Property Details
1327 S Miller Street
Wenatchee, WA 98801
$725,000
Pending
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Property Overview
Excellent investment opportunity featuring a quality duplex built in 2018, conveniently located close to the hospital, schools, and recreation. Both units are currently leased with long-term tenants in place, offering immediate and reliable rental income. Each spacious unit offers 3 bedrooms, 2.5 baths, and approximately 1,776 square feet of comfortable living space. Thoughtfully designed with large kitchens providing abundant counter space and cabinetry, separate laundry rooms with washer and dryer, and attached single-car garages. Each unit enjoys its own furnace and heat pump for efficient, independent heating and cooling. Tenants also benefit from fenced backyard areas with patios and ample off-street parking. Tenants pay their own electricity and internet, while the owner covers water, sewer, and garbage. Additional income potential with a detached garage that may be rented separately. A well-maintained property offering strong rental appeal and long-term investment value in a desirable location.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Chelan
Neighborhood
Wenatchee
Listed
Apr 8, 2026
Financial Summary
Cap Rate
5.67%
Net Operating Income
$41,101
Gross Scheduled Income
$54,000
Gross Rent Multiplier
13.43
Total Expenses
$12,899
Building & Use
Building Sq Ft
3,552
Leasable Area
3,552 sqft
Total Units
2
Zoning
Residential
Possible Use
Residential
Lot Size
10,019 sqft
Year Built
2018
Exterior & Lot
Lot Size
0.23 sqft
Year Built
2018
Garage
4 spaces
Exterior Materials
Wood
Parking
RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Curbs, Paved
Exterior Features
Wood
Location
City
Wenatchee
County
Chelan
Coordinates
47.40481, -120.32419
Additional Information
Tax Year
2026
Annual Taxes
$6,759
Possession
Array
Based on information submitted to the MLS GRID as of April 27, 2026 3:15 AM. 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.
