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  • Listed by: Nick McLean Real Estate Group • Kimberly Miller • 509-264-7282
    $349,000

    331 S Malaga Avenue, Wenatchee, WA 98801

    3beds
    2baths
    1,320sqft
    : 
    $2,276/mo
    Get pre-qualified
    Duplex, Multi Family
    Built in 1928
    -- sqft lot
    $344,200 Zestimate®
    $264/sqft
    $-- HOA

    What's special

    Convenient on-site parkingTwo separate unitsOne bathroomOwn private laundryPrivate laundry
    Owner financing available with acceptable terms! Excellent investment opportunity with this affordable duplex in the heart of Wenatchee, conveniently located just minutes from downtown. This income-producing property features two separate units, both currently rented. The main level offers two bedrooms, one bathroom, private laundry, a dishwasher, durable and low-maintenance luxury vinyl plank flooring, and convenient on-site parking. The lower-level unit features one bedroom, one bathroom, and its own private laundry. Ideally situated near schools, shopping, restaurants, and local parks, with easy access to the Apple Capital Loop Trail, Columbia River waterfront, Pybus Public Market, and the vibrant downtown Wenatchee district. Enjoy year-round recreation with nearby hiking and biking trails, golf courses, wineries, and skiing at Mission Ridge. An excellent opportunity to expand your investment portfolio or explore the potential for owner occupancy while generating rental income. Both units are currently leased, with the upper-level lease expiring October 2026 and the lower-level lease expiring January 2027. Buy as an investment property or buy for yourself to live in while renting out the other.
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Miller 509-264-7282 office@nickmclean.com,

    Nick McLean Real Estate Group

    Source: NWMLS as distributed by MLS GRID,MLS#: 2597467MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Baseboard, Electric
      Cooling
      • Window Unit(s)
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,320
      • Total interior livable area: 1,320 sqft

      Property

      Parking
      • Total spaces: 4
      • Uncovered spaces: 4
      Features
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 3,484 Square Feet
      • Features: Fenced-Partially
      Details
      • Parcel number: 222010748115
      • Zoning description: Residential,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Duplex
      • Property subtype: Duplex, Multi Family
      Materials
      • Wood Siding
      • Roof: Composition
      Condition
      • Year built: 1928

      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: $264/sqft
      • Tax assessed value: $274,461
      • Annual tax amount: $2,460
      • Date on market: 10/22/2026
      • Listing terms: Conventional,VA Loan

        Estimated market value

        $344,200

        $327,000 - $361,000

        $2,068/mo

        Price history

        DateEventPrice
        10/22/2026Listed for sale$349,000+83.7%$264/sqft
        Source: NWMLS as distributed by MLS GRID #2597467 Report a problem
        4/24/2024Sold$190,000+91.9%$144/sqft
        Source: Public Record Report a problem
        1/16/2009Sold$99,000$75/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,461 +28.9%$274,461 +27.1%
        2024$1,909 +5%$215,935 +0.5%
        2023$1,817 +3.7%$214,803 +9.2%
        2022$1,753 +6.5%$196,642 +17.7%
        2021$1,646 +17.2%$167,036 +25.7%
        2020$1,404 +10.4%$132,849 +2.8%
        2018$1,272 +3.1%$129,228 +26%
        2017$1,234 +78.5%$102,541 +7%
        2016$691 $95,835 +35.9%
        2015$691 $70,526 -5.5%
        2013$691 $74,605 +24.8%
        2012-- $59,801 -4%
        2011$688 -3%$62,294 -8.6%
        2010$709 $68,141 +72.8%
        2008-- $39,437
        2007-- $39,437
        2006-- $39,437
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 98801

        Getting around

        78 / 100
        Very Walkable
        55 / 100
        Good Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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