Property Details
1822 S Wenatchee Avenue
Wenatchee, WA 98801
$425,000
Active
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Property Overview
A rare and uniqes multi family opportunity. 3 single family homes on a large .71 acre parcel. Currently grandfathered but will be conforming on January 1, 2027 when the city of Wenatchee adopts new density standards allowing 2 ADU units on each parcel. Units feature long term tenants with solid rental history and low expenses. Homes were part of a multi generational family with homes built in 1924, 1933, 1943. Currently professionally managed. Current owner has explored doing a short plat to separate the 3 homes and has completed the survey and will offer that at no charge upon a successful closing to new buyer.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Chelan
Neighborhood
Wenatchee
Listed
May 15, 2026
Financial Summary
Cap Rate
6.37%
Net Operating Income
$27,071
Gross Scheduled Income
$39,900
Gross Rent Multiplier
10.65
Total Expenses
$12,031
Vacancy Rate
2.0%
Building & Use
Building Sq Ft
2,406
Leasable Area
2,406 sqft
Total Units
3
Lot Size
30,928 sqft
Year Built
1924
Exterior & Lot
Lot Size
0.71 sqft
Year Built
1924
Garage
1 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Secluded
Exterior Features
Wood
Location
City
Wenatchee
County
Chelan
Coordinates
47.39628, -120.29715
Additional Information
Tax Year
2026
Annual Taxes
$3,839
Possession
Array
Based on information submitted to the MLS GRID as of May 15, 2026 11:45 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.
