593 Rolfs Place, East Wenatchee, WA 98802

Listing Broker: Windermere Real Estate/NCW; Christie Kay; ; Selling Office: Windermere RE/Lake Chelan.

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Sold Price
$505,000
List Price
$489,900
Status
SOLD
MLS#
2552876
Closing Date
Sep 11, 2026
Style
52 - Duplex
Building Condition
Good
Finished SqFt
2,143
Area Total SqFt
2143
Annual Tax Ammount
3688
Internet Provider
Stectrum
Lot Size (sq ft)
13,068
Sewer
Sewer Connected

Property Description

Fantastic investment opportunity in a desirable East Wenatchee location! This well-maintained, single-level duplex offers flexibility for investors or owner-occupants. The left unit is exceptionally clean, move-in ready, and features 1 bedroom, 1 bathroom, plus a garage that has been converted into additional living space, creating a versatile bonus room. The right unit offers 3 bedrooms, generous living space, and a converted garage that serves as the 3rd bedroom and could potentially be converted back to a garage if desired. Both units have inviting back decks, easy-maintenance landscaping with irrigation, and ample parking. The right unit is occupied by a long-term tenant on a month-to-month lease who would love to stay, providing immediate rental income while leaving future options open. The property has been pre-inspected, with the inspection report available upon request, and several repairs have already been completed to provide added peace of mind. A great opportunity to own a turnkey duplex in a welcoming neighborhood.

Additional Information

Community
East Wenatchee
Net Operating Income
$19,072
Gross Adjusted Income
$28,500
Gross Scheduled Income
$30,000
Total Monthly Income
$2,600
Insurance Expenses
$1,800
Water/Sewer/Garbage Expenses
$2,700
Gross Rent Multiplier
16.33
Total Expenses
$9,428
Cap Rate
3.89
Vacancy Rate
5
Total Number of Units
2
Unit Name
593
Potential Terms
Cash, Conventional, FHA, USDA Loan, VA Loan
Year Built
1977
View
Mountains, Territorial
Roof
Composition
Site Features
Patio
Electric Expenses
840
Energy Source
Electric
School District
Eastmont
Elementary School
Kenroy Elem
Middle School
Eastmont Jnr High
High School
Eastmont Snr High
Total Monthly Income
$2,600
Gross Scheduled Income
$30,000
Vacancy Rate
5
Gross Adjusted Income
$28,500
Tax Year
2026
Insurance Expense
$1,800
W/S/G Expenses
$2,700
Total Expenses
$9,428
Net Operating Income
$19,072
Gross Rent Multiplier
16.33
Cap Rate
3.89
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.

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