Presented by: John L. Scott Wenatchee and NWMLS
Property Description
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.
Interior Features
Bedrooms
Bedrooms Upper0
Bathrooms
Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0
Other Interior Features
Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringCeramic Tile, Laminate, Vinyl Plank, Carpet
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories2
General
AmenitiesCoin Op Laundry
Building Area Units0 sqft
Cap Rate8.89
Carport Spaces0
Carport Y/NNo
CityWenatchee
CoolingWall Unit(s), Window Unit(s)
CountyChelan
DirectionsFrom Chelan Ave turn R on 2nd St and R on N Cleveland. Property is on your left.
Electric Expense0
Fuel Expense0
Garage Spaces1
HOANo
HOA Fee$0
HeatingBaseboard
High School DistrictWenatchee
Insurance Expense2678
Leasable Area3,374 sqft
Listing TermsCash, Conventional, FHA, VA Loan
Living Area0 sqft
Lot Size Square Feet6,098 sqft
Lot Size UnitsSquare Feet
MLS Area971 - Wenatchee
NWM_ShowMapLinkY
Net Operating Income51265
New ConstructionNo
Number Of Units Total4
PossessionClosing, Subject To Tenant Rights
Possible UseMulti-Family, See Remarks
Property Style54 - 4-Plex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksWell-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, th
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameWenatchee
Tax Annual Amount$2,853
Tax Year2026
Units Below Gradetrue
Units In Building Total4
ViewMountains, Territorial
Virtual TourClick here
Water Sewer Garbage4944
Year Built1918
Zoning DescriptionMulti-Family, See Remarks
Exterior
Building Area Total2,874 sqft
Covered Spaces1
Exterior AmenitiesWood
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot FeaturesAlley, Curbs, Paved, Sidewalk
Lot Size Acres0.14
Parking Uncovered Total6
Site FeaturesDeck, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Rooftop Deck, Sprinkler System
Total Parking7
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Elementary School
N/A
Middle School
N/A
High School
N/A
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914 15th St #1
Anaccortes, WA 98221
Anaccortes, WA 98221