NOT LISTED FOR SALE

490 9th St NE East Wenatchee, WA 98802

-- Bed
-- Bath
16,640 Sq Ft
0.97 Acres

Last Sold June 30, 2022

Last sale price $4,935,000 $297 Per Sq Ft

20 Days on Market

Highlights

  • No HOA
  • Vinyl Plank Flooring
  • Wood Siding

About This Home

As of June 2022

Multi-family investment opportunity in East Wenatchee. Two parcels with two buildings comprised of 32 one bedroom units. Ample parking.

Last Listed By

Joe Kinkopf

Northmarq Commercial, LLC Listed on: 03/15/2022

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1901864

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,888

Year Built

  • Built in 1977

Lot Details

  • 0.97 Acre Lot

Home Design

  • Flat Roof Shape
  • Wood Siding

Interior Spaces

  • 16,640 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Vinyl Plank

Parking

  • 36 Parking Spaces
  • Open Parking

Community Details

  • No Home Owners Association
  • East Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40100001502

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,888

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1977
  • Buyer Agency Compensation: 2.0
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 16640
  • Special Features: None
  • Cumulative Days on Market: 263

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Vinyl Plank, Carpet
  • Interior Amenities: Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Wood
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 36
  • Open Parking: Yes
  • Total Parking Spaces: 36
  • ParkingUncoveredSpaces: 36

Utilities

  • Sewer: Sewer Connected
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Electric
  • WaterSewerGarbage: 39741

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Eastmont

Lot Info

  • Parcel Number: 40100001502
  • Lot Size Acres: 0.97
  • Lot Size Sq Ft: 42253
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • MLSLotSizeSource: MLS Realist
  • ZoningJurisdiction: County
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 35462

Multi Family

  • Gross Scheduled Income: 425544
  • Net Operating Income: 258800
  • Number Of Units Total: 4
  • Insurance Expense: 5244
  • Leasable Area: 16640
  • EnergySource: Electric
  • UnitsInBuildingTotal: 32
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2021
  • Tax Annual Amount: 23888
  • AdditionalTaxIds: 40100001508

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $4,935,000 -4.2% $297 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $5,150,000 -- $309 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Kinkopf

    Seller's Agent in 2022

    Joe Kinkopf

    Northmarq Commercial, LLC

    (206) 321-8344

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1901864

Northwest Multiple Listing Service (NWMLS)

APN: 40100001502

Washington Douglas County East Wenatchee 98802

490 9th St NE, East Wenatchee, WA

Homes for Sale in East Wenatchee, WA

This home is located at 490 9th St NE, East Wenatchee, WA 98802 since 15 March 2022. This property was built in 1977. 490 9th St NE is a home located in Douglas County with nearby schools including Sterling Intermediate School, Kenroy Elementary School, and Lee Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. ©2025 NWMLS.