About this home

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.

Exterior features

Property details

Heating

Baseboard

Cooling

Window Unit(s)

Flooring

Laminate, Vinyl, Carpet

View

City, Territorial

Lot

Paved, Sidewalk

Water source

Public

Sewer

Sewer Connected

Costs

Annual taxes

$5,365 (2026)

Location

Wenatchee, WA 98801