380 N Shore Court, Manson, WA 98831
- $629,000
- 1,800
- SqFt
Listing courtesy of KW Frontline.
- List Price
- $629,000
- Status
- ACTIVE
- MLS#
- 2485400
- Price Change
- ▼ $10,900 1788127005
- Days on Market
- 190
- Style
- 52 - Duplex
- Building Condition
- Good
- Finished SqFt
- 1,800
- Area Total SqFt
- 1800
- Annual Tax Ammount
- 3555
- Lot Size (sq ft)
- 6,534
- Sewer
- Sewer Connected
Property Description
Investment Opportunity in Manson offering immediate income, established market rents, and long-term real estate value in the Lake Chelan Valley. This fully leased duplex currently generates $3,475 per month in gross rental income, providing an investor with steady cash flow from day one. With limited duplex and multi-family inventory in the Manson market, this property offers an opportunity to own an income-producing asset in an area where both rental demand and underlying real estate value support long-term ownership. Located on a quiet cul-de-sac just moments from the lake, downtown retail, grocery stores, restaurants, wineries, parks, and transit access, this turnkey, income-producing duplex offers a rare combination of location, flexibility, and immediate cash flow. Enjoy a 10-minute walk to Manson Bay Park, with easy access to waterfront recreation, community events, and the heart of downtown Manson. Each unit offers 900 sqft with 2 bedrooms and 1 bath, featuring vaulted ceilings, central heat and A/C, in-unit washer and dryer, private yard space, and off-street parking. These desirable amenities continue to attract and retain quality tenants. For owner-occupants, the opportunity is equally compelling. Live in one unit while rental income from the second unit helps offset ownership costs and build long-term equity. For investors or 1031 buyers, this Manson duplex delivers immediate income, a strong location, and long-term value.
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Additional Information
- List Date
- 2026-03-12 17:43:11
- Community
- Manson
- Net Operating Income
- $32,909
- Gross Adjusted Income
- $41,700
- Gross Scheduled Income
- $41,700
- Total Monthly Income
- $3,400
- Insurance Expenses
- $1,580
- Water/Sewer/Garbage Expenses
- $3,373
- Gross Rent Multiplier
- 15.11
- Total Expenses
- $8,791
- Cap Rate
- 5.22
- Total Number of Units
- 2
- Unit Name
- 380
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1995
- View
- Mountains, Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet
- Other Expenses
- 283
- Energy Source
- Electric
- School District
- Manson
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,400
- Gross Scheduled Income
- $41,700
- Gross Adjusted Income
- $41,700
- Tax Year
- 2025
- Insurance Expense
- $1,580
- W/S/G Expenses
- $3,373
- Total Expenses
- $8,791
- Net Operating Income
- $32,909
- Gross Rent Multiplier
- 15.11
- Cap Rate
- 5.22
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.