600 Douglas Street, Wenatchee, WA 98801

Wenatchee
Local realty services provided by:Better Homes and Gardens Real Estate Gary Mann 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 $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....

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Home facts

  • Year built:1920
  • Listing ID #:2475160
  • Updated:March 27, 2026 at 01:43 AM

Rooms and interior

  • Flooring:Carpet, Hardwood, Laminate, Vinyl Floor
  • Living area:5,485 sq. ft.

Structure and exterior

  • Roof:Composition, Metal
  • Year built:1920
  • Building area:5,485 sq. ft.
  • Lot area:0.22 Acres
  • Lot Features:Alley, Corner, Curbed Lot, Paved, Sidewalk
  • Construction Materials:Stucco Exterior Finish, Wood Products Exterior Finish

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:$6,653 (2025)
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