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Updated Quadplex With In-Unit Laundry
New
For Sale
$799,000

1624 Cross St Unit 1, Wenatchee, WA 98801

Four updated rental units offer two-bedroom layouts, included appliances, and off-street parking in a fully leased property.

Property Size3,840 SF
Price / SF$208.07
Days on Market4

Property Features for 1624 Cross St Unit 1

General Information

Standard status Active
Size 3,840 SF
Property subtype Multi-Family
Occupancy 100%

Financials

Cap Rate 7.2%
Gross Income $76,800

Units

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

Additional Details

Furnished No

Amenities

in-unit laundry
off-street parking

Building Details

Year Built 1994
Buildings 1
Listing Agency: Premier One Properties
Listed By: Scott Thompson · License #138965
Source: Pugetsoundpropertyguide
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 5 at 7:19AM

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 1624 Cross Street #1 in Wenatchee, Washington, this 3,840-square-foot quadplex contains four rental units built in 1994. Each residence measures approximately 960 square feet and includes two bedrooms, one full bathroom, in-unit laundry, and appliances. The interiors have been updated with contemporary finishes, while the property has been maintained in good condition.

Off-street parking includes one covered space and one uncovered space per unit. All four units are currently rented, and the property carries a 7.2% cap rate. The configuration provides a straightforward multifamily asset with consistent unit layouts and established occupancy.

Key Highlights

  • Four‑unit quadplex with 3,840 SF of total property size
  • Each unit is approximately 960 square feet with 2 bedrooms and 1 full bathroom
  • Updated interiors include in‑unit laundry and appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Skin Care Clinic Hair Salon

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

171
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 updated rental units offer two-bedroom layouts, included appliances, and off-street parking in a fully leased property.
Where is this quadplex located?
The property is located at 1624 Cross St Unit 1 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 quadplex with 3,840 SF of total property size; Each unit is approximately 960 square feet with 2 bedrooms and 1 full bathroom; Updated interiors include in‑unit laundry and appliances
More about this property
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