$485,000
Yakima, WA 98908
MLS# 21-1545
Status: Closed
3432 sqft
1 / 16
Property Description
THIS OFFERING is for the rare opportunity to purchase a good quality 4-plex in a desirable west Yakima location which happens to be underperforming and comes with considerable upside opportunities that are relatively easy to capitalize upon. Long term tenants in three of the four units are paying significantly below market rents and all four rental agreements are currently month-to-month. The property is located within an established neighborhood comprised mostly of single-family homes and just south of Nob Hill Blvd near schools and numerous professional and retail services.
Details
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Documents
Contract Information
Current Price: $485,000
MLS Service Begin Date: 2021-06-28
Status: Closed
Sold Price: $485,000
Sub Type: Fourplex
Seller Disclosure: Yes
General Property Description
# Units: 4
Gross Mo Income: 2600
Year Built: 1970
Garage Capacity: None
Acreage M/L: 0.22
Total Apx SF: 3432
Realtor.COM Type: Multi-Family
Location, Tax & Legal
Area (with SubArea): 5A - W 40th/S Yak Ave
House Number: 1115
Street Dir: S
Street Name: 41st
Street Suffix: Ave
State/Province: WA
Zip Code: 98908
Status Change Info
Sold Date: 2021-08-09
Under Contract Date: 2021-07-01
Status Change Date: 2021-08-09
Sold Price: $485,000
Financing: OTHER
Unit Information
Who Pays Electricity: T
Who Pays Water: L
Who Pays Insurance: L
Who Pays Garbage: L
Unit A
Unit A #BR: 3
Unit A # BA: 1
Unit A Monthly Rent$: 750
Unit B
Unit B # BR: 1
Unit B # BA: 1
Unit B Monthly Rent$: 525
Unit C
Unit C #BR: 2
Unit C #BA: 1
Unit C Monthly Rent$: 600
Unit D
Unit D # BR: 2
Unit D # BA: 1
Monthly Rent$: 725
Property Features
Construction Style: Frame
Domestic Water: Public Water
Heat: Electric
Lockbox: None
Roof: Composition
Sewage System: Connected
Siding: Wood
Sq Ft Source: County Assessor
Zoning: R3 - Multi Fam Res
Flyer 
Listing Office: Almon Commercial-Residential Real Estate
Last Updated: November - 18 - 2025
Property profiling information contained herein is believed to be accurate, but may contain approximations or estimates where appropriate. The information contained herein is not guaranteed. This information is provided for the sole use and benefit of those authorized to access Yakima Association of Realtors® ('YAR') Multiple Listing Service ('MLS') information, and may not be reproducerepresened to third parties as information produced, warranted, or represented by YAR or MLS to be guaranteed.