Property Details
304 W 6th
Ellensburg, WA 98926
$499,000
Active
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Property Overview
Investors, take note of this versatile property at 304 W 6th Ave, Ellensburg. This multi-unit building is located close to the vibrant Historic Downtown and local government offices. This investment boasts a total of four units—two spacious 2-bedroom units & two efficient studio units. Many recent updates, including contemporary kitchens that add significant value and appeal for tenants. Easy parking, enhancing convenience for residents. Zoned for Residential Office use, offering the flexibility of additional business usage in a high-demand area. For real estate investors looking to expand their portfolio in a solid market with growth potential, this listing is an ideal candidate.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Kittitas
Neighborhood
Central Ellensburg
Listed
Dec 5, 2025
Original Price
$529,000
Financial Summary
Cap Rate
7.07%
Net Operating Income
$37,422
Gross Scheduled Income
$46,200
Gross Rent Multiplier
17.99
Total Expenses
$9,978
Vacancy Rate
25.0%
Building & Use
Building Sq Ft
2,744
Leasable Area
2,744 sqft
Total Units
4
Zoning
Residential
Possible Use
Residential
Lot Size
4,400 sqft
Year Built
1968
Exterior & Lot
Lot Size
0.10 sqft
Year Built
1968
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Paved
Exterior Features
Wood, Wood Products
Location
City
Ellensburg
County
Kittitas
Coordinates
46.99726, -120.55093
Additional Information
Tax Year
2025
Annual Taxes
$4,278
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.
