533 Methow Unit #A,B,C, Wenatchee, WA 98801
- $709,000
- 2,692
- SqFt
Listing courtesy of CB Cascade RE - Wenatchee.
- List Price
- $709,000
- Status
- ACTIVE
- MLS#
- 2502512
- Price Change
- ▼ $15,999 1781061019
- Days on Market
- 114
- Style
- 53 - Tri-plex
- Finished SqFt
- 2,692
- Area Total SqFt
- 2692
- Annual Tax Ammount
- 4773
- Lot Size (sq ft)
- 6,970
- Sewer
- Sewer Connected
Property Description
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.
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Additional Information
- List Date
- 2026-04-04 03:21:11
- Community
- Wenatchee
- Net Operating Income
- $38,534
- Gross Adjusted Income
- $53,409
- Gross Scheduled Income
- $56,220
- Total Monthly Income
- $4,685
- Insurance Expenses
- $2,400
- Water/Sewer/Garbage Expenses
- $3,012
- Gross Rent Multiplier
- 12.9
- Total Expenses
- $14,875
- Cap Rate
- 5.3
- Vacancy Rate
- 5
- Total Number of Units
- 3
- Unit Name
- 533
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1905
- View
- Territorial
- Roof
- Composition
- Electric Expenses
- 743
- Other Expenses
- 3947
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $4,685
- Gross Scheduled Income
- $56,220
- Vacancy Rate
- 5
- Gross Adjusted Income
- $53,409
- Tax Year
- 2026
- Insurance Expense
- $2,400
- W/S/G Expenses
- $3,012
- Total Expenses
- $14,875
- Net Operating Income
- $38,534
- Gross Rent Multiplier
- 12.9
- Cap Rate
- 5.3
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.