


1011 1013, 1015 s 48th AvenueYakima, WA 98908
Multi-Family · 35 Beds · 15,728 Sq. ft. | 1.54 Acres1011 1013, 1015 s 48th Avenue Overview
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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.
1011 1013, 1015 s 48th Avenue Facts & Features
- Type Multi-Family
- Sq. ft. 15,728
- Price/Sq.ft. $203
- Lot 1.54 Acres
Details
General
Association/HOA
- Association Fee: $0.00
School Information
- School District: Yakima
- Elementary School: Mcclure Elem
- High School: Eisenhower High
Income/Expenses
- Other Expense: 19379.31
- Electric Expense: 1183.81
- Fuel Expense: 0
- Gross Scheduled Income: 209398
- Insurance Expense: 10414
- Net Operating Income: 146742
- Total Expenses: 62656.29
- Total Monthly Income: 18095
- Water/Sewer/Garbage: 13382.69
Building Information
- New Construction: No
- Year Built: 1996
Location/Region
- Country: US
- County Or Parish: Yakima
- MLS Area Major: 475 - Yakima County
- Subdivision Name: Yakima
Community/Development
- Amenities: Coin Op Laundry,Storage
Tax Information
- Tax Annual Amount: $18,296.48
- Tax Year: 2025
General Information
- Listing Terms: Cash, Conventional, See Remarks
- Parcel Number: 18132723403
- Possible Use: Commercial
- Property Sub Type: Multi Family
- Property Type: Residential Income
- Senior Community: No
- Special Listing Conditions: None
Interior
Parking Information
- Garage Spaces: 0
Beds/Baths
- Bedrooms Upper: 0
Building Interior
- Building Area Total: 15728
- Building Area Units: Square Feet
- Calculated Square Footage: 15728
- Square Footage Finished: 0
- Square Footage Unfinished: 0
General Information
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Leasable Area: 15468
- Living Area: 0
- Main Level Bathrooms: 0
- Power Production Type: Electric
- Stories Total: 1
Exterior
Parking Information
- Open Parking: No
- Parking Total: 36
- Parking Uncovered Total: 23
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 1.5372
- Lot Size Square Feet: 66961
- Lot Size Units: Square Feet
- Site Features: Outbuildings, Patio, Sprinkler System
- Elevation Units: Feet
- Water Source: Public
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Roof: Composition
- Structure Type: Multi Family
General Information
- Carport Spaces: 13
- Carport: No
- Covered Spaces: 13
- Exterior Features: Wood
- Number Of Units Total: 6
- Sewer: Sewer Connected
Unit Information
Unit 6 Details
- Actual Rent: 1900
- Beds Total: 4
- Baths Total: 2
Unit 5 Details
- Actual Rent: 1950
- Beds Total: 3
- Baths Total: 2
Unit 1 Details
- Actual Rent: 1950
- Beds Total: 4
- Baths Total: 2
Unit 2 Details
- Actual Rent: 1950
- Beds Total: 4
- Baths Total: 2
Unit 3 Details
- Actual Rent: 4150
- Beds Total: 8
- Baths Total: 4
Unit 4 Details
- Actual Rent: 6050
- Beds Total: 12
- Baths Total: 6
1011 1013, 1015 s 48th Avenue Neighborhood
Community
98908 (Yakima) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1011 1013, 1015 s 48th Avenue Monthly Cost
1011 1013, 1015 s 48th Avenue Market Data
Based on the last 30 days in this zip code
1011 1013, 1015 s 48th Avenue History
| Date | Value | Agent |
|---|---|---|
| 5/12/2026Source: NWMLS | May 12, 2026 |









































