Updated Fourplex with
For Sale
$695,000
113 N Cleveland Ave, Wenatchee, WA 98801
Residential High zoning, separate utility meters, and alley access support straightforward property operations.
Property SizeContact for details
Days on Market13
Property Features for 113 N Cleveland Ave
General Information
Standard status
Active
Property subtype
Residential Income
Zoning
Residential High
Additional Details
Cap Rate
8.89%
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$2,853
Amenities
coin-operated laundry
Listing Agency:
John L. Scott Wenatchee
(509) 662-4772
Listed By:
Nicole Begin · License #24001784
(509) 662-4772
Source:
Exprealty
Added: Aug 5
Changed: Aug 15
Last Checked: Aug 16 at 12:58PM
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 John L. Scott Wenatchee
Investment Insights
Based on property information with market context.
This four-unit residential income property at 113 N Cleveland Ave in Wenatchee includes separately metered units, off-street parking, coin-operated laundry, and alley access. The building has received multiple updates and has been maintained over time, providing an established configuration for rental operations.
The property is positioned in Wenatchee with access to shopping, employment, and transportation. Residential High zoning applies to the site. The reported cap rate is 8.89%, and the property’s unit-level utility metering helps distinguish owner-paid services from tenant consumption.
The property is positioned in Wenatchee with access to shopping, employment, and transportation. Residential High zoning applies to the site. The reported cap rate is 8.89%, and the property’s unit-level utility metering helps distinguish owner-paid services from tenant consumption.
Key Highlights
- Four‑unit property with an 8.89% cap rate
- Separately metered residential units
- Coin‑operated laundry on site
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,669
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential High zoning, separate utility meters, and alley access support straightforward property operations.
Where is this quadplex located?
The property is located at 113 N Cleveland Ave Wenatchee, WA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four‑unit property with an 8.89% cap rate; Separately metered residential units; Coin‑operated laundry on site
