613 -615 Alaska St., Wenatchee, WA 98801

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Listing Broker: CB Cascade RE - Lake Chelan; Anita A. Day; 509-682-7777; anita@cbchelan.com

List Price
$545,000
Status
ACTIVE
MLS#
2592821
Days on Market
0
Style
53 - Tri-plex
Building Condition
Good
Finished SqFt
3,608
Area Total SqFt
3608
Annual Tax Ammount
3686
Lot Size (sq ft)
6,098
Sewer
Sewer Connected

Property Description

Ideally located income property consists of two homes with 3 rental units located directly across the street from Columbia Elementary School situated on a corner lot with plenty of parking within the Grandview Historical District. Well maintained homes include a two level home with three main floor bedrooms and a lower one bedroom unit with a long term tenant. The charming smaller one bedroom home has newer flooring and paint and also has a great rental history with off street parking. A perfect opportunity to enter the residential rental market as an owner occupant. Fenced with extra storage building. Excellent rental history. Close to neighborhood parks and medical facilities.

Additional Information

List Date
2026-10-09 16:43:11
Community
Wenatchee
Net Operating Income
$34,670
Gross Adjusted Income
$48,015
Gross Scheduled Income
$49,500
Total Monthly Income
$4,125
Insurance Expenses
$2,339
Water/Sewer/Garbage Expenses
$8,805
Gross Rent Multiplier
11
Total Expenses
$14,830
Cap Rate
6.3
Vacancy Rate
3
Total Number of Units
3
Unit Name
613 -615
Potential Terms
Cash, Conventional
Year Built
1920
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Shop
Energy Source
Electric
School District
Wenatchee
Elementary School
Columbia Elem
Middle School
Pioneer Mid
High School
Wenatchee High
Total Monthly Income
$4,125
Gross Scheduled Income
$49,500
Vacancy Rate
3
Gross Adjusted Income
$48,015
Tax Year
2026
Insurance Expense
$2,339
W/S/G Expenses
$8,805
Total Expenses
$14,830
Net Operating Income
$34,670
Gross Rent Multiplier
11
Cap Rate
6.3
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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