616 Columbia Avenue Bridgeport, WA $ 574,900
616 Columbia Avenue
$ 574,900
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616 Columbia Avenue

Bridgeport, WA, 98813
$ 574,900
Baths0.0 Sq 4,228

Monthly Estimate*

$ 3,540

Listed by CB Cascade - Wenatchee
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Studio

Multi-Family Home for sale in Bridgeport, WA

for $574,900. This 4,228 square foot home was built in 1951 on a lot size of 0.42.

Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this recently remodeled seven-unit apartment complex offers impressive returns with a strong 9.8% Net Cap Rate and tremendous 7.75% Gross Rent Multiplier! New improvements include a brand new TPO roof, interior remodels to units, and new exterior paint. Low operating costs and cheap utilities make this a high-efficiency investment. With the building totaling 4,228 square feet of one-level living, this property also features a shared laundry room and large backyard which includes a versatile 416 square foot shop for storage or additional income. Located in a central area of Washington with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside. **Seller Financing Available** With reasonable financing terms from the Seller, you can acquire this great income-producing property AND keep the mortgage off your books, bureaus, ratios, etc. Leases and Financials available upon request.

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Multi-Family Active

Price

$ 574,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,850

Style

5-9 Units

Lot Size

0.42

Year Built

1951

Town/City

Bridgeport

County/Region

Douglas

MLS | Web ID

2484253

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling Window Unit(s)
Possession Closing Subject to Tenant Rights
Roof See Remarks
HOA Fee 0
Garage Spaces 0
Year Built 1951
Property Subtype Multi Family
Tax Year 2026
County Douglas
Net Operating Income 56225
Insurance Expense 5751
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Bridgeport
Special Listing Conditions None
Status Active
Directions Please use GPS navigation. Look for sign.
High School Bridgeport High
City Bridgeport
Senior Community Y/N N
High School District Bridgeport
Number Of Units Total 7
MLS Area 968 - Bridgeport
Lot Size Units Square Feet
Lot Size Square Feet 18295
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional Owner Will Carry
Elementary School Bridgeport Elem
Tax Annual Amount 1850
Electric Expense 590
Fuel Expense 0
Middle/Junior High School Bridgeport Mid
Property Condition Updated/Remodeled
Public Remarks Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented this recently remodeled seven-unit apartment complex offers impressive returns with a strong 9.8% Net C
Leasable Area 4228
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Water Company City of Bridgeport
Units Below Grade false
Units In Building Total 7
Water Sewer Garbage 9744
Property Style 55 - 5-9 Units
Cap Rate 9.78
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Exterior
Exterior Amenities Stucco
Water Source Public
Foundation Details Poured Concrete
Building Area Total 4228
Lot Size Acres 0.42
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Parking Uncovered Total 12
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Interior
Flooring Vinyl Plank
Total Fireplaces 0
Total Stories 1
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 NWM2484253
Street Number 1 616
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* Excluded Features
List By
Paul Harrison

Listing Agent

Cb Cascade - Wenatchee

Broker

Affordability Calculator

$3,694
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,540
Monthly Property Taxes
$154
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
3373904 Elementary School
3765925 Middle School
Bridgeport High High School
Pricing History
DatePricePrice ChangeDescription
2/25/2026$574,900 Listed Price

Map


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616 Columbia Avenue, Bridgeport, WA, 98813 is a Multi-Family Home for sale at $574,900 with 4,228 sqft and a lot size of 0.42. 616 Columbia Avenue is a studio with 0.0 baths and was built in 1951. The property's zip code is 98813 which is in Bridgeport, WA