Property Details
1021 E 19th Avenue #A-D
Ellensburg, WA 98926
$975,000
Active
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Property Overview
Prime multi-family investment opportunity just north of Central Washington University! This low maintenance 4-plex features four two-story units, each offering 3 bedrooms and 2 bathrooms. The open concept layout includes a kitchen that flows effortlessly to a back patio, perfect for tenants. All appliances are included in every unit, making this a truly turnkey, cash-flowing asset from day one. Hands-on owner has made regular upgrades to protect the investment. Unbeatable location with built-in rental demand from students, staff, and locals alike. Maximize your portfolio with this hassle-free income generator in a high-growth area!
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kittitas
Neighborhood
18th/Ellensburg
Listed
Jun 5, 2026
Structure Type
Quadruplex
Parcel Number
11384
Tax & HOA
Annual Property Tax
$8,462 (2026)
Est. Monthly Tax
$705/mo
Financial Summary
Cap Rate
5.60%
Net Operating Income
$55,534
Gross Scheduled Income
$76,500
Gross Rent Multiplier
13.00
Total Expenses
$19,436
Vacancy Rate
2.0%
Building & Use
Building Sq Ft
4,896
Leasable Area
4,896 sqft
Total Units
4
Zoning
Residential
Possible Use
Residential
Lot Size
14,863 sqft
Year Built
1997
Exterior & Lot
Lot Size
0.34 sqft
Year Built
1997
Exterior Materials
Metal/Vinyl
Sewer
Sewer Connected
Water Source
Public
Lot Features
Cul-De-Sac, Curbs, Paved, Sidewalk
Exterior Features
Metal/Vinyl
Community & Access
Directions
From University Way go North on Alder Street, left on E. 19th Avenue
Location
City
Ellensburg
County
Kittitas
Coordinates
47.01203, -120.53212
Additional Information
Tax Year
2026
Annual Taxes
$8,462
Possession
Array
Based on information submitted to the MLS GRID as of June 9, 2026 5:00 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.
