Rockhood
$725,000List price
Active

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 School
SchoolDigger 1 star · Top 76% in WA

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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.