503 First St

Wenatchee, WA 98801

$710,000
Price
8
Beds
4
Baths
3,312 Sq. Ft.
$214 / Sq. Ft.
3,312
Sq. Ft.
$214
per Sq. Ft.
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New
New
Listing provided courtesy of Premier One Properties
Source: Northwest MLS

Description

Great investment - (First St.) 4-PLEX in the heart of downtown Wenatchee. Each unit offers a spacious 825 sq. ft. 2 bedrooms, 1 bath & a cozy fireplace. Good rental history with some long-term tenants, rents on all for units show the market rent should be at approximately $1,400 per unit. All units are in good condition & roof was replaced a few years ago. Some of the units have had some nice updates completed, floors, paint, doors & HVAC UNITS. All existing appliances are included in sale. Each...Great investment - (First St.) 4-PLEX in the heart of downtown Wenatchee. Each unit offers a spacious 825 sq. ft. 2 bedrooms, 1 bath & a cozy fireplace. Good rental history with some long-term tenants, rents on all for units show the market rent should be at approximately $1,400 per unit. All units are in good condition & roof was replaced a few years ago. Some of the units have had some nice updates completed, floors, paint, doors & HVAC UNITS. All existing appliances are included in sale. Each unit has 1 covered parking spot in the carport, some street parking available.
  1. Listed by Thomas C. Kriskovic • Premier One Properties
    P: (509)-662-3491 tom@premierone.biz

Property Details for 503 First Street

Community Name
Wenatchee
School District
Wenatchee
View
City
Number of Assigned Spaces
4
Total Covered Parking
4
Entry Date
07-16-2026
Energy Source
Electric
Sewer
Sewer Connected
LISTING UPDATED: 07/16/2026 05:58 PM

Property Details for 503 First Street

StatusActive
MLS #2555520
Days on Market1
Cumulative Days on Market1
Taxes$3,412 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1976
Lot Size0.19 AC / 8,276 SF
CountyChelan County
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Location

Listing Courtesy of Premier One Properties
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Building Information for 503 First Street

Stories2Residences4Year Built1976Building Size-Lot Size0.19 AC / 8,276 SF

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$3,822 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,538

Property Taxes

$284

HOA Dues

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Property Information for 503 First Street

Summary
Location and General Information
  • Style: 54 - 4-Plex
  • Area: 971 - Wenatchee
  • Block: 7
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Wenatchee High
  • Effective Year Built Source: See Remarks
  • Directions: Miller St. going south, go left on First St. - Property is on your right.
  • Leased Items: Washer/Dryer,Water Tank
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2025
Parking
  • Garage Spaces: 4.0
  • Number of Carport Spaces: 4.0
  • Carport: No
  • Open Parking: No
Interior and Exterior Features
Bathroom Information
  • Full Baths Upper: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Upper: 0
  • Main Level Bathrooms: 0
Bedroom Information
  • Bedrooms Upper: 0
  • Bedrooms Possible: 2
Interior Features
  • Fireplaces Total: 0
  • Floor Covering: Laminate
  • Cooling: Yes
  • Cooling: Central Air
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
Exterior Features
  • Exterior: Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 4800
  • Power Company: pud
  • Sewer Company: city
  • Water Company: city
  • Power Production Type: Electric
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Remarks: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • MLS Square Footage Source: assessor
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1990
  • Photos Count: 6
Lot Information
  • Lot Number: 1
  • Lot Size Source: .19
  • Parcel Number Free Text: 222003732460
  • Building Condition: Good
  • Calculated Square Footage: 3312
  • Structure Type: Quadruplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 3312.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Total Uncovered Parking: 0
  • Number of Stories in Building: 2
  • Vacancy Rate: 0
  • Number Of Units Total: 4
  • Units Below Grade: false
  • Units In Building Total: 4
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 10212
  • Gross Adjusted Income: 50088
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $60,300
  • Insurance Expense: $2,000
  • Net Operating Income: $0
  • Other Expenses: $0
  • Total Monthly Income: 5025
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 828
  • Rent Unit 1: $925.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 1
Unit 2
  • Name Unit 2: 2
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 828
  • Rent Unit 2: $1,400.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 1
Unit 3
  • Name Unit 3: 3
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 828
  • Rent Unit 3: $1,300.00
  • Bedrooms Unit 3: 2
  • Fireplaces Unit 3: 1
  • Bathrooms Unit 3: 1
Unit 4
  • Name Unit 4: 4
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 828
  • Rent Unit 4: $1,400.00
  • Bedrooms Unit 4: 2
  • Fireplaces Unit 4: 1
  • Bathrooms Unit 4: 1
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 3312.0

Property History for 503 First Street

DateEvent & SourcePriceAppreciation
Jul 16, 2026

Listed (Active)

NWMLS #2555520

$710,000—
DateEvent & SourcePrice
07/16/2026

Listed (Active)

NWMLS #2555520

$710,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 503 First Street

This home is within Wenatchee School District.
Rating
School
Type
Grades
Distance
Special Education School
Public - PK to 9
Orchard Middle School
Public - 6 to 8
Wenatchee High School
Public - 9 to 12
Skill Source
Public - 9 to 12
Rating
School
Distance
Special Education School
PublicPK to 9

Orchard Middle School
Public6 to 8

Wenatchee High School
Public9 to 12

Skill Source
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 503 First Street, Wenatchee, WA 98801

503 First Street is a multi-family home for sale in Wenatchee, WA 98801. This property was listed for sale on July 16, 2026 by Premier One Properties, it's currently listed at $710,000. This listing's school district is Wenatchee School District. Nearby schools include Special Education School, Orchard Middle School and Wenatchee High School. 503 First Street is a 8-bed, 4-bath, 3,312 sqft multi-family home built in 1976.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premier One Properties

Based on information submitted to the MLS GRID as of 07/16/2026 05:58 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.