128 S Western Avenue # 1 Wenatchee, WA $ 725,000
128 S Western Avenue # 1
$ 725,000
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128 S Western Avenue # 1

Wenatchee, WA, 98801
$ 725,000
Bedrooms7 Baths4.0 Sq 2,976

Monthly Estimate*

$ 4,578

Listed by Premier One Properties
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Multi-Family Home for sale in Wenatchee, WA

for $725,000 with 7 bedrooms and 4 full baths. This 2,976 square foot home was built in 1976 on a lot size of 0.22.

Exceptional Investment Opportunity! This immaculate, turnkey tri-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $59,700 in annual gross income with an attractive 6% cap rate, this property presents an exceptional opportunity for investors. One of the units offers 1400 sq ft with two bathrooms while the other two offer 775 sq ft with one full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. The larger unit includes 2 covered parking spaces, and the two other units have one covered space and one uncovered space, providing ample off-street parking for residents. The property is fully rented and has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this tri-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.

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Multi-Family Active

Price

$ 725,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,594

Style

Tri-plex

Lot Size

0.22

Year Built

1976

Town/City

Wenatchee

County/Region

Chelan

MLS | Web ID

2576746

Features
General
Living Area 0
Sewer Sewer Connected
Heating Forced Air Heat Pump
Cooling Forced Air Heat Pump
Possession Closing
Roof Composition
HOA Fee 0
Garage Spaces 0
Security Features Partially Fenced
Year Built 1976
View Mountains Territorial
Unit Number 1
Property Subtype Multi Family
Tax Year 2026
County Chelan
Net Operating Income 44006
Insurance Expense 2056
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Wenatchee
Special Listing Conditions None
Status Active
Directions Take S Western just past Washington. Complex on the West side of street.
High School Wenatchee High
City Wenatchee
Senior Community Y/N N
High School District Wenatchee
Number Of Units Total 3
MLS Area 971 - Wenatchee
Lot Size Units Square Feet
Lot Size Square Feet 9583
Carport Spaces 4
Carport Y/N N
Listing Terms Cash Conventional
Elementary School John Newbery Elem
Tax Annual Amount 3594
Electric Expense 0
Fuel Expense 0
Middle/Junior High School Orchard Mid
Property Condition Very Good
Public Remarks Exceptional Investment Opportunity! This immaculate turnkey tri-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history market rents a
Leasable Area 2976
Structure Type Triplex
Building Area Units Square Feet
Standard Status Active
Water Company City of Wenatchee
Units Below Grade false
Units In Building Total 3
Water Sewer Garbage 8424
Property Style 53 - Tri-plex
Cap Rate 6.06
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Exterior
Exterior Amenities Wood Products
Lot Features Curbs Paved Sidewalk
Water Source Public
Total Parking 6
Foundation Details Poured Concrete
Building Area Total 2976
Lot Size Acres 0.22
Waterfront Y/N N
Covered Spaces 4
Irrigation Water Rights Y/N N
Site Features Fenced-Partially High Speed Internet Patio Sprinkler System
Parking Uncovered Total 2
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Interior
Flooring 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 NWM2576746
Street Number 1 128
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* Excluded Features
List By
Scott Thompson

Listing Agent

Premier One Properties

Broker

Affordability Calculator

$4,877
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,578
Monthly Property Taxes
$300
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
257972 Elementary School
258839 Middle School
Wenatchee High High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$725,000 Listed Price

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128 S Western Avenue # 1, Wenatchee, WA, 98801 is a Multi-Family Home for sale at $725,000 with 2,976 sqft and a lot size of 0.22. 128 S Western Avenue # 1 has 7 bedrooms, 4.0 baths, and was built in 1976. The property's zip code is 98801 which is in Wenatchee, WA