4902 West Chestnut Avenue
4902 West Chestnut Avenue
Yakima, WA 98908
$699,990
Price
8
Beds
4
Baths
3,648 Sq. Ft.
$192 / Sq. Ft.
3,648
Sq. Ft.
$192
per Sq. Ft.
Listing provided courtesy of Coldwell Banker Bain
Description
Welcome to this lucrative investment opportunity in the bustling city of Yakima, WA. This fully rented 4-unit multifamily property presents a rare chance for investors to secure a reliable income stream in a high-demand rental market. Each of the four units offers 900 square feet of living space, featuring two bedrooms and one bathroom. With all units currently leased, this property generates consistent rental income, making it an ideal addition to any investment portfolio.Welcome to this lucrative investment opportunity in the bustling city of Yakima, WA. This fully rented 4-unit multifamily property presents a rare chance for investors to secure a reliable income stream in a high-demand rental market. Each of the four units offers 900 square feet of living space, featuring two bedrooms and one bathroom. With all units currently leased, this property generates consistent rental income, making it an ideal addition to any investment portfolio.
- Listed by Mario Sanelli • Coldwell Banker Bain
- Listed by Stephen Sanelli • Coldwell Banker Bain
Property Details for 4902 West Chestnut Avenue
Community Name
Yakima
School DistrictYakima
ViewTerritorial
Number of Assigned Spaces4
Total Covered Parking0
Entry Date03-06-2024
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Coldwell Banker Bain![]()
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LISTING UPDATED: 04/26/2024 02:34 PM
Property Details for 4902 West Chestnut Avenue
| Status | Active |
|---|---|
| MLS # | 2207345 |
| Days on Market | 60 |
| Cumulative Days on Market | 59 |
| Taxes | $3,259 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1969 |
| Lot Size | 0.23 AC / 10,019 SF |
| County | Yakima County |
Location
Listing Courtesy of Coldwell Banker Bain![]()
Add your commute
Building Information for 4902 West Chestnut Avenue
Stories1Residences4Year Built1969Building Size-Lot Size0.23 AC / 10,019 SF
Payment Calculator
$4,092 per month
30 year fixed, 7.25% Interest
Principal and Interest
$3,820
Property Taxes
$272
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4902 West Chestnut Avenue
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Fenced-Partially, High Speed Internet, Patio
- Area: 475 - Yakima County
- Effective Year Built Source: Public Records
- Directions: Take exit N 40th Ave/Fruitvale Blvd from US-12 W. Continue on N 40th Ave. Take Summitview Ave to W Chestnut Ave.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2023
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 4.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Cooling: Yes
- Cooling: Forced Air, Window Unit A/C
- Fireplace: No
- Heating: Yes
- Heating: Forced Air
- FIRPTA: No
Exterior Features
- Exterior: Wood
- Roof: Composition
- Security Features: FullyFenced
Property
Utilities
- Water Source: Public
- Water/Sewer/Garbage: 2890
- Power Production Type: Electric
Property and Assessments
- New Construction YN: No
- Foundation: Poured Concrete
- Zoning Class: Residential
- First Right Of Refusal: false
- Possible Use: Residential
- Letter On File: Duplicate Prop Type
- MLS Square Footage Source: Public Records
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1977
- Photos Count: 7
Lot Information
- Lot Details: Paved, Sidewalk
- Lot Size Source: Public Records
- Parcel Number Free Text: 181321-44460
- Building Condition: Good
- Calculated Square Footage: 3648
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 3648.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 4
- Number of Stories in Building: 1
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 1
Financing / Income and Expenses
- Electric Expense: $0
- Total Expenses: 10479
- Gross Adjusted Income: 0
- Gross Rent Multiplier: 0
- Gross Scheduled Income: $52,800
- Insurance Expense: $0
- Net Operating Income: $38,721
- Other Expenses: $4,330
- Total Monthly Income: 4400
- Fuel Expense: $0
Unit 1
- Name Unit 1: A
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Square Feet Unit 1: 900
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 2
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: B
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Square Feet Unit 2: 900
- Rent Unit 2: $1,100.00
- Bedrooms Unit 2: 2
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: C
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Square Feet Unit 3: 900
- Rent Unit 3: $1,100.00
- Bedrooms Unit 3: 2
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: D
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Square Feet Unit 4: 900
- Rent Unit 4: $1,100.00
- Bedrooms Unit 4: 2
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3648.0
- Leasable Area Units: Square Feet
Property History for 4902 West Chestnut 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 4902 West Chestnut Avenue
Taxable ValueLand$98,300Additions$299,700Total$398,000
Tax Record2023$3,758 ($313 / month)
Home Facts
Baths4Total Finished SqFt3,648 SqFtAbove Ground SqFt3,648 SqFtStories1Lot Size10,019 SqFtStyleMulti-Family Dwelling (2-4)Year Built1969Year Renovated1977ZoningR2CountyYAKIMAAPN181321-44460
Schools near 4902 West Chestnut Avenue
This home is within Yakima School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Whitney Elementary School PublicPK to 5 | ||
Wilson Middle School Public6 to 8 | ||
Davis High School Public9 to 12 | ||
Eisenhower 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Bain
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.