128 S Western Ave #1
Wenatchee, WA 98801
Listing Office
Office
Premier One Properties
Premier One Properties
Active
$725,000
128 S Western Ave #1 Wenatchee, WA 98801
Multi Family
Property Type
2,976
Sq. Ft.
1976
Year Built
Chelan
County
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.
MLS® #
2576746
Monthly HOA
N/A
On Site
Not Available
Last Updated
9/22/2026
Location
Contact Agent
Dane Lewman
(509) 661-3038Property Details
Community Information
Address
128 S Western Ave #1, Wenatchee, WA 98801
Area
971 - Wenatchee
County
Chelan
City
Wenatchee
Subdivision
Wenatchee
Zip Code
98801
School Information
School District
Wenatchee
High School
Wenatchee High
Middle School
Orchard Mid
Elementary School
John Newbery Elem
Architecture
Unit Number
#1
Year Built
1976
Stories
2
Construction Materials
Wood
Building Style
Tri-plex
Building Condition
Very Good
Roof
Composition
Foundation
Poured Concrete
Features / Amenities
Flooring
Laminate, Vinyl Plank, Carpet
Exterior Features
Wood Products
Security Features
Partially Fenced
Site Features
Fenced-Partially, High Speed Internet, Patio, Sprinkler System
Covered Spaces
4
Parking Total
6
Cooling
Forced Air, Heat Pump
Heating
Forced Air, Heat Pump
Property Features
Lot Size
0.22 Acres
Lot Features
Curbs, Paved, Sidewalk
View
Mountains, Territorial
Sq.Ft. Size
2976
Lot Sq.Ft. Size
9583
Sewer
Sewer Connected
Water
Public
Directions
Take S Western just past Washington. Complex on the West side of street.
Tax and Financial Info
Tax Year
2026
Tax Annual Amount
$3,594
Insurance Expense
$2,056
Net Income
$47,150
Listing Terms
Cash, Conventional
Total Monthly Income
$4,975
Net Operating Income
$47,150
Total Expenses
$13,750
Offers
Seller intends to review offers upon receipt
Possession
Closing
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are provided courtesy of the Northwest Multiple Listing Service (NWMLS), Copyright 2026. All rights reserved. The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The information contained in these listings has not been verified by Kingdom Real Estate Team and should be verified by the buyer. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Listing information last updated on October 1, 2026 at 11:15 PM PST.IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties 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.
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