616 Columbia Avenue, Bridgeport, WA 98813

Bridgeport
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann Realty
Listed by: paul harrison, christina knapp
Office: cb cascade re - wenatchee
MLS#:2484253
Source:NWMLS
616 Columbia Avenue,Bridgeport, WA 98813
$475,000
  • - Beds
  • - Baths
  • 4,228 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$475,000
  • Price per sq. ft.:$112.35

About this home

Brand new roof on this Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this recently remodeled seven-unit apartment complex offers impressive returns with a STRONG 12% Net Cap Rate and TREMENDOUS Gross Rent Multiplier of 6.35! New improvements include a brand new commercial-grade TPO roof, interior remodels to units, and new exterior paint. Low operating costs and cheap utilities make this a high-efficiency investment. With the building totaling 4,228 square feet of one-level living, this property also features a shared laundry room and large backyard which includes a versatile 416 square foot shop for storage or additional income. Located in a central area of Washington with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside. **Seller Financing Available** With reasonable financing terms from the Seller, you can acquire this great income-producing property AND keep the mortgage off your books,...

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Home facts

  • Year built:1951
  • Listing ID #:2484253
  • Updated:May 24, 2026 at 11:06 AM

Rooms and interior

  • Flooring:Vinyl Plank
  • Living area:4,228 sq. ft.

Structure and exterior

  • Year built:1951
  • Building area:4,228 sq. ft.
  • Lot area:0.42 Acres
  • Construction Materials:Stucco Exterior Finish

Schools

  • High school:Bridgeport High
  • Middle school:Bridgeport Mid
  • Elementary school:Bridgeport Elem

Utilities

  • Water:Public
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$475,000
  • Price per sq. ft.:$112.35
  • Tax amount:$1,850 (2026)

Parking

  • Total parking spaces:12
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