1020 S 20th Avenue · Yakima, WA 98902
Source: NWMLS · Northmarq Multifamily, LLC · Steve Fischer #NWM2527991
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- 10+ Units
- Stories
- 2 stories
- Year built
- 1971
- Building area
- 13,300 sq ft
- Lot size
- 24,167 sq ft (0.55 acres)
- County
- Yakima
- MLS #
- NWM2527991
Interior
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Flooring
- Laminate, Carpet
Exterior & lot
- Exterior features
- Wood
- Roof
- Metal
- Foundation
- Slab
- Lot features
- Corner Lot, Paved, Sidewalk
- Waterfront
- No
Parking
- Parking spaces
- 32
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Yakima
- Property tax
- $17,295 (2026)
Transaction
- Listed on
- May 21, 2026
- Days on market
- 122
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Schools
School district: Yakima
- High
- Davis High SchoolSchoolDigger 1 star · Top 79% in WA
Listing provided courtesy of: Northmarq Multifamily, LLC
Listing agent: Steve Fischer.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-14.