509 2nd Street NE East Wenatchee, WA $ 1,250,000
509 2nd Street NE
$ 1,250,000
Foreclosure
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509 2nd Street NE

East Wenatchee, WA, 98802
$ 1,250,000
Baths0.0 Sq 4,192

Monthly Estimate*

$ 7,696

Listed by Nick McLean Real Estate Group
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Studio

Multi-Family Home for sale in East Wenatchee, WA

for $1,250,000. This 4,192 square foot home was built in 1983 on a lot size of 0.35.

Prime Investment Opportunity in East Wenatchee! This impeccably maintained 4-plex offers the perfect blend of stability and location. Each of the four spacious units features a desirable 2-bedroom, 1.75-bathroom floor plan, designed for comfortable living and long-term tenant retention. Situated just minutes from downtown and local conveniences, the property stays in high demand. With a proven rental history and recent updates throughout, this is a turnkey addition to any portfolio. Don't miss out on this rare, low-vacancy gem in a growing market!

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Multi-Family Active

Price

$ 1,250,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,598

Style

4-Plex

Lot Size

0.35

Year Built

1983

Town/City

East Wenatchee

County/Region

Douglas

MLS | Web ID

2458657

Features
General
Living Area 0
Sewer Available
Heating Baseboard
Cooling Wall Unit(s)
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Security System
Year Built 1983
View City Mountain(s)
Property Subtype Multi Family
Tax Year 2025
County Douglas
Net Operating Income 73706
Insurance Expense 5841
New Construction N
Property Type Residential Income
HOA N
Subdivision Name East Wenatchee
Possible Use Multi-Family Residential
Special Listing Conditions Bank Or REO None
Status Active
Directions 2nd Street NE off Eastmont Ave.
High School Eastmont Snr High
City East Wenatchee
Senior Community Y/N N
High School District Eastmont
Zoning Description Multi-Family Residential
Open Parking Spaces 4
Number Of Units Total 4
MLS Area 970 - East Wenatchee
Lot Size Units Square Feet
Lot Size Square Feet 15246
Carport Spaces 4
Carport Y/N N
Listing Terms Assumable Cash Conventional FHA
Elementary School Buyer To Verify
Tax Annual Amount 5598
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Property Condition Good
Public Remarks Prime Investment Opportunity in East Wenatchee! This impeccably maintained 4-plex offers the perfect blend of stability and location. Each of the four spacious units features a desirable 2-bedroom 1.
Leasable Area 4000
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Storage
Water Company East Wenatchee Water
Units Below Grade false
Units In Building Total 4
Water Sewer Garbage 5228
Property Style 54 - 4-Plex
Cap Rate 6
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Exterior
Exterior Amenities Wood
Lot Features Alley Dead End Street Paved Secluded
Water Source Public
Total Parking 8
Foundation Details Block
Building Area Total 4192
Lot Size Acres 0.35
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Electric Car Charging
Parking Uncovered Total 8
Parking Uncovered Spaces 4
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Interior
Flooring Ceramic Tile Vinyl Plank Carpet
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N Y
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 NWM2458657
Street Number 1 509
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* Excluded Features
List By
Trevor King

Listing Agent

Nick Mclean Real Estate Group

Broker

Affordability Calculator

$8,163
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$467
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3100078 Elementary School
3100635 Middle School
Eastmont Snr High High School
Pricing History
DatePricePrice ChangeDescription
2/16/2026$1,250,000 Listed Price

Map


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509 2nd Street NE, East Wenatchee, WA, 98802 is a Multi-Family Home for sale at $1,250,000 with 4,192 sqft and a lot size of 0.35. 509 2nd Street NE is a studio with 0.0 baths and was built in 1983. The property's zip code is 98802 which is in East Wenatchee, WA