41-unit investment opportunity for an apartment buyer looking to plant a flag in Eastern Washington or expand their portfolio. Located across the street from Central Washington University, buyers will benefit from strong in-place rents and fully maximize their returns with renovations. Please see marketing materials. Tours will be on 2/19 & 2/25. Please reach out to Listing Broker to schedule tours.
Sold
Listed by: Kidder Mathews • Max Frame
Bought with: ZNonMember-Office-MLS
$4,500,000
925 E 18th Avenue, Ellensburg, WA 98926
5beds
3baths
31,200sqft
Multi Family
Built in 1966
-- sqft lot
$4,492,000 Zestimate®
$144/sqft
$2,015 Estimated rent
Home value
$4,492,000
$4.22M - $4.76M
$2,015/mo
Zestimate® history
Owner options
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$26,638/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Max Frame,
Kidder Mathews
Bought with:
Unrepresentd ZDefault
ZNonMember-Office-MLS
Source: NWMLS as distributed by MLS GRID,MLS#: 2478595
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Baseboard, Electric
Cooling
- Wall Unit(s)
Features
- Flooring: Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 31,200
- Total interior livable area: 31,200 sqft
Property
Parking
- Total spaces: 92
- Uncovered spaces: 92
Features
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 2.25 Acres
- Dimensions: 98010
- Features: Paved, Sidewalk, Deck, Patio, Sprinkler System
Details
- Parcel number: 184034
- Zoning description: Commercial,Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: 10+ Units
- Property subtype: Multi Family
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Flat,See Remarks
Condition
- Good
- Year built: 1966
- Major remodel year: 1966
Utilities & green energy
- Electric: Company: City of Ellensburg
- Sewer: Sewer Connected, Company: City of Ellensburg
- Water: Public, Company: City of Ellensburg
Community & HOA
Community
- Subdivision: Airport Road
Location
- Region: Ellensburg
Financial & listing details
- Price per square foot: $144/sqft
- Tax assessed value: $3,578,480
- Annual tax amount: $33,853
- Date on market: 3/4/2026
- Cumulative days on market: 147 days
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/20/2026 | Sold | $4,500,000-13.5%$144/sqft |
Source:  NWMLS as distributed by MLS GRID #2478595 Report a problem | ||
| 7/6/2026 | Pending sale | $5,200,000$167/sqft |
Source: NWMLS as distributed by MLS GRID #2478595 Report a problem | ||
| 2/10/2026 | Listed for sale | $5,200,000$167/sqft |
Source: NWMLS as distributed by MLS GRID #2478595 Report a problem | ||
| 1/3/2020 | Listing removed | $1,061 |
Source: Zillow Rental Manager Report a problem | ||
| 12/2/2019 | Listed for rent | $1,061 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $33,849 -11.6% | $3,578,480 -12.8% |
| 2023 | $38,286 -3.7% | $4,102,480 +5.6% |
| 2022 | $39,753 +8.4% | $3,885,840 +29.5% |
| 2021 | $36,687 +6.5% | $3,000,480 +49.9% |
| 2019 | $34,457 +50% | $2,001,880 +10% |
| 2018 | $22,971 | $1,819,630 +10.7% |
| 2017 | $22,971 | $1,643,670 |
| 2016 | $22,971 | $1,643,670 |
| 2015 | $22,971 +4% | $1,643,670 |
| 2013 | $22,090 | $1,643,670 |
Find assessor info on the county website
Neighborhood: 98926
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Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 1.1 mi
- 4/10Morgan Middle SchoolGrades: 6-8Distance: 1.4 mi
- 7/10Ellensburg High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$4,492,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,492,000
- Washington
- Kittitas County
- Ellensburg
- 98926
- 925 E 18th Avenue
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