Building
Year Built:   1910
Effective Year Built:   1910
Effective Year Built Source:   Public Records
Approx. Building Sq Ft:   3,120
Roof:   Composition
Exterior:   Wood
Foundation:   Poured Concrete, Slab

Land
Lot Size:   6,098 Sq Ft
Lot Dimensions:   .140 acre/6098 sf
Lot Size Source:   Assessor
Lot Topography:   Level, Sloped
Site Frontage:   50 Ft
Depth of Lot:   120 Ft
Boundary Survey:   No
Environment Survey:   No
Expansion Area:   No

Utilities
Power Company:   Chelan County PUD
Water Source:   Public
Water Company:   City of Wenatchee
Sewer:   Sewer Connected
Sewer Company:   City of Wenatchee

Total Sq Ft Rented:   3,120

Income
Total Monthly Rent:   $7,200

Expenses
Electrical Expense:   $1,500
Water/Sewer/Garbage:   $1,200
Insurance Expenses:   $1,200
Total Expenses:   $6,039
Total Expenses:   $6,039

Computation / Other
Free and Clear:   Yes

Address:   408 S Wenatchee Avenue, Wenatchee, WA 98801
City:   Wenatchee
State:   
Zip Code:   98801
Latitude:   47.41903900
Longitude:   -120.30735800
Driving Directions:   GPS friendly.

Community Name:   South Wenatchee

County:   Chelan
Tax Number:   222010815316
Zoning Jurisdiction:   City
Land Assessed Value:   $97,574
Improved Assessed Value:   $115,900
Total Assessed Value:   $213,474
Year Value Assessed:   2025.00
Tax Amount:   $2,139   Tax amount may change after sale.
Tax Year:   2025

Listing Price:   $499,900
3rd Party Approval Required:   None
Possession Allowed:   Closing
Preliminary Title Ordered:   Yes

Listing Number:   2380628
Listing Status:   Active
Listing Office:   Premier One Properties
Listing Date:   2025-05-23
Pending Date:   2025-06-08
Original Listing Price:   $547,200
MLS Area:   Wenatchee
Marketing Remarks:   Opportunity Knocks on this 7 unit property. Commercial office space + a mix of multi family. 3120 Square feet with 4 units on the main level with separate entrances & 3 upstairs with shared entry. Private baths and living space with kitchenette in each unit. Sure to satify your cap rate and long term investment plans while equity continues to grow. Excellent location near the Market, Columbia Station transit, and Lighthouse ministries. Only blocks from Wenatchee Apple Capital Loop trail, businesses and restaurants. Catch the vision to support affordable housing in this orignal and historic gem of the ever improving South Wenatchee district. New Roof, Insulation, Windows, Doors, Exterior and Interior Paint, Lighting & more. Flooring needed.

The information contained in this listing has not been verified by Katz Realty, Inc. and should be verified by the buyer.
* Cumulative days on market are days since current listing date.