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 SchoolSchoolDigger 1 star · Top 76% in WA

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.