Property Details
600 Douglas Street
Wenatchee, WA 98801
$1,100,000
Active
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Property Overview
The Financials are strong with this one!! Nine-unit complex in the center of Wenatchee available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in $11,700 in rents per month. Additional income from coin-op laundry too. ***That's a 9.65% NET CAP RATE & 7.84 GROSS RENT MULTIPLIER*** Units consist of four 2 bed/1 bath, three 1 bed/1 bath, two studios and one 3 bed/1 bath apartments. Common area and most units have been recently remodeled. Every unit is separately metered. Additional benefits include garage for on-site storage and large basement where laundry and more storage is located. One of the tenants is an on-site groundskeeper who does upkeep of property and cleans units for new tenants at time of move out. He does all this for slightly reduced rent and would like to continue for the new owners. Huge benefit in this!! Central location gives tenants walking accessibility to healthcare, grocery stores, restaurants and entertainment. Financials and leases available upon request. 48-hour minimum notice for showings. Do not disturb tenants.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Chelan
Neighborhood
Wenatchee
Listed
Feb 4, 2026
Financial Summary
Cap Rate
9.65%
Net Operating Income
$106,149
Gross Scheduled Income
$140,400
Gross Rent Multiplier
7.84
Total Expenses
$28,635
Vacancy Rate
4.0%
Building & Use
Building Sq Ft
5,485
Leasable Area
5,180 sqft
Total Units
10
Zoning
Multi-Family,Residential
Possible Use
Multi-Family, Residential
Lot Size
9,583 sqft
Year Built
1920
Exterior & Lot
Lot Size
0.22 sqft
Year Built
1920
Exterior Materials
Stucco, Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Corner Lot, Curbs, Paved, Sidewalk
Exterior Features
Stucco, Wood Products
Location
City
Wenatchee
County
Chelan
Coordinates
47.41965, -120.31873
Additional Information
Tax Year
2025
Annual Taxes
$6,653
Possession
Array
Based on information submitted to the MLS GRID as of April 25, 2026 4:34 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.
