Presented by: Keller Williams Eastside and NWMLS
Property Description
Four-unit multifamily investment opportunity in Granger, WA, overlooking the Yakima River and minutes from downtown Granger. The property is currently 50% occupied, with one additional unit completed and ready for occupancy and one unit recently vacated in September 2026, providing near-term lease-up potential. During 2025, when fully occupied, the property generated approximately $72,000 in gross income and $50,000 in NOI. Located on a quiet street near new development, this fourplex combines existing rental income with an opportunity to restore full occupancy. Buyer to verify income, expenses, rents, occupancy and all investment-related information.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
Building Area Units0 sqft
Cap Rate5.9
Carport Spaces0
Carport Y/NNo
CityGranger
CoolingWall Unit(s)
CountyYakima
DirectionsEast or Westbound on I-82: Take exit 58 for WA-223 S. Turn Right onto WA-223 S. Turn left onto E 3rd St. Turn right onto Cherry Hill Rd. Continue onto Emerald Rd - 321 Emerald Road is 0.4 mi up.
Electric Expense0
Elementary SchoolRoosevelt Elementary
Fuel Expense0
Garage Spaces4
HOANo
HOA Fee$0
HeatingForced Air
High SchoolGranger High
High School DistrictGranger
Insurance Expense3141
Leasable Area4,580 sqft
Listing TermsCash, Conventional, Owner Will Carry
Living Area0 sqft
Lot Size Square Feet12,197 sqft
Lot Size UnitsSquare Feet
MLS Area475 - Yakima County
Middle/Junior High SchoolGranger Mid
NWM_ShowMapLinkY
Net Operating Income52415
New ConstructionNo
Number Of Units Total4
PossessionClosing
Possible UseMulti-Family
Property ConditionVery Good
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksFour-unit multifamily investment opportunity in Granger, WA, overlooking the Yakima River and minutes from downtown Granger. The property is currently 50% occupied, with one additional unit completed an
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameGranger
Tax Annual Amount$6,606
Tax Year2025
Units Below Gradefalse
Units In Building Total4
Water CompanyGranger Public Works
Water Sewer Garbage0
Year Built2018
Zoning DescriptionMulti-Family
Exterior
Building Area Total5,460 sqft
Covered Spaces0
Exterior AmenitiesWood
Irrigation Water Rights Y/NNo
Lot Number4
Lot Size Acres0.28
Parking Uncovered Total4
Total Parking4
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
Roosevelt Elementary
High School
Granger High
Middle School
Granger Mid
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Contact
914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221