509 Okanogan Avenue, Wenatchee, WA 98801
- $439,900
- 2,000
- SqFt
Listing courtesy of eXp Realty.
- List Price
- $439,900
- Status
- ACTIVE
- MLS#
- 2540756
- Price Change
- ▼ $10,000 1784694979
- Days on Market
- 39
- Style
- 52 - Duplex
- Finished SqFt
- 2,000
- Area Total SqFt
- 2000
- Annual Tax Ammount
- 3340
- Internet Provider
- Spectrum
- Lot Size (sq ft)
- 6,534
- Sewer
- Sewer Connected
Property Description
Excellent investment opportunity with strong rental history and stable income potential! This well-maintained duplex features two units generating a combined monthly rental income of $3,400. The upper unit offers 3 bedrooms, 1 bath, abundant natural light, a covered front porch, fenced front yard area, and washer/dryer hookups. Efficient mini-split heating and cooling provide year-round comfort, with individual units located in each bedroom and the living room. The lower unit features 2 bedrooms, a 3/4 bath, washer/dryer hookups, and a functional floor plan designed for comfortable living. A durable metal roof helps minimize maintenance, while each unit enjoys its own garage bay and dedicated storage space. Owner currently pays water, sewer, and garbage. Tenants are responsible for electricity and internet. Conveniently located and offering desirable amenities for tenants, this income-producing property presents an excellent opportunity for investors seeking immediate cash flow and long-term rental potential.
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Additional Information
- List Date
- 2026-06-18 01:12:13
- Community
- Wenatchee
- Net Operating Income
- $31,177
- Gross Adjusted Income
- $38,760
- Gross Scheduled Income
- $40,800
- Total Monthly Income
- $3,400
- Insurance Expenses
- $1,387
- Water/Sewer/Garbage Expenses
- $2,856
- Gross Rent Multiplier
- 11.64
- Total Expenses
- $7,583
- Cap Rate
- 6.5600000000000005
- Vacancy Rate
- 5
- Total Number of Units
- 2
- Unit Name
- 509
- Potential Terms
- Cash, Conventional, FHA
- Year Built
- 1919
- View
- Territorial
- Roof
- Metal
- Site Features
- Fenced-Partially
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $3,400
- Gross Scheduled Income
- $40,800
- Vacancy Rate
- 5
- Gross Adjusted Income
- $38,760
- Tax Year
- 2026
- Insurance Expense
- $1,387
- W/S/G Expenses
- $2,856
- Total Expenses
- $7,583
- Net Operating Income
- $31,177
- Gross Rent Multiplier
- 11.64
- Cap Rate
- 6.5600000000000005
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.