$2,990,000
Reduced $209,000 — was $3,199,000
1011 1013, 1015 S 48th Avenue
Yakima, WA 98908
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
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
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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Request a private tour or ask a question — a local agent will respond personally.