Exceptional Investment Opportunity! This immaculate, turnkey tri-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $59,700 in annual gross income with an attractive 6% cap rate, this property presents an exceptional opportunity for investors. One of the units offers 1400 sq ft with two bathrooms while the other two offer 775 sq ft with one full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. The larger unit includes 2 covered parking spaces, and the two other units have one covered space and one uncovered space, providing ample off-street parking for residents. The property is fully rented and has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this tri-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.
Active
Listed by: Premier One Properties • Scott Thompson
$725,000
128 S Western Avenue #1, Wenatchee, WA 98801
7beds
4baths
2,976sqft
Triplex, Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$244/sqft
$-- HOA
What's special
Attractive finishesIn-unit laundryAll appliances includedQuality updates
- 2 days
- 155
- 11
Zillow last checked:
Listing updated:
Listed by:
Scott Thompson,
Premier One Properties,
Kelly L. Thompson,
Premier One Properties
Source: NWMLS as distributed by MLS GRID,MLS#: 2576746
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Forced Air, Heat Pump, Electric
Cooling
- Forced Air, Heat Pump
Features
- Flooring: Laminate, Vinyl Plank, Carpet
- Has fireplace: No
Interior area
- Total structure area: 2,976
- Total interior livable area: 2,976 sqft
Property
Parking
- Total spaces: 6
- Carport spaces: 4
- Uncovered spaces: 2
Features
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 9,583 Square Feet
- Features: Curbs, Paved, Sidewalk, Fenced-Partially, High Speed Internet, Patio, Sprinkler System
Details
- Parcel number: 222008520310
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Tri-plex
- Property subtype: Triplex, Multi Family
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1976
Utilities & green energy
- Electric: Company: Chelan County PUD
- Sewer: Sewer Connected, Company: City of Wenatchee
- Water: Public, Company: City of Wenatchee
- Utilities for property: Localtel
Community & HOA
Community
- Subdivision: Wenatchee
Location
- Region: Wenatchee
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $353,162
- Annual tax amount: $3,594
- Date on market: 9/2/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional
Estimated market value
Not available
Estimated sales range
Not available
$3,658/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/4/2026 | Listed for sale | $725,000+107.1%$244/sqft |
Source: | ||
| 2/21/2018 | Sold | $350,000$118/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,054 +0.4% | $353,162 -2.1% |
| 2023 | $3,041 -7% | $360,808 -2.1% |
| 2022 | $3,269 +2.9% | $368,452 +13.7% |
| 2021 | $3,178 -6.5% | $324,091 +0% |
| 2020 | $3,400 +13.6% | $323,991 +5.9% |
| 2018 | $2,993 -7.9% | $305,905 +12.5% |
| 2017 | $3,248 +13% | $271,846 -8.3% |
| 2016 | $2,873 | $296,514 -6.9% |
| 2015 | $2,873 | $318,551 +36.7% |
| 2013 | $2,873 | $233,023 -12.9% |
| 2012 | -- | $267,508 |
| 2011 | $2,702 +31.5% | $267,508 |
| 2010 | $2,055 | $267,508 +35.6% |
| 2008 | -- | $197,327 |
| 2007 | -- | $197,327 |
| 2006 | -- | $197,327 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98801
Nearby schools
Schools provided by the listing agent
- Elementary: John Newbery Elem
- Middle: Orchard Mid
- High: Wenatchee High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







