1686 S Mission Street Unit #1, Wenatchee, WA 98801

$799,000
3,920
SqFt

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Listing courtesy of Premier One Properties.

List Price
$799,000
Status
ACTIVE
MLS#
2576735
Days on Market
0
Style
54 - 4-Plex
Building Condition
Very Good
Finished SqFt
3,920
Area Total SqFt
3920
Annual Tax Ammount
5787
Internet Provider
LocalTel
Lot Size (sq ft)
9,148
Sewer
Sewer Connected

Property Description

Exceptional Investment Opportunity! This immaculate, turnkey 4-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $77,700 in annual gross income with an attractive 7.2% cap rate, this property presents an exceptional opportunity for investors. Each of the four spacious units offers approximately 980 square feet with two generously sized bedrooms and two full bathrooms. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. Each unit also offers a private balcony with exceptional views, creating a desirable living environment for tenants. Additional value comes from the convenience of two covered parking spaces per unit, providing ample off-street parking for residents. The property is fully rented and has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this 4-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.

Additional Information

List Date
2026-09-03 17:24:11
Community
Wenatchee
Net Operating Income
$57,537
Gross Adjusted Income
$77,700
Gross Scheduled Income
$77,700
Total Monthly Income
$6,475
Insurance Expenses
$2,616
Water/Sewer/Garbage Expenses
$9,600
Gross Rent Multiplier
10.28
Total Expenses
$20,163
Cap Rate
7.2
Total Number of Units
4
Unit Name
1686
Potential Terms
Cash, Conventional
Year Built
1995
View
Mountains, Territorial
Roof
Composition
Site Features
Deck, Fenced-Partially, High Speed Internet
Other Expenses
2160
Energy Source
Electric
School District
Wenatchee
Elementary School
Mission View Elem
Middle School
Pioneer Mid
High School
Wenatchee High
Total Monthly Income
$6,475
Gross Scheduled Income
$77,700
Gross Adjusted Income
$77,700
Tax Year
2026
Insurance Expense
$2,616
W/S/G Expenses
$9,600
Total Expenses
$20,163
Net Operating Income
$57,537
Gross Rent Multiplier
10.28
Cap Rate
7.2
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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