600 Douglas Street, Wenatchee, WA 98801

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 over $11,000 in rents per month. Additional income from coin-op laundry too. ***That's a 10.3% NET CAP RATE & 7.87 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:

Pending

Data Last Updated:

March 7, 2026 at 7:19AM

Listing Office:

CB Cascade - Wenatchee : 509-888-8887

Listing Agent:

Paul Harrison : 509-888-8887

MLS ID:

2475160

Interior

• Flooring: HardwoodLaminateVinylCarpet
• A/C: Window Unit(s)
• Heating: Wall Unit(s)
• Fireplace: Fireplaces: 0

Exterior

• General: StuccoWood Products
• Parking: Parking spaces: 7

Construction

• Roofing: CompositionMetal
• General: 55 - 5-9 UnitsPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Wenatchee
• County: Chelan

Lot

• Zoning: 222010590664
• View: Mountain(s)TerritorialView

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls