$2,750,000
Est. $14,904/mo16,000 sq ft
120 N Miller Street, Wenatchee, WA 98801
• Listed Oct 27, 2026•13 days active · 13 cumulative
Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com
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Listing Broker: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com
About this home
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.
Listed by Steve Fischer • Northmarq Multifamily, LLC
Listing updated: October 28, 2026 at 02:53pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2598658
Around this home
How much should you offer?
120 N Miller Street, Wenatchee, WA 98801
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
- Duplex
Heating & cooling
- Forced Air heating
- Forced Air cooling
Schools
Ratings via SchoolDiggerWenatchee School District
- Lewis And Clark Elementary SchoolPublic · Grades K-5 · State rank 1,057 of 1,1381/10
- Foothills Middle SchoolPublic · Grades 6-8 · State rank 198 of 5146/10
- Wenatchee High SchoolPublic · Grades 9-12 · State rank 286 of 3962/10
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
- Total units
- 14
- Units in building
- 14
- Units below grade
- false
- Building square feet
- 16,000 sq ft
Income & expenses
- Gross scheduled income
- $282,120
- Total monthly income
- $23,843
- Additional monthly income
- $200
- Gross adjusted income
- $272,008
- Net operating income
- $164,356
- Cap rate
- 5.98%
- Gross rent multiplier
- 9.75
- Vacancy rate
- 5%
- Total expenses
- $107,652
- Insurance
- $10,150
- Other expenses
- $54,493
- Water / sewer / garbage paid by
- 23540.63
Parking & storage
- Parking spaces
- 14
- Covered spaces
- 14
Taxes & assessment
- Annual taxes
- $19,469
- Tax year
- 2026
- 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
Read from public hazard, flood, terrain and noise maps for this exact home.
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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Sales & Tax Records for 120 N Miller Street
NWMLS via MLS Grid · Chelan County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 27, 2026ListedNWMLS via MLS Grid · #2598658$2,750,000$172/sq ft
- Apr 27, 2022Recorded saleChelan County recorder$3,350,000$209/sq ft
Mortgage payment forecast
$17,214 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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: Northmarq Multifamily, LLC; Steve Fischer; 425-830-2254; sfischer@northmarq.com
Market pulse
Wenatchee is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 89 days.
Recent sales nearby
Within 1 mile · last 6 months$549,000 Sold
4 days ago
4 bd•1.75 ba•~3,094 sq ft•Single Family
1216 4th Street, Wenatchee, WA 98801
0%
Over list
54
Days on market
0.4 mi
Distance
$305,000 Sold
4 days ago
1 bd•1 ba•~762 sq ft•Single Family
1101 8th Street, Wenatchee, WA 98801
3%
Under list
49
Days on market
0.5 mi
Distance
$370,000 Sold
4 days ago
3 bd•2 ba•~1,200 sq ft•Single Family
760 Sunset Avenue, Wenatchee, WA 98801
10%
Under list
97
Days on market
0.4 mi
Distance
$440,000 Sold
5 days ago
3 bd•2 ba•~1,202 sq ft•Single Family
1313 Welch Avenue, Wenatchee, WA 98801
5%
Under list
54
Days on market
0.9 mi
Distance
$410,000 Sold
2 weeks ago
3 bd•1 ba•~1,073 sq ft•Single Family
1235 Columbine Street, Wenatchee, WA 98801
1%
Under list
48
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 10:06 AM PT (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.
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