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$1,250,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 13 hours ago

Listed by Trevor King | Nick McLean Real Estate Group | (509) 670-5532

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Prime Investment Opportunity in East Wenatchee! This impeccably maintained 4-plex offers the perfect blend of stability and location. Each of the four spacious units features a desirable 2-bedroom, 1.75-bathroom floor plan, designed for comfortable living and long-term tenant retention. Situated just minutes from downtown and local conveniences, the property stays in high demand. With a proven rental history and recent updates throughout, this is a turnkey addition to any portfolio. Don't miss out on this rare, low-vacancy gem in a growing market!

Full Property Details for 509 2nd St NE

General

  • Price: $1,250,000
  • Taxes: $5,598 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2458657
  • Updated: 2/16/2026
  • Added to Site: 1 day(s) ago

Interior

  • Flooring: Ceramic Tile, Vinyl Plank, Carpet

Additional Information

  • Amenities: Electric Car Charging
  • Security/Safety: Security System

Parking

  • Carport Spaces: 4
  • Covered Spaces: 4
  • Uncovered Spaces: 4

Location

  • Area: 970 - East Wenatchee
  • County: Douglas
  • Subdivision: East Wenatchee
  • Driving Directions: 2nd Street NE off Eastmont Ave.

School Information

  • High School District: Eastmont
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Eastmont Snr High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall Unit(s)
  • Heating Type: Baseboard

Utilities

  • Sewer: Available
  • Water: Public

Structural Information

  • Structure Type: Quadruplex
  • Exterior Const.: Wood
  • Foundation: Block
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 4,192
  • Year Built: 1983
  • Property Condition: Good

Unit Information

  • Units in Building: 4

Lot Features

  • Property View: City, Mountain(s)
  • Lot Size (Acres): 0.35
  • Lot Size (Sq. Ft.): 15,246
  • Lot Size Source: Douglas County Tax Assessor
  • Lot Features: Alley, Dead End Street, Paved, Secluded
  • Zoning: Multi-Family, Residential

Financial Considerations

  • Tax Amount: $5,598
  • Tax Year: 2025
  • Terms: Assumable, Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: Bank Or REO, None
  • Property ID: 22201230039

Listed by Trevor King | Nick McLean Real Estate Group | (509) 670-5532

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 509 2nd St NE

School District:Eastmont School District
NameGradesDistance
Sterling Middle School
600 North James Avenue, East Wenatchee, WA 98802
5-70.6 mi
Eastmont Senior High School
955 3rd Street Northeast, East Wenatchee, WA 98802
10-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 509 2nd St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/16/2026
Listed
$1,250,000
37.75%
MLS
1/10/2022
Sold
$907,450
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 509 2nd St NE

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,598
7%
$700,000
10%
2023
$5,240
19%
$637,400
40%
2022
$4,388
—
$456,300
40%
2023
$4,388
18%
$325,300
2%
2020
$3,726
8%
$319,200
—
2019
$3,438
-8%
$319,200
—
2018
$3,748
8%
$319,200
—
2017
$3,457
—
$319,200
6%
2016
$3,451
-14%
$301,300
-10%
2015
$3,996
27%
$335,700
26%
2014
$3,141
-4%
$266,000
—
2013
$3,275
—
$266,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Trevor King | Nick McLean Real Estate Group | (509) 670-5532

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509 2nd Street NE, East Wenatchee, WA 98802 (MLS# 2458657) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 509 2nd Street NE is currently listed for $1,250,000 and was received on February 16, 2026. Want to learn more about 509 2nd Street NE? Do you have questions about finding other Multi-Family real estate for sale in East Wenatchee? You can browse all East Wenatchee real estate or contact a Coldwell Banker agent to request more information.

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