600 Douglas Street, Wenatchee, WA 98801 (MLS # 2475160)
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Listing provided courtesy of Northwest MLS; CB Cascade - Wenatchee
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The Financials are strong with this one!! Nine-unit complex in Wenatchee's Historic District now available for purchase. Currently at 100% occupancy and fully leased, this investment property brings in over $11,000 in rents per month. Additional income from coin-op laundry too. ***That's a 10.3% NET CAP RATE & 7.87 GROSS RENT MULTIPLIER*** Common area and most units have been recently remodeled. Nine-unit complex spans three addresses: 600 Douglas St, 608 Douglas St, and 612 Idaho St. 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.
| LAST UPDATED | 2/4/2026 | TRACT | Wenatchee |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Wenatchee |
| COUNTY | Chelan | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Buyer To Verify |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 971 - Wenatchee |
| BASEMENT | Yes |
| CONSTRUCTION | Stucco, Wood Siding |
| HEAT | Electric |
| LOT | 9583 sq ft |
| LOT DESCRIPTION | Alley, Corner Lot, Curbs, Paved, Sidewalk |
| MLS STATUS | Active |
| STORIES | 3 |
| STYLE | 55 - 5-9 Units |
| SUBDIVISION | Wenatchee |
| TAXES | 4777 |
| UTILITIES | Sewer Connected |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Territorial |
| WATER | Public |
| ZONING | Multi-Family,Residential |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/5/26 12:12 AM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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