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Listed by Owen Johnson • Kelly Right RE of Seattle LLC.
FOR SALE

$1,350,000

Est. $7,478/mo

Price reduced $200,000 from the original $1,550,000 asking price

3,074 sq ft

1112 Commercial Street, Leavenworth, WA 98826

• Listed Feb 6, 2026•104 days active · 104 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Kelly Right RE of Seattle LLC; Owen Johnson; 425-750-4391; owen@propertyfinderz.com

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Listing Broker: Kelly Right RE of Seattle LLC; Owen Johnson; 425-750-4391; owen@propertyfinderz.com

About this home

Turnkey downtown Leavenworth Bed & Breakfast grossing ~$200k annually with proven, verifiable income. Operated as three independent booking units: main level commercial lounge space with attached private owner or guest suite and half bath, upper level features three spacious lock off bedrooms, each with full en suite bathroom and shared kitchen, living and deck areas, lower level is a fully separate one bedroom apartment with private entrance, full kitchen and living room. Prime Front Street location steps from shops, restaurants and festivals. Completely furnished turnkey sale includes all furniture, décor, linens and established bookings. Ideal live in owner opportunity. Full financials with NDA. Rare high cash flow opportunity!

Property type
Single Family
Year built
1907
Interior
3,074 sq ft
Lot size
0.16 acres
Parking
None
Price / sq ft
$439
HeatingWall Furnace
CoolingWall Unit(s)
Property taxes$5,180/yr (est.)
School districtCascade

Listed by Owen Johnson • Kelly Right RE of Seattle LLC

Listing updated: September 17, 2026 at 11:32am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2477475

Around this home

RexMont OfferEdge™

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1112 Commercial Street, Leavenworth, WA 98826

List price
$1,350,000
Down payment
$270,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Layout

  • 5-9 Units

Heating & cooling

  • Wall Furnace heating
  • Wall Unit(s) cooling

Schools

Ratings via SchoolDigger

Cascade School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Multi-family facts

As entered by the listing broker on Northwest MLS

Units

Units in building
5
Units below grade
true
Building square feet
3,074 sq ft

Income & expenses

Gross scheduled income
$200,000
Total monthly income
$16,000
Additional monthly income
$16,000
Gross adjusted income
$200,000
Net operating income
$127,120
Cap rate
7.97%
Gross rent multiplier
7.98
Vacancy rate
15%
Total expenses
$42,880
Insurance
$6,800
Electric
$8,200
Other expenses
$18,500
Water / sewer / garbage paid by
4200

Parking & storage

Parking spaces
8
Uncovered parking
6
Covered spaces
2

Taxes & assessment

Annual taxes
$5,180
Tax year
2025
Financing
Cash, Conventional

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

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Mortgage payment forecast

$8,248 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Kelly Right RE of Seattle LLC; Owen Johnson; 425-750-4391; owen@propertyfinderz.com

Market pulse

Leavenworth is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Sellers are often willing to negotiate on price and terms.

  • List to sale price: The average home sells for about 2% below list price.

  • Time on market: The average home goes pending in around 99 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $280,000 Sold

    5 weeks ago

    •Single Family

    230 Benton Street, Leavenworth, WA 98826

    3%

    Under list

    67

    Days on market

    0.5 mi

    Distance

  • $150,000 Sold

    6 weeks ago

    •Single Family

    633 Front Street #C, Leavenworth, WA 98826

    40%

    Under list

    161

    Days on market

    0.4 mi

    Distance

  • $505,000 Sold

    7 weeks ago

    2 bd•1.5 ba•~1,802 sq ft•Single Family

    210 Prospect St, Leavenworth, WA 98826

    1%

    Over list

    46

    Days on market

    0.7 mi

    Distance

  • $756,000 Sold

    2 months ago

    3 bd•1.75 ba•~1,608 sq ft•Single Family

    137 W Center Street, Leavenworth, WA 98826

    1%

    Over list

    22

    Days on market

    0.6 mi

    Distance

  • $450,000 Sold

    2 months ago

    3 bd•1 ba•~984 sq ft•Single Family

    520 Ash, Leavenworth, WA 98826

    10%

    Under list

    66

    Days on market

    0.2 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 17, 2026 at 11:32am (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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