$1,436,000
Yakima, WA 98902
MLS# 26-413
Status: Closed
6336 sqft
1 / 14
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
Current Price: $1,436,000
MLS Service Begin Date: 2026-02-17
Status: Closed
Sold Price: $1,436,000
Sub Type: Fourplex
Seller Disclosure: Yes
General Property Description
# Units: 8
Gross Mo Income: 9035
Year Built: 1998
Garage Capacity: 4 or more
Acreage M/L: 0.32
Total Apx SF: 6336
Realtor.COM Type: Multi-Family
Location, Tax & Legal
Area (with SubArea): 2B - Btwn N 16th/40th
House Number: 3700/3708
Street Name: Fairbanks
Street Suffix: Ave
State/Province: WA
Zip Code: 98902
Status Change Info
Sold Date: 2026-05-01
Under Contract Date: 2026-03-19
Status Change Date: 2026-05-13
Sold Price: $1,436,000
Financing: FHA
Unit A
Unit A # Units: 4
Unit A #BR: 2
Unit A # BA: 2
Unit A Approx Sq Ft: 2
Unit A Monthly Rent$: 1458.75
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
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
Plat Map 
Listing Office: Almon Commercial-Residential Real Estate
Last Updated: May - 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.