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$725,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 57 minutes ago

Listed by Scott Thompson | Premier One Properties | (509) 662-3491 and Kelly L. Thompson | Premier One Properties | (509) 662-3491

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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.

Full Property Details for 128 S Western Ave #1

General

  • Price: $725,000
  • Taxes: $3,594 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2576746
  • Updated: 9/4/2026
  • Added to Site: 2 day(s) ago

Interior

  • Flooring: Laminate, Vinyl Plank, Carpet

Additional Information

  • Amenities: Fenced-Partially, High Speed Internet, Patio, Sprinkler System
  • Security/Safety: Partially Fenced

Parking

  • Carport Spaces: 4
  • Covered Spaces: 4
  • Uncovered Spaces: 2

Location

  • Area: 971 - Wenatchee
  • County: Chelan
  • Subdivision: Wenatchee
  • Driving Directions: Take S Western just past Washington. Complex on the West side of street.

School Information

  • High School District: Wenatchee
  • Elementary School: John Newbery Elem
  • Middle School: Orchard Mid
  • High School: Wenatchee High

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air, Heat Pump
  • Heating Type: Forced Air, Heat Pump

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Triplex
  • Exterior Const.: Wood Products
  • Foundation: Poured Concrete
  • Roof: Composition
  • Stories in Building: 2
  • Square Feet: 2,976
  • Year Built: 1976
  • Property Condition: Very Good

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Mountains, Territorial
  • Lot Size (Acres): 0.22
  • Lot Size (Sq. Ft.): 9,583
  • Lot Size Source: Assessor
  • Lot Features: Curbs, Paved, Sidewalk

Financial Considerations

  • Tax Amount: $3,594
  • Tax Year: 2026
  • Terms: Cash, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 222008520310

Listed by Scott Thompson | Premier One Properties | (509) 662-3491 and Kelly L. Thompson | Premier One Properties | (509) 662-3491

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Schools serving 128 S Western Ave #1

School District:Wenatchee School District
NameGradesDistance
John Newbery Elementary School
850 Western, Wenatchee, WA 98801
K-50.8 mi
Foothills Middle School
1410 Maple Street, Wenatchee, WA 98801
6-81.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 128 S Western Ave #1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Listed
$725,000
107.14%
MLS
2/14/2018
Sold
$350,000
—
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 128 S Western Ave #1

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,054
-10%
$353,162
9%
2021
$3,400
4%
$324,091
-12%
2023
$3,269
-4%
$368,452
14%
2021
$3,400
1%
$323,991
—
2020
$3,355
12%
$324,740
6%
2019
$2,993
-8%
$305,905
13%
2018
$3,248
—
$271,846
-8%
2017
$3,257
-11%
$296,514
-7%
2016
$3,654
11%
$318,551
17%
2015
$3,279
20%
$272,818
17%
2014
$2,732
—
$233,023
—
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 Scott Thompson | Premier One Properties | (509) 662-3491 and Kelly L. Thompson | Premier One Properties | (509) 662-3491

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128 S Western Avenue #1, Wenatchee, WA 98801 (MLS# 2576746) is a Multi-Family property with 3 units containing 0 bedrooms and 0 full bathrooms. 128 S Western Avenue #1 is currently listed for $725,000 and was received on September 03, 2026. Want to learn more about 128 S Western Avenue #1? Do you have questions about finding other Multi-Family real estate for sale in Wenatchee? You can browse all Wenatchee real estate or contact a Coldwell Banker agent to request more information.

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