304 W 6th, Ellensburg, WA 98926

$479,999
2,744
SqFt

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Listing courtesy of Coldwell Banker Central.

List Price
$479,999
Status
ACTIVE
MLS#
2458294
Price Change
▼ $19,001 1782171461
Days on Market
236
Style
54 - 4-Plex
Building Condition
Good
Finished SqFt
2,744
Area Total SqFt
2744
Annual Tax Ammount
4278
Internet Provider
Light Curve or Spectrum
Lot Size (sq ft)
4,400
Sewer
Sewer Connected

Property Description

Investors, take note of this versatile property at 304 W 6th Ave, Ellensburg. This multi-unit building is located close to the vibrant Historic Downtown and local government offices. This investment boasts a total of four units—two spacious 2-bedroom units & two efficient studio units. Many recent updates, including contemporary kitchens that add significant value and appeal for tenants. Easy parking, enhancing convenience for residents. Zoned for Residential Office use, offering the flexibility of additional business usage in a high-demand area. For real estate investors looking to expand their portfolio in a solid market with growth potential, this listing is an ideal candidate.

Additional Information

List Date
2025-12-05 17:33:31
Community
Central Ellensburg
Net Operating Income
$37,422
Gross Adjusted Income
$29,400
Gross Scheduled Income
$46,200
Total Monthly Income
$3,840
Insurance Expenses
$1,920
Water/Sewer/Garbage Expenses
$1,860
Gross Rent Multiplier
17.99
Total Expenses
$9,978
Cap Rate
7.07
Vacancy Rate
25
Total Number of Units
4
Unit Name
304
Potential Terms
Cash, Conventional
Year Built
1968
View
Territorial
Roof
Metal
Electric Expenses
1200
Energy Source
Electric
School District
Ellensburg
Elementary School
Buyer To Verify
Middle School
Morgan Mid
High School
Ellensburg High
Total Monthly Income
$3,840
Gross Scheduled Income
$46,200
Vacancy Rate
25
Gross Adjusted Income
$29,400
Tax Year
2025
Insurance Expense
$1,920
W/S/G Expenses
$1,860
Total Expenses
$9,978
Net Operating Income
$37,422
Gross Rent Multiplier
17.99
Cap Rate
7.07
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.
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