Listed by CB Cascade RE - Wenatchee, Bought with HomeSmart Real Estate Assoc
$900,000
SOLD JUL 31, 2026
13 Beds
10 Baths
5,485 Sq Ft
9,583 Sq Ft Lot

Sale Details

Date Sold: July 31, 2026

$164 Per Sq Ft

18% Below List Price

Highlights

  • Mountain View
  • Corner Lot
  • Wood Siding
  • Wood Flooring
  • No HOA

About This Home

As of July 2026

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 $11,700 in rents per month. Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 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.

Last Agent to Sell the Property

Paul Harrison

CB Cascade RE - Wenatchee License #20114389 Listed on: 02/04/2026

CB Cascade RE - Wenatchee

Last Buyer's Agent

Brian Kreick

HomeSmart Real Estate Assoc License #2119

HomeSmart Real Estate Assoc

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2475160

Northwest Multiple Listing Service (NWMLS)
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,653

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
  • Wood Siding
  • 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
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Wenatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 222010590664

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,653

Year Built

Built in 1920

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1920
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • CalculatedSquareFootage: 5485
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family, Residential
  • Total Bedrooms: 13
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Basement,Coin Op Laundry,Storage

Exterior Features

  • Roof: Composition, Metal
  • View: Mountains, Territorial
  • Lot Features: Alley, Corner Lot, Curbs, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco, Wood
  • Exterior Features: Stucco, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good

Garage/Parking

  • Carport Y N: No
  • Open Parking: No
  • Total Parking Spaces: 7

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • PowerCompany: Chelan County PUD
  • SewerCompany: City of Wenatchee
  • WaterCompany: City of Wenatchee

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: 222010590664
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583
  • Zoning Description: Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Assessor's Site
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 7.84
  • LeasedItems: None
  • TotalMonthlyIncome: 11735

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6653

Multi Family

  • Number Of Units Total: 10
  • Electric Expense: 4000
  • EnergySource: Electric
  • UnitsBelowGrade: false

MLS Schools

  • Elementary School: Buyer To Verify

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2026 07/31/26 Sold $900,000 -18.2% $164 / Sq Ft
05/09/2026 05/09/26 Pending -- -- --
03/24/2026 03/24/26 For Sale $1,100,000 0.0% $201 / Sq Ft
02/24/2026 02/24/26 Pending -- -- --
02/04/2026 02/04/26 For Sale $1,100,000 -- $201 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2475160

Northwest Multiple Listing Service (NWMLS)
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