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LCR
535 Methow Street, Wenatchee, WA 98801
- $465,000
- 3,590
- SqFt
Listing Broker: Alpine Group; Roselle Wood; ; Selling Office: Laura Mounter Real Estate.
- Sold Price
- $465,000
- List Price
- $465,000
- Status
- SOLD
- MLS#
- 2451250
- Closing Date
- Dec 11, 2025
- Days on Market
- 16
- Style
- 54 - 4-Plex
- Finished SqFt
- 3,590
- Area Total SqFt
- 3590
- Annual Tax Ammount
- 3895.37
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
Property Description
Prime Four-Plex. Seize this exceptional investment opportunity...a meticulously maintained four-plex delivering immediate, stable rental income with long-term tenants. Ideal for investors or first-time buyers seeking income potential. This property features two buildings with updates completed in 1990s-including electrical. Main building houses three units: Unit A: 3 bed, 1 bath/Unit B: 2 bed, 1 bath/Unit C: 2 bed, 1 bath. The second, standalone building offers: Unit D: 2 beds + extra room & 1 full bath. All units provide private entrances and in-unit laundry. Ample off-street parking adds convenience. This turn-key asset offers consistent returns and a solid foundation for your real estate portfolio.
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Additional Information
- List Date
- 2025-11-25 00:00:00
- Community
- Wenatchee
- Net Operating Income
- $28,017
- Gross Scheduled Income
- $46,320
- Total Monthly Income
- $3,860
- Insurance Expenses
- $5,932
- Water/Sewer/Garbage Expenses
- $7,475
- Gross Rent Multiplier
- 10.04
- Total Expenses
- $18,302
- Cap Rate
- 6
- Total Number of Units
- 4
- Unit Name
- 535
- Potential Terms
- Cash Out, Conventional, FHA, VA Loan
- Year Built
- 1918
- View
- City, Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially
- Other Expenses
- 1000
- Energy Source
- Electric
- School District
- Wenatchee
- Total Monthly Income
- $3,860
- Gross Scheduled Income
- $46,320
- Tax Year
- 2025
- Insurance Expense
- $5,932
- W/S/G Expenses
- $7,475
- Total Expenses
- $18,302
- Net Operating Income
- $28,017
- Gross Rent Multiplier
- 10.04
- Cap Rate
- 6
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.