600 Douglas St Wenatchee, WA 98801
Estimated payment $6,184/month
Highlights
- Territorial View
- Corner Lot
- No HOA
- Wood Flooring
About This Home
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 over $11,000 in rents per month. Additional income from coin-op laundry too. ***That's a 10.3% NET CAP RATE & 7.87 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.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2475160
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,777
Year Built
- Built in 1920
Lot Details
- 9,583 Sq Ft Lot
- Corner Lot
- Property is in good condition
Home Design
- Poured Concrete
- Composition Roof
- Metal Roof
- Stucco
- Wood Composite
Interior Spaces
- 5,485 Sq Ft Home
- 3-Story Property
- Territorial Views
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 14 Bedrooms
- 10 Bathrooms
Utilities
- Window Unit Cooling System
Community Details
- No Home Owners Association
- Wenatchee Subdivision
Listing and Financial Details
- Assessor Parcel Number 222010590664
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/24/2026 02/24/26 | Pending | -- | -- | -- |
| 02/04/2026 02/04/26 | For Sale | $1,100,000 | 0.0% | $201 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 01/20/2025 01/20/25 | For Rent | -- | -- | -- |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2475160
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Ask me questions while you tour the home.