Listed by HomeSmart
$665,000

490 N Colorado Ave East Wenatchee, WA 98802

Estimated payment $3,844/month

Total Views 228
8 Beds
8 Baths
3,640 Sq Ft
$183 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Territorial View
  • Patio
  • Partially Fenced Property

About This Home

Attention Investors and Owner Occupied Buyers - Want to own your own home with steady rental income? Check out this hidden jewel in the heart of East Wenatchee. Well maintained 4-plex featuring townhouse-style 910 sf units, each with 2 bdrm, 1.5 bath with washer/dryer hookups, decks for each bedroom with a semi private patio off the living room, central heat and air, and 2 parking spots. Mature landscaping with partially fenced and gated, spacious backyard and sprinkler system. No worries about vacancy here. Last advertised unit had multiple applications. Located a few blocks from the WV Mall and all services. A perfect opportunity to participate in the tremendous growth of the vibrant and beautiful Wenatchee Valley.

Listing Agent

Melody Shipley

HomeSmart License #137303 Listed on: 09/30/2025

HomeSmart

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2434010

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 1972

Lot Details

  • 0.35 Acre Lot
  • Partially Fenced Property
  • Sprinkler System
  • Property is in average condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,640 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • East Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 40100003303

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,812

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1972
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 3640
  • EffectiveYearBuiltSource: Public Records
  • Special Features: BrokerOpen

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Average
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Y N: No
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Central A/C
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Douglas PUD
  • SewerCompany: Douglas Co Sewer
  • WaterCompany: East Wenatchee Water Dist

Condo/Co-op/Association

  • Senior Community: No
  • Association: No
  • Common Interest: Multi-Family

Schools

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

Lot Info

  • Parcel Number: 40100003303
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15246
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Outbuildings,Patio,Sprinkler System
  • MLSLotSizeSource: Public
  • ZoningJurisdiction: City
  • LotNumber: 33

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 15.39
  • LeasedItems: None
  • TotalMonthlyIncome: 3600

Tax Info

  • Year: 2025
  • Tax Annual Amount: 3812

Multi Family

  • Number Of Units Total: 4
  • EnergySource: Electric
  • UnitsBelowGrade: false

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

Property History

Date Event Price Change Sq Ft Price
09/30/2025 09/30/25 For Sale $665,000 -- $183 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2434010

Northwest Multiple Listing Service (NWMLS)