146 S Delaware Avenue, Wenatchee, WA 98801

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Listing Broker: ListWithFreedom.com; Anthony Giglio; ; Selling Office: CENTURY 21 North Homes Realty.

Sold Price
$560,000
List Price
$595,000
Status
SOLD
MLS#
2475943
Closing Date
May 29, 2026
Days on Market
23
Style
53 - Tri-plex
Annual Tax Ammount
3685
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Historic Downtown Wenatchee Triplex Across from Chase Park Located in Wenatchee’s Grandview Historic District, this charming 1922 triplex offers a rare opportunity to own an income property in a prime location. Situated directly across from Chase Park and just blocks from downtown restaurants, shops, and the riverfront, the setting is hard to beat. The property features three units: a 2 bed/1 bath main unit and two 1 bed/1 bath units, plus a detached garage for added income or storage. Each unit has been updated while preserving historic charm. Ideal for investors or owner-occupants looking to live in one unit and rent the others.

Additional Information

List Date
2026-05-06 00:00:00
Community
Wenatchee
Net Operating Income
$51,780
Gross Adjusted Income
$64,200
Gross Scheduled Income
$64,200
Total Monthly Income
$5,100
Insurance Expenses
$2,035
Water/Sewer/Garbage Expenses
$3,420
Gross Rent Multiplier
9.3
Total Expenses
$10,820
Cap Rate
8.7
Vacancy Rate
5
Total Number of Units
3
Unit Name
146
Potential Terms
Cash, Conventional, VA Loan
Year Built
1920
Roof
Composition
Electric Expenses
1680
Energy Source
Electric
School District
Wenatchee
Elementary School
Washington Elementary
Middle School
Orchard Mid
High School
Wenatchee High
Total Monthly Income
$5,100
Gross Scheduled Income
$64,200
Vacancy Rate
5
Gross Adjusted Income
$64,200
Tax Year
2025
Insurance Expense
$2,035
W/S/G Expenses
$3,420
Total Expenses
$10,820
Net Operating Income
$51,780
Gross Rent Multiplier
9.3
Cap Rate
8.7
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.
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