Remodeled Duplex with
110 N Delaware Avenue # A/B, Wenatchee, WA 98801
For Sale
$449,900
Two-unit residential property with separate living areas, shared laundry, outdoor storage, and additional off-street parking.
Property Size2,612 SF
Price / SF$172.24
Days on Market52
Property Features for 110 N Delaware Avenue # A/B
General Information
Standard status
Size
Property subtype
Net Operating Income
Taxes and HOA fees
Annual Taxes
Amenities
Laminate,Vinyl,Carpet
Yes
No
2
Electric
Paved,Sidewalk
Public
Cable TV,Fenced-Fully,High Speed Internet,RV Parking
0.14
RV Parking
Wood
Poured Concrete
2612
Building Details
Building Size
Year Built
Stories
Listing Agency:
Nick McLean Real Estate Group
(509) 670-5532
Listed By:
Greg Hurley · License #22004775
(509) 885-5241
Source:
Premierepropertygroup
Added: Sep 19
Changed: Nov 8
Last Checked: Nov 8 at 4:40AM
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 Nick McLean Real Estate Group
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Investment Insights
Based on property information with market context.
This 2,612-square-foot duplex, built in 1906, contains a three-bedroom, one-bath main-floor unit and an upper-level one-bedroom, one-bath unit. The upper residence has been remodeled, while the unfinished basement offers additional space and includes shared laundry. Recent property improvements include new electrical work and a 2019 roof on the main house.
The property also features two exterior storage units, a fully fenced yard, paved access, sidewalks, and additional off-street parking, including RV parking. Located at 110 N Delaware Avenue in Wenatchee, the duplex provides access to downtown by foot, car, or bus.
The property also features two exterior storage units, a fully fenced yard, paved access, sidewalks, and additional off-street parking, including RV parking. Located at 110 N Delaware Avenue in Wenatchee, the duplex provides access to downtown by foot, car, or bus.
Key Highlights
- Two‑unit duplex with 3 bd/1 ba main‑floor and 1 bd/1 ba upper unit
- 2,612 square feet; built in 1906
- Upper unit remodeled; unfinished basement remains
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,701
Cap Rate
6.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,020
$614.0K
Cap Rate 7%
$438,586
$438.6K
Cap Rate 9%
$341,122
$341.1K
Market Conditions
NOI Build-Up for 2,612 SF
Gross rent
$45.4K $17.40/SF
− Vacancy
−$1.6K −$0.61/SF
EGI
$43.9K $16.79/SF
− OpEx
−$13.2K −$5.04/SF
NOI
$30.7K $11.75/SF
Area
Chelan County, WA
Vacancy
3.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,020
Cap Rate 7%
$438,586
Cap Rate 9%
$341,122
Alternative Uses
Best Use
Multifamily LT 5
$438.6K
$383.8K – $511.7K
NOI $30,701 @ 7.0% cap · market cap 6.82%
Second Best
Apartment 5plus
$370.3K
$324.0K – $432.0K
NOI $25,919 @ 7.0% cap · market cap 5.76%
Theoretical Best
Office A
$685.1K
$599.5K – $799.3K
NOI $47,956 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,669
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate living areas, shared laundry, outdoor storage, and additional off-street parking.
Where is this duplex located?
The property is located at 110 N Delaware Avenue # A/B Wenatchee, WA.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑unit duplex with 3 bd/1 ba main‑floor and 1 bd/1 ba upper unit; 2,612 square feet; built in 1906; Upper unit remodeled; unfinished basement remains
