Property Details
146 S Delaware Avenue
Wenatchee, WA 98801
$595,000
Pending
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Property Overview
Historic Downtown Wenatchee Triplex Across from Chase Park Located in Wenatchee’s Grandview Historic District, this charming 1922 triplex offers a rare opportunity to own an income property in a prime location. Situated directly across from Chase Park and just blocks from downtown restaurants, shops, and the riverfront, the setting is hard to beat. The property features three units: a 2 bed/1 bath main unit and two 1 bed/1 bath units, plus a detached garage for added income or storage. Each unit has been updated while preserving historic charm. Ideal for investors or owner-occupants looking to live in one unit and rent the others.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Pending
County
Chelan
Neighborhood
Wenatchee
Listed
Feb 3, 2026
Financial Summary
Cap Rate
8.70%
Net Operating Income
$51,780
Gross Scheduled Income
$64,200
Gross Rent Multiplier
9.30
Total Expenses
$10,820
Vacancy Rate
5.0%
Building & Use
Leasable Area
2,331 sqft
Total Units
3
Zoning
Residential
Possible Use
Residential
Year Built
1920
Exterior & Lot
Lot Size
0.14 sqft
Year Built
1920
Garage
1 spaces
Exterior Materials
Stucco, Wood
Sewer
Sewer Connected
Exterior Features
Stucco, Wood
Location
City
Wenatchee
County
Chelan
Coordinates
47.42073, -120.31974
Additional Information
Tax Year
2025
Annual Taxes
$3,685
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 5:11 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.
