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0 Baths
13,300 sqft

$2,295,000

1020 S 20th Ave, Yakima WA, 98902

Price per sqft$172.56
Built in1971
Property size13,300 sqft
Property typeCondominium

Overview

Active

Listed Oct 6, 2026

Updated 9 days ago

Northmarq is 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 665SF. 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.

$15,269/mo

Est. mortgage payment based on a $2,295,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$17,735
Tax Frequency
Annually
MLS provider logo

Listed by Bill Almon, Jr with Almon Commercial-Residential Real Estate
Listing Contact: [email protected] 

The IDX display contains information sourced from the Yakima Association of REALTORS® as of 10/7/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Yakima Association of REALTORS® all rights reserved.

Data last updated on 10/7/2026 at 5:00 AM UTC

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