Rockhood
$349,000List price
Active

331 S Malaga Avenue · Wenatchee, WA 98801

Source: NWMLS · Nick McLean Real Estate Group · Kimberly Miller #NWM2597467

About this home

Owner financing available with acceptable terms! Excellent investment opportunity with this affordable duplex in the heart of Wenatchee, conveniently located just minutes from downtown. This income-producing property features two separate units, both currently rented. The main level offers two bedrooms, one bathroom, private laundry, a dishwasher, durable and low-maintenance luxury vinyl plank flooring, and convenient on-site parking. The lower-level unit features one bedroom, one bathroom, and its own private laundry. Ideally situated near schools, shopping, restaurants, and local parks, with easy access to the Apple Capital Loop Trail, Columbia River waterfront, Pybus Public Market, and the vibrant downtown Wenatchee district. Enjoy year-round recreation with nearby hiking and biking trails, golf courses, wineries, and skiing at Mission Ridge. An excellent opportunity to expand your investment portfolio or explore the potential for owner occupancy while generating rental income. Both units are currently leased, with the upper-level lease expiring October 2026 and the lower-level lease expiring January 2027. Buy as an investment property or buy for yourself to live in while renting out the other.

Location

Basics

Property type
Multi Family
Style
Duplex
Stories
2 stories
Year built
1928
Building area
1,320 sq ft
Lot size
3,485 sq ft (0.08 acres)
County
Chelan
MLS #
NWM2597467

Interior

Heating
Baseboard
Cooling
Window Unit(s)

Exterior & lot

Exterior features
Wood
Roof
Composition
View
Territorial
Waterfront
No

Parking

Parking spaces
4

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric

Community & fees

Subdivision
Wenatchee
Property tax
$2,460 (2026)

Transaction

Listed on
Oct 22, 2026
Days active
20
Listing terms
Cash, Conventional, Owner Will Carry, VA Loan
Possession
Subject To Tenant Rights

More homes nearby

Schools

School district: Wenatchee

Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Wenatchee High School
SchoolDigger 1 star · Top 76% in WA

Curious about this home?

Just talk to Bowerbird,
your AI agent with real opinions.

Download App

Listing provided courtesy of: Nick McLean Real Estate Group

Listing agent: Kimberly Miller.

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 2026-10-28.