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Overview

  • Updated On:
  • August 21, 2025
  • 16 Bedrooms
  • 8 Bathrooms

Turn-key Rental Income Property for Sale | Apartment Complex Wa

$ 999,900
1404 Cherry Ave, Yakima, Yakima

Description

Investors, take note! This exceptional rental income property features two fourplexes situated on separate parcels in Yakima! With a total of eight well-maintained 2-bedroom, 1-bath units, this apartment complex offers consistent cash flow and long-term upside potential.
Each building boasts concrete block construction, newer roofs and exterior paint, durable tile flooring, and low-maintenance landscaping, making this a truly turn-key investment. The property is securely fenced and equipped with coded gate access, offering tenants peace of mind and added security.
Currently generating below-market rents, this multifamily property presents a unique opportunity to increase income through rent adjustments and future improvements. Whether you’re a seasoned investor or just entering the rental market, this property is ideal for building passive income and long-term wealth.
Financing options include both residential and commercial loans, giving buyers flexibility based on their investment goals.
Highlights:Two fourplexes on separate parcels8 total units – 2 beds / 1 bath eachTile floors, newer roofs & paintGated yard with coded entryLow-maintenance landscapingBelow-market rents with upsideZoned for residential or commercial financing
Located in the heart of Yakima, this property is close to schools, shopping, dining, and public transportation—an ideal setting for stable tenancy and future growth.
Don’t miss your chance to own a profitable apartment complex in Central Washington.

PROPERTY FEATURES:

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Address: 1404 Cherry Ave
City:
Area:
State/County:
Zip: 98902
Country: United States

Property Id: 149419
Price: $ 999,900
Bedrooms: 16
Bathrooms: 8
County: Yakima County
Lot Size (AC): 6056.00000
Year Built: BasicDetails1/YearBuilt1}
Listing ID: 46062-42982
Office ID: 5256
Listing Address: 1403 - 1405 Roosevelt Ave, Yakima, Washington, 98902, United States

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Phil Simpson