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Updated 4-Unit Apartment Property
For Sale
$799,000
Pending

1-1624 Cross St, Wenatchee, WA 98801

Four residences offer two bedrooms, in-unit laundry, included appliances, and a mix of covered and uncovered parking.

Property SizeContact for details
Days on Market11

Property Features for 1-1624 Cross St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Residential Income
Occupancy 100%

Financials

Cap Rate 7.2%
Gross Income $76,800

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,454

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 13 at 11:47AM

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 1-1624 Cross St in Wenatchee, WA, this four-unit apartment property includes approximately 960 square feet per residence. Each unit has two bedrooms, one full bathroom, in-unit laundry, updated finishes, and appliances. The property also provides off-street parking, with one covered space and one uncovered space for each unit.

All four units are currently rented, and the property has a documented 7.2% cap rate. The apartment configuration, recent interior improvements, and included appliances create a consistent residential income property with established occupancy. Additional property-specific offering information is available through the referenced listing record.

Key Highlights

  • Four‑unit property with approximately 960 square feet per unit
  • Each residence includes two bedrooms and one full bathroom
  • 7.2% cap rate

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Building Supply Auto Repair Shop HVAC Service Kitchen & Bath Showroom Electrical Service

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

58
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?
Quadplex - Four residences offer two bedrooms, in-unit laundry, included appliances, and a mix of covered and uncovered parking.
Where is this quadplex located?
The property is located at 1-1624 Cross St Wenatchee, WA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four‑unit property with approximately 960 square feet per unit; Each residence includes two bedrooms and one full bathroom; 7.2% cap rate
More about this property
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