Active · Residential Income

1011 1013, 1015 s 48th Avenue , Yakima, WA 98908

Yakima, WA 98908

$2,990,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by RE/MAX Premier Group · MLS #2521913 · Active

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About this property

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.

Property details

Property type: Multi Family
Year built: 1996
Lot size: 66,961 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $18,296 (2025)
Parking spaces: 36
School district: Yakima

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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