Provided by NWMLS, Bought with HomeSmart Real Estate Assoc and Listed by Paul Harrison, 509-888-8887 at CB Cascade RE - Wenatchee

5,485 sqft

$900,000

600 Douglas Street, Wenatchee WA, 98801

Price per sqft$164.08

Built in1920

Property size5,485 sqft

Property typeMulti-family

Overview

Sold

Updated 4 weeks ago

The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in $11,700 in rents per month. Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every unit is separately metered. Additional benefits include garage for on-site storage and large basement where laundry and more storage is located. One of the tenants is an on-site groundskeeper who does upkeep of property and cleans units for new tenants at time of move out. He does all this for slightly reduced rent and would like to continue for the new owners. Huge benefit in this!! Central location gives tenants walking accessibility to healthcare, grocery stores, restaurants and entertainment. Financials and leases available upon request. 48-hour minimum notice for showings. Do not disturb tenants.

Additional information

MLS^® ID: 2475160

Interior Features

Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.22 Acres

Other Property Details

Taxes: $6,653
Tax Frequency: Annually
View: Yes
55+/Senior Community: No

Provided by NWMLS, Bought with HomeSmart Real Estate Assoc and Listed by Paul Harrison, 509-888-8887 at CB Cascade RE - Wenatchee

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/5/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/5/2026 at 1:11 PM UTC . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Data last updated on 10/5/2026 at 1:11 PM UTC