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Renovated Triplex with Three Units
New
For Sale
$550,000

402 S Pearl St, Ellensburg, WA 98926

Updated three-unit property with off-street parking, shared laundry, and dedicated owner storage.

Property Size3,278 SF
Price / SF$167.79
Days on Market2

Property Features for 402 S Pearl St

General Information

Standard status Active
Size 3,278 SF
Property subtype Multi-Family

Units

Unit Mix 1 x 4BR/2BA, 1 x 1BR, 1 x 2BR
Multifamily Units 3

Amenities

private washer and dryer
shared laundry area
off-street parking
owner storage area

Building Details

Year Built 1920
Buildings 1
Listed By: Nick McLean Real Estate Group
Source: Nickmcleanrealestate
Added: Sep 1 Last Checked: Sep 1 at 9:25PM

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

Investment Insights

Based on property information with market context.

This 3278-square-foot triplex, built in 1920, includes a four-bedroom, two-bath upper residence and two lower units with one- and two-bedroom layouts. Improvements include fresh paint, new flooring, quartz countertops, newer appliances, and updated kitchens. The upper unit also offers an open living area and private laundry, while the lower residences share a laundry area.

Off-street parking serves all three units, and a dedicated storage area provides space for property supplies. The property is located at 402 S Pearl St in Ellensburg, within walking distance of downtown, Central Washington University, schools, shopping, and dining.

Key Highlights

  • 3278‑square‑foot triplex with three residential units
  • Unit mix includes 4 bedrooms/2 bathrooms upstairs, plus 1‑bedroom and 2‑bedroom lower units
  • Renovated interiors feature quartz countertops, newer appliances, fresh paint, and new flooring

Property Analytics

Current Use

The Pearl Bar & Grill Restaurant

Suggested Use

Top Pick Locksmith Kitchen & Bath Showroom Home Appliance Store Plumbing Service (Bike/Boat/Book/etc) Store Electrical Service

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,179
Businesses Nearby

Demographics for 98926, WA

32,085
Population
14,900
Households
2.2
Avg Household Size
33
Median Age
38%
College-Educated
94%
High-School Grad
938.1 sq mi
ZIP Area
34
Density / Sq Mi
$66,826
Median Household Income
$36,988
Median Earnings
$1,261
Median Rent
$425,600
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?
Triplex - Updated three-unit property with off-street parking, shared laundry, and dedicated owner storage.
Where is this triplex located?
The property is located at 402 S Pearl St Ellensburg, WA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3278‑square‑foot triplex with three residential units; Unit mix includes 4 bedrooms/2 bathrooms upstairs, plus 1‑bedroom and 2‑bedroom lower units; Renovated interiors feature quartz countertops, newer appliances, fresh paint, and new flooring
More about this property
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