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Updated Triplex with Covered Parking
For Sale
$725,000

1-128 S Western Ave, Wenatchee, WA 98801

Three-unit property with in-unit laundry, appliances, and off-street parking.

Property SizeContact for details
Days on Market11

Property Features for 1-128 S Western Ave

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Financials

Cap Rate 6%
Gross Income $59,700

Units

Unit Mix 1 x 1400 sq ft 2BA, 2 x 775 sq ft 1BA
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,594

Amenities

in-unit laundry

Building Details

Buildings 1
Listing Agency: Premier One Properties
Listed By: Scott Thompson · License #138965
Source: Exprealty
Added: Sep 3 Changed: Sep 12 Last Checked: Sep 12 at 2:27PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Premier One Properties

Investment Insights

Based on property information with market context.

Located at 1-128 S Western Ave in Wenatchee, this three-unit residential income property combines updated interiors with practical resident amenities. One unit measures 1400 sq ft and includes two bathrooms, while the other two units measure 775 sq ft and each has one full bathroom. All units include in-unit laundry and appliances.

Parking is arranged across the unit mix: the larger residence has 2 covered spaces, and each smaller residence has one covered space plus one uncovered space. The property is fully rented and carries a 6% cap rate, with the units maintained and updated for ongoing residential occupancy.

Key Highlights

  • Three‑unit property at 1‑128 S Western Ave, Wenatchee, WA
  • One 1400 sq ft unit with two bathrooms
  • Two 775 sq ft units, each with one full bathroom

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby

Demographics for 98801, WA

44,970
Population
18,034
Households
2.5
Avg Household Size
39
Median Age
31%
College-Educated
85%
High-School Grad
153.6 sq mi
ZIP Area
293
Density / Sq Mi
$74,768
Median Household Income
$41,216
Median Earnings
$1,200
Median Rent
$429,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with in-unit laundry, appliances, and off-street parking.
Where is this triplex located?
The property is located at 1-128 S Western Ave Wenatchee, WA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Three‑unit property at 1‑128 S Western Ave, Wenatchee, WA; One 1400 sq ft unit with two bathrooms; Two 775 sq ft units, each with one full bathroom
More about this property
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