1321 Ashland Avenue, East Wenatchee, WA 98802

$625,000

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Listing courtesy of John L. Scott Wenatchee.

List Price
$625,000
Status
ACTIVE
MLS#
2575007
Days on Market
12
Style
52 - Duplex
Building Condition
Good
Annual Tax Ammount
3597
Lot Size (sq ft)
3,485
Sewer
Sewer Connected

Property Description

Investment Opportunity or Owner-Occupied Duplex! Looking for a smart investment or a property that can help offset your mortgage? This well designed duplex offers flexibility and convenience for investors or owner-occupants alike! Each unit features 2 bedrooms 1.5 baths, along with its own private laundry room and additional storage space. Both units include a single car garage with potential use has additional space to use differently. New roof and exterior paint in 2025. Residents also enjoy a spacious community green belt of grassy area to play on and enjoy, plus lots of additional parking available for residents and guests. This duplex is a great opportunity to build equity, generate rental income, or live in one unit while renting the other.

Additional Information

List Date
2026-08-28 13:58:11
Community
East Wenatchee
Net Operating Income
$26,868
Gross Adjusted Income
$40,200
Gross Scheduled Income
$40,200
Total Monthly Income
$3,500
Insurance Expenses
$2,456
Water/Sewer/Garbage Expenses
$3,396
Gross Rent Multiplier
15.55
Total Expenses
$9,845
Cap Rate
4.3
Total Number of Units
2
Unit Name
1321
Potential Terms
Cash, Conventional
Year Built
1966
View
Mountains, Territorial
Roof
Composition
Site Features
Deck
Other Expenses
396
Energy Source
Electric
School District
Eastmont
Elementary School
Lee Elementary
Middle School
Sterling K-7
High School
Eastmont Snr High
Total Monthly Income
$3,500
Gross Scheduled Income
$40,200
Gross Adjusted Income
$40,200
Tax Year
2026
Insurance Expense
$2,456
W/S/G Expenses
$3,396
Total Expenses
$9,845
Net Operating Income
$26,868
Gross Rent Multiplier
15.55
Cap Rate
4.3
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.
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