Move-In Ready Grandview Historic District Duplex — Strong Rental Upside4-bed/2-bath duplex (2-unit) in Wenatchee's Grandview Historic District, freshly painted and updated. Vacated ahead of sale for renovation access — now move-in ready for immediate occupancy or lease-up. Both units have in-unit washer/dryer.Most recently rented for $2,100/mo (upper) and $1,600/mo (lower) — $44,400/year gross, roughly a 7.6% cap rate at asking price.Lower unit is fully furnished and equipped, turnkey and ready for a renter or occupant from day one.Backyard is fully enclosed with underground irrigation — low-upkeep outdoor space.Short distance to downtown and Chase Park. Financials available upon request.
Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping, employment, and transportation, this investment property features separately metered units, helping minimize owner expenses. Tenants enjoy ample off-street parking, coin-operated laundry, and alley access. The Residential High zoning presents potential future development opportunities, with possible room for additional units (buyer to verify feasibility). Numerous updates throughout and consistent maintenance make this a turnkey investment with immediate income and long-term upside.
A rare find for the discerning investor is now available at 710 South Monroe, Wenatchee. This well maintained turnkey fourplex offers a prime income-producing assest in a central Wenatchee Valley location. This meticulously maintained highly updated property features four individually metered units — three one-bedroom, one-bath and one spacious two-bedroom, one-bath delivering a diversified tenant mix that supports strong, stable income across multiple unit types. Individually metered utilities reduce owner expenses and simplify management, while the property’s turnkey condition means minimal deferred maintenance for a new owner. Combined with its central location and consistent performance, this producing income property is positioned for reliable cash flow and long-term appreciation for a new owner. Well-maintained, income-generating multifamily assets in this sought-after location rarely come to market. Don’t miss your opportunity to add this rare, high-performing property to your investment portfolio. Showings by appointment only.
Attention investors! Don't miss this excellent opportunity to own a well maintained 5 unit multifamily property offering strong cash flow and long term rental stability. The property consists of two separate buildings: a duplex and a triplex with all five units featuring a desirable 2 bedroom, 1 bathroom floor plan. Each unit is equipped with central air conditioning and a cozy fireplace, providing added comfort and appeal for tenants. Built in 1987 by respected local builder Nevo Tontini, this investment property has a proven rental history with long term tenants already in place, making it an ideal turnkey addition to your portfolio. The functional layout, consistent occupancy, and attractive unit features contribute to its strong income potential. The location is another standout feature. Situated just minutes from downtown, the property is directly across the street from the middle school, close to the elementary school, and offers exceptional convenience with a Link Bus stop located just outside the property. Tenants appreciate the easy access to schools, shopping, dining, services, and public transportation. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this income-producing 5-plex offers a rare combination of stable rental income, desirable amenities, and a prime location. Schedule your showing today and explore the potential this outstanding investment has to offer. Minimum of 48 hours notice to show.
Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.
SELLER FINACNING! Excellent investment opportunity with proven cash flow and strong long-term stability! This 8-unit complex is ideally located near Wenatchee Valley College and centrally positioned for easy access to shopping, dining, and public transportation—supporting consistent tenant demand and strong occupancy. The property features a desirable unit mix of one 1-bedroom unit and seven 2-bedroom units, creating a balanced and reliable rent roll. All units are single-level flats with no units above or below, offering enhanced privacy and strong tenant appeal. Each unit includes a fireplace and in-unit washer and dryer, with select units featuring private patios. Additional amenities include covered parking for tenants and ample street parking for additional vehicles. The property has an exceptionally strong rental history, making it an ideal asset for investors seeking dependable income and long-term performance.
INVESTMENT OPPORTUNITY! Property features two homes on one lot. The front home offers 2 bedrooms and 1 bathroom with updated electrical and is currently rented for $650 per month, providing immediate income potential. The second home at 620 1/2, 1 bedroom 1 bath built in 1950's - it did experienced a fire in 2026 and is ready for a new owner to restore, renovate, or reimagine. Great opportunity for investors, contractors, or buyers looking to add value and build equity. Bring your vision and explore the possibilities! Convenient location close to schools, shopping, and downtown Wenatchee amenities. Residential Mixed Use District (RMU) zone promotes primarily residential development with some supportive, small-scale commercial uses while keeping a neighborhood feel. Uses: Chapter 10.20 Purpose: The residential mixed use land use classification is a district suited to residential activities from single-family to high-intensity multifamily configurations. Limited commercial activities are allowed at a scale and intensity that maintain the residential scale and character of the neighborhood while providing for a mix of supportive uses.
