1020 S 20th Avenue Yakima, WA $ 2,500,000
1020 S 20th Avenue
$ 2,500,000
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1020 S 20th Avenue

Yakima, WA, 98902
$ 2,500,000
Baths0.0 Sq 13,300

Monthly Estimate*

$ 15,393

Listed by Northmarq Multifamily, LLC
1020 S 20th Avenue, Yakima, WA 98902 - Image 1
1020 S 20th Avenue, Yakima, WA 98902 - Image 2
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1020 S 20th Avenue, Yakima, WA 98902 - Image 4
1020 S 20th Avenue, Yakima, WA 98902 - Image 5
1020 S 20th Avenue, Yakima, WA 98902 - Image 6
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1020 S 20th Avenue, Yakima, WA 98902 - Image 8
1020 S 20th Avenue, Yakima, WA 98902 - Image 9
1020 S 20th Avenue, Yakima, WA 98902 - Image 10
Studio

Multi-Family Home for sale in Yakima, WA

for $2,500,000. This 13,300 square foot home was built in 1971 on a lot size of 0.5548.

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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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 17,295

Style

10+ Units

Lot Size

0.5548

Year Built

1971

Town/City

Yakima

County/Region

Yakima

MLS | Web ID

2527991

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing
Roof Metal
HOA Fee 0
Garage Spaces 0
Year Built 1971
Property Subtype Multi Family
Tax Year 2026
County Yakima
Net Operating Income 157244
Insurance Expense 9012
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Yakima
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions From I-82 take Exit 33 toward Yakima Ave. Head west on Yakima Ave for approximately 1.5 miles to S 20th Ave. Turn south on S 20th Ave; property on right at 1020 S 20th Ave.
City Yakima
Senior Community Y/N N
High School District Yakima
Zoning Description Multi-Family
Number Of Units Total 20
MLS Area 475 - Yakima County
Lot Size Units Square Feet
Lot Size Square Feet 24167
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional
Tax Annual Amount 17295
Electric Expense 0
Fuel Expense 0
Public Remarks 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 av
Leasable Area 13300
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City Of Yakima
Units Below Grade false
Units In Building Total 20
Water Sewer Garbage 16941
Property Style 56 - 10+ Units
Cap Rate 6.29
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Exterior
Exterior Amenities Wood
Lot Features Corner Lot Paved Sidewalk
Water Source Public
Total Parking 32
Foundation Details Slab
Building Area Total 13300
Lot Size Acres 0.5548
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 32
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
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 Only
OriginalMLSID NWM2527991
Street Number 1 1020
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* Excluded Features
List By
Steve Fischer

Listing Agent

Northmarq Multifamily, Llc

Broker

Affordability Calculator

$16,834
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$1,441
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
256856 Elementary School
257510 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$2,500,000 Listed Price

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1020 S 20th Avenue, Yakima, WA, 98902 is a Multi-Family Home for sale at $2,500,000 with 13,300 sqft and a lot size of 0.5548. 1020 S 20th Avenue is a studio with 0.0 baths and was built in 1971. The property's zip code is 98902 which is in Yakima, WA