1020 S 20th Ave
Yakima WA 98902
1020 S 20th Ave
1020 S 20th Ave Yakima WA 98902
Listing #: 712701 | Status: Available | Last Modified: 5/12/2026 |
For Sale
- Phone:(206) 612-2475
- Email:tsmith@northmarq.com
- Office Name:Northmarq Multifamily LLC
- Office Phone:(425) 454-8699
- Office Website:
- Agent Phone:(425) 830-2254
- Agent Email:sfischer@northmarq.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,500,000.0
- $/SF$ 191.6
- $/Unit$ 2,500,000.0
- Listing StatusAvailable
- Days on Market60
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.29 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors2
- # of Units20
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF13048
- Net Rentable Area0
- Total Office SF
- Largest Contiguous SF
- Lot SF23958
- Acres0.55
- Property TypeMulti-Family
- Office Type
- Building ClassC
- CountyYakima
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaYakima County
- Tax ID #18132613429
- Additional Parcels
- ZoningR-3
- Year Built1971
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
20th Avenue Apartments
We are pleased to present 20th Avenue Apartments, a 20-unit multifamily apartment community located in Yakima, Washington. Built in 1971, the property spans approximately 13,300 net rentable square feet and consists entirely of one-bedroom residences, averaging 665 SF per unit. The community is currently 100% occupied and includes 32 surface parking spaces, supporting strong tenant convenience and stable leasing performance. The property is being offered at $2.5 million, representing a 6.29% capitalization rate based on $157,244 in net operating income. It provides immediate in-place cash flow, with additional upside potential as current rents are approximately 3.97% below market, allowing for future income growth through strategic rent adjustments. Yakima, Washington serves as one of

























