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.
Active
Listed by: Northmarq Multifamily, LLC • Steven Fischer
$2,500,000
1020 S 20th Avenue, Yakima, WA 98902
20beds
20baths
13,300sqft
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$188/sqft
$-- HOA
What's special
- 103 days
- 180
- 7
Zillow last checked:
Listing updated:
Listed by:
Steven Fischer,
Northmarq Multifamily, LLC,
Tyler Smith,
Northmarq Multifamily, LLC
Source: NWMLS as distributed by MLS GRID,MLS#: 2527991
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 20
- Bathrooms: 20
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Features
- Flooring: Laminate, Carpet
- Has fireplace: No
Interior area
- Total structure area: 13,300
- Total interior livable area: 13,300 sqft
Property
Parking
- Total spaces: 32
- Uncovered spaces: 32
Lot
- Size: 0.55 Acres
- Features: Corner Lot, Paved, Sidewalk
Details
- Parcel number: 18132613429
- Zoning description: Multi-Family,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1971
- Major remodel year: 1971
Utilities & green energy
- Electric: Company: Pacific Power
- Sewer: Sewer Connected, Company: City of Yakima
- Water: Public, Company: City Of Yakima
Community & HOA
Community
- Subdivision: Yakima
Location
- Region: Yakima
Financial & listing details
- Price per square foot: $188/sqft
- Tax assessed value: $1,986,000
- Annual tax amount: $17,295
- Date on market: 5/20/2026
- Cumulative days on market: 104 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,138/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/21/2026 | Listed for sale | $2,500,000+38.9%$188/sqft |
Source:  NWMLS as distributed by MLS GRID #2527991 Report a problem | ||
| 8/31/2022 | Sold | $1,800,000+163.7%$135/sqft |
Source: Public Record Report a problem | ||
| 1/17/2018 | Listing removed | $680 |
Source: Alliance Property Management, LLC Report a problem | ||
| 1/12/2018 | Listed for rent | $680+8.8% |
Source: Alliance Property Management, LLC Report a problem | ||
| 11/3/2015 | Listing removed | $625 |
Source: Alliance Property Management, LLC Report a problem | ||
| 10/19/2015 | Listed for rent | $625 |
Source: Alliance Property Management, LLC Report a problem | ||
| 1/13/2005 | Sold | $682,719+23%$51/sqft |
Source: Public Record Report a problem | ||
| 8/27/2002 | Sold | $555,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $17,735 +0.6% | $1,894,900 +11.9% |
| 2024 | $17,633 +20.1% | $1,693,700 +48.5% |
| 2023 | $14,678 +34.4% | $1,140,700 +9.4% |
| 2022 | $10,921 -5.2% | $1,042,800 +38.1% |
| 2021 | $11,524 +48.6% | $754,900 +5% |
| 2019 | $7,753 -11.4% | $719,100 +6.6% |
| 2018 | $8,755 +17.1% | $674,600 +0.9% |
| 2017 | $7,477 | $668,600 -1.2% |
| 2016 | $7,477 | $677,000 |
| 2015 | $7,477 | $677,000 |
| 2014 | $7,477 | $677,000 |
| 2013 | $7,477 | $677,000 -2.4% |
| 2011 | -- | $693,850 |
| 2010 | $8,441 | $693,850 |
Find assessor info on the county website
Monthly payment
Est. payment
