LKV Realty
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Steven FischerNorthmarq Multifamily, LLC
$2,500,000
1020 S 20th Avenue, Yakima, WA 98902Listing ID 2527991

1020 S 20th Avenue, Yakima, WA 98902

Active
Yakima
Last updated: Jul 15, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
13,300
Acres
Acres
0.55
Cooling
Cooling
Wall Unit(s)
Heating
Heating
Baseboard
Year Built
Year Built
1971

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.

Property Information

Property Details

Location

Address
1020 S 20th Avenue
County
Yakima
City
Yakima
Zip Code
98902
Subdivision
Yakima
School District
Yakima
MLS Area
475 - Yakima County

Interior Features

Heating and Cooling

Cooling
Wall Unit(s)
Heating
Baseboard

Building

Building Information

Square Feet
13,300
Year Built
1971
Construction
Wood
Foundation
Slab
Roof
Metal

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$17,295
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 06:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM54887 • NWM43618

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.