LKV Realty
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Nicole BeginJohn L. Scott Wenatchee
$695,000
113 N Cleveland Avenue, Wenatchee, WA 98801Listing ID 2564337

113 N Cleveland Avenue, Wenatchee, WA 98801

Active
Wenatchee
Last updated: Aug 6, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
Multi Family
Square Feet
Square Feet
2,874
Acres
Acres
0.14
Cooling
Cooling
Wall Unit(s), Window Unit(s)
Heating
Heating
Baseboard
Year Built
Year Built
1918
Garages
Garages
1

Well-maintained fourplex offering strong cash flow with a 8.89% cap rate at the asking price! Situated in a convenient Wenatchee location with easy access to shopping, employment, and transportation, this investment property features separately metered units, helping minimize owner expenses. Tenants enjoy ample off-street parking, coin-operated laundry, and alley access. The Residential High zoning presents potential future development opportunities, with possible room for additional units (buyer to verify feasibility). Numerous updates throughout and consistent maintenance make this a turnkey investment with immediate income and long-term upside.

Property Information

Property Details

Location

Address
113 N Cleveland Avenue
County
Chelan
City
Wenatchee
Zip Code
98801
Subdivision
Wenatchee
School District
Wenatchee
MLS Area
971 - Wenatchee

Interior Features

Heating and Cooling

Cooling
Wall Unit(s), Window Unit(s)
Heating
Baseboard

Building

Building Information

Square Feet
2,874
Year Built
1918
Construction
Wood
Foundation
Poured Concrete
Roof
Composition

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$2,853
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 05:46 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM117643

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.