$1,750,000
Yakima, WA 98901
MLS# 25-3483
7530 sqft

1 / 33
Property Description
Commercial Investment & Development Opportunity: Full City Block Portfolio An exceptional opportunity to acquire a significant commercial investment portfolio encompassing an entire city block, offering immediate income with massive upside potential. This unique offering consists of 15 houses across 9 separately parceled lots, all zoned R2. Control a full city block (both sides of the street), providing unparalleled strategic positioning and unified management. Unit Mix: The properties include two 3-bedroom, 1-bath houses and thirteen 2-bedroom, 1-bath houses. Future Development Potential: The R-2 zoning on all 9 parcels allows for substantial density increase. A developer could potentially reconfigure or rebuild, maximizing the property's value by developing up to 36 units (9 parcels x 4 units). This is a rare chance for a visionary investor or developer to secure a large, contiguous footprint in a central location balancing reliable rental income with significant long-term growth through redevelopment.
Details
Maps
Documents
Contract Information
List Pr Description: Total List Price
Seller Disclosure: Yes
Current Price: $1,750,000
MLS Service Begin Date: 2025-12-04
Status: Active
List Price: $1,750,000
Sub Type: Commercial Property
General Property Description
Lot Front Ft Approx: 474
Lot Depth Ft Approx: 123
Total Approx Lot SF: 107593.2
Acreage M/L: 2.47
List Price Per SqFt: 232.4
Realtor.COM Type: Commercial
Sale/Lease: For Sale
Main Use: Office
Year Built: 1920
Total Apx SF: 7530
Location, Tax & Legal
Taxes: 14390.18
Tax Year: 2025
Spec Tax Designation: None
Parcel Number: 191330-41413,41415, 41409, 41412, 41414, 41405+
Sellers Title Ins Co: Fidelity Title Co
Area (with SubArea): 1B - SE Yakima
House Number: 1408-1428
Street Dir: S
Street Name: 8th
Street Suffix: St
State/Province: WA
Zip Code: 98901
Remarks & Misc
Public Remarks: Commercial Investment & Development Opportunity: Full City Block Portfolio
An exceptional opportunity to acquire a significant commercial investment portfolio encompassing an entire city block, offering immediate income with massive upside potential. This unique offering consists of 15 houses across 9 separately parceled lots, all zoned R2. Control a full city block (both sides of the street), providing unparalleled strategic positioning and unified management.
Unit Mix: The properties include two 3-bedroom, 1-bath houses and thirteen 2-bedroom, 1-bath houses. Future Development Potential: The R-2 zoning on all 9 parcels allows for substantial density increase. A developer could potentially reconfigure or rebuild, maximizing the property's value by developing up to 36 units (9 parcels x 4 units).
This is a rare chance for a visionary investor or developer to secure a large, contiguous footprint in a central location balancing reliable rental income with significant long-term growth through redevelopment.
Directions: From downtown Yakima, head south on S 1st Street. Turn left onto E Lincoln Avenue, then right onto S 8th Street. Continue south to the 1400 block; the property is located between S 14th Avenue and S 15th Avenue at 1408-1428 S 8th Street.
Basement
None: 1
Crops
None: 1
Domestic Water
Public Water: 1
Irrigation
No: 1
Air Conditioning
Agent Remarks: 1
Lot Size
1+ - 5.0 Acres: 1
Foundation
Concrete: 1
Heat
Baseboard: 1
Sewage System
Septic Installed: 1
Construction Style
Frame: 1
Zoning
AG - Agricultural: 1
R2 - 2 Fam Res: 1
Roof
Composition: 1
Lockbox
Agent Remarks: 1
Lot Features
Paved Road: 1
Floor Coverings
Vinyl: 1
Siding
Vinyl: 1
Wood: 1
Sq Ft Source
County Assessor: 1
Terms
Cash: 1
Conventional: 1
Possession
Close Of Escrow: 1
Status Change Info
Status Change Date: 2025-12-18
Property Features
Air Conditioning: Agent Remarks
Basement: None
Construction Style: Frame
Crops: None
Domestic Water: Public Water
Floor Coverings: Vinyl
Foundation: Concrete
Heat: Baseboard
Irrigation: No
Lockbox: Agent Remarks
Lot Features: Paved Road
Lot Size: 1+ - 5.0 Acres
Roof: Composition
Sewage System: Septic Installed
Siding: Vinyl; Wood
Sq Ft Source: County Assessor
Terms: Cash; Conventional
Possession: Close Of Escrow
Zoning: AG - Agricultural; R2 - 2 Fam Res
Listing Office: Keller Williams Yakima Valley
Last Updated: December - 23 - 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.
Legal Description