220 N Main Street, Kittitas, WA 98934

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Listing Broker: Ewing & Clark, Inc.; Jennifer Basterrechea; 509-674-6185; Jennifer.basterrechea@gmail.com

List Price
$675,000
Status
ACTIVE
MLS#
2549478
Price Change
▼ $24,500 1785715689
Days on Market
88
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
3,300
Area Total SqFt
3300
Annual Tax Ammount
5771
Internet Provider
Spectrum
Lot Size (sq ft)
7,000
Sewer
Sewer Connected

Property Description

Great rents!Low vacancy! High visibility corner lot in Kittitas w/ multi-family tri-plex & additional detached 2bed/1bath single family home & separate studio/shop.Single family home has new flooring & lots of upgrades! Great spot for owner to live and have rental income every month! 2 story triplex-all units feature a full kitchen, living area, 2 1bed/1bath & 1 2bed/2bath unit.Building has separate utility room w/ coin-op w/d, 4 carports, fenced yard, & 2 storage areas.Upper floor units have covered decks w/ views of surrounding hills, & 1 unit w/ mini-split.Rear house features freestanding gas stove, washer/dryer, walk-in closet, separately fenced yard, & garden space.Across the street from the Kittitas Cafe, walking distance to schools, grocery, parks, Post Office, library, & easy access to the Palouse Cascade Trail & I-90.Minutes to CWU & Ellensburg.Property has history of commercial/retail use at front of property. Great spot for business or continuing renting as an apartment.

Additional Information

List Date
2026-07-04 00:14:10
Community
Kittitas
Net Operating Income
$49,050
Gross Adjusted Income
$49,050
Gross Scheduled Income
$61,800
Total Monthly Income
$5,150
Insurance Expenses
$2,122
Water/Sewer/Garbage Expenses
$4,857
Gross Rent Multiplier
11
Total Expenses
$12,750
Cap Rate
7.26
Total Number of Units
4
Unit Name
220
Potential Terms
Cash, Conventional, Owner Will Carry, See Remarks
Year Built
1962
View
City, Mountains, Territorial
Roof
Metal
Site Features
Cable TV, Deck, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, Shop
Energy Source
Electric, Natural Gas
School District
Kittitas
Elementary School
Kittitas Elem
Middle School
Kittitas High
High School
Kittitas High
Total Monthly Income
$5,150
Gross Scheduled Income
$61,800
Gross Adjusted Income
$49,050
Tax Year
2026
Insurance Expense
$2,122
W/S/G Expenses
$4,857
Total Expenses
$12,750
Net Operating Income
$49,050
Gross Rent Multiplier
11
Cap Rate
7.26
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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