1409 W Yakima Avenue, Yakima, WA 98902
- $525,000
- 3,570
- SqFt
Listing courtesy of Windermere Real Estate Midtown.
- List Price
- $525,000
- Status
- ACTIVE
- MLS#
- 2553675
- Days on Market
- 9
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 3,570
- Area Total SqFt
- 3570
- Annual Tax Ammount
- 3414
- Lot Size (sq ft)
- 9,600
- Sewer
- Sewer Connected
Property Description
Exceptional investment opportunity featuring a beautifully maintained brick triplex offering approximately 3,570 square feet of living space on a spacious 9,600-sq' lot. Pride of ownership is evident throughout this well-cared-for property, making it an attractive option for investors seeking a turnkey income-producing asset with long-term upside. The property features three spacious units totaling five bedrooms and three bathrooms. Two upper-level units each offer two bedrooms and one bathroom, while the lower-level unit features one bedroom and one bathroom. Each unit includes its own washer and dryer, dedicated one-car garage, and private storage area within the detached three-car garage—amenities that tenants appreciate and that help support long-term occupancy. Recent improvements include roofs on both the home and the detached garage, providing peace of mind and reducing future capital expenses. The fully fenced yard offers additional outdoor space, while the property's exceptional maintenance sets it apart from many comparable multifamily properties. Hardwood floors lie beneath the carpet in both upper-level units, offering future enhancement potential. Ideally located in central Yakima with convenient access to shopping, schools, parks, medical facilities, and major transportation routes. Rarely does a multifamily property of this caliber, condition, and pride of ownership become available. A true turnkey investment with exceptional long-term potential.
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Additional Information
- List Date
- 2026-07-21 03:47:27
- Community
- Yakima
- Net Operating Income
- $11,595
- Gross Adjusted Income
- $22,200
- Gross Scheduled Income
- $30,000
- Total Monthly Income
- $1,850
- Insurance Expenses
- $3,111
- Water/Sewer/Garbage Expenses
- $4,080
- Gross Rent Multiplier
- 17.5
- Total Expenses
- $10,605
- Cap Rate
- 2.21
- Total Number of Units
- 3
- Unit Name
- 1409
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1935
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, Gated Entry
- Energy Source
- Electric, Natural Gas
- School District
- Yakima
- Elementary School
- Roosevelt Elementary
- Middle School
- Franklin Mid
- High School
- Davis High
- Total Monthly Income
- $1,850
- Gross Scheduled Income
- $30,000
- Gross Adjusted Income
- $22,200
- Tax Year
- 2026
- Insurance Expense
- $3,111
- W/S/G Expenses
- $4,080
- Total Expenses
- $10,605
- Net Operating Income
- $11,595
- Gross Rent Multiplier
- 17.5
- Cap Rate
- 2.21
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.