7,530 SqFt
7,530 SqFt
Key Details
Property Type Other Types
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 7,530 sqft
Price per Sqft $232
MLS Listing ID 25-3483
Year Built 1920
Annual Tax Amount $14,390
Tax Year 2025
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Commercial Property
Land Area 7530
Property Description
An exceptional opportunity to acquire a significant commercial investment portfolio encompassing an entire city block, offering immediate income with massive upside potential. This unique offering consists of 15 houses across 9 separately parceled lots, all zoned R2. Control a full city block (both sides of the street), providing unparalleled strategic positioning and unified management.
Unit Mix: The properties include two 3-bedroom, 1-bath houses and thirteen 2-bedroom, 1-bath houses. Future Development Potential: The R-2 zoning on all 9 parcels allows for substantial density increase. A developer could potentially reconfigure or rebuild, maximizing the property's value by developing up to 36 units (9 parcels x 4 units).
This is a rare chance for a visionary investor or developer to secure a large, contiguous footprint in a central location balancing reliable rental income with significant long-term growth through redevelopment.
Location
State WA
Area 1B - Se Yakima
Zoning R2 - 2 Fam Res, AG - Agricultural
Direction From downtown Yakima, head south on S 1st Street. Turn left onto E Lincoln Avenue, then right onto S 8th Street. Continue south to the 1400 block; the property is located between S 14th Avenue and S 15th Avenue at 1408-1428 S 8th Street.
Rooms
Basement None
Interior
Heating Baseboard
Heat Source Baseboard
Exterior
Roof Type Composition
Building
Foundation Concrete Perimeter
Sewer Septic Installed
Water Public
Structure Type Vinyl Siding,Wood Siding,Frame
Others
Tax ID 191330-41413,41415, 41409, 41412, 41414, 41405+
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash