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Listed by: Paul Harrison (509) 670-6204 , Christina Knapp (509) 557-2700 | CB Cascade RE - Wenatchee (509) 888-8887
$475,000
Monthly Est:$2,364
7 Beds
7 Baths
4,228sqft
616 Columbia Ave, Bridgeport, WA 98813
$475,000
$2,364/moEst:
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Multi Family
Built in 1951
$-- HOA
18,295 sqft lot
$112/sq.ft
Description
Brand new roof on this Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this seven-unit apartment complex offers impressive returns with a strong 9.8% Net Cap Rate and Gross Rent Multiplier of 7! New improvements include a brand new commercial-grade TPO roof, interior remodels to three units, and new exterior paint. Lower operating costs and cheap utilities make this a high-efficiency investment. With the building totaling 4,228 square feet of one-level living, this property also features a shared laundry room and large backyard which includes a massive garden the tenants tend to. Located in a central area of Washington with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside. **Seller Financing Available** With reasonable financing terms from the Seller, you can acquire this great income-producing property AND keep the mortgage off your books, credit bureaus, debt to income ratios, etc. Leases and Financials available upon request. No Seller Equity Contract or Seller as Secondary Lein position Terms will be accepted whatsoever.
- Houzeo last checked: 12 hours ago
- Listing updated: October 1, 2026 at 6:58 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2484253
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1951
HOA Fees
-
Finished Area
4,228 sqft
Lot Size
18,295 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2484253
MLS Status
Active
Days on Market
221
Cumulative Days on Market
269
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 7
Interior
Flooring
Vinyl Plank
Exterior Features
Stucco
Sewer
Sewer Connected
Heating
Wall Furnace
Cooling
Window Unit(s)
Construction
Year Built
Year Built: 1951
Home type
Multi Family
Roof
See Remarks
Property Condition
Updated/remodeled
Foundation Details
Poured Concrete
Construction Materials
Stucco
Utilities & Energy
Water Source
Public
Other Features
Subdivision Name
Bridgeport
Price History
| Date | Event | Price |
|---|---|---|
10/01/2026 Source: | Listed for Sale | $475,000 $112/sqft |
07/01/2026 Source: | Pending | $475,000 $112/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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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