Property Details
1014 Main Street
Oroville, WA 98844
$750,000
Active
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Property Overview
Own a Piece of Oroville’s Historic Charm – Prime Investment Opportunity! The Alaskan Apartments feature 12 updated rental apartments and 2 cozy cabins. The property spans three parcels, offering outdoor space for tenants to enjoy, and is located just a few blocks from grocery stores, shops, restaurants, schools, and more. Each apartment has been carefully updated, with private bathrooms adding extra appeal. The expansive outdoor areas are a rare feature for a rental property like this. With strong demand for rentals and steady income potential, this property is a solid investment. The three-parcel setup also offers future development opportunities to increase value. Parcels: 2040560900, 2040561101, 2040561200.
Property Details
Property Information
Property Type
Commercial Sale
Subtype
Commercial Industrial
Status
Active
County
Okanogan
Neighborhood
Oroville
Listed
Mar 22, 2026
Financial Summary
Cap Rate
9.00%
Net Operating Income
$97,696
Gross Scheduled Income
$139,200
Gross Rent Multiplier
6.67
Total Expenses
$41,504
Building & Use
Building Sq Ft
5,198
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
22,399 sqft
Year Built
1906
Exterior & Lot
Lot Size
0.51 sqft
Year Built
1906
Exterior Materials
Brick, Cement
Sewer
Sewer Connected
Water Source
Community, Individual Well
Exterior Features
Brick, Cement/Concrete
Location
City
Oroville
County
Okanogan
Coordinates
48.93463, -119.43729
Additional Information
Tax Year
2025
Annual Taxes
$4,477
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
