About 113 N Cleveland Avenue
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.
Features of 113 N Cleveland Avenue
| MLS® # | 2564337 |
|---|---|
| Price | $695,000 |
| Square Footage | 2,874 |
| Acres | 0.14 |
| Year Built | 1918 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 113 N Cleveland Avenue |
|---|---|
| Area | 971 - Wenatchee |
| Subdivision | Wenatchee |
| City | Wenatchee |
| County | Chelan |
| State | WA |
| Zip Code | 98801 |
Amenities
| Parking Spaces | 7 |
|---|---|
| # of Garages | 1 |
| View | Mountains, Territorial |
| Is Waterfront | No |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Wall Unit(s), Window Unit(s) |
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Alley, Curbs, Paved, Sidewalk |
| Foundation | Poured Concrete |
School Information
| District | Wenatchee |
|---|
Additional Information
| Date Listed | August 5th, 2026 |
|---|---|
| Days on Market | 27 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | John L. Scott Wenatchee |
|---|