For Sale
$385,000

309 D StYakima, WA 98902

Six-unit apartment building, strong cash flow

Overview

Added:
Dec 11, 2024
Days on market:
112
This Yakima, WA multifamily investment presents a compelling value-add opportunity. Priced at $385,000, this property boasts six units (one bedroom/one bathroom each) across two one-story buildings on a 0.22-acre lot. Four units (2,416 sq ft) face 4th Ave, while two detached units (938 sq ft) face D St. The property features 100% occupancy and offers six parking spaces (one per unit). Built in 1976, the 3,354 sq ft complex is zoned RS: Commercial and enjoys a prime location near shopping, dining, trails, and public transportation. The asking price of $385,000 translates to $114.79 per square foot and $64,167 per unit. This is a "For Sale By Owner" offering, presented as-is. The property's strong cash flow and convenient location make it an attractive investment for both experienced and first-time investors seeking rental income in a desirable Yakima neighborhood. The property's current condition and potential for upgrades present a significant opportunity to enhance profitability.

Highlights

  • $385,000 asking price for a value-add multifamily investment property.
  • Six-unit apartment building with 100% occupancy.
  • Located at 309 W D St, Yakima, WA 98902.
  • 3,354 square feet on a 0.22-acre lot, with six parking spaces.
  • Two one-story buildings built in 1976, zoned RS: Commercial.

Property Details for 309 D St

Property type
Apartment buildings
Square Feet
3,354 SF
Class
C
Year Built
1976
Buildings
2
Stories
1
Lot Size (sq. ft)
9,583 SF
Units
6

Location Insight

City
Yakima
County
Yakima
State
Washington
Latitude
46.6057494
Longitude
-120.516177
309 D St, Yakima, Washington

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309 D St
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