Listed by Premier One Properties
$535,000
$12K PRICE DROP

408 S Wenatchee Ave Wenatchee, WA 98801

Estimated payment $3,167/month

Total Views 14,155
-- Bed
-- Bath
3,120 Sq Ft
$171 Price per Sq Ft

Highlights

  • Territorial View
  • Thermal Windows
  • Property is Fully Fenced
  • No HOA
  • Stone Flooring
  • 4-minute walk to Centennial Park

About This Home

Opportunity Knocks on this 7 unit property. Commercial office space + a mix of multi family. 3120 Square feet with 4 units on the main level with separate entrances & 3 upstairs with shared entry. Private baths and living space with kitchenette in each unit. Sure to satify your cap rate and long term investment plans while equity continues to grow. Excellent location near the Market, Columbia Station transit, and Lighthouse ministries. Only blocks from Wenatchee Apple Capital Loop trail, businesses and restaurants. Catch the vision to support affordable housing in this orignal and historic gem of the ever improving South Wenatchee district. New Roof, Insulation, Windows, Doors, Exterior and Interior Paint, Lighting & more. Flooring needed.

Last Listed By

Deanne Lipp

Premier One Properties License #21009148 Listed on: 05/23/2025

Premier One Properties

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2381082

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,139

Year Built

  • Built in 1910

Lot Details

  • 6,098 Sq Ft Lot
  • Property is Fully Fenced

Property Views

  • Territorial
  • Limited

Home Design

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

Interior Spaces

  • 3,120 Sq Ft Home
  • 2-Story Property
  • Thermal Windows

Flooring

  • Stone
  • Vinyl

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Heat Pump System

Community Details

  • No Home Owners Association
  • South Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 222010815316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,139

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1910
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3120
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 18

Interior Features

  • Possible Use: Commercial, Office
  • Fireplace: No
  • Flooring: Stone, Vinyl
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Thermal Windows

Exterior Features

  • Roof: Composition
  • View: Partial, Territorial
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete, Slab
  • Structure Type: Multi Family

Garage/Parking

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

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Fully Fenced
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee
  • WaterSewerGarbage: 1200

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Wenatchee
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 222010815316
  • Lot Size Acres: 0.14
  • Lot Size: .140 acre/6098 sf
  • Lot Size Sq Ft: 6098
  • Zoning Description: Commercial,Office
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully
  • MLSLotSizeSource: Assessor
  • MLSSquareFootageSource: Assessor
  • ZoningJurisdiction: City
  • LotNumber: 4

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 3900

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2139

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 1500
  • Insurance Expense: 1200
  • Leasable Area: 2736
  • EnergySource: Electric
  • UnitsBelowGrade: false
  • VacancyRate: 0

MLS Schools

  • Elementary School: Buyer To Verify

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 $1,398 $141,545 $85,378 $56,167
2020 $1,248 $120,264 $73,181 $47,083
2019 $1,150 $119,812 $73,181 $46,631
2018 $1,421 $116,646 $73,181 $43,465
2017 $1,403 $118,317 $73,181 $45,136
2016 $1,572 $127,002 $67,082 $59,920
2015 $1,572 $132,488 $67,082 $65,406
2013 $1,572 $146,576 $67,082 $79,494
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $547,200 +106.5% $175 / Sq Ft
12/12/2023 12/12/23 Sold $265,000 -11.4% $85 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $299,000 0.0% $96 / Sq Ft
11/23/2023 11/23/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $299,000 +12.8% $96 / Sq Ft
11/14/2023 11/14/23 Off Market $265,000 -- --
11/09/2023 11/09/23 Price Changed $299,000 -8.0% $96 / Sq Ft
11/03/2023 11/03/23 For Sale $325,000 0.0% $104 / Sq Ft
10/30/2023 10/30/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $325,000 -- $104 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2381082

Northwest Multiple Listing Service (NWMLS)

APN: 222010815316