309 E 7th Street, Tonasket, WA 98855
- $500,000
Listing courtesy of RE/MAX Lake and Country. Selling Office: RE/MAX Lake and Country.
- Sold Price
- $500,000
- List Price
- $595,000
- Status
- SOLD
- MLS#
- 2550404
- Closing Date
- Jul 29, 2026
- Days on Market
- 6
- Annual Tax Ammount
- 1
Property Description
Rare opportunity to purchase 7 rental units in Tonasket Washington! This property has been a functional rental for decades! The buildings are solid, built of concrete with metal roofing. The 7 units consist of : 2 1BR units, and 5 2BR units. Each unit has its own functional laundry space!! Plenty of parking available for all 7 units, with access on the North side of the lot off Hwy 20 as well as the South side off 7th street. There is a sizable open lawn for residents to enjoy, Oroville Tonasket irrigation serves the property.Room for improvement and potential for growth! Whether you are just starting your portfolio or you are looking to build upon what you have in place already, look no further!
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Additional Information
- Community
- Tonasket
- Building Condition
- Average
- Style
- 62 - Business Opp.
- Year Built
- 1952
- Roof
- Metal
- Tax Year
- 2026
- Potential Terms
- Cash, See Remarks
- Flooring
- Ceramic Tile, Vinyl, Carpet
- Driving Directions
- Follow US-97 to Tonasket, turn on seventh street, property on left hand side as you approach Bonaparte ave.
- Electric Expenses
- 216
- Other Expenses
- 405
- Energy Source
- Electric
- Net Operating Income
- $40,678
- Gross Adjusted Income
- $40,678
- Gross Scheduled Income
- $56,640
- Water/Sewer/Garbage Expenses
- $9,429
- Cap Rate
- 6.8
- Total Expenses
- $15,962
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.