503 First Street, Wenatchee, WA, 98801
About This Home
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.
Getting Around
Very Walkable
Good Transit
Very BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1976
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 1990
Type & Style
- Home type: MultiFamily
- Architectural style: 4-Plex
- Property subType: Quadruplex,Multi Family
Interior
Bedrooms & Bathrooms
- Bedrooms: 8
- Bathrooms: 4
Features
- Flooring: Laminate
Heating
- Heating features: Forced Air,Electric
Interior Area
- Total structure area: 3,312
- Total interior livable area: 3,312 sqft
Property
Details
- Parcel number: 222003732460
- Zoning description: Multi-Family,Jurisdiction: City
- Special condition: Standard
Features
- Has view: Yes
- View description: City
Lot
- Lot size: 8,276 sqft
Parking
- Total spaces: 8
- Parking features: Garage
- Attached garage spaces: 4
- Covered spaces: 8
- Carport spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Earthquake
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Chelan County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,590 | $43,080 |
| Home Insurance * | $204 | $2,448 |
| Property Taxes | $384 | $4,608 |
| Electricity | $226 | $2,718 |
| Total | $4,404 | $52,848 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-10 | Pending sale | $710,000 |
| 2026-08-03 | Listed for sale | $710,000 |
| 2026-07-21 | Pending sale | $710,000 |
| 2026-07-16 | Listed for sale | $710,000 |
View on Zillow