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Alaskan Apartments

$929,000

1014 Main Street, Oroville, WA 98844

Active
Last Updated: 11/20/2025

9

Cap Rate

97,696

NOI

Details:
Cap Rate:    9%
NOI:    $97,696
Building Size:    5,198 sqft
Lot Area:    0.514 acres
Year Built:    1906
Zoning:    City
MlsNumber:    2340031
Highlights:
  • Annual Tax: $ 4477.0
  • Gross Income: $ 139200.0
  • Flooring: Wall to Wall Carpet
  • Age: Over 50 Years Old
  • Exterior Description: Cement Siding
  • Lot Size: 1/2 - 1 Acre
  • Sewer: City
  • Water: City Water
Description:

Located right on main street. Heading south on Y it is directly on the right.

Own a Piece of Oroville’s Historic Charm – Prime Investment Opportunity! The Alaskan Apartments feature 12 updated rental apartments and 2 cozy cabins. The property spans three parcels, offering outdoor space for tenants to enjoy, and is located just a few blocks from grocery stores, shops, restaurants, schools, and more. Each apartment has been carefully updated, with private bathrooms adding extra appeal. The expansive outdoor areas are a rare feature for a rental property like this. With strong demand for rentals and steady income potential, this property is a solid investment. The three-parcel setup also offers future development opportunities to increase value. Parcels: 2040560900, 2040561101, 2040561200.


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Listing ID: 7e62db3f-2ae2-4c54-b100-900069b85b4b
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