120 N Miller Street, Wenatchee, WA 98801

Wenatchee
Local realty services provided by:Imagine Realty ERA Powered
Listed by: steve fischer
Office: northmarq multifamily, llc.
MLS#:2598658
Source:NWMLS
120 N Miller Street,Wenatchee, WA 98801
$2,750,000
  • - Beds
  • - Baths
  • 16,000 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$171.88

About this home

We are pleased to present Miller's Edge, a 14-unit multifamily portfolio in central Wenatchee spread across five separate parcels: three duplexes at 120, 210 and 214 N Miller St (210 and 214 are adjacent) and two adjacent fourplexes at 314 and 320 N Emerson Ave. Built between 1984 and 1988, the portfolio offers spacious two-bedroom floorplans, with eight 2 bed/1 bath units of approximately 1,000 to 1,200 SF and six 2 bed/1.5 bath units of approximately 1,200 SF, totaling approximately 16,000 net rentable SF, plus 14 carport spaces.The portfolio is 100% occupied and offered at $2,750,000 (approx. $196,000 per unit and $172 per SF), a 5.98% in-place cap rate and 9.75 GRM. Current rents average approximately $1,679 per unit against market rents of approximately $1,744, and a utility bill-back (RUBS) program offers additional income upside.Centrally located with convenient access to regional employment centers, schools, retail amenities and outdoor recreation, the properties benefit from...

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Home facts

  • Year built:1984
  • Subdivision & Development:Wenatchee
  • Listing ID #:2598658
  • Updated:October 28, 2026 at 12:02 PM

Rooms and interior

  • Living area:16,000 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Composition
  • Year built:1984
  • Building area:16,000 sq. ft.
  • Lot area:0.91 Acres
  • Lot Features:Paved, Sidewalk
  • Construction Materials:Wood Exterior Finish
  • Exterior Features:Fenced-Partially

Schools

  • High school:Wenatchee High
  • Middle school:Foothills Mid
  • Elementary school:Lewis And Clark Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$171.88
  • Tax amount:$19,469 (2026)

Parking

  • Total parking spaces:14
  • Carport spaces:14
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