$419,900

4 Beds 2 Baths 1,622 SQFT 0.18 Acres
Type: Multi-Family

1900 -1902 N Regal Street
Ellensburg, WA 98926

MLS#: 2543194
Presented by: Coldwell Banker Central and NWMLS

Property Description

 

This duplex generates $2,500 per month in gross rental income and offers a proven history of consistent occupancy with low tenant turnover. Each unit features 2 bedrooms, 1 bathroom, in-unit laundry, a single-car garage, and a large private yard space that has been a major draw for tenants.Tenants pay all utilities and are responsible for yard maintenance, helping keep operating expenses low. Recent improvements include a new water line for Unit 1902 (2025), roof overlay, and new flooring and carpet in Unit 1900. Located in a neighborhood comprised primarily of duplex properties and bordered by Mercer Creek. Current flood insurance premium is approximately $410 per year.With stable cash flow already in place, this property presents an attractive opportunity for investors seeking value-add potential through future rent increases, cosmetic improvements, and possible reconfiguration of existing garage space, subject to buyer verification and applicable regulations. A solid income-producing asset with desirable tenant amenities, strong rental history, and potential for future appreciation and income growth.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NNo
Fireplace Y/NNo
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate5.9
Carport Spaces0
Carport Y/NNo
CityEllensburg
CoolingNone
CountyKittitas
DirectionsFrom Main and University Wy head east on University Way to Wildcat way head north on Wildcat way to 18th turn Left (west) on 18th to Regal St and turn North. Property on right hand side of road.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces2
HOANo
HOA Fee$0
HeatingBaseboard, Wall Furnace
High SchoolBuyer To Verify
High School DistrictEllensburg
Insurance Expense1100
Leasable Area2,022 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet7,841 sqft
Lot Size UnitsSquare Feet
MLS Area949 - Lower Kittitas County
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income24875
New ConstructionNo
Number Of Units Total2
PossessionClosing, Subject To Tenant Rights
Possible UseResidential
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksThis duplex generates $2, 500 per month in gross rental income and offers a proven history of consistent occupancy with low tenant turnover. Each unit features 2 bedrooms, 1 bathroom, in-unit laundry, a
RoofComposition
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision Name18th/Ellensburg
Tax Annual Amount$3,614
Tax Year2026
Units Below Gradefalse
Units In Building Total2
Water CompanyCity of Ellensburg
Water Sewer Garbage0
Waterfront FeaturesCreek
Year Built1988
Zoning DescriptionResidential

Exterior

Building Area Total1,622 sqft
Covered Spaces2
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk
Lot Size Acres0.18
Parking Uncovered Total3
Site FeaturesCable TV, Patio
Total Parking5
Water SourcePublic
Waterfront Y/NYes

Additional Details

Price History

Schools 

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

  

Similar Properties

$419,900

4 Beds 2 Baths 1,622 SQFT 0.18 Acres
Type: Multi-Family

1900 -1902 N Regal Street
Ellensburg, WA 98926

MLS#: 2543194