none
  • 16 Bedrooms
  • 8 Bathrooms
  • 6,056.00 ac

Turn-Key Rental Income Property for Sale | Apartment Complex WA

$ 999,900
1404 Cherry Ave, Yakima, Washington (Yakima County)

Property 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 CONSIDERATIONS:

rental property yakima wa multifamily units for sale duplex and fourplex yakima Investment & Income
income property sale wa 2 bed 1 bath rentals wa cash flow property
yakima apartment complex turn-key rental investment Commercial Property

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

Property Id: 187390
Price: $ 999,900
Property Lot Size: 6,056.00 ac
Bedrooms: 16
Bathrooms: 8
County: Yakima County
Lot Size (AC): 6056.00000
Year Built: 1977
Listing ID: 46062-42982
Office ID: 5256

Other Features
Airport
Appliance
Basement
Central Air
Community Activities
Cul de Sac
Deck
Energy Efficient
Fence
Fireplace
Gated
Guest House
Gym/Fitness Center
Handicapped Accessible
Hospital
Large Kitchen
Maintenance Provided
Mineral Rights
New Appliances
Outbuildings
Park
Parking
Patio
Pool
Restaurants/Shopping
Room
School
Security System
Security System/Alarm
Sewer
Sprinkler System
Storage
Storm Shelter/Cellar
View
Water Access

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

Phil Simpson

Dedicated Realty LLC - Dedicated Realty, LLC
Call Office(509) 594-4707
Call Mobile(509) 654-8086

Contact Me

Similar Listings

16
Commercial Property For Sale in Yakima, WA!
Commercial
Active

Commercial Property For Sale in Yakima, WA!

$ 799,900
Fully Occupied Yakima Commercial Property with Mixed-Use Income and Growth Potential! Three long term tenants in four separate retail spaces make this fully occupied property a steady income ...
8,821.00 ft2 1.06 acdetails
Commercial Fourplex For Sale in Yakima, WA
Commercial
Active

Commercial Fourplex For Sale in Yakima, WA

$ 550,000
Fourplex in Yakima, Washington For SaleWell built (1984) fourplex. Single level 2 bedroom units. Upstairs units have vaulted ceilings. Newer windows, siding and roof. Long term tenants with ...
3,500.00 ft2 0.11 acdetails
10 – Unit Apartment Building For Sale in Yakima, WA
Commercial
Active

10 – Unit Apartment Building For Sale in Yakima, WA

$ 999,900
Apartment Complex For Sale in Yakima, WA10 unit apartment building with solid income and upside potential. Most of the 1 bedroom units have been remodeled in the last few years. Onsite laund ...
4,592.00 ft2 0.19 acdetails
11
Commercial Lease in Yakima, WA
Commercial
Active

Commercial Lease in Yakima, WA

$ 850
Prime corner property featuring established anchor tenants on both sides. Perfect for launching a new business or expanding an existing one. The space offers street frontage and direct acces ...
800.00 ft2 0.00 acdetails

Compare Listings

Phil Simpson