Listed by HomeSmart
$1,650,000

1201 Monitor St Wenatchee, WA 98801

Estimated payment $9,900/month

Total Views 43,675
11 Beds
7 Baths
5,215 Sq Ft
$316 Price per Sq Ft

Highlights

  • Mountain View
  • Corner Lot
  • Patio
  • Deck
  • No HOA
  • Ceramic Tile Flooring

About This Home

This prime turnkey 5-unit property, originally built and updated in 2013, showcases solid craftsmanship, with every aspect modernized to contemporary standards. Featuring a triplex and a spacious, upgraded townhome duplex, it offers versatile options—live in one townhome while renting out the other, or utilize all units as income-generating rentals, each equipped with separate utilities for easy management. The townhomes include covered parking & garage. Zoned Residential High, the property allows for the parcel to be split into two, separating the triplex from the townhomes, further increasing its potential. With its modern upgrades and strategic design, this property presents an exceptional investment opportunity that’s not to be missed!

Last Listed By

Jeffrey Hallman

HomeSmart License #82831 Listed on: 12/20/2024

HomeSmart

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2317063

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,168

Year Built

  • Built in 2013

Lot Details

  • 8,276 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Property is in very good condition

Property Views

  • Mountain
  • Territorial

Home Design

  • Block Foundation
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 5,215 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Bathrooms

Parking

  • 6 Parking Spaces
  • 1 Covered Space
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Abraham Lincoln Elementary School
  • Orchard Mid Middle School
  • Wenatchee High School

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222015700135

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,168

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 2013
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 5215
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 176

Interior Features

  • Possible Use: Multi-Family
  • Total Bedrooms: 11
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Mountain(s), Territorial
  • Lot Features: Corner Lot
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete, Wood
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Block, Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Open Parking Spaces: 5
  • Open Parking: Yes
  • Total Parking Spaces: 6
  • ParkingUncoveredSpaces: 5

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Ductless HP-Mini Split
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless HP-Mini Split
  • Heating Yn: Yes
  • PowerCompany: PUD
  • SewerCompany: City
  • WaterCompany: CIty
  • CableConnected: LocalTel
  • InternetConnected: LocalTel
  • WaterSewerGarbage: 0

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Wenatchee
  • High School: Wenatchee High
  • Middle Or Junior School: Orchard Mid

Lot Info

  • Parcel Number: 222015700135
  • Lot Size Acres: 0.19
  • Lot Size: 170 L x 48" W
  • Lot Size Sq Ft: 8276
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Owner
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 6.18
  • LeasedItems: None
  • TotalMonthlyIncome: 8500

Multi Family

  • Gross Scheduled Income: 102000
  • Net Operating Income: 89832
  • Number Of Units Total: 5
  • Insurance Expense: 3500
  • Leasable Area: 515
  • EnergySource: Electric
  • UnitsInBuildingTotal: 5
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8168

MLS Schools

  • Elementary School: Abraham Lincoln Elem

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2021 $5,758 $588,668 $69,600 $519,068
2020 $4,321 $450,846 $55,000 $395,846
2019 $4,383 $418,757 $57,000 $361,757
2018 $5,550 $448,735 $50,000 $398,735
2017 $5,759 $465,422 $50,000 $415,422
2016 $1,498 $525,175 $50,000 $475,175
2015 $1,498 $358,501 $42,500 $316,001
2013 $1,498 $293,805 $50,000 $243,805
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 For Sale $1,650,000 -- $316 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Warranty Deed -- North Meridian Title & Escro
Contract Of Sale $105,000 Pioneer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $280,000 New Conventional
Closed $41,000 Unknown
Closed -- No Value Available
Previous Owner $45,000 Unknown
Previous Owner $200,000 New Conventional
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2317063

Northwest Multiple Listing Service (NWMLS)

APN: 222015700135