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(509) 255-8072
Nick McLean Real Estate Group
509 2nd Street NE, East Wenatchee, WA 98802
- $1,200,000
- 4,192
- SqFt
Listing Broker: Nick McLean Real Estate Group; Trevor King; ; Selling Office: Nick McLean Real Estate Group.
- Sold Price
- $1,200,000
- List Price
- $1,250,000
- Status
- SOLD
- MLS#
- 2458657
- Closing Date
- Jun 01, 2026
- Style
- 54 - 4-Plex
- Building Condition
- Good
- Finished SqFt
- 4,192
- Area Total SqFt
- 4192
- Annual Tax Ammount
- 5598
- Lot Size (sq ft)
- 15,246
- Sewer
- Available
- Bank Owned
- Yes
Property Description
Prime Investment Opportunity in East Wenatchee! This impeccably maintained 4-plex offers the perfect blend of stability and location. Each of the four spacious units features a desirable 2-bedroom, 1.75-bathroom floor plan, designed for comfortable living and long-term tenant retention. Situated just minutes from downtown and local conveniences, the property stays in high demand. With a proven rental history and recent updates throughout, this is a turnkey addition to any portfolio. Don't miss out on this rare, low-vacancy gem in a growing market!
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Additional Information
- Community
- East Wenatchee
- Net Operating Income
- $73,706
- Gross Adjusted Income
- $90,600
- Gross Scheduled Income
- $90,600
- Total Monthly Income
- $7,600
- Insurance Expenses
- $5,841
- Water/Sewer/Garbage Expenses
- $5,228
- Gross Rent Multiplier
- 13.44
- Total Expenses
- $16,667
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 509
- Potential Terms
- Assumable, Cash, Conventional, FHA
- Year Built
- 1983
- View
- City, Mountains
- Roof
- Composition
- Site Features
- Electric Car Charging
- Energy Source
- Electric
- School District
- Eastmont
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Eastmont Snr High
- Total Monthly Income
- $7,600
- Gross Scheduled Income
- $90,600
- Gross Adjusted Income
- $90,600
- Tax Year
- 2025
- Insurance Expense
- $5,841
- W/S/G Expenses
- $5,228
- Total Expenses
- $16,667
- Net Operating Income
- $73,706
- Gross Rent Multiplier
- 13.44
- Cap Rate
- 6
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.