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← Back to search results/Yakima, WA/9 N 9th Street
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Listed by Max Frame • Kidder Mathews.
FOR SALE

$13,000,000

Est. $70,453/mo

9 N 9th Street, Yakima, WA 98901

• Listed Oct 25, 2026•15 days active · 15 cumulative

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★★★★★5.0·1,215 Google reviews

Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

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Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

About this home

Kidder Mathews is pleased to present 9 North Apartments, a fully renovated 183-unit apartment community located in the heart of Yakima, Washington. Built in 1977 and extensively renovated in 2023, the property consists of four three-story buildings situated on approximately 4.98 acres. The community features a desirable mix of studio apartments, all with updated interiors including luxury vinyl plank flooring, quartz countertops, modern cabinetry, and air conditioning. Residents enjoy a gated community with amenities including a swimming pool, landscaped courtyard, on-site management, shared laundry facilities, and 215 parking spaces. Conveniently located near downtown Yakima, the property offers easy access to major employers, shopping, restaurants, schools, and entertainment. In addition to the residential units, 9 North includes approximately 15,000 square feet of vacant commercial space, providing a unique value-add opportunity for future income generation or potential redevelopment. With significant capital improvements already completed, attractive pricing, and additional upside through continued lease-up and commercial repositioning, 9 North presents a compelling investment opportunity in the Yakima multifamily market.

Property type
Single Family
Year built
1977
Interior
Not listed
Lot size
4.98 acres
Parking
None
Price / sq ft
Not listed
HeatingBaseboard
CoolingNone
Property taxes$85,324/yr (est.)
School districtYakima

Listed by Max Frame • Kidder Mathews

Listing updated: October 26, 2026 at 10:13am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2597894

Around this home

RexMont OfferEdge™

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9 N 9th Street, Yakima, WA 98901

List price
$13,000,000
Down payment
$2,600,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Layout

  • 10+ Units

Flooring

  • Vinyl Plank

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Total units
2
Units in building
187
Units below grade
false

Income & expenses

Gross scheduled income
$2,049,259
Total monthly income
$170,739
Gross adjusted income
$1,703,080
Net operating income
$796,863
Cap rate
6.1%
Gross rent multiplier
16
Vacancy rate
5%
Total expenses
$906,217
Insurance
$65,000
Electric
$53,326
Fuel
$53,327
Other expenses
$595,914
Water / sewer / garbage paid by
53326

Parking & storage

Parking spaces
215
Uncovered parking
215

Taxes & assessment

Annual taxes
$85,324
Tax year
2026
Financing
Cash, Conventional

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

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Mortgage payment forecast

$80,813 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Kidder Mathews; Max Frame; 360-705-2800; max.frame@kidder.com

Market pulse

Yakima is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 85 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $330,000 Sold

    2 months ago

    •Single Family

    705 N 1st Street, Yakima, WA 98901

    10%

    Under list

    113

    Days on market

    0.9 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of November 9, 2026 at 11:56 AM PT (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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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