Listed by CB Cascade - Lake Chelan, Bought with Blake Investment Advisors
$1,750,000
SOLD DEC 16, 2024

667 4th St NE Unit I & J East Wenatchee, WA 98802

-- Bed
-- Bath
9,016 Sq Ft
0.47 Acres

Recently Sold

$194 Per Sq Ft

3% Below List Price

79 Days on Market

Highlights

  • Deck
  • No HOA
  • Wall to Wall Carpet
  • Territorial View
  • Wood Siding
  • 5-minute walk to Eastmont Parks & Recreation

About This Home

As of December 2024

Excellent investment property centrally located in East Wenatchee, WA, consisting of two well maintained 4-Plex buildings. Very strong rental history with excellent tenants. Each unit has 2 bedrooms, 1 full bath, full kitchen with all appliances, washer and dryer, deck or patio, as well as storage closet and covered parking for each unit. Year end financial for 2023 as well as actual year to date financial for 2024 are available upon request.

Last Agent to Sell the Property

Jolene Baker

CB Cascade - Lake Chelan License #23634 Listed on: 08/01/2024

CB Cascade - Lake Chelan

Last Buyer's Agent

Gabe Blake

Blake Investment Advisors License #22018000

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2286118

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,362

Year Built

  • Built in 1994

Lot Details

  • 0.47 Acre Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 9,016 Sq Ft Home
  • 2-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Parking

  • 16 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Columbia Square Condos
  • East Wenatchee Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 51200000400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,362

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 54 - 4-Plex
  • Year Built: 1994
  • Buyer Agency Compensation: 2
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Columbia Square
  • New Construction: No
  • CalculatedSquareFootage: 9016
  • EffectiveYearBuiltSource: Public Records
  • Special Features: None
  • Cumulative Days on Market: 227

Interior Features

  • Possible Use: Office
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Laminate, Laminate Hardwood, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Storage

Exterior Features

  • Roof: Composition
  • View: Territorial
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: Quadruplex

Garage/Parking

  • Carport Spaces: 8
  • Carport Y N: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Total Parking Spaces: 16
  • ParkingUncoveredSpaces: 8

Utilities

  • Sewer: Sewer Connected
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: Douglas PUD
  • SewerCompany: Douglas County Sewer District
  • WaterCompany: East Wenatchee Water District
  • WaterSewerGarbage: 10740

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 51200000400
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20473
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck
  • MLSLotSizeSource: Assessors
  • MLSSquareFootageSource: Assessors
  • ZoningJurisdiction: City
  • ZoningClass: Office
  • LotNumber: 4

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 12
  • LeasedItems: None
  • TotalMonthlyIncome: 12455

Multi Family

  • Gross Scheduled Income: 149460
  • Net Operating Income: 120038
  • Number Of Units Total: 8
  • Electric Expense: 420
  • Insurance Expense: 5900
  • Leasable Area: 7072
  • EnergySource: Electric
  • UnitsInBuildingTotal: 8
  • UnitsBelowGrade: false
  • VacancyRate: 0

Tax Info

  • Year: 2024
  • Tax Annual Amount: 9362

MLS Schools

  • Elementary School: Buyer To Verify

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
12/16/2024 12/16/24 Sold $1,750,000 -2.8% $194 / Sq Ft
10/19/2024 10/19/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $1,800,000 +82.7% $200 / Sq Ft
10/07/2019 10/07/19 Sold $985,000 -6.2% --
06/28/2019 06/28/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $1,050,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2286118

Northwest Multiple Listing Service (NWMLS)