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LCR
1822 S Wenatchee Avenue, Wenatchee, WA 98801
- $374,000
- 2,406
- SqFt
Listing Broker: Windermere Real Estate/NCW; Jerry L. Paine; 509-860-7696; jerrypaine@windermere.com Selling Office: Nick McLean Real Estate Group.
- Sold Price
- $374,000
- List Price
- $425,000
- Status
- SOLD
- MLS#
- 2524736
- Closing Date
- Aug 31, 2026
- Days on Market
- 35
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,406
- Area Total SqFt
- 2406
- Annual Tax Ammount
- 3839
- Lot Size (sq ft)
- 30,928
- Sewer
- Sewer Connected
Property Description
A rare and uniqes multi family opportunity. 3 single family homes on a large .71 acre parcel. Currently grandfathered but will be conforming on January 1, 2027 when the city of Wenatchee adopts new density standards allowing 2 ADU units on each parcel. Units feature long term tenants with solid rental history and low expenses. Homes were part of a multi generational family with homes built in 1924, 1933, 1943. Currently professionally managed. Current owner has explored doing a short plat to separate the 3 homes and has completed the survey and will offer that at no charge upon a successful closing to new buyer.
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Additional Information
- List Date
- 2026-07-27 00:00:00
- Community
- Wenatchee
- Net Operating Income
- $27,071
- Gross Adjusted Income
- $39,102
- Gross Scheduled Income
- $39,900
- Total Monthly Income
- $3,325
- Insurance Expenses
- $2,000
- Water/Sewer/Garbage Expenses
- $2,500
- Gross Rent Multiplier
- 10.65
- Total Expenses
- $12,031
- Cap Rate
- 6.37
- Vacancy Rate
- 2
- Total Number of Units
- 3
- Unit Name
- 1822
- Potential Terms
- Cash
- Year Built
- 1924
- View
- Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially
- Electric Expenses
- 500
- Other Expenses
- 3192
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- Mission View Elem
- Middle School
- Pioneer Mid
- High School
- Wenatchee High
- Total Monthly Income
- $3,325
- Gross Scheduled Income
- $39,900
- Vacancy Rate
- 2
- Gross Adjusted Income
- $39,102
- Tax Year
- 2026
- Insurance Expense
- $2,000
- W/S/G Expenses
- $2,500
- Total Expenses
- $12,031
- Net Operating Income
- $27,071
- Gross Rent Multiplier
- 10.65
- Cap Rate
- 6.37
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.