Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.
29 days
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403
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13
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Zillow last checked:
Listing updated:
Listed by:
Jordan Uecker,
Premier One Properties
Source: NWMLS as distributed by MLS GRID,MLS#: 2543188
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 5
Heating
Baseboard, Electric
Cooling
Window Unit(s)
Features
Flooring: Laminate, Vinyl, Carpet
Has fireplace: No
Interior area
Total structure area: 3,908
Total interior livable area: 3,908 sqft
Property
Parking
Total spaces: 5
Uncovered spaces: 5
Features
Has view: Yes
View description: City, Territorial
Lot
Size: 6,534 Square Feet
Features: Paved, Sidewalk, Fenced-Partially
Details
Parcel number: 222010534030
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: 5-9 Units
Property subtype: Multi Family
Materials
Stucco
Foundation: Poured Concrete
Roof: Composition
Condition
Good
Year built: 1913
Major remodel year: 1913
Utilities & green energy
Electric: Company: PUD
Sewer: Sewer Connected, Company: Wenatchee
Water: Public, Company: Wenatchee City Water
Community & HOA
Community
Subdivision: Wenatchee
Location
Region: Wenatchee
Financial & listing details
Price per square foot: $179/sqft
Annual tax amount: $5,365
Date on market: 7/13/2026
Cumulative days on market: 6 days
Listing terms: Conventional
Estimated market value
Zestimate®
$682,400
Estimated sales range
$648,000 - $717,000
Rent Zestimate®
$2,018/mo
Price history
Date
Event
Price
6/19/2026
Listed for sale
$700,000+20.7%$179/sqft
Source: NWMLS as distributed by MLS GRID #2543188Report a problem
9/3/2021
Sold
$580,000-4.8%$148/sqft
Source: NWMLS as distributed by MLS GRID #1798435Report a problem
7/22/2021
Pending sale
$609,000$156/sqft
Source: NWMLS as distributed by MLS GRID #1798435Report a problem
7/14/2021
Price change
$609,000-2.6%$156/sqft
Source: NWMLS as distributed by MLS GRID #1798435Report a problem
6/25/2021
Listed for sale
$625,000$160/sqft
Source: NWMLS as distributed by MLS GRID #1798435Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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