330 Roosevelt Avenue, Wenatchee, WA 98801

$700,000
3,908
SqFt

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Listing courtesy of Premier One Properties.

List Price
$700,000
Status
ACTIVE
MLS#
2543188
Days on Market
5
Style
55 - 5-9 Units
Building Condition
Good
Finished SqFt
3,908
Area Total SqFt
3908
Annual Tax Ammount
5365
Lot Size (sq ft)
6,534
Sewer
Sewer Connected

Property Description

Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.

Additional Information

List Date
2026-07-22 08:34:24
Community
Wenatchee
Net Operating Income
$55,913
Gross Adjusted Income
$67,890
Gross Scheduled Income
$73,000
Total Monthly Income
$6,084
Insurance Expenses
$6,612
Gross Rent Multiplier
9.6
Total Expenses
$11,977
Cap Rate
8
Vacancy Rate
7
Total Number of Units
5
Unit Name
330
Potential Terms
Cash, Conventional
Year Built
1913
View
City, Territorial
Roof
Composition
Site Features
Fenced-Partially
Energy Source
Electric
School District
Wenatchee
Total Monthly Income
$6,084
Gross Scheduled Income
$73,000
Vacancy Rate
7
Gross Adjusted Income
$67,890
Tax Year
2026
Insurance Expense
$6,612
Total Expenses
$11,977
Net Operating Income
$55,913
Gross Rent Multiplier
9.6
Cap Rate
8
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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