarks
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1996
Topography Level
Property Subtype Commercial Industrial
Tax Year 2025
County Yakima
Net Operating Income 146742
Insurance Expense 10414
Property Type Commercial Sale
HOA N
Subdivision Name Yakima
Possible Use Commercial
Building Features Storage
Special Listing Conditions None
Status Active
Directions From Nob Hill Blvd Go North on 48th Ave after third building take a right onto a private drive to the apartments.
City Yakima
Senior Community Y/N N
Zoning Description Commercial
MLS Area 475 - Yakima County
Lot Size Units Square Feet
Lot Size Square Feet 66961
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 18296.48
Electric Expense 1183.81
Public Remarks The Eisenhower Complex is a stabilized 18 unit multifamily investment located in one of West Yakimas most established rental corridors. The offering includes a 16 unit apartment property plus a duple
Structure Type Unspecified
Building Area Units Square Feet
Standard Status Active
Water Company Nob Hill Water Association
Total Actual Rent 17995
Water Sewer Garbage 13382.69
Property Style 61 - Comm Bldg Ovr 10K
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ExteriorExterior Amenities Wood
Water Source Public
Total Parking 36
Foundation Details Poured Concrete
Building Area Total 0
Lot Size Acres 1.5372
Covered Spaces 13
Irrigation Water Rights Y/N N
Parking Uncovered Total 23
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InteriorFlooring Vinyl Vinyl Plank Carpet
Total Fireplaces 0
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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 OnlyOriginalMLSID NWM2521917
Street Number 1 1011
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* Excluded FeaturesList ByIsrael JimenezListing Agent
Re/Max Premier GroupBroker
Affordability Calculator
- Monthly Principal & Interest
- $19,697
- Monthly Property Taxes
- $1,525
- 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.
Learn more about how to save NearbyCommerical listings in Yakima, WA
Average List Price $1,150,488
Percent of Sale Price 64%
About Yakima, WA 96,165 Population
14% Since 2002
$ 41,497 Median Income
35.12 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
258624 Elementary School
258775 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/12/2026 | $3,199,000 | | Listed Price |