1020 S 20th Avenue, Yakima, WA 98902

Yakima
Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: steve fischer, tyler smith
Office: northmarq multifamily, llc.
MLS#:2527991
Source:NWMLS
1020 S 20th Avenue,Yakima, WA 98902
$2,500,000
  • - Beds
  • - Baths
  • 13,300 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$187.97

About this home

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.

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1971
  • Subdivision & Development:Yakima
  • Listing ID #:2527991
  • Updated:August 26, 2026 at 12:43 PM

Rooms and interior

  • Flooring:Carpet, Laminate
  • Living area:13,300 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Roof:Metal
  • Year built:1971
  • Building area:13,300 sq. ft.
  • Lot area:0.55 Acres
  • Lot Features:Corner, Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$187.97
  • Tax amount:$17,295 (2026)

Parking

  • Total parking spaces:32
MLS LogoListings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 26, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

New listings near 1020 S 20th Avenue