702 South 72nd Avenue
Yakima, WA 98908
$999,999
Price
—
Beds
4,700 Sq. Ft.
$213 / Sq. Ft.
4,700
Sq. Ft.
$213
per Sq. Ft.
Description
Uncover a lucrative investment opportunity with this multi-family property nestled in Yakima, WA. This unique property features a single-family home along with a Tri-plex all situated on a spacious .67 acre lot. The plat has received approval for R2 zoning which allows for the construction of up to 7 units total! You have the flexibility to reside in the primary home while leasing out the additional units or utilize the property for multi-generational living. All Units are currently rented. The main...Uncover a lucrative investment opportunity with this multi-family property nestled in Yakima, WA. This unique property features a single-family home along with a Tri-plex all situated on a spacious .67 acre lot. The plat has received approval for R2 zoning which allows for the construction of up to 7 units total! You have the flexibility to reside in the primary home while leasing out the additional units or utilize the property for multi-generational living. All Units are currently rented. The main home, offering 2 bedrooms and 1 bathroom, has commanded a rental rate of $1,500 per month cross 1100 sq ft. The Tri-plex includes one unit renting at $2,000 per month, providing 1800 sq ft with 3 bedrooms and 2 bathrooms, while the other two units bring in $825 and $1,100 per month, each containing 2 bedrooms and 1 bathroom within 900 sq ft. All units feature kitchen appliances and window/wall A/C units. Tenant parking or storage is made convenient with the 3+-car tandem garage. Secure this solid investment in Yakima today and seize the chance to own a valuable asset in a prime location near Wide Hollow Elementary School, grocery stores, restaurants, and a host of other desirable amenities. Contact your preferred real estate agent to arrange an exclusive tour of this exceptional investment property.
- Listed by Mandi Ozuna • Century 21 Tri-Cities
Property Details for 702 South 72nd Avenue
Zoning
R2 - 2 Fam Res
LISTING UPDATED: 09/24/2024 11:42 AM
Property Details for 702 South 72nd Avenue
| Status | Active |
|---|---|
| MLS # | 24-1950 |
| Days on Market | 119 |
| Taxes | $4,874 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi Family / Fourplex |
| Year Built | 1970 |
| Lot Size | 0.67 AC / 29,185 SF |
| County | Yakima County |
Building Information for 702 South 72nd Avenue
Stories-Residences-Year Built1970Building Size-Lot Size0.67 AC / 29,185 SF
Property Information for 702 South 72nd Avenue
Summary
Location and General Information
- Absolute Longitude: 120.604805
- Area (with SubArea): 5A - W 40th/S Yak Ave
- City: Yakima
- State/Province: WA
- Zip Code: 98908
- Directions: 72nd Ave between Nob Hill and Tieton Drive, West side of the roadway.
Taxes and HOA Information
- Taxes: $4,874.00
- Parcel Number: 18132921408
- Spec Tax Designation: None
- Tax Year: 2024
Parking
- Garage Capacity: 3
Property
Lot Information
- Total Approx Lot SF: 0.0
- Total Approx Building SF: 4700.0
- Acreage M/L: 0.67
- Lot Front Ft Approx: 0.0
- Lot Depth Ft Approx: 0.0
- Year Built: 1970
Property and Assessments
- Construction Style: Block
- Picture Count: 49
- Document Count: 9
Utilities
- Domestic Water: Public Water
- Sewage System: Connected
Interior and Exterior Features
Exterior Features
- Roof: Composition
- Siding: Vinyl
Interior Features
- Heat: Baseboard
Multi Family
Income & Expenses
- Gross Mo Income: $5,425.00
Multi-Family Information
- number Units: 4.0
Unit Information
Unit A
- Unit A # Bathrooms: 1.0
- Unit A # Units: 1
- Unit A Approx Sq Ft: 900.0
- Unit A Monthly Rent$: $825.00
Unit B
- Unit B # Bathrooms: 1.0
- Unit B # Units: 1
- Unit B # Bedrooms: 2
- Unit B Approx Sq Ft: 900.0
- Unit B Monthly Rent$: $1,100.00
Unit C
- Unit C #BA: 2.0
- Unit C # Units: 1
- Unit C Approx Sq Ft: 1800.0
- Unit C Monthly Rent$: $2,000.00
Unit D
- Unit D # Bathrooms: 1.0
- Unit D # Units: 1
- Unit D # BR: 2
- Unit D Approx Sq Ft: 1100.0
- Unit D Monthly Rent$: $1,500.00
Unit 1
- Number of Units: 1
- Number of Bathroom: 1
- Monthly Rent $: $825
- Approx Sq Ft: 900
- Refrigerator: yes
- Standard Rent: $825.00
- Standard Baths: 1
- Standard Beds: 2
Unit 2
- Number of Units: 1
- Number of Bathroom: 1
- Monthly Rent $: $1,100
- Approx Sq Ft: 900
- Refrigerator: yes
- Standard Rent: $1,100.00
- Standard Baths: 1
- Standard Beds: 2
Unit 3
- Number of Units: 1
- Number of Bathroom: 2
- Monthly Rent $: $2,000
- Approx Sq Ft: 1800
- Refrigerator: yes
- Standard Rent: $2,000.00
- Standard Baths: 2
- Standard Beds: 3
Unit 4
- Number of Units: 1
- Number of Bathroom: 1
- Monthly Rent $: $1,500
- Approx Sq Ft: 1100
- Refrigerator: yes
- Standard Rent: $1,500.00
- Standard Baths: 1
- Standard Beds: 2
Property History for 702 South 72nd Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 702 South 72nd Avenue
Taxable ValueLand$113,900Additions$440,000Total$553,900
Tax Record2024$4,874 ($406 / month)
Home Facts
Baths4.8Total Finished SqFt3,160 SqFtAbove Ground SqFt3,160 SqFtStories1Lot Size29,185 SqFtStyleMulti-Family Dwelling (2-4)Year Built1973Year Renovated1978ZoningR2CountyYAKIMAAPN181329-21408Fireplace TypeHas Fireplace
Schools near 702 South 72nd Avenue
This home is within West Valley School District (Yakima).
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 5 to 6 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Wide Hollow Elementary School PublicK to 5 | ||
West Valley Middle School Public5 to 6 | ||
West Valley Jr High School Public6 to 8 | ||
West Valley High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Century 21 Tri-Cities
Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.