$475,000
Reduced $99,900 — was $574,900
616 Columbia Avenue
Bridgeport, WA 98813
Beds
—
Baths
—
Sq Ft
—
Lot
0.42 ac
Year built
1951
Type
Residential Income
Days listed
0
MLS #
2484253
About this home
Brand new roof on this Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this seven-unit apartment complex offers impressive returns with a strong 9.8% Net Cap Rate and Gross Rent Multiplier of 6.9! New improvements include a brand new commercial-grade TPO roof, interior remodels to three units, and new exterior paint. Lower operating costs and cheap utilities make this a high-efficiency investment. With the building totaling 4,228 square feet of one-level living, this property also features a shared laundry room and large backyard which includes a massive garden the tenants tend to. Located in a central area of Washington with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside. **Seller Financing Available** With reasonable financing terms from the Seller, you can acquire this great income-producing property AND keep the mortgage off your books, credit bureaus, debt to income ratios, etc. Leases and Financials available upon request. No Seller Equity Contract or Seller as Secondary Lein position Terms will be accepted whatsoever.
Exterior features
Schools
Elementary
Bridgeport Elem
Middle
Bridgeport Mid
High
Bridgeport High
Property details
- Heating
- Wall Furnace
- Cooling
- Window Unit(s)
- Flooring
- Vinyl Plank
- Water source
- Public
- Sewer
- Sewer Connected
Costs
- Annual taxes
- $1,850 (2026)
Estimate your monthly payment
$2,556/mo
- Principal & interest
- $2,402
- Property taxes
- $154
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Bridgeport, WA 98813
Approximate location. Contact us to confirm the exact address.
Listing courtesy of CB Cascade RE - Wenatchee— Paul Harrison.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.