18547 Camp 12 Road, Leavenworth, WA 98826

$875,000
2,576
SqFt

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Listing courtesy of Engel & Voelkers Mercer Island.

List Price
$875,000
Status
ACTIVE
MLS#
2537918
Days on Market
48
Style
53 - Tri-plex
Building Condition
Very Good
Finished SqFt
2,576
Area Total SqFt
2576
Annual Tax Ammount
5311
Lot Size (sq ft)
217,800
Sewer
Septic Tank

Property Description

Investment opportunity with an established triplex generating income from long-term tenants on 5 irrigated acres. Whether you're looking to expand your investment portfolio, secure a property with immediate cash flow, or create a future homesite with acreage, this versatile property offers both income and potential. The triplex consists of three residential units is offered fully furnished, including all appliances and washer/dryer sets in each unit. With tenants already in place, a new owner can benefit from existing rental income from day one while exploring future possibilities for the property. The usable acreage is served by a shared well and irrigation water, providing room to enjoy a rural lifestyle, establish gardens or hobby farming, or simply hold as a long-term investment. The combination of income-producing residential units and acreage creates a unique opportunity that is increasingly difficult to find. Conveniently located while offering the space and privacy of country living, this property appeals to investors, multi-generational living arrangements, or buyers seeking a blend of income and land ownership. Continue operating the property as a successful rental investment or explore the possibilities that come with owning five usable acres in a desirable setting.

Additional Information

List Date
2026-06-09 17:04:15
Community
Plain
Net Operating Income
$56,298
Gross Adjusted Income
$60,480
Gross Scheduled Income
$67,200
Total Monthly Income
$5,600
Insurance Expenses
$1,589
Gross Rent Multiplier
13.02
Total Expenses
$10,902
Cap Rate
6.43
Vacancy Rate
10
Total Number of Units
3
Unit Name
18547
Potential Terms
Cash, Conventional, VA Loan
Year Built
1995
View
Mountains
Roof
Metal
Site Features
Outbuildings, Patio, Rooftop Deck, RV Parking
Electric Expenses
4002
Energy Source
Electric
School District
Cascade
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Total Monthly Income
$5,600
Gross Scheduled Income
$67,200
Vacancy Rate
10
Gross Adjusted Income
$60,480
Tax Year
2026
Insurance Expense
$1,589
Total Expenses
$10,902
Net Operating Income
$56,298
Gross Rent Multiplier
13.02
Cap Rate
6.43
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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