Listing provided courtesy of CB Cascade RE - WenatcheeNWMLSMLS# NWM2475160MLS Provider
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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 $11,700 in rents per month. Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 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.

Source: NWMLS, MLS#: NWM2475160

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  • Property Type
    Residential Income
  • Lot
    0.22 acres

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  • Median Age
    36
  • Population Density
    264
  • College Educated
    37%
  • Estimated Median Income
    $62,595
  • Estimated Total Home Owners
    9,870
  • Estimated Total Renters
    6,884
  • Owner / Renter Divide
    59% / 41%
  • Estimated Average Household Size
    3
  • Total Population
    43,799
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 600 Douglas Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/26/2026Source: NWMLS Status Change
Pending - Backup Offer Requested
5/10/2026Source: NWMLS Status Change
Pending
3/24/2026Source: NWMLS Status Change
Active
2/25/2026Source: NWMLS Status Change
Pending Inspection
2/4/2026Source: NWMLS Added to Database
February 04, 2026