Courtesy of CB Cascade RE - Wenatchee and NWMLSNWMLS

OverviewEstate Overview - $1,100,000Closed

Listing View10
Like Count-
-
600 Douglas Street,

Wenatchee, WA 98801

The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in $11,700 in rents per month.Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every unit is separately metered.Additional benefits include garage for on-site storage and large basement where laundry and more storage is located.One of the tenants is an on-site groundskeeper who does upkeep of property and cleans units for new tenants at time of move out. He does all this for slightly reduced rent and would like to continue for the new owners.Huge benefit in this!! Central location gives tenants walking accessibility to healthcare, grocery stores, restaurants and entertainment...See More

  • 0 Beds
  • 0 Baths
  • 5485 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 1,100,000
Listing Date: 02/04/2026
Days on dealty:Was on Dealty for 177 days
County:Chelan
MLS Type:NWMLSNWMLS
Built In:1920
Has HOA:No
Status Change Date:July 31, 2026
Pool:No
Cumulative Days on market:67 days
Last Updated:08/02/2026, 08:24:25 AM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Stucco, Wood
  • Roof: Composition, Metal
Flooring
  • Hardwood
  • Laminate
  • Vinyl
  • Carpet
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Stucco, Wood Products,
  • View: Mountains, Territorial
Lot Details
  • Lot size: 0.22 Acres / 9583 Square feet

AmenitiesAmenities

Utilities
  • Cooling - Window Unit(s)
  • Heating - Wall Furnace
Laundry
    --
Parking
  • Garage Spaces: 0

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Paul Harrison

(CB Cascade RE - Wenatchee)

MLS # NWM2475160

600 Douglas Street

Wenatchee, WA 98801

$1,100,000
Flyer cover
Flyer Image
Flyer Image
FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/600-douglas-street-wenatchee-wa-98801
Approx sqft
5485
Year Built
1920
Garage
7
Lot Size
9583 sqft/ 0.22 acres

The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in $11,700 in rents per month. Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every uni...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 08/02/2026, 08:24:25 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.