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Off market
  • Zillow Home logoZestimate®
    $1,118,500

    702 S 48th Ave, Yakima, WA 98908

    2beds
    4baths
    5,357sqft
    Multi Family
    Built in 2023
    -- sqft lot
    $1,118,500 Zestimate®
    $209/sqft
    $1,818 Estimated rent

    Home value

    $1,118,500

    $973,000 - $1.29M

    $1,818/mo

    Zestimate® history
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    $7,351/mo

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    What's special

    Bonnie Lane Apartments. Turnkey investment offering- rare find- zoned R3 -2 structures. Main house with studio apartment currently rented. Apartment complex - 4 units upstairs units built in 2023, all are rented. Good Investment return- with additional potential income are excellent. see informational flier located in listing public documents. The 4,320 sq.ft apartment complex building in past years was utilized for a business. In 2023, conversion was completed building out 4 apartment units upstairs. Certificate of occupancy issued 2023. All the units are currently occupied with established tenants. The units include two 1 bed/1ba units, and two studio units. All the units have high quality vinyl flooring installed and are fully furnished with appliances. The complex has an impressive Wi-Fi Router system that covers entire property. The building's safety and security features include a $50k fire sprinkler system and 10 audio/video security cameras. A solar power system was installed in 2023 that produces up to 6,000 watts at peak power making May's electric bill only $185 for the entire property. From the lobby on the main floor, you'll find an office and laundry room for tenant use. Bike racks are in place for tenants to store their bikes. Parking is an ease with a newly paved parking lot. With the garages included there are 11 parking spots available. You must come see this property to appreciate all it has to offer.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Candy Lea Stump 509-307-6827,

    Keller Williams Yakima Valley

    Bought with:

    John L Scott Yakima

    Source: Yakima,MLS#: 23-1278MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    Heating
    • Forced Air, Gas, See Remarks
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 5,357
    • Total interior livable area: 5,357 sqft

    Property

    Parking
    • Total spaces: 11
    • Parking features: Open
    • Uncovered spaces: 11
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Hallway(s), Agent Remarks
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 18132811006
    • Zoning description: B2 - Local Business

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 2023

    Utilities & green energy

    • Water: Public
    • Utilities for property: Sewer Connected

    Community & HOA

    Location
    • Region: Yakima

    Financial & listing details

    • Price per square foot: $209/sqft
    • Annual tax amount: $6,230
    • Date on market: 6/16/2023
    • Listing terms: Commercial

    Price history

    DateEventPrice
    10/19/2023Sold$1,150,000-8%$215/sqft
    Source: Yakima #23-1278 Report a problem
    9/2/2023Pending sale$1,250,000$233/sqft
    Source: Yakima #23-1278 Report a problem
    7/21/2023Price change$1,250,000-10.7%$233/sqft
    Source: Yakima #23-1278 Report a problem
    6/16/2023Listed for sale$1,399,950+264.6%$261/sqft
    Source: Yakima #23-1278 Report a problem
    9/4/2019Sold$384,000$72/sqft
    Source: Yakima #19-1488 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 98908

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,118,500
    2% more
    +$22,370
    With Zillow Showcase(estimated)
    $1,140,870
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $1,118,500
    2% more
    +$22,370
    With Zillow Showcase(estimated)
    $1,140,870