Active

Listed by: Northmarq Multifamily, LLC • Steven Fischer

$2,500,000

1020 S 20th Avenue, Yakima, WA 98902

20beds

20baths

13,300sqft

Get pre-qualified

Multi Family

Built in 1971

-- sqft lot

$-- Zestimate^®

$188/sqft

$-- HOA

What's special

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.

57 days

173

7

Loading...

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: 5/21/2026
Cumulative days on market: 58 days
Listing terms: Conventional

Estimated market value

Not available

Estimated sales range

Not available

$1,121/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

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified