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$2,990,000

Reduced $209,000 — was $3,199,000

1011 1013, 1015 S 48th Avenue

Yakima, WA 98908

Active

Beds

Baths

Sq Ft

Lot

1.54 ac

Year built

1996

Type

Commercial Sale

Days listed

127

MLS #

2521917

About this home

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.

Exterior features

Wood

Property details

Heating
Wall Furnace
Cooling
See Remarks
Flooring
Vinyl, Vinyl Plank, Carpet
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$18,296 (2025)

Estimate your monthly payment

$16,644/mo

Principal & interest
$15,119
Property taxes
$1,525
Loan amount $2,392,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Yakima, WA 98908

Approximate location. Contact us to confirm the exact address.

Listing courtesy of RE/MAX Premier Group— Israel Jimenez.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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