$725,000
 $3,892 est/mo Sourced by Back At You

128 S Western Avenue 1,Wenatchee, WA 98801

Wenatchee, WA 98801

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Description

Exceptional Investment Opportunity! This immaculate, turnkey tri-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $59,700 in annual gross income with an attractive 6.5% cap rate, this property presents an exceptional opportunity for investors. One of the units offers 1400 sq ft with two bathrooms while the other two offer 775 sq ft with one full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. The larger unit includes 2 covered parking spaces, and the two other units have one covered space and one uncovered space, providing ample off-street parking for residents. The property is fully rented and has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, along with a brand new roof, this tri-plex is an opportunity you won't want to miss! Additional properties also available for sale including MLS #'s 257635, 2576744, 2576746.

Details

MLS #2576746
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1976
Days On Site66
Listing Provided ByPremier One Properties | Scott Thompson

Features

SQ Feet2,976
Car PortYes
Story(s)2
Units3
Acreage0.22
Property ViewYes

Taxes

Property3594

Area Information

StateWA
CountyChelan
CityWenatchee
Zip Code98801
Area971 Wenatchee
Community NameWenatchee
School DistrictWenatchee High
Elementary SchoolJohn Newbery Elem
High SchoolWenatchee High
Listing VS Median (in Wenatchee)
Price:
$725,000
low | high
Med:
$519,900
78.289655172414% of Average
sqft:
2,976
low | high
Med:
1,714
92.405913978495% of Average
$ / sqft:
$244
low | high
Med:
$303
25.490089727598% of Average
On site:
66
low | high
Med:
53
100% of Average
Sourced by Back At You

Market Activity 98801

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Learn More About This Property

StateWA
CountyChelan
CityWenatchee
Zip Code98801
Area971 Wenatchee
Community NameWenatchee
School DistrictWenatchee High
Elementary SchoolJohn Newbery Elem
High SchoolWenatchee High
Listing VS Median (in Wenatchee)
Price:
$725,000
low | high
Med:
$519,900
78.289655172414% of Average
sqft:
2,976
low | high
Med:
1,714
92.405913978495% of Average
$ / sqft:
$244
low | high
Med:
$303
25.490089727598% of Average
On site:
66
low | high
Med:
53
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $543K - $906K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
1920 Emerald Place Property Photo 1
$720,000
1920 Emerald Place
Wenatchee, WA 98801
Listing Updated: October 29, 2026 at 3:38:48 PM PDT