925 E 18th Avenue Ellensburg, WA $ 5,500,000
925 E 18th Avenue
$ 5,500,000
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925 E 18th Avenue

Ellensburg, WA, 98926
$ 5,500,000
Baths0.0 Sq 31,200

Monthly Estimate*

$ 36,555

Listed by Kidder Mathews
925 E 18th Avenue, Ellensburg, WA 98926 - Image 1
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Studio

Multi-Family Home for sale in Ellensburg, WA

for $5,500,000. This 31,200 square foot home was built in 1966 on a lot size of 2.25.

Great investment opportunity for an apartment buyer looking to plant a flag in Eastern Washington or expand their portfolio. Located across the street from Central Washington University, buyers will benefit from strong in-place rents and fully maximize their returns with renovations.

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Multi-Family Active

Price

$ 5,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 39,592

Style

10+ Units

Lot Size

2.25

Year Built

1966

Town/City

Ellensburg

County/Region

Kittitas

MLS | Web ID

2194476

Features
General
Interior Features Wall to Wall Carpet
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing
Roof Flat See Remarks
Exterior Features Wood
HOA 0
Year Built 1966
View Mountain(s) Territorial
Property SubType Multi-Family
Tax Year 2023
County Kittitas
Net Operating Income 359904
Insurance Expense 21100
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Airport Road
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions 925 E 18TH AVE ELLENSBURG WA
City Ellensburg
Buyer Agent Compensation 1.5
View Y/N Y
Senior Community Y/N N
High School District Ellensburg
Open Parking Spaces 92
NumberOfUnitsTotal 3
MLS Area 948 - Upper Kittitas County
Lot Size Units Square Feet
Lot Size Square Feet 98010
Waterfront Y/N N
Carport Spaces 0
Carport Y/N N
Street Name 18th
Listing Terms Cash Out Conventional
Tax Annual Amount 39592
Electric Expense 6551
Fuel Expense 6551
Property Condition Good
Public Remarks Great investment opportunity for an apartment buyer looking to plant a flag in Eastern Washington or expand their portfolio. Located across the street from Central Washington University buyers will b
Leasable Area 31200
Virtual Tour https://simonandersonteam.com/listings/campus-village/
Structure Type Multi Family
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Water Company City of Ellensburg
Units Below Grade false
Units In Building Total 41
Zoning Class Commercial
Water Sewer Garbage 6551
Property Style 56 - 10+ Units
Cap Rate 6.5
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Interior
Flooring Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Avenue
Bedrooms Possible 62
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Paved Sidewalk
Water Source Public
Total Parking 92
Foundation Details Poured Concrete
Building Area Total 31200
Lot Dimensions 98010
Lot Size Acres 2.25
Covered Spaces 0
Open Parking Y/N Y
Irrigation Water Rights Y/N N
Site Features Deck Patio Sprinkler System
Parking Uncovered Spaces 92
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Internal Only
OriginalMLSID NWM2194476
Street Number 1 925
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* Excluded Features
List By
Winslow Lee

Listing Agent

Kidder Mathews

Broker

Affordability Calculator

$39,854
Per Month
92%
8%
0%
Monthly Principal & Interest
$36,555
Monthly Property Taxes
$3,299
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256722 Elementary School
258015 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2024$5,500,000 Listed Price

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925 E 18th Avenue, Ellensburg, WA, 98926 is a Multi-Family Home for sale at $5,500,000 with 31,200 sqft and a lot size of 2.25. 925 E 18th Avenue is a studio with 0.0 baths and was built in 1966. The property's zip code is 98926 which is in Ellensburg, WA