619 King Street, Wenatchee, WA 98801

$457,000
1,800
SqFt

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Listing courtesy of William E. Johnson.

List Price
$457,000
Status
ACTIVE
MLS#
2566809
Days on Market
1
Style
52 - Duplex
Finished SqFt
1,800
Area Total SqFt
1800
Annual Tax Ammount
3122
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Move-In Ready Grandview Historic District Duplex — Strong Rental Upside4-bed/2-bath duplex (2-unit) in Wenatchee's Grandview Historic District, freshly painted and updated. Vacated ahead of sale for renovation access — now move-in ready for immediate occupancy or lease-up. Both units have in-unit washer/dryer.Most recently rented for $2,100/mo (upper) and $1,600/mo (lower) — $44,400/year gross, roughly a 7.6% cap rate at asking price.Lower unit is fully furnished and equipped, turnkey and ready for a renter or occupant from day one.Backyard is fully enclosed with underground irrigation — low-upkeep outdoor space.Short distance to downtown and Chase Park. Financials available upon request.

Additional Information

List Date
2026-08-09 00:43:11
Community
Wenatchee
Net Operating Income
$44,400
Gross Adjusted Income
$44,400
Gross Scheduled Income
$44,400
Total Monthly Income
$3,700
Insurance Expenses
$1,467
Water/Sewer/Garbage Expenses
$2,523
Gross Rent Multiplier
10.29
Total Expenses
$8,069
Cap Rate
7.73
Total Number of Units
2
Unit Name
619
Potential Terms
Conventional
Year Built
1928
Roof
Composition
Electric Expenses
557
Other Expenses
100
Energy Source
Electric, Natural Gas
School District
Wenatchee
Total Monthly Income
$3,700
Gross Scheduled Income
$44,400
Gross Adjusted Income
$44,400
Tax Year
2017
Insurance Expense
$1,467
W/S/G Expenses
$2,523
Total Expenses
$8,069
Net Operating Income
$44,400
Gross Rent Multiplier
10.29
Cap Rate
7.73
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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