319 S Tonasket Avenue, Tonasket, WA 98855
- $998,000
- 6,920
- SqFt
Listing courtesy of CB Cascade - Oroville.
- List Price
- $998,000
- Status
- ACTIVE
- MLS#
- 2432908
- Price Change
- ▼ $102,000 1770948197
- Days on Market
- 316
- Style
- 56 - 10+ Units
- Building Condition
- Good
- Finished SqFt
- 6,920
- Area Total SqFt
- 6920
- Annual Tax Ammount
- 4072
- Lot Size (sq ft)
- 17,500
- Sewer
- Sewer Connected
Property Description
Well cared for 11-unit apartment complex in Tonasket. The property has recently been given a fresh coat of exterior paint, giving it a clean look from the street. Inside, most units have been updated over time, while each apartment includes its own window A/C unit to keep tenants comfortable during the summer months. The complex shows pride of ownership with consistent maintenance, making it an easy property to step into and manage. It offers reliable rental income today with room for future improvements if a new owner chooses. Multi-unit opportunities like this are not often available in the Tonasket area, making this a solid investment with both stability and potential.
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Additional Information
- List Date
- 2025-09-15 22:10:26
- Community
- Tonasket
- Net Operating Income
- $59,925
- Gross Adjusted Income
- $106,200
- Gross Scheduled Income
- $106,200
- Total Monthly Income
- $16,200
- Insurance Expenses
- $12,328
- Water/Sewer/Garbage Expenses
- $15,474
- Gross Rent Multiplier
- 10.36
- Total Expenses
- $46,274
- Cap Rate
- 5.4
- Vacancy Rate
- 18
- Total Number of Units
- 11
- Unit Name
- 319 S
- Potential Terms
- See Remarks
- Year Built
- 1967
- View
- City, Ocean
- Roof
- Composition
- Electric Expenses
- 1560
- Other Expenses
- 12840
- Energy Source
- Electric
- School District
- Tonasket
- Elementary School
- Tonasket Elem
- Middle School
- Tonasket Mid
- High School
- Tonasket High
- Total Monthly Income
- $16,200
- Gross Scheduled Income
- $106,200
- Vacancy Rate
- 18
- Gross Adjusted Income
- $106,200
- Tax Year
- 2025
- Insurance Expense
- $12,328
- W/S/G Expenses
- $15,474
- Total Expenses
- $46,274
- Net Operating Income
- $59,925
- Gross Rent Multiplier
- 10.36
- Cap Rate
- 5.4
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.