128 S Western Avenue Unit #1, Wenatchee, WA 98801
- $725,000
- 2,976
- SqFt
Listing courtesy of Premier One Properties.
- List Price
- $725,000
- Status
- ACTIVE
- MLS#
- 2576746
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Building Condition
- Very Good
- Finished SqFt
- 2,976
- Area Total SqFt
- 2976
- Annual Tax Ammount
- 3594
- Internet Provider
- LocalTel
- Lot Size (sq ft)
- 9,583
- Sewer
- Sewer Connected
Property Description
Exceptional Investment Opportunity! This immaculate, turnkey tri-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 $59,700 in annual gross income with an attractive 6% cap rate, this property presents an exceptional opportunity for investors. One of the units offers 1400 sq ft with two bathrooms while the other two offer 775 sq ft with one full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. The larger unit includes 2 covered parking spaces, and the two other units have one covered space and one uncovered space, 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 tri-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.
/u.realgeeks.media/meloyrealty/Collaborative_Logo_-_KMeloy.png){kind=logo}
Additional Information
- List Date
- 2026-09-03 17:16:14
- Community
- Wenatchee
- Net Operating Income
- $44,006
- Gross Adjusted Income
- $59,700
- Gross Scheduled Income
- $59,700
- Total Monthly Income
- $4,975
- Insurance Expenses
- $2,056
- Water/Sewer/Garbage Expenses
- $8,424
- Gross Rent Multiplier
- 12.14
- Total Expenses
- $15,694
- Cap Rate
- 6.06
- Total Number of Units
- 3
- Unit Name
- 128
- Potential Terms
- Cash, Conventional
- Year Built
- 1976
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, Patio, Sprinkler System
- Other Expenses
- 1620
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- John Newbery Elem
- Middle School
- Orchard Mid
- High School
- Wenatchee High
- Total Monthly Income
- $4,975
- Gross Scheduled Income
- $59,700
- Gross Adjusted Income
- $59,700
- Tax Year
- 2026
- Insurance Expense
- $2,056
- W/S/G Expenses
- $8,424
- Total Expenses
- $15,694
- Net Operating Income
- $44,006
- Gross Rent Multiplier
- 12.14
- Cap Rate
- 6.06
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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.