Listing provided courtesy of Northmarq Multifamily, LLCNWMLSas Distributed by MLSGrid- MLS# NWM2527991
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Request Info1020 S 20th AvenueYakima, WA 98902
Multi-Family · 20 Beds · 13,300 Sq. ft. | 0.55 Acres$2,500,000
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1020 S 20th Avenue Overview
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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.
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1020 S 20th Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 13,300
- Price/Sq.ft. $188
- Lot 0.55 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Yakima
Income/Expenses
- Other Expense: 36485
- Electric Expense: 0
- Fuel Expense: 0
- Gross Scheduled Income: 248443
- Insurance Expense: 9012
- Net Operating Income: 157244
- Total Expenses: 79733
- Total Monthly Income: 20704
- Water/Sewer/Garbage: 16941
Building Information
- New Construction: No
- Year Built: 1971
Location/Region
- Country: US
- County Or Parish: Yakima
- MLS Area Major: 475 - Yakima County
- Subdivision Name: Yakima
Community/Development
- Amenities: Coin Op Laundry
Tax Information
- Tax Annual Amount: $17,295.00
- Tax Year: 2026
General Information
- Listing Terms: Cash, Conventional
- Parcel Number: 18132613429
- Possible Use: Multi-Family
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 13300
- Building Area Units: Square Feet
- Calculated Square Footage: 13300
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Laminate, Carpet
- Foundation Details: Slab
- Heating: Yes
- Leasable Area: 13300
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 2
Exterior
Parking Information
- Open Parking: No
- Parking Total: 32
- Parking Uncovered Total: 32
Lot Information
- Irrigation Water Rights: No
- Lot Features: Corner Lot, Paved, Sidewalk
- Lot Size Acres: 0.5548
- Lot Size Square Feet: 24167
- Lot Size Units: Square Feet
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- View: No
- Waterfront: No
Building Exterior/Construction
- Roof: Metal
- Structure Type: Multi Family
General Information
- Carport Spaces: 0
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood
- Number Of Units Total: 20
- Sewer: Sewer Connected
Unit Information
Unit 6 Details
- Actual Rent: 895
- Beds Total: 1
- Baths Total: 1
Unit 16 Details
- Actual Rent: 895
- Beds Total: 1
- Baths Total: 1
Unit 17 Details
- Actual Rent: 895
- Beds Total: 1
- Baths Total: 1
Unit 10 Details
- Actual Rent: 895
- Beds Total: 1
- Baths Total: 1
Unit 5 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 18 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 19 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 12 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 8 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 1 Details
- Actual Rent: 950
- Beds Total: 1
- Baths Total: 1
Unit 3 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 4 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 13 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 14 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 20 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 11 Details
- Actual Rent: 975
- Beds Total: 1
- Baths Total: 1
Unit 15 Details
- Actual Rent: 995
- Beds Total: 1
- Baths Total: 1
Unit 2 Details
- Actual Rent: 995
- Beds Total: 1
- Baths Total: 1
Unit 9 Details
- Actual Rent: 995
- Beds Total: 1
- Baths Total: 1
Unit 7 Details
- Actual Rent: 995
- Beds Total: 1
- Baths Total: 1
1020 S 20th Avenue Neighborhood
Community
98902 (YAKIMA) Demographics
33
Median Age
5,115
Population Density (per sq. mile)
25%
College Educated
$47,283
Estimated Median Income
8,586
Estimated Total Home Owners
7,898
Estimated Total Renters
52% / 48%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1020 S 20th Avenue Monthly Cost
1020 S 20th Avenue Market Data
Based on the last 30 days in this zip code
$453,762
Average List Price
$199
Average Price per Square Foot
5
Properties Sold
129
Average Days on Market
20
Properties for Sale
1020 S 20th Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/21/2026Source: NWMLS | May 21, 2026 |