600 Douglas St Wenatchee, WA 98801
Estimated payment $6,116/month
Highlights
- Mountain View
- Corner Lot
- No HOA
- Wood Flooring
About This Home
The Financials are strong with this one!! Nine-unit complex in Wenatchee's Historic District now 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*** Common area and most units have been recently remodeled. Nine-unit complex spans three addresses: 600 Douglas St, 608 Douglas St, and 612 Idaho St. 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
Property Views
- Mountain
- Territorial
Home Design
- Poured Concrete
- Composition Roof
- Metal Roof
- Stucco
- Wood Composite
Interior Spaces
- 5,485 Sq Ft Home
- 3-Story Property
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- 10 Bathrooms
Utilities
- Window Unit Cooling System
- Heating System Mounted To A Wall or Window
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 |
|---|---|---|---|---|
| 02/04/2026 02/04/26 | For Sale | $1,100,000 | -- | $201 / Sq Ft |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2475160
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