$2,500,000
Est. $12,615/mo1020 S 20th Avenue, Yakima, WA 98902
• Listed 2026-05-21•12 days on market
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Based on information submitted to the MLS GRID as of May 26, 2026 at 10:04am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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20th Avenue Apartments is a 20-unit, all one-bedroom apartment community located in Yakima, Washington. Built in 1971, the property spans approximately 13,300 net rentable square feet across 20 units averaging 665 SF each, currently 100% occupied. The asset is offered at $2,500,000, representing a 6.29% in-place capitalization rate on $157,244 of net operating income. Current rents trail market by approximately 3.97%, providing near-term upside through standard rent growth. The property includes 32 surface parking spaces. Yakima's economy — anchored by agriculture, healthcare, and food processing — supports stable year-round housing demand, and limited new multifamily supply reinforces occupancy and rental performance in the submarket.
Listed by Steve Fischer • Northmarq Multifamily, LLC
Listing updated: May 26, 2026 at 10:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2527991
Open houses
No upcoming open houses scheduled for this property.
$268,000
-$2,232,000 under list price
Nearby comparable homes
RexMont uses 1 strongest recent nearby sale, priced between $268K and $268K.
Rental earnings
$800/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
1020 S 20th Avenue, Yakima, WA 98902
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
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Yakima is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 27 days.
$315,000 Sold
4 days ago
2 bd•1 ba•~1,028 sq ft•Single Family
701 Queen Avenue, Yakima, WA 98902
2%
Over list
—
Days on market
0.7 mi
Distance
$260,000 Sold
7 weeks ago
3 bd•1 ba•~2,128 sq ft•Single Family
608 S 19th Avenue, Yakima, WA 98902
4%
Over list
—
Days on market
0.4 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
