128 S Western Avenue #1 · Wenatchee, WA 98801
Source: NWMLS · Premier One Properties · Scott Thompson #NWM2576746
About this home
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.
Location
Basics
- Property type
- Multi Family
- Style
- Tri-plex
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 1976
- Building area
- 2,976 sq ft
- Lot size
- 9,583 sq ft (0.22 acres)
- County
- Chelan
- MLS #
- NWM2576746
Interior
- Heating
- Forced Air, Heat Pump
- Cooling
- Forced Air, Heat Pump
- Flooring
- Laminate, Vinyl Plank, Carpet
Exterior & lot
- Exterior features
- Wood Products
- Roof
- Composition
- Foundation
- Poured Concrete
- Lot features
- Curbs, Paved, Sidewalk
- View
- Mountains, Territorial
- Waterfront
- No
Parking
- Parking spaces
- 6
- Covered spaces
- 4
Utilities
- Water
- Public
- Sewer
- Sewer Connected
- Power
- Electric
Community & fees
- Subdivision
- Wenatchee
- Property tax
- $3,594 (2026)
Transaction
- Listed on
- Sep 3, 2026
- Days on market
- 17
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2018-02-21
- Sold$350,000
Schools
School district: Wenatchee
- Elementary
- John Newbery Elem
- Middle
- Orchard Mid
- High
- Wenatchee High SchoolSchoolDigger 1 star · Top 76% in WA

Listing provided courtesy of: Premier One Properties
Listing agent: Scott Thompson.
Based on information submitted to the MLS GRID as of —. 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. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-14.