$1,475,000
3700/3708 Fairbanks Ave
Yakima, WA 98902
MLS# 26-413
Status: Pending
6336 sqft


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Property Description
THIS OFFERING presents the opportunity to acquire two exceptional West Yakima fourplexes on separate tax parcels featuring a 50/50 mix of 1-bedroom, 1-bathroom units and townhouse-style 2-bedroom, 2-bath units with sweeping territorial views and oversized garages. The properties have recently received a new roof and fresh exterior paint, and include attractive amenities such as gas fireplaces and durable, low-maintenance Hardi-plank siding. They have been exceptionally well maintained and reflect a clear pride of ownership. Current rents are collectively +/- 18% below market rate, creating a compelling value-add opportunity. Seven of the eight units are on month-to-month leases, with the remaining lease expiring August 2026, providing flexibility for repositioning and rental adjustments. A clean, low-maintenance asset located in one of West Yakima's most desirable rental corridors.

Details
Maps
Documents
Contract Information
Seller Disclosure: Yes
Current Price: $1,475,000
MLS Service Begin Date: 2026-02-17
Status: Pending
List Price: $1,475,000
Sub Type: Fourplex
General Property Description
# Units: 8
Gross Mo Income: 9035
Acreage M/L: 0.32
Garage Capacity: 4 or more
Realtor.COM Type: Multi-Family
Year Built: 1998
Total Apx SF: 6336
Location, Tax & Legal
Taxes: 9205
Tax Year: 2026
Spec Tax Designation: None
Parcel Number: 181315-43467, 43469
Sellers Title Ins Co: Valley Title Co.
Area (with SubArea): 2B - Btwn N 16th/40th
House Number: 3700/3708
Street Name: Fairbanks
Street Suffix: Ave
State/Province: WA
Zip Code: 98902
Remarks & Misc
Public Remarks: THIS OFFERING presents the opportunity to acquire two exceptional West Yakima fourplexes on separate tax parcels featuring a 50/50 mix of 1-bedroom, 1-bathroom units and townhouse-style 2-bedroom, 2-bath units with sweeping territorial views and oversized garages. The properties have recently received a new roof and fresh exterior paint, and include attractive amenities such as gas fireplaces and durable, low-maintenance Hardi-plank siding. They have been exceptionally well maintained and reflect a clear pride of ownership. Current rents are collectively +/- 18% below market rate, creating a compelling value-add opportunity. Seven of the eight units are on month-to-month leases, with the remaining lease expiring August 2026, providing flexibility for repositioning and rental adjustments. A clean, low-maintenance asset located in one of West Yakima's most desirable rental corridors.
Directions: West on Englewood. Right on N 39th Ave. Right on Fairbanks Ave. Properties on left.
Unit A
Unit A # Units: 4
Unit A #BR: 2
Unit A # BA: 2
Unit A Approx Sq Ft: 2
Unit A Monthly Rent$: 1458.75
Domestic Water
Public Water: 1
Unit B
Unit B # Units: 4
Unit B # BR: 4
Unit B # BA: 1
Unit B Approx Sq Ft: 1
Unit B Monthly Rent$: 800
Heat
Forced Air: 1
Sewage System
Connected: 1
Zoning
R3 - Multi Fam Res: 1
Roof
Composition: 1
Lockbox
Agent Remarks: 1
Siding
Masonite: 1
Sq Ft Source
County Assessor: 1
Terms
Cash: 1
Conventional: 1
Status Change Info
Under Contract Date: 2026-03-19
Status Change Date: 2026-03-21
Property Features
Domestic Water: Public Water
Heat: Forced Air
Lockbox: Agent Remarks
Roof: Composition
Sewage System: Connected
Siding: Masonite
Terms: Cash; Conventional
Sq Ft Source: County Assessor
Zoning: R3 - Multi Fam Res

IDX
Listing Office: Almon Commercial-Residential Real Estate

Last Updated: March - 21 - 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.