Listed by Ron Rougeaux • eXp Realty. Bought with eXp Realty.
Off Market Jan 2024 for $1.1M
—
Est. refi paymentEst. refi$1,915/mo
—
bd
•
— ba
•
7,808
sq ft
2406 Castlevale Rd, Yakima, WA 98902
About this home
Great opportunity to own a 12-plex centrally located in Yakima! This multi-unit complex is perfect for investors looking to add to their portfolio or start their investment journey. All units are one bedroom & one bathroom, each with it's own entrance & ground floor units. The property also features a laundry room & on-site parking. Easy access to amenities, highway and public transportation, making it a desirable location for renters. With high rental demand in the area, this investment opportunity has the potential to generate a steady stream of income for years to come. Don't miss out on this chance to own a a prime piece of real estate! Improving small areas can bring can make huge upside in rent. Possible owner financing available.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.51 Acres
Year renovated
1980
Sq. Ft.
4,056
Year built
1956
Style
Other
County
Yakima County
APN
181314-31401
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jul 8, 2026.
R-3
Multifamily Residential District
The multifamily residential district is intended to: Establish and preserve high-density residential districts by excluding activities not compatible with residential uses; Locate high-density residential development more than twelve dwelling units per net residential acre in areas receiving the full range of urban services; Locate high-density residential development near neighborhood shopping facilities; and Locate high-density residential development so that traffic generated by the development does not pass through lower-density residential areas. The district contains a variety of attached or clustered multifamily dwellings.
Permitted uses
Include but are not limited to:
Garden center
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Museum / gallery
Property details
Parking
Parking Information
Parking Uncovered Spaces: 12
Open Parking Spaces: 12
Has Open Parking
Interior
Heating & Cooling
Has Heating
Heating Information: Wall Unit(s)
Has Cooling
Cooling Information: Other – See Remarks
Exterior
Building Information
Roof: Composition
Exterior Features
Exterior Features: Brick
Property Information
Energy Source: Electric
Style Code: 56 - 10+ Units
Property Type: Residential Income
Property Sub Type: Multi Family
Lot Information
MLS Lot Size Source: Realist
Lot Size Units: Square Feet
Lot Size Acres: 0.51
Elevation Units: Feet
Financial
Tax Information
Tax Annual Amount: $5,604
Tax Year: 2023
Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Other
Utilities
Utility Information
Water Source: Public
Sewer: Sewer Connected
Water Sewer Garbage: 4860
Location
Multi-Family Financial Information
Electric Expense: $456
Insurance Expense: $2,100
Other Expense: $360
Net Operating Income: $116,220
Gross Adjusted Income: 116220
Gross Scheduled Income: $129,600
Total Monthly Income: 10740
Gross Rent Multiplier: 10.1
Total Expenses: 13380
Multi-Unit Information
Units Below Grade: false
Units In Building Total: 12
Vacancy Rate: 5
# of Units (Total): 12
School Information
Elementary School: Buyer To Verify
Middle Or Junior High School: Buyer To Verify
High School: Buyer To Verify
High School District: Yakima
Location Information
Directions: Exit Hwy 12 on Fruitdale Blvd, R on N 24th Ave, R on Castlevale Rd, property on left.
Public facts
Beds: —
Baths: —
Sq. Ft.: 4,056
Stories: 1.0
Lot Size: 0.51 acres
Style: Other
Year Built: 1956
Year Renovated: 1980
County: Yakima County
APN: 181314-31401
Home facts updated by county records on Jul 8, 2026
Other
Listing Information
Mls Status: Sold
Listing Date Information
On Market Date: Monday, May 1, 2023
Green Information
Power Production Type: Electric
Home Information
Living Area Units: Square Feet
Calculated Square Footage: 7808
Building Area Total: 7808
Building Area Units: Square Feet
Structure Type: Multi Family
Stories Total: 1
Around this home
Schools
Robertson Elementary School
Public K-5 • Assigned • 0.6mi
2/10
Wilson Middle School
Public 6-8 • Assigned • 2.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
2/10 Fire Factor
0.00% chance of being in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 14 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
16 unhealthy days expected this year, 19 days in 30 years
Provided by First Street
Historical weather
Yakima, WA • 98902
Average low and high temperatures (°F)
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82
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49
36
43
33
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Sun exposure
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