Fully rented triplex in Wapato—an excellent investment opportunity with immediate cash flow. Unit 1 offers a spacious 1,536 sq. ft. floor plan with 3 bedrooms and 1 bathroom, highlighted by a cozy brick fireplace in the living room, electric baseboard heating, wall A/C, and a functional kitchen equipped with a range and refrigerator. A dining area and convenient washer/dryer hookups add to the unit's appeal. Units 2 and 3 each feature efficient 1 bedroom, 1 bathroom layouts with approximately 480 sq. ft. of living space per unit, offering electric baseboard heat, and wall air conditioning—ideal for easy maintenance and strong rental demand. The property provides ample off-street parking for tenants and is conveniently located in Wapato. A solid, fully occupied investment with a mix of unit sizes to attract a broad tenant base.
Wapato is located in Washington. Wapato, Washington has a population of 4,652. Wapato is more family-centric than the surrounding county with 36.13% of the households containing married families with children. The county average for households married with children is 32.13%.
The median household income in Wapato, Washington is $47,955. The median household income for the surrounding county is $58,380 compared to the national median of $69,021. The median age of people living in Wapato is 27.5 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 24.9 degrees. The average rainfall is approximately 8.4 inches per year, with 16.8 inches of snow per year.