Property Type
Listing Details for 616 Columbia Avenue #7, Bridgeport, WA 98813
MLS #: 2425895
616 Columbia Avenue #7, Bridgeport, WA 98813
Listing Number: 2425895
Listing Price: $679,000
Number of Units: 7
Lot Size: 18,295 Sq Ft
Total Parking Spaces: 7
Listing Price: $679,000
Number of Units: 7
Lot Size: 18,295 Sq Ft
Total Parking Spaces: 7
Courtesy: CB Cascade - Winthrop
-= Complex Details =-
Number of Units: 7
Financial
Electrical Expenses: $1,182
Water/Sewer/Garbage: $9,744
Insurance Expenses: $5,751
Total Expeses: $18,148
Total Monthly Income: $5,290
Net Operating Income: $63,483
Gross Adjusted Income: $80,160
Gross Scheduled Income: $80,160
Cap Rate (NOI / Listing Price): $9.30
Gross Rent Multiplier: $8.00
Financial
Electrical Expenses: $1,182
Water/Sewer/Garbage: $9,744
Insurance Expenses: $5,751
Total Expeses: $18,148
Total Monthly Income: $5,290
Net Operating Income: $63,483
Gross Adjusted Income: $80,160
Gross Scheduled Income: $80,160
Cap Rate (NOI / Listing Price): $9.30
Gross Rent Multiplier: $8.00
-= Building Details =-
Year Built: 1951
Number of Stories: 1
Amenities: See Remarks
Roof: Metal
Exterior: Stucco
Foundation: Poured Concrete
Approx. Sq Ft: 4,228
Leased Items: None
Number of Stories: 1
Amenities: See Remarks
Roof: Metal
Exterior: Stucco
Foundation: Poured Concrete
Approx. Sq Ft: 4,228
Leased Items: None
-= Unit Details =-
-= Site Details =-
Lot Size: 18,295 Sq Ft
Lot Size Source: County
Utilities
Energy Source: Electric
Parking
Number of Uncovered Parking Spaces: 7
Total Number of Parking Spaces: 7
Lot Size Source: County
Utilities
Energy Source: Electric
Parking
Number of Uncovered Parking Spaces: 7
Total Number of Parking Spaces: 7
-= Location Information =-
Address: 616 Columbia Avenue #7, Bridgeport, WA 98813
City: Bridgeport
State:
Zip Code: 98813
Latitude: 48.01315500
Longitude: -119.68160100
Driving Directions: GPS maps accurately.
City: Bridgeport
State:
Zip Code: 98813
Latitude: 48.01315500
Longitude: -119.68160100
Driving Directions: GPS maps accurately.
-= Community Information =-
Community Name: Bridgeport
School District: Bridgeport
School District: Bridgeport
-= Assessor Information =-
County: Douglas
Tax Number: 00202701300
Tax Amount: $1,471 Tax amount may change after sale.
Tax Year: 2025
Tax Number: 00202701300
Tax Amount: $1,471 Tax amount may change after sale.
Tax Year: 2025
-= Purchase Information =-
Listing Price: $679,000
Potential Terms: Cash Out, Conventional, Owner Financing
3rd Party Approval Required: None
Possession Allowed: Closing
Preliminary Title Ordered: Yes
Potential Terms: Cash Out, Conventional, Owner Financing
3rd Party Approval Required: None
Possession Allowed: Closing
Preliminary Title Ordered: Yes
-= MLS Listing Details =-
Listing Number: 2425895
Listing Status: Active
Listing Office: CB Cascade - Winthrop
Co-listing Office: CB Cascade - Winthrop
Listing Date: 2025-08-27
MLS Area: Bridgeport
Lot Size Source: County
Marketing Remarks: Exceptional Investment Opportunity with solid financials– Multifamily in Bridgeport. Recently updated 7-unit, single-story apartment complex offering strong returns with an approaching 10% cap rate. Low operating costs and low utilities make this a high-efficiency investment! Built in 1951 and totaling 4, 228 sq ft property features a shared laundry room, metal roof and gracious size yard including a versatile 416 sq ft shop for storage or added income. Located in a central area with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside.
Listing Status: Active
Listing Office: CB Cascade - Winthrop
Co-listing Office: CB Cascade - Winthrop
Listing Date: 2025-08-27
MLS Area: Bridgeport
Lot Size Source: County
Marketing Remarks: Exceptional Investment Opportunity with solid financials– Multifamily in Bridgeport. Recently updated 7-unit, single-story apartment complex offering strong returns with an approaching 10% cap rate. Low operating costs and low utilities make this a high-efficiency investment! Built in 1951 and totaling 4, 228 sq ft property features a shared laundry room, metal roof and gracious size yard including a versatile 416 sq ft shop for storage or added income. Located in a central area with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside.
-= Multiple Listing Service =-
-= Disclaimer =-
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.
* Cumulative days on market are days since current listing date.
