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Five-Unit Apartment Property with Townhomes
For Sale
$1,450,480

1201 Monitor, Wenatchee, WA 98801

The property combines a triplex, two townhomes, separate utility metering, and covered parking.

Property Size5,215 SF
Price / SF$278.14
Days on Market682

Property Features for 1201 Monitor

General Information

Standard status Active
Size 5,215 SF
Property subtype Multi-family

Building Details

Year Built 2013
Listing Agency: KW NCW
Listed By: Jeffrey William Hallman
Source: Century21northhomes
Added: Oct 18, 2024 Changed: Aug 29 Last Checked: Aug 29 at 2:54PM

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 KW NCW

Investment Insights

Based on property information with market context.

Built in 2013, this apartment property contains five residential units arranged as a three-unit triplex and two townhomes. One townhome includes a garage, while covered parking serves the property. Modern finishes are present throughout, and each unit has independent water, sewer, and electric meters. The property is positioned for either full-property leasing or an owner-occupant arrangement using one of the townhomes.

The 0.19-acre site is located at 1201 Monitor in Wenatchee, Washington, and carries Residential High zoning. The existing configuration includes 5,215 of property size. The remarks also identify a potential path to create five separate condominium units for individual sale, subject to applicable requirements.

Key Highlights

  • Five‑unit configuration with a three‑unit triplex and two townhomes
  • 2013 construction with modern finishes throughout
  • Separate water, sewer, and electric meters for each unit

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Electrical Service Locksmith Carpet & Flooring Store Acupuncture Veterinary Clinic Florist

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

Location Intelligence

Trade Area within ½ mile

368
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?
Apartment building - The property combines a triplex, two townhomes, separate utility metering, and covered parking.
Where is this apartment building located?
The property is located at 1201 Monitor Wenatchee, WA.
What is the asking price?
The asking price for this property is $1,450,480.
What are key features of this property?
This property features: Five‑unit configuration with a three‑unit triplex and two townhomes; 2013 construction with modern finishes throughout; Separate water, sewer, and electric meters for each unit
More about this property
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