402 S Pearl Street, Ellensburg, WA 98926
- $550,000
- 3,278
- SqFt
Listing courtesy of Windermere RE North, Inc..
- List Price
- $550,000
- Status
- ACTIVE
- MLS#
- 2576258
- Days on Market
- 0
- Style
- 53 - Tri-plex
- Building Condition
- Updated/Remodeled
- Finished SqFt
- 3,278
- Area Total SqFt
- 3278
- Annual Tax Ammount
- 3374.3
- Lot Size (sq ft)
- 6,000
- Sewer
- Sewer Connected
Property Description
Awesome newly renovated triplex in the heart of Ellensburg offering flexibility, space, and excellent investment potential. The spacious upper-level unit features four bedrooms, two bathrooms, and an open-concept living area with a large kitchen, quartz countertops, newer appliances, and a private washer and dryer. Downstairs, you’ll find two additional units, one with one bedroom and one with two bedrooms. Both have been beautifully updated with fresh paint, new flooring, quartz countertops, and newer appliances, plus access to a shared laundry area. Ample off-street parking provides space for all three units, and a dedicated owner storage area downstairs is perfect for keeping maintenance supplies and property essentials organized. Conveniently located within walking distance to downtown Ellensburg, CWU, schools, shopping, dining, and more. Live in the spacious upper unit while renting the two lower units, or rent all three for a fantastic income-producing opportunity. A versatile property with options that just make sense.
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Additional Information
- List Date
- 2026-08-31 21:13:12
- Community
- Central Ellensburg
- Net Operating Income
- $26,045
- Gross Adjusted Income
- $34,769
- Gross Scheduled Income
- $49,320
- Total Monthly Income
- $4,150
- Insurance Expenses
- $1,417
- Water/Sewer/Garbage Expenses
- $1,820
- Gross Rent Multiplier
- 11.15
- Total Expenses
- $8,723
- Cap Rate
- 4.47
- Vacancy Rate
- 29
- Total Number of Units
- 3
- Unit Name
- 402
- Potential Terms
- Cash, Conventional
- Year Built
- 1920
- Roof
- Composition
- Site Features
- Deck, Fenced-Partially, High Speed Internet
- Electric Expenses
- 2111
- Energy Source
- Electric
- School District
- Ellensburg
- Elementary School
- Buyer To Verify
- Middle School
- Morgan Mid
- High School
- Ellensburg High
- Total Monthly Income
- $4,150
- Gross Scheduled Income
- $49,320
- Vacancy Rate
- 29
- Gross Adjusted Income
- $34,769
- Tax Year
- 2025
- Insurance Expense
- $1,417
- W/S/G Expenses
- $1,820
- Total Expenses
- $8,723
- Net Operating Income
- $26,045
- Gross Rent Multiplier
- 11.15
- Cap Rate
- 4.47
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.