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128 S Western Avenue #1, 
Wenatchee, WA 98801

$725,000


Bed


Bath


2,976

Sq Ft


Multi-Family

Active

Listed by

Scott Thompson

Kelly L. Thompson

Premier One Properties

Last updated:

September 8, 2026, 11:39 AM

MLS#

2576746

Source:

NWMLS

About This Home

128 S Western Avenue #1

Exceptional Investment Opportunity! This immaculate, turnkey tri-plex offers an outstanding opportunity for an investor looking for a well-maintained property with strong rental history, market rents, and immediate income potential. Generating $59,700 in annual gross income with an attractive 6% cap rate, this property presents an exceptional opportunity for investors. One of the units offers 1400 sq ft with two bathrooms while the other two offer 775 sq ft with one full bathroom. Thoughtfully updated throughout, the units feature attractive finishes, in-unit laundry, and all appliances included. The larger unit includes 2 covered parking spaces, and the two other units have one covered space and one uncovered space, providing ample off-street parking for residents. The property is fully rented and has been exceptionally cared for, making this a true turn-key investment that is ready for its next owner. With quality updates, desirable amenities, strong rental performance, and excellent overall condition, this tri-plex is an opportunity you won’t want to miss! Additional properties also available for sale including MLS #'s 257635, 257641, 2576744, 2576746, 2576754.

Home Facts

Multi-Family

Built in 1976

Subdivision & Development:

Wenatchee

Price Summary

725,000

$243 per Sq. Ft.

MLS #:

2576746

Last Updated:

September 8, 2026, 11:39 AM


Rooms & Interior

Interior

Living Area:

2,976 Sq. Ft.


Structure

Structure

Building Area:

2,976 Sq. Ft.

Year Built:

1976


Lot

Lot Size (Sq. Ft):

9,583


Finances & Disclosures

Finances

Price:

$725,000

Price per Sq. Ft:

$243 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 8, 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.