1321 Maple Street Unit #A, Wenatchee, WA 98801
- $1,500,000
- 5,512
- SqFt
Listing courtesy of Premier One Properties.
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2556039
- Days on Market
- 10
- Style
- 55 - 5-9 Units
- Building Condition
- Very Good
- Finished SqFt
- 5,512
- Area Total SqFt
- 5512
- Annual Tax Ammount
- 5156
- Lot Size (sq ft)
- 13,068
- Sewer
- Sewer Connected
Property Description
Attention investors! Don't miss this excellent opportunity to own a well maintained 5 unit multifamily property offering strong cash flow and long term rental stability. The property consists of two separate buildings: a duplex and a triplex with all five units featuring a desirable 2 bedroom, 1 bathroom floor plan. Each unit is equipped with central air conditioning and a cozy fireplace, providing added comfort and appeal for tenants. Built in 1987 by respected local builder Nevo Tontini, this investment property has a proven rental history with long term tenants already in place, making it an ideal turnkey addition to your portfolio. The functional layout, consistent occupancy, and attractive unit features contribute to its strong income potential. The location is another standout feature. Situated just minutes from downtown, the property is directly across the street from the middle school, close to the elementary school, and offers exceptional convenience with a Link Bus stop located just outside the property. Tenants appreciate the easy access to schools, shopping, dining, services, and public transportation. Whether you're expanding your investment portfolio or purchasing your first multifamily property, this income-producing 5-plex offers a rare combination of stable rental income, desirable amenities, and a prime location. Schedule your showing today and explore the potential this outstanding investment has to offer. Minimum of 48 hours notice to show.
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Additional Information
- List Date
- 2026-07-16 17:34:14
- Community
- Wenatchee
- Net Operating Income
- $101,358
- Gross Adjusted Income
- $113,700
- Gross Scheduled Income
- $113,700
- Insurance Expenses
- $2,124
- Water/Sewer/Garbage Expenses
- $5,062
- Gross Rent Multiplier
- 13.19
- Total Expenses
- $12,342
- Cap Rate
- 6.75
- Vacancy Rate
- 100
- Total Number of Units
- 5
- Unit Name
- 1321
- Potential Terms
- Cash, Conventional
- Year Built
- 1987
- View
- City, Territorial
- Roof
- Composition
- Site Features
- Fenced-Partially, High Speed Internet, Patio, Sprinkler System
- Energy Source
- Electric
- School District
- Wenatchee
- Elementary School
- John Newbery Elem
- Middle School
- Foothills Mid
- High School
- Wenatchee High
- Gross Scheduled Income
- $113,700
- Vacancy Rate
- 100
- Gross Adjusted Income
- $113,700
- Tax Year
- 2026
- Insurance Expense
- $2,124
- W/S/G Expenses
- $5,062
- Total Expenses
- $12,342
- Net Operating Income
- $101,358
- Gross Rent Multiplier
- 13.19
- Cap Rate
- 6.75
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.