600 Douglas Street, Wenatchee, WA 98801
Local realty services provided by:ERA Skyview Realty
Listed by: paul harrison
Office: cb cascade - wenatchee
MLS#:2475160
Source:NWMLS
600 Douglas Street,Wenatchee, WA 98801
$1,100,000
- - Beds
- - Baths
- 5,485 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,100,000
- Price per sq. ft.:$200.55
About this home
The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in over $11,000 in rents per month. Additional income from coin-op laundry too. ***That's a 10.3% NET CAP RATE & 7.87 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every unit is separately metered. Additional benefits include garage for on-site storage and large basement where laundry and more storage is located. One of the tenants is an on-site groundskeeper who does upkeep of property and cleans units for new tenants at time of move out. He does all this for slightly reduced rent and would like to continue for the new owners. Huge benefit in this!! Central location gives tenants walking accessibility to healthcare, grocery stores, restaurants and entertainment. Financials and leases available upon request. 48-hour minimum notice for showings. Do not disturb tenants.
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Home facts
- Year built:1920
- Listing ID #:2475160
- Updated:February 16, 2026 at 09:50 PM
Rooms and interior
- Living area:5,485 sq. ft.
Heating and cooling
- Heating:Wall Unit(s)
Structure and exterior
- Roof:Composition, Metal
- Year built:1920
- Building area:5,485 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Buyer To Verify
- Middle school:Buyer To Verify
- Elementary school:Buyer To Verify
Utilities
- Water:Public
- Sewer:Sewer Connected
Finances and disclosures
- Price:$1,100,000
- Price per sq. ft.:$200.55
- Tax amount:$4,777 (2025)
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