Property Details
1011 1013, 1015 S 48th Avenue
Yakima, WA 98908
$3,199,000
Active
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Property Overview
The Eisenhower Complex is a stabilized 18 unit multifamily investment located in one of West Yakima’s most established rental corridors. The offering includes a 16 unit apartment property plus a duplex, creating a two bed dominant unit mix with broad renter appeal. The property is currently 100% occupied, w/current scheduled rent exceeding '25 reported rental income and additional income generated from coin op laundry. Positioned near MultiCare Yakima Memorial Hospital, Yakima Valley College, Wilson & West Valley Middle School, Eisenhower High School, shopping, dining, parks, gyms, golf courses & Yakima Air Terminal, the property benefits from convenient access to major healthcare, education, employment, retail, & daily service demand drivers. The combined property features ~1.54 total acres, ~15,728 total building SqFt, 36 total parking spaces including covered parking & irrigated grounds. The duplex includes two spacious 2 bed, 1 bath units ~1k SqFt each, w/carport & driveway parking. Ownership has completed meaningful capital improvements & ongoing unit remodels, supporting tenant appeal, durability, & rental desirability. Certain expenses reflect non recurring capital work, creating upside when evaluating normalized operations. W/stable in place performance, scheduled rent above '25 income, a marketable unit mix, meaningful reinvestment, & a strong West Yakima location, the Eisenhower Complex represents a well maintained, strategically positioned investment opportunity.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Yakima
Neighborhood
Yakima
Listed
May 12, 2026
Financial Summary
Net Operating Income
$146,742
Gross Scheduled Income
$209,398
Total Expenses
$62,656
Total Actual Rent
$17,995/mo
Building & Use
Building Sq Ft
15,728
Zoning
Commercial
Possible Use
Commercial
Lot Size
1.54 acres
Year Built
1996
Exterior & Lot
Lot Size
1.54 sqft
Year Built
1996
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Exterior Features
Wood
Location
City
Yakima
County
Yakima
Coordinates
46.58691, -120.57135
Additional Information
Tax Year
2025
Annual Taxes
$18,296
Possession
Array
Based on information submitted to the MLS GRID as of May 13, 2026 4:45 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
