1588 3rd Street NE, East Wenatchee, WA 98802

$645,000
5
BD
3
BA
2,019
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing Broker: Nick McLean Real Estate Group; Nick McLean; ; Selling Office: Nick McLean Real Estate Group.

Sold Price
$645,000
List Price
$649,000
Status
SOLD
MLS#
2347865
Closing Date
Apr 11, 2025
Bedrooms
5
Finished SqFt
2,019
Area Total SqFt
2019
Annual Tax Ammount
2365
Lot Size (sq ft)
40,511
Sewer
Sewer Connected

Property Description

Three separate SFR homes on nearly an acre in the heart of East Wenatchee—a developer's dream! Potential for this property is limitless. Zoned as Residential Low, it offers opportunity for subdivision, development into townhomes or duplexes, or transform it into highly profitable income-generating property. Conveniently located near schools, parks, downtown, airport, and more. Two of the three homes are tenant-ready, while the third needs some renovations to become rent-ready. Listed rent rates reflect fair market value, with the corner unit currently leased at $1495, fair market rents of $2795 total for the other two, for projected rent rate of $4290/mo. Owner financing available with acceptable terms. Seller licensed real estate broker.

Additional Information

Community
East Wenatchee
Style
10 - 1 Story
Basement
None
Year Built
1930
View
Mountain(s), Territorial
Roof
Composition
Site Features
High Speed Internet
Tax Year
2025
School District
Eastmont
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash Out, Owner Financing, Rehab Loan
Driving Directions
From Grant Rd go north onto N Kentucky Ave. Left (west) onto 3rd St NE. Located on the corner of 3rd St NE and N Keller Ave.
Energy Source
Electric
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.

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks