Listing provided courtesy of CB Cascade RE - WenatcheeNWMLSas Distributed by MLSGrid- MLS# NWM2502512MLS Provider

533 Methow #A,B,CWenatchee, WA 98801

Multi-Family · 6 Beds · 2,692 Sq. ft. | 0.16 Acres
$709,000 Active

533 Methow #A,B,C Overview

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Full gut remodel and massive addition in 2006 effectively reset the clock on this triplex — think 2006 construction including electrical and plumbing, not 1905. Updates in 2024 and 2025 mean the big-ticket items are current, low maintenance risk, and the property is ready to continue to perform from day one. Several owner options here including value add buy and hold via rent increases, potentially owner occupy, builders can add value by taking advantage of the RMU zoning and adding units in the large rear area. Buyer to verify all. Three 2 bed, 1 bath, easy to rent units, all clean, bright and airy. Each unit has its own 8x10 storage unit appealing to more tenants. Separately metered units allow tenants to pay elec, garbage, and internet. 48 hour notice for showings, only one unit will be shown but once under contract all units will be made available. Full financials, remodel history back to 2002, reports and permits and leases available upon acceptance of offer and with a signed non-disclosure Financial data in listing is pro forma based on 12 month moving averages. Actual annual rent and income numbers may be higher.

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533 Methow #A,B,C Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,692
  • Price/Sq.ft. $263
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Wenatchee
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Income/Expenses

  • Other Expense: 3947
  • Electric Expense: 743
  • Fuel Expense: 0
  • Gross Scheduled Income: 56220
  • Insurance Expense: 2400
  • Net Operating Income: 38534
  • Total Expenses: 14875
  • Total Monthly Income: 4685
  • Water/Sewer/Garbage: 3012

Building Information

  • New Construction: No
  • Year Built: 1905

Location/Region

  • Country: US
  • County Or Parish: Chelan
  • MLS Area Major: 971 - Wenatchee
  • Subdivision Name: Wenatchee

Community/Development

  • Amenities: Storage

Tax Information

  • Tax Annual Amount: $4,773.00
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, FHA
  • Parcel Number: 222010815564
  • Possible Use: Multi-Family
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Parking Information

  • Garage Spaces: 0

Beds/Baths

  • Bedrooms Possible: 6
  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 2692
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2692
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet
  • Foundation Details: Poured Concrete, See Remarks
  • Heating: Yes
  • Leasable Area: 2687
  • Living Area: 0
  • Main Level Bathrooms: 0
  • Power Production Type: Electric
  • Stories Total: 2

Unit Information

  • Unit Number: A,B,C

Exterior

Parking Information

  • Open Parking: No
  • Parking Total: 10
  • Parking Uncovered Total: 10

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Curbs, Paved, Sidewalk
  • Lot Size Acres: 0.16
  • Lot Size Square Feet: 6970
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Composition
  • Structure Type: Triplex

General Information

  • Carport Spaces: 0
  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Wood Products
  • Number Of Units Total: 3
  • Sewer: Sewer Connected

Unit Information

Unit 2 Details

  • Actual Rent: 1495
  • Beds Total: 2
  • Baths Total: 1

Unit 3 Details

  • Actual Rent: 1495
  • Beds Total: 2
  • Baths Total: 1

Unit 1 Details

  • Actual Rent: 1695
  • Beds Total: 2
  • Baths Total: 1

533 Methow #A,B,C Neighborhood

Community

98801 (Wenatchee) Demographics

36
Median Age
264
Population Density (per sq. mile)
37%
College Educated
$62,595
Estimated Median Income
9,870
Estimated Total Home Owners
6,884
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

533 Methow #A,B,C Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

533 Methow #A,B,C Market Data

Based on the last 30 days in this zip code

$634,876
Average List Price
$283
Average Price per Square Foot
49
Properties Sold
76
Average Days on Market
191
Properties for Sale
Calculations provided by Reliance Network

533 Methow #A,B,C History

Date Event Value Agent
6/9/2026Source: NWMLS Price Reduction
$709,000 -2.2%
4/4/2026Source: NWMLS Added to Database
April 04, 2026