603 E 3rd Avenue Ellensburg, WA $ 579,000
603 E 3rd Avenue
$ 579,000
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603 E 3rd Avenue

Ellensburg, WA, 98926
$ 579,000
Baths0.0 Sq 3,116

Monthly Estimate*

$ 3,612

Listed by Coldwell Banker Bain
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Studio

Multi-Family Home for sale in Ellensburg, WA

for $579,000. This 3,116 square foot home was built in 1915 on a lot size of 0.1284.

Excellent Investment opportunity near downtown Ellensburg that is full of potential! This 4 plex features three 2-bedroom units and 1-one-bedroom unit, each equipped with baseboard heat and updated insulated windows. The property offers solid income potential and is ready for updates and improvements. Two of the units boast Lopi gas stoves. Conveniently located close to CWU, shopping and downtown amenities, this property provides strong rental appeal and long term grown potential. This is a great chance to add value in a desirable Ellensburg location.

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Multi-Family Active

Price

$ 579,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,158

Style

4-Plex

Lot Size

0.1284

Year Built

1915

Town/City

Ellensburg

County/Region

Kittitas

MLS | Web ID

2444659

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling None
Possession Closing
Roof Composition
HOA Fee 0
Year Built 1915
Property Subtype Multi Family
Tax Year 2025
Building Name Shoudy's First T AX#4
Assoc Fee Paid Per Not Applicable
County Kittitas
Net Operating Income 6081
Insurance Expense 3161
New Construction N
Property Type Residential Income
HOA N
Energy Efficient Thermal Windows
Subdivision Name Central Ellensburg
Possible Use Multi-Family
Special Listing Conditions None
Status Active
Directions Drive East on 3rd Avenue through downtown Ellensburg. The 4 plex is located between Sampson and Walnut streets on 3rd Avenue
High School Ellensburg High
City Ellensburg
Senior Community Y/N N
High School District Ellensburg
Zoning Description Multi-Family
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 949 - Lower Kittitas County
Lot Size Units Square Feet
Lot Size Square Feet 5592
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Lincoln Elementary
Tax Annual Amount 5158
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Morgan Mid
Property Condition Average
Public Remarks Excellent Investment opportunity near downtown Ellensburg that is full of potential! This 4 plex features three 2-bedroom units and 1-one-bedroom unit each equipped with baseboard heat and updated in
Leasable Area 3000
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Thermal Windows
Water Company City
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 0
Property Style 54 - 4-Plex
Cap Rate 8
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Exterior
Exterior Amenities Wood
Lot Features Alley Paved Sidewalk
Water Source Public
Total Parking 4
Foundation Details Block
Building Area Total 3116
Lot Dimensions 60 X 93.2
Lot Size Acres 0.1284
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Spaces 4
Lot Number 4 and 5
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Interior
Flooring Laminate Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2444659
Street Number 1 603
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* Excluded Features
List By
Jim Ridgway

Listing Agent

Coldwell Banker Bain

Broker

Affordability Calculator

$4,042
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,612
Monthly Property Taxes
$430
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5098527 Elementary School
258710 Middle School
Ellensburg High High School
Pricing History
DatePricePrice ChangeDescription
10/24/2025$579,000 Listed Price

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603 E 3rd Avenue, Ellensburg, WA, 98926 is a Multi-Family Home for sale at $579,000 with 3,116 sqft and a lot size of 0.1284. 603 E 3rd Avenue is a studio with 0.0 baths and was built in 1915. The property's zip code is 98926 which is in Ellensburg, WA