705 N 1st Street, Yakima, WA 98901
- $365,000
- 2,610
- SqFt
Listing courtesy of FIRST AND MAIN.
- List Price
- $365,000
- Status
- ACTIVE
- MLS#
- 2526831
- Days on Market
- 149
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 2,610
- Area Total SqFt
- 2610
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
Property Description
This welcoming four-plex offers dependable rental appeal. The single-story building sits on a 6,970 sq ft lot in a residential neighborhood served by the Yakima School District. Updated over time, the property reflects in good overall condition and features a durable metal roof, poured-concrete foundation, and a low-maintenance wood exterior. - 4-plex, with a single-level layout ideal for long-term tenant stability. - Sewer-connected, with no leased items transferring. - No HOA or common-interest community restrictions. Positioned near Barge-Lincoln Elementary, Washington Middle School, and Davis High School, the property benefits from proximity to schools, services, and central Yakima amenities. The residential zoning supports long-term rental demand and offers flexibility for investors looking to expand or stabilize their portfolio. Title opened with Valley Title for added convenience.
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Additional Information
- List Date
- 2026-03-02 15:11:21
- Community
- Yakima
- Net Operating Income
- $27,057
- Gross Adjusted Income
- $32,404
- Gross Scheduled Income
- $35,095
- Total Monthly Income
- $2,989
- Water/Sewer/Garbage Expenses
- $2,691
- Gross Rent Multiplier
- 10.97
- Total Expenses
- $2,691
- Cap Rate
- 7.02
- Vacancy Rate
- 5
- Total Number of Units
- 4
- Unit Name
- 705
- Potential Terms
- Cash, Conventional
- Year Built
- 1950
- Roof
- Metal
- Energy Source
- Electric, See Remarks
- School District
- Yakima
- Elementary School
- Barge-Lincoln Elem
- Middle School
- Wash Mid
- High School
- Davis High
- Total Monthly Income
- $2,989
- Gross Scheduled Income
- $35,095
- Vacancy Rate
- 5
- Gross Adjusted Income
- $32,404
- Tax Year
- 2025
- W/S/G Expenses
- $2,691
- Total Expenses
- $2,691
- Net Operating Income
- $27,057
- Gross Rent Multiplier
- 10.97
- Cap Rate
- 7.02
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.