340 Pear Lane Unit #1-8, Wenatchee, WA 98801
- $2,250,000
- 8,308
- SqFt
Listing courtesy of CB Cascade RE - Lake Chelan.
- List Price
- $2,250,000
- Status
- ACTIVE
- MLS#
- 2540788
- Days on Market
- 41
- Style
- 55 - 5-9 Units
- Finished SqFt
- 8,308
- Area Total SqFt
- 8308
- Annual Tax Ammount
- 10662
- Lot Size (sq ft)
- 30,242
- Sewer
- Sewer Connected
Property Description
SELLER FINACNING! Excellent investment opportunity with proven cash flow and strong long-term stability! This 8-unit complex is ideally located near Wenatchee Valley College and centrally positioned for easy access to shopping, dining, and public transportation—supporting consistent tenant demand and strong occupancy. The property features a desirable unit mix of one 1-bedroom unit and seven 2-bedroom units, creating a balanced and reliable rent roll. All units are single-level flats with no units above or below, offering enhanced privacy and strong tenant appeal. Each unit includes a fireplace and in-unit washer and dryer, with select units featuring private patios. Additional amenities include covered parking for tenants and ample street parking for additional vehicles. The property has an exceptionally strong rental history, making it an ideal asset for investors seeking dependable income and long-term performance.
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Additional Information
- List Date
- 2026-06-15 19:48:12
- Community
- Wenatchee
- Net Operating Income
- $132,433
- Gross Adjusted Income
- $165,986
- Gross Scheduled Income
- $171,120
- Total Monthly Income
- $165,986
- Insurance Expenses
- $3,495
- Water/Sewer/Garbage Expenses
- $12,596
- Gross Rent Multiplier
- 13
- Total Expenses
- $33,553
- Cap Rate
- 6
- Vacancy Rate
- 3
- Total Number of Units
- 2
- Unit Name
- 340
- Potential Terms
- Owner Will Carry
- Year Built
- 1976
- View
- Territorial
- Roof
- Composition
- Site Features
- Cable TV, Patio, Sprinkler System
- Electric Expenses
- 800
- Other Expenses
- 6000
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $165,986
- Gross Scheduled Income
- $171,120
- Vacancy Rate
- 3
- Gross Adjusted Income
- $165,986
- Tax Year
- 2026
- Insurance Expense
- $3,495
- W/S/G Expenses
- $12,596
- Total Expenses
- $33,553
- Net Operating Income
- $132,433
- Gross Rent Multiplier
- 13
- 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.