$1,800,000
240 Hanzel Way
Cowiche, WA 98923
MLS# 26-2462
7780 sqft


Hanzel/Gretel
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Hanzel/Gretel Hanzel/Gretel Hanzel/Gretel Hanzel/Gretel Hanzel/Gretel 330 Gretel Way 14 Gretel Way Hanzel/Gretel PropertyLine_03 150 Gretel Way Orchard Hanzel/GretelPropertyLine_04 Hanzel/Gretel Hanzel/Gretel Hanzel/Gretel 16 Gretel Way 240 Hanzel Way 16 Gretel Way 14 Gretel Way 14 Gretel Way 14 Gretel Way 14 Gretel Way 14 Gretel Way 14 Gretel Way 14 Gretel Way 14 Gretel Way Orchard Orchard Orchard Orchard Orchard Orchard Hanzel/Gretel

Property Description
TRULY RARE and TURN-KEY Washington State APPLE ORCHARD with FIVE INCOME-PRODUCING RESIDENCES spanning 49.8± deeded acres across SEVEN TAX PARCELS in the heart of the Yakima Valley's premier irrigated fruit-growing region! This distinctive offering combines productive agricultural ground, established residential income, and future flexibility within one remarkable property. Established in 2018, the orchard encompasses approximately 31± planted acres; 16± acres Honey Crisp and 15± acres Cosmic Crisp, two of the Valley's premium apple varieties. Modern high-density trellis infrastructure optimizes production, maximizes sunlight interception, enhances fruit quality, improves labor efficiency, and supports consistent annual yields. Currently leased through 2027, the orchard offers flexibility for an EXPERIENCED ORCHARDIST seeking a future owner-operated opportunity, an INVESTOR who prefers a leased agricultural operation without the day-to-day demands of orchard management, or a MULTI-GENERATIONAL legacy where family can live, work, and carry the orchard forward. An irrigation well and separate potable well provide a strong, abundant water supply supporting the property and orchard production. The RESIDENTIAL component includes FOUR manufactured homes and ONE stick-built farmhouse, all currently rented and providing established cash flow. Two triple-wide homes feature brand-new roofs, with one also offering brand-new windows. Each manufactured home occupies its own tax parcel, includes a large storage shed, and enjoys sweeping Cowiche Basin and Mt. Clemens views. Two vacant parcels add another dimension of opportunity with potential for future homesites, subdivision, or strategic development. Combining premium apple production, diversified rental income, abundant water, and seven separate parcels, this is a RARE opportunity to acquire a LEGACY YAKIMA VALLEY agricultural/residential investment with immediate income and long-term appreciation potential!

Details
Maps
Contract Information
Current Price: $1,800,000
MLS Service Begin Date: 2026-08-12
Status: Active
List Price: $1,800,000
Sub Type: Fourplex
Seller Disclosure: Yes
General Property Description
# Units: 5
Gross Mo Income: 7200
Year Built: 1991
Garage Capacity: None
Acreage M/L: 49.73
Total Approx Lot SF: 2166238.8
Total Apx SF: 7780
Realtor.COM Type: Multi-Family
Location, Tax & Legal
Area (with SubArea): 7C - Cowich/Tieton
House Number: 240
Street Name: Hanzel
Street Suffix: Way
State/Province: WA
Zip Code: 98923
Unit Information
Who Pays Fuel: T
Who Pays Electricity: T
Who Pays Water: T
Who Pays Insurance: L
Who Pays Garbage: T
Unit A
Unit A #BR: 4
Unit A # BA: 2
Unit A Approx Sq Ft: 2223
Unit A Monthly Rent$: 2240
Unit B
Unit B # BR: 3
Unit B # BA: 2
Unit B Approx Sq Ft: 2400
Unit B Monthly Rent$: 1940
Unit C
Unit C #BR: 3
Unit C #BA: 2
Unit C Approx Sq Ft: 1512
Unit C Monthly Rent$: 1340
Unit D
Unit D # BR: 2
Unit D Approx Sq Ft: 999
Monthly Rent$: 1140
Status Change Info
Status Change Date: 2026-08-12
Property Features
Construction Style: Frame; Mfg Dbl Wide; Mfg Triple Wide; Agent Remarks
Domestic Water: Community Well
Heat: Forced Air
Lockbox: None
Rental Amenities: Storage
Roof: Composition
Sewage System: Septic Installed
Siding: Wood
Terms: Cash; Commercial
Possession: Close Of Escrow
Sq Ft Source: County Assessor
Zoning: AG - Agricultural; OTH - Agt Remrk

IDX
Listing Office: RE/MAX, The Collective

Last Updated: August - 13 - 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.