1011 1013, 1015 S 48th Ave

Yakima, WA 98908
  • $3,199,000

    Price
  • 35

    Bed
  • 18

    Bath
  • 15,465

    SqFt

About the Listing 6447 - 126286

The Eisenhower Complex is a stabilized 18 unit multifamily investment located in one of West Yakima’s most established rental corridors. The offering includes a 16 unit apartment property plus a duplex, creating a two bed dominant unit mix with broad renter appeal. The property is currently 100% occupied, w/current scheduled rent exceeding '25 reported rental income and additional income generated from coin op laundry. Positioned near MultiCare Yakima Memorial Hospital, Yakima Valley College, Wilson & West Valley Middle School, Eisenhower High School, shopping, dining, parks, gyms, golf courses & Yakima Air Terminal, the property benefits from convenient access to major healthcare, education, employment, retail, & daily service demand drivers. The combined property features ~1.54 total acres, ~15,728 total building SqFt, 36 total parking spaces including covered parking & irrigated grounds. The duplex includes two spacious 2 bed, 1 bath units ~1k SqFt each, w/carport & driveway parking. Ownership has completed meaningful capital improvements & ongoing unit remodels, supporting tenant appeal, durability, & rental desirability. Certain expenses reflect non recurring capital work, creating upside when evaluating normalized operations. W/stable in place performance, scheduled rent above '25 income, a marketable unit mix, meaningful reinvestment, & a strong West Yakima location, the Eisenhower Complex represents a well maintained, strategically positioned investment opportunity.

Listing Highlights

Status Active
Days on Site 14
Property Type Multi-Family
MLS ® 2521913
Year Built 1996
Total Square Footage 15,465
Lot/Acreage 1.54
County Yakima
Neighborhood Yakima
School District Yakima
Elementary School Mcclure Elementary
High School Eisenhower High

Interior Details

  • Bedrooms: 35
  • Bathrooms: 18 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces: 0
  • Floor: Vinyl,Vinyl Plank,Carpet
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Nob Hill Water Association

Exterior Details

  • Lot Description: Outbuildings,Patio,Sprinkler System,Zoning: Commercial
  • Garage Capacity: N/A
  • Parking Spaces: 36
  • Zoning: Commercial
  • Roof: Composition
  • Others: Wood
  • Sewer: City of Yakima

Financial Details

  • Tax Amount: $18,296
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 18132723403
  • Tax Year: 2025

Payment Calculator

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Questions About..

1011 1013, 1015 S 48th Ave Yakima, WA 98908

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Originating MLS: nwmls

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