This listing courtesy of Paul Harrison , CB Cascade - Wenatchee
$1,100,000

600 Douglas Street, Wenatchee, WA 98801

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
April 30, 2026 at 4:21AM
Listing Office:
CB Cascade - Wenatchee : 509-888-8887
Listing Agent:
Paul Harrison : 509-888-8887
MLS ID:
2475160
  • Flooring: HardwoodLaminateVinylCarpet
  • A/C: Window Unit(s)
  • Heating: Wall Furnace
  • Fireplace: Fireplaces: 0
  • General: StuccoWood Products
  • Parking: Parking spaces: 7
  • Roofing: CompositionMetal
  • General: 55 - 5-9 UnitsPoured Concrete
  • HOA Amenities: 0.0
  • Originating MLS: nwmls
  • School District: Wenatchee
  • County: Chelan
  • Zoning: 222010590664
  • View: MountainsTerritorialView
  • Water: Public
  • Sewer: Sewer Connected
  • Source: nwmls

This listing courtesy of Paul Harrison , CB Cascade - Wenatchee

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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