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$695,000

113 Cleveland Avenue

Wenatchee, WA 98801

Active
Mountains viewTerritorial view

Beds

Baths

Sq Ft

Lot

0.14 ac

Year built

1918

Type

Residential Income

Days listed

29

MLS #

2564337

About this home

Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping, employment, and transportation, this investment property features separately metered units, helping minimize owner expenses. Tenants enjoy ample off-street parking, coin-operated laundry, and alley access. The Residential High zoning presents potential future development opportunities, with possible room for additional units (buyer to verify feasibility). Numerous updates throughout and consistent maintenance make this a turnkey investment with immediate income and long-term upside.

Exterior features

Wood

Property details

Heating
Baseboard
Cooling
Wall Unit(s), Window Unit(s)
Flooring
Ceramic Tile, Laminate, Vinyl Plank, Carpet
View
Mountains, Territorial
Lot
Alley, Curbs, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected

Costs

Annual taxes
$2,853 (2026)

Estimate your monthly payment

$3,752/mo

Principal & interest
$3,514
Property taxes
$238
Loan amount $556,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Wenatchee, WA 98801

Approximate location. Contact us to confirm the exact address.

Listing courtesy of John L. Scott Wenatchee— Nicole Begin.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.

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