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Updated Four-Unit Apartment Property
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For Sale
$799,000

1686 S Mission St Unit 1, Wenatchee, WA 98801

Fully leased residential income property with renovated interiors, private outdoor space, in-unit laundry, and covered resident parking.

Property Size3,920 SF
Price / SF$203.83
Days on Market4

Property Features for 1686 S Mission St Unit 1

General Information

Standard status Active
Size 3,920 SF
Property subtype Multi-Family
Occupancy 100%

Financials

Cap Rate 7.2%
Gross Income $77,700

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4
Parking per Unit 2

Amenities

in-unit laundry
private balcony

Building Details

Year Built 1995
Listing Agency: Premier One Properties
Listed By: Scott Thompson · License #138965
Source: Heartandhomesnw
Added: Sep 3 Changed: Sep 5 Last Checked: Sep 5 at 7:15AM

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.

This four-unit residential property contains 3,920 square feet and was built in 1995. Each apartment measures approximately 980 square feet and includes two bedrooms, two full bathrooms, in-unit laundry, and appliances. Interior improvements include updated finishes, while private balconies provide outdoor space for each residence. Two covered parking spaces are assigned to every unit.

The property at 1686 S Mission Street #1 in Wenatchee, WA 98801 is fully rented. Reported investment performance includes a 7.2% cap rate, with the existing unit configuration and included features supporting ongoing residential occupancy.

Key Highlights

  • Four‑unit property with 3,920 square feet, built in 1995
  • Each unit is approximately 980 square feet with two bedrooms and two full bathrooms
  • 7.2% cap rate with all four units fully rented

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Skin Care Clinic (Bike/Boat/Book/etc) Store

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

174
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 - Fully leased residential income property with renovated interiors, private outdoor space, in-unit laundry, and covered resident parking.
Where is this quadplex located?
The property is located at 1686 S Mission 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 property with 3,920 square feet, built in 1995; Each unit is approximately 980 square feet with two bedrooms and two full bathrooms; 7.2% cap rate with all four units fully rented
More about this property
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