Multi-Family $ 419,900

1900 -1902 N Regal ST

Ellensburg, WA 98926

  • 4 Beds
  • 2 Baths
  • 1,622 SqFt
  • 7,841 Lot Size
  • 1988 Year Built
Excellent investment opportunity near Central Washington University! This well-maintained duplex generates $2,500 per month in gross rental income and offers a proven history of consistent occupancy with low tenant turnover. Each unit features 2 bedrooms, 1 bathroom, in-unit laundry, a single-car garage, and a large private yard space that has been a major draw for tenants.Tenants pay all utilities and are responsible for yard maintenance, helping keep operating expenses low. Recent improvements include a new water line for Unit 1902 (2025), roof overlay, and new flooring and carpet in Unit 1900. Located in a neighborhood comprised primarily of duplex properties and bordered by Mercer Creek. Current flood insurance premium is approximately $410 per year.With stable cash flow already in place, this property presents an attractive opportunity for investors seeking value-add potential through future rent increases, cosmetic improvements, and possible reconfiguration of existing garage space, subject to buyer verification and applicable regulations. A solid income-producing asset with desirable tenant amenities, strong rental history, and potential for future appreciation and income growth.
Listed by Coldwell Banker Central

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Multi Family

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1, 622 sqft

    Price per Sqft $258

    Subdivision 18Th/Ellensburg

    MLS Listing ID 2543194

    Style 52 - Duplex

    Bedrooms 4

    Year Built 1988

    Annual Tax Amount $3,614

    Lot Size 7,841 Sqft

    Property Sub-Type Multi Family

  • Location

    State WA

    County Kittitas

    Area 949 - Lower Kittitas County

  • Building

    Lot Description Curbs, Paved, Sidewalk

    Sewer Sewer Connected

    Water Public

    New Construction No

  • Interior

    Flooring Laminate, Vinyl, Carpet

    Fireplace false

  • Exterior

    Exterior Feature Wood, Wood Products

    Garage Spaces 2.0

    Amenities Available Cable TV, Patio

    Waterfront Description Creek

    View Y/N No

    Roof Type Composition

  • Schools

    Elementary Schools Buyer To Verify

    Middle Schools Buyer To Verify

    High Schools Buyer To Verify

    School District Ellensburg

  • Others

    Senior Community No

    Acceptable Financing Cash, Conventional, FHA, VA Loan

    Listing Terms Cash, Conventional, FHA, VA Loan

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CONTACT

Michelle Castle

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