Property Details
330 Roosevelt Avenue
Wenatchee, WA 98801
$700,000
Active
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Property Overview
Exceptional investment opportunity in the heart of Wenatchee! This well positioned 5 unit multi family property offers an ideal location with convenient access to downtown, shopping, dining, and everyday amenities. The property features a desirable unit mix including (1) studio, (3) one bedroom one bathroom units, and (1) spacious three bedroom 1.5 bathroom unit. Current rents range from approximately $950 to $1,450 per month. Four of the five units have been thoughtfully remodeled, while the remaining unit has been maintained by a long term tenant, providing valuable rental history and stability. All utilities are tenant paid, helping maximize operating efficiency. Residents enjoy on site and street parking, as well as convenient on site coin operated laundry. With a strong Net Operating Income of approximately $55,913 and priced competitively with an estimated 8% cap rate, this property presents an excellent opportunity for investors seeking dependable rental income and long term value in the Wenatchee market.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Chelan
Neighborhood
Wenatchee
Listed
Jun 19, 2026
Structure Type
Multi Family
Parcel Number
222010534030
Tax & HOA
Annual Property Tax
$5,365 (2026)
Est. Monthly Tax
$447/mo
Financial Summary
Cap Rate
8.00%
Net Operating Income
$55,913
Gross Scheduled Income
$73,000
Gross Rent Multiplier
9.60
Total Expenses
$11,977
Vacancy Rate
7.0%
Building & Use
Building Sq Ft
3,908
Leasable Area
3,908 sqft
Total Units
5
Lot Size
6,534 sqft
Year Built
1913
Exterior & Lot
Lot Size
0.15 sqft
Year Built
1913
Exterior Materials
Stucco
Sewer
Sewer Connected
Water Source
Public
Lot Features
Paved, Sidewalk
Exterior Features
Stucco
Community & Access
Directions
From S Chelan Ave go southwest onto Kittitas St. South onto S Walker Ave. Property on right.
Location
City
Wenatchee
County
Chelan
Coordinates
47.41832, -120.31215
Additional Information
Tax Year
2026
Annual Taxes
$5,365
Possession
Array
Based on information submitted to the MLS GRID as of June 23, 2026 8:02 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.