Permits Approved – Shovel-Ready Duplex + Upside Fully approved plans (BPC-25-163) to convert this Craftsman into a legal 2-unit duplex—start building immediately with no entitlement risk. Interior demo complete. Features include 8’ basement ceilings, two electric meters/panels, new roof, and a level ~7,400 SF lot with alley access and 4+ off-street parking. Efficient layout (~920 SF main + ~840 SF lower) designed for strong rental income. RH zoning (High Density Residential) supports additional density potential (buyer to verify). Rare opportunity offering a de-risked, permit-ready project with near-term income and long-term upside.
Full gut remodel and massive addition in 2006 effectively reset the clock on this triplex — think 2006 construction including electrical and plumbing, not 1905. Updates in 2024 and 2025 mean the big-ticket items are current, low maintenance risk, and the property is ready to continue to perform from day one. Several owner options here including value add buy and hold via rent increases, potentially owner occupy, builders can add value by taking advantage of the RMU zoning and adding units in the large rear area. Buyer to verify all. Three 2 bed, 1 bath, easy to rent units, all clean, bright and airy. Each unit has its own 8x10 storage unit appealing to more tenants. Separately metered units allow tenants to pay elec, garbage, and internet. 48 hour notice for showings, only one unit will be shown but once under contract all units will be made available. Full financials, remodel history back to 2002, reports and permits and leases available upon acceptance of offer and with a signed non-disclosure Financial data in listing is pro forma based on 12 month moving averages. Actual annual rent and income numbers may be higher.
Investors and home owners!! Great opportunity to own a duplex in the heart of Wenatchee! Two units: main floor is 3 bd, 1 ba; upper unit is 1 bd, 1 ba, plus unfinished basement. Remodeled upstairs, 2019 roof main house, new electrical, two storage units outside, shared laundry downstairs. Fenced yard with nice space. The property has additional off-street parking. Quick access to downtown by foot, car or bus. Come with your vision to complete the remodel of the downstairs, put your own stamp on this outstanding property.
Hard to find North Wenatchee Business District (NWBD). .73 acres level land for multi-family or commercial in city limits. To date the property is a single family residence. 6 beds/2.25 baths. Nestled in amongst commercial businesses on three sides. Remodel the home to multi-family or tear it down and start from scratch. See the City's District Use Chart Chapter 10.10 for a full list of permitted uses. Potential commercial/industrial uses include: mini-storage in an enclosed building, delivery services, motorized service & repair, micro brewery, boating storage facilities, veterinary service, business offices, parking facility. Potential residential uses include: live-work dwellings, multi-family, mixed use.
This rare 2013-built and fully updated 5-unit multifamily property delivers immediate income with virtually zero deferred maintenance. Perfectly configured as a 3-unit triplex plus two spacious townhomes (one with garage), every unit features separate water, sewer, and electric meters — keeping expenses predictable and ownership effortless. Live in one upgraded townhome and let the other four units pay the mortgage, or rent all five for strong, stabilized cash flow. Covered parking and modern finishes add tenant appeal in today’s market. Zoned Residential High on a .19-acre lot, it offers exciting value-add potential: legally create 5 separate condominium units and sell individually for long-term upside in Wenatchee’s high-demand market.
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Wenatchee is located in Washington. Wenatchee, Washington has a population of 35,086. Wenatchee is more family-centric than the surrounding county with 32.28% of the households containing married families with children. The county average for households married with children is 29.86%.
The median household income in Wenatchee, Washington is $60,285. The median household income for the surrounding county is $64,895 compared to the national median of $69,021. The median age of people living in Wenatchee is 35.2 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 24.8 degrees. The average rainfall is approximately 9 inches per year, with 26.9 inches of snow per year.