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Provided by NWMLS, Listed by Steve Fischer, 425-830-2254 at Northmarq Multifamily, LLC
16,000 sqft

$2,750,000

120 N Miller Street, Wenatchee WA, 98801

Price per sqft$171.88
Built in1984
Property size16,000 sqft
Property typeMulti-family

Overview

Active

Updated 15h ago

We are pleased to present Miller's Edge, a 14-unit multifamily portfolio in central Wenatchee spread across five separate parcels: three duplexes at 120, 210 and 214 N Miller St (210 and 214 are adjacent) and two adjacent fourplexes at 314 and 320 N Emerson Ave. Built between 1984 and 1988, the portfolio offers spacious two-bedroom floorplans, with eight 2 bed/1 bath units of approximately 1,000 to 1,200 SF and six 2 bed/1.5 bath units of approximately 1,200 SF, totaling approximately 16,000 net rentable SF, plus 14 carport spaces.The portfolio is 100% occupied and offered at $2,750,000 (approx. $196,000 per unit and $172 per SF), a 5.98% in-place cap rate and 9.75 GRM. Current rents average approximately $1,679 per unit against market rents of approximately $1,744, and a utility bill-back (RUBS) program offers additional income upside.Centrally located with convenient access to regional employment centers, schools, retail amenities and outdoor recreation, the properties benefit from Wenatchee's limited housing supply and steady rental demand. Sale is by a court-appointed receiver and subject to court approval.

$18,296/mo

Est. mortgage payment based on a $2,750,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
2598658

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.91 Acres

Other Property Details

Taxes
$19,469
Tax Frequency
Annually
View
Yes
55+/Senior Community
No
MLS provider logo

Provided by NWMLS, Listed by Steve Fischer, 425-830-2254 at Northmarq Multifamily, LLC

The IDX display presents information sourced from the Northwest Multiple Listing Service as of 10/29/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified. Based on information submitted to the MLS GRID as of 10/29/2026 at 3:21 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.

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Data last updated on 10/29/2026 at 3:21 PM UTC 

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