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120 N Miller Street, Wenatchee
$2,750,000
2598658 MLS ⋅ ACTIVE Status
We are pleased to present Miller's Edge, a 14-unit multifamily portfolio in central Wenatchee spread across five separate parcels: three duplexes at 120, 210 and 214 N Miller St (210 and 214 are adjacent) and two adjacent fourplexes at 314 and 320 N Emerson Ave. Built between 1984 and 1988, the portfolio offers spacious two-bedroom floorplans, with eight 2 bed/1 bath units of approximately 1,000 to 1,200 SF and six 2 bed/1.5 bath units of approximately 1,200 SF, totaling approximately 16,000 net rentable SF, plus 14 carport spaces.The portfolio is 100% occupied and offered at $2,750,000 (approx. $196,000 per unit and $172 per SF), a 5.98% in-place cap rate and 9.75 GRM. Current rents average approximately $1,679 per unit against market rents of approximately $1,744, and a utility bill-back (RUBS) program offers additional income upside.Centrally located with convenient access to regional employment centers, schools, retail amenities and outdoor recreation, the properties benefit from Wenatchee's limited housing supply and steady rental demand. Sale is by a court-appointed receiver and subject to court approval.

120 N Miller Street, Wenatchee

Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com

331 S Malaga Avenue, Wenatchee
$344,900
2597467 MLS ⋅ ACTIVE Status
Excellent duplex investment opportunity in the heart of Wenatchee, conveniently located minutes from downtown. Historically, vacancy has been very low, less than 1%. Self-manage this unit and save on management fees. This income-producing property features two separate units, both currently rented. The main level offers two bedrooms, one bathroom, private laundry, a dishwasher, durable and low-maintenance luxury vinyl plank flooring, and convenient on-site parking. The lower-level unit features one bedroom, one bathroom, and its own private laundry. Ideally situated near schools, shopping, restaurants, and local parks, with easy access to the Apple Capital Loop Trail, Columbia River waterfront, Pybus Public Market, and the vibrant downtown Wenatchee district. Enjoy year-round recreation with nearby hiking and biking trails, golf courses, wineries, and skiing at Mission Ridge. An excellent opportunity to expand your investment portfolio or explore the potential for owner occupancy while generating rental income. Both units are currently leased, with the upper-level lease expiring October 2026 and the lower-level lease expiring January 2027. Buy as an investment property or buy for yourself to live in while renting out the other.

331 S Malaga Avenue, Wenatchee

Listing Broker: Nick McLean Real Estate Group; Kimberly Miller; 509-264-7282; office@nickmclean.com

25 Sun Valley Drive, Wenatchee
$559,000
2596128 MLS ⋅ ACTIVE Status
Both units fully updated & available to view! Wenatchee duplex with views of Mission Ridge and the surrounding foothills. Situated off Easy St. in Sunnyslope, on a .29 acre corner lot with room to build a garage or shop & electricity already in place. Everything is new in this 1908 light & bright charmer! Live in one unit and rent out the other, or buy as an investment property. Two units: upper/main level unit is seller occupied & is 3 bdr, 2 ba, central heating & cooling; lower unit is 1 bdr, 1 ba, wall & window unit for heating & cooling; both units have washer & dryers. Main unit is two-stories with 1 bedroom & 2 baths on the main floor, including the primary bedroom with an ensuite bath & two closets. Upstairs are two more bedrooms. Kitchen offers stained concrete floors, granite countertops, wood cabinets, and matching appliances. Building has one water heater, one main & one sub electrical panel. Yard offers plenty of room for parking, including space for an RV or boat, large covered patio, level yard with space to play or garden; lot is partially fenced; no HOAs; has irrigation water. Don't miss the chance to own the nicest multi-unit properties at this price available in the Wenatchee Valley & in the coveted Sunnyslope school district!

25 Sun Valley Drive, Wenatchee

Listing Broker: Nick McLean Real Estate Group; Susan Wall; 509-433-8138; susan@nickmclean.com

1314 Walnut Street, Wenatchee
$615,000
2372283 MLS ⋅ ACTIVE Status
Hard to find North Wenatchee Business District (NWBD). .73 acres level land for multi-family or commercial in city limits. To date the property is a single family residence. 6 beds/2.25 baths. Nestled in amongst commercial businesses on three sides. Remodel the home to multi-family or tear it down and start from scratch. See the City's District Use Chart Chapter 10.10 for a full list of permitted uses. Potential commercial/industrial uses include: mini-storage in an enclosed building, delivery services, motorized service & repair, micro brewery, boating storage facilities, veterinary service, business offices, parking facility. Potential residential uses include: live-work dwellings, multi-family, mixed use.

1314 Walnut Street, Wenatchee

Listing Broker: Premier One Properties; Laura Jaecks; 509-670-1221; laura@premierone.biz

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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