$580,000
Yakima, WA 98902
MLS# 25-3509
3750 sqft
1 / 9
Property Description
Value add multifamily opportunity consisting of two triplexes on separate parcels with six total units, all 1 bed / 1 bath. The property is currently cash flowing, with a current cap rate of 6.5% with below-market rents, offering strong upside through rent increases and estimated stabilized cap rate of 7.4%. Features include separate electric meters, a communal laundry room, low-maintenance courtyard landscaping, and six dedicated parking stalls plus off-street parking. Professionally managed and suitable for an owner-occupant or investor seeking stable income with appreciation potential.
Details
Maps
Documents
Contract Information
Current Price: $580,000
MLS Service Begin Date: 2025-12-29
Status: Active
List Price: $580,000
Sub Type: Triplex
Seller Disclosure: Yes
General Property Description
# Units: 6
Gross Mo Income: 4305
Year Built: 1974
Garage Capacity: None
Acreage M/L: 0.22
Total Apx SF: 3750
Realtor.COM Type: Multi-Family
Location, Tax & Legal
Area (with SubArea): 2A - Btwn N 1st/16th
House Number: 1518-1520
Street Dir: W
Street Name: Roosevelt
Street Suffix: Ave
State/Province: WA
Zip Code: 98902
Unit Information
Who Pays Electricity: T
Who Pays Water: L
Who Pays Garbage: L
# Ranges: 6
# Refrig: 6
# Parking Sp: 6
Unit A
Unit A # Units: 6
Unit A #BR: 6
Unit A # BA: 6
Status Change Info
Status Change Date: 2025-12-29
Property Features
Construction Style: Frame
Domestic Water: Public Water
Heat: Baseboard; Electric
Lockbox: Agent Remarks
Rental Amenities: Laundry
Roof: Composition
Sewage System: Connected
Siding: Stucco
Terms: Cash; Conventional; FHA; VA; Commercial
Sq Ft Source: County Assessor
Zoning: R1 - Single Fam Res
Lead Paint 
Listing Office: eXp Realty LLC Seattle
Last Updated: July - 07 - 2026
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.