113 N Cleveland Avenue Wenatchee, WA $ 695,000
113 N Cleveland Avenue
$ 695,000
Recently Listed
Open House 8/8 12pm - 2pm
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113 N Cleveland Avenue

Wenatchee, WA, 98801
$ 695,000
Bedrooms4 Baths4.0 Sq 2,874

Monthly Estimate*

$ 4,388

Listed by John L. Scott Wenatchee
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Multi-Family Home for sale in Wenatchee, WA

for $695,000 with 4 bedrooms and 4 full baths. This 2,874 square foot home was built in 1918 on a lot size of 0.14.

Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping, employment, and transportation, this investment property features separately metered units, helping minimize owner expenses. Tenants enjoy ample off-street parking, coin-operated laundry, and alley access. The Residential High zoning presents potential future development opportunities, with possible room for additional units (buyer to verify feasibility). Numerous updates throughout and consistent maintenance make this a turnkey investment with immediate income and long-term upside.

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Open House

8/8/2026 12:00 PM - 2:00 PM
113 N Cleveland Avenue Wenatchee, WA
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

$ 695,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 2,853

Style

4-Plex

Lot Size

0.14

Year Built

1918

Town/City

Wenatchee

County/Region

Chelan

MLS | Web ID

2564337

Features
General
Living Area 0
Sewer Sewer Connected
Heating Baseboard
Cooling Wall Unit(s) Window Unit(s)
Possession Closing Subject To Tenant Rights
Roof Composition
HOA Fee 0
Garage Spaces 1
Security Features Partially Fenced
Year Built 1918
View Mountains Territorial
Property Subtype Multi Family
Tax Year 2026
County Chelan
Net Operating Income 51265
Insurance Expense 2678
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Wenatchee
Possible Use Multi-Family See Remarks
Special Listing Conditions None
Status Active
Directions From Chelan Ave turn R on 2nd St and R on N Cleveland. Property is on your left.
City Wenatchee
Senior Community Y/N N
High School District Wenatchee
Zoning Description Multi-Family See Remarks
Number Of Units Total 4
MLS Area 971 - Wenatchee
Lot Size Units Square Feet
Lot Size Square Feet 6098
Carport Spaces 0
Carport Y/N N
Listing Terms Cash Conventional FHA VA Loan
Tax Annual Amount 2853
Electric Expense 0
Fuel Expense 0
Public Remarks Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping employment and transportation th
Leasable Area 3374
Structure Type Quadruplex
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry
Units Below Grade true
Units In Building Total 4
Water Sewer Garbage 4944
Property Style 54 - 4-Plex
Cap Rate 8.89
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Exterior
Exterior Amenities Wood
Lot Features Alley Curbs Paved Sidewalk
Water Source Public
Total Parking 7
Foundation Details Poured Concrete
Building Area Total 2874
Lot Size Acres 0.14
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Deck Fenced-Partially High Speed Internet Outbuildings Patio Rooftop Deck Sprinkler System
Parking Uncovered Total 6
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Interior
Flooring Ceramic Tile Laminate 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 NWM2564337
Street Number 1 113
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* Excluded Features
List By
Nicole Begin

Listing Agent

John L. Scott Wenatchee

Broker

Affordability Calculator

$4,626
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,388
Monthly Property Taxes
$238
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
257574 Elementary School
258781 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/5/2026$695,000 Listed Price

Map


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113 N Cleveland Avenue, Wenatchee, WA, 98801 is a Multi-Family Home for sale at $695,000 with 2,874 sqft and a lot size of 0.14. 113 N Cleveland Avenue has 4 bedrooms, 4.0 baths, and was built in 1918. The property's zip code is 98801 which is in Wenatchee, WA