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$449,900 -$25,100 (-5.28%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 2 Car Garage
  • Updated 6 days ago

Listed by Jackie R. Blanchfield | eXp Realty | (509) 670-4679

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Excellent investment opportunity with strong rental history and stable income potential! This well-maintained duplex features two units generating a combined monthly rental income of $3,400. The upper unit offers 3 bedrooms, 1 bath, 9-foot ceilings, abundant natural light, a covered front porch, fenced front yard area, and washer/dryer hookups. Efficient mini-split heating and cooling provide year-round comfort, with individual units located in each bedroom and the living room. The lower unit features 2 bedrooms, a 3/4 bath, washer/dryer hookups, and a functional floor plan designed for comfortable living. A durable metal roof helps minimize maintenance, while each unit enjoys its own garage bay and dedicated storage space. Owner currently pays water, sewer, and garbage. Tenants are responsible for electricity and internet. Conveniently located and offering desirable amenities for tenants, this income-producing property presents an excellent opportunity for investors seeking immediate cash flow and long-term rental potential.

Full Property Details for 509 Okanogan Ave

General

  • Price: $449,900
  • Taxes: $3,340 (2026)
  • Status: Active
  • Type: Multi-Family
  • Source: NWMLS
  • MLS ID: 2540756
  • Updated: 7/6/2026
  • Added to Site: 25 day(s) ago

Interior

  • Flooring: Vinyl, Carpet

Additional Information

  • Amenities: Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Garage Spaces: 2
  • Covered Spaces: 2
  • Uncovered Spaces: 6

Location

  • Area: 971 - Wenatchee
  • County: Chelan
  • Subdivision: Wenatchee
  • Driving Directions: Follow GPS.

School Information

  • High School District: Wenatchee
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless, Wall Unit(s)
  • Heating Type: Ductless, Wall Furnace

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Structure Type: Duplex
  • Exterior Const.: Wood
  • Foundation: Poured Concrete
  • Roof: Metal
  • Stories in Building: 2
  • Square Feet: 2,000
  • Year Built: 1919

Unit Information

  • Units in Building: 2

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Lot Size Source: Assessor
  • Lot Features: Alley, Curbs, Paved, Sidewalk
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $3,340
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 222010525215

Listed by Jackie R. Blanchfield | eXp Realty | (509) 670-4679

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Schools serving 509 Okanogan Ave

School District:Wenatchee School District
NameGradesDistance
Columbia Elementary School, Wenatchee, WA
600 Alaska Street, Wenatchee, WA 98801
K-50.4 mi
Orchard Middle School
1024 Orchard Avenue, Wenatchee, WA 98801
6-81 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 509 Okanogan Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/06/2026
Price Reduced
$449,900
-5.28%
MLS
6/17/2026
Listed
$475,000
—
MLS
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 Okanogan Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,678
—
$373,437
22%
2025
$2,678
34%
$304,898
29%
2021
$2,002
-20%
$236,547
-16%
2023
$2,514
26%
$282,926
49%
2021
$2,002
-6%
$190,075
-7%
2020
$2,120
12%
$204,594
6%
2019
$1,901
5%
$193,816
28%
2018
$1,818
5%
$151,667
-3%
2017
$1,726
33%
$156,548
39%
2016
$1,299
10%
$112,752
15%
2015
$1,184
-14%
$98,179
-16%
2014
$1,373
—
$116,825
—
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 Jackie R. Blanchfield | eXp Realty | (509) 670-4679

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509 Okanogan Avenue, Wenatchee, WA 98801 (MLS# 2540756) is a Multi-Family property with 2 units containing 0 bedrooms and 0 full bathrooms. 509 Okanogan Avenue is currently listed for $449,900 and was received on June 17, 2026. Want to learn more about 509 Okanogan Avenue? 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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