509 Okanogan Avenue Wenatchee, WA $ 475,000
509 Okanogan Avenue
$ 475,000
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509 Okanogan Avenue

Wenatchee, WA, 98801
$ 475,000
Baths0.0 Sq 2,000

Monthly Estimate*

$ 2,925

Listed by eXp Realty
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Studio

Multi-Family Home for sale in Wenatchee, WA

for $475,000. This 2,000 square foot home was built in 1919 on a lot size of 0.15.

Excellent investment opportunity with strong rental history and stable income potential! This well-maintained duplex features two units generating a combined monthly rental income of $3,400. The upper unit offers 3 bedrooms, 1 bath, 9-foot ceilings, abundant natural light, a covered front porch, fenced front yard area, and washer/dryer hookups. Efficient mini-split heating and cooling provide year-round comfort, with individual units located in each bedroom and the living room. The lower unit features 2 bedrooms, a 3/4 bath, washer/dryer hookups, and a functional floor plan designed for comfortable living. A durable metal roof helps minimize maintenance, while each unit enjoys its own garage bay and dedicated storage space. Owner currently pays water, sewer, and garbage. Tenants are responsible for electricity and internet. Conveniently located and offering desirable amenities for tenants, this income-producing property presents an excellent opportunity for investors seeking immediate cash flow and long-term rental potential.

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Multi-Family Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 3,340

Style

Duplex

Lot Size

0.15

Year Built

1919

Town/City

Wenatchee

County/Region

Chelan

MLS | Web ID

2540756

Features
General
Living Area 0
Sewer Sewer Connected
Heating Ductless Wall Furnace
Cooling Ductless Wall Unit(s)
Possession Closing Subject To Tenant Rights
Roof Metal
HOA Fee 0
Garage Spaces 2
Security Features Partially Fenced
Year Built 1919
View Territorial
Property Subtype Multi Family
Tax Year 2026
County Chelan
Net Operating Income 31177
Insurance Expense 1387
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Wenatchee
Possible Use Residential
Special Listing Conditions None
Status Active
Directions Follow GPS.
High School Buyer To Verify
City Wenatchee
Senior Community Y/N N
High School District Wenatchee
Zoning Description Residential
Number Of Units Total 2
MLS Area 971 - Wenatchee
Lot Size Units Square Feet
Lot Size Square Feet 6534
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA
Elementary School Buyer To Verify
Tax Annual Amount 3340
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Buyer To Verify
Public Remarks Excellent investment opportunity with strong rental history and stable income potential! This well-maintained duplex features two units generating a combined monthly rental income of $3 400. The uppe
Leasable Area 2000
Structure Type Duplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Wenatchee
Units Below Grade true
Units In Building Total 2
Water Sewer Garbage 2856
Property Style 52 - Duplex
Cap Rate 6.56
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Exterior
Exterior Amenities Wood
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 8
Foundation Details Poured Concrete
Building Area Total 2000
Lot Size Acres 0.15
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Fenced-Partially
Parking Uncovered Total 6
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Interior
Flooring Vinyl 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 NWM2540756
Street Number 1 509
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* Excluded Features
List By
Jackie R. Blanchfield

Listing Agent

Exp Realty

Broker

Affordability Calculator

$3,203
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,925
Monthly Property Taxes
$278
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
3100584 Elementary School
3100583 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
6/17/2026$475,000 Listed Price

Map


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509 Okanogan Avenue, Wenatchee, WA, 98801 is a Multi-Family Home for sale at $475,000 with 2,000 sqft and a lot size of 0.15. 509 Okanogan Avenue is a studio with 0.0 baths and was built in 1919. The property's zip code is 98801 which is in Wenatchee, WA