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Listed by: Scott Thompson (509) 670-7406 , Kelly L. Thompson (509) 264-3185 | Premier One Properties (509) 662-3491
$725,000
Monthly Est:$3,609
7 Beds
- 4 Baths
2,976sqft
128 S Western Ave #1, Wenatchee, WA 98801
$725,000
$3,609/moEst:
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Multi Family
Built in 1976
$-- HOA
9,583 sqft lot
$244/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 21, 2026 at 8:44 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2576746

Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
2,976 sqft
Lot Size
9,583 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2576746
MLS Status
Active
Days on Market
29
Cumulative Days on Market
28

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 4
Interior
Flooring
Laminate, Vinyl Plank, Carpet
Exterior Features
Wood Products
Sewer
Sewer Connected
Heating
Forced Air, Heat Pump
Cooling
Forced Air, Heat Pump
Construction
Year Built
Year Built: 1976
Home type
Multi Family
Roof
Composition
Property Condition
Very Good
Foundation Details
Poured Concrete
Construction Materials
Wood
Utilities & Energy
Security Features
Partially Fenced
Water Source
Public
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Wenatchee
Price History
| Date | Event | Price |
|---|---|---|
09/04/2026 Source: | Listed for Sale | $725,000 +107.14% $244/sqft |
02/22/2018 Source: | Sold | $350,000 $118/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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