$629,000

4 Beds 2 Baths 1,800 SQFT 0.15 Acres
Type: Multi-Family

380 N Shore Court
Manson, WA 98831

MLS#: 2485400
Presented by: KW Frontline and NWMLS

Property Description

 

Investment Opportunity in Manson offering immediate income, established market rents, and long-term real estate value in the Lake Chelan Valley. This fully leased duplex currently generates $3,475 per month in gross rental income, providing an investor with steady cash flow from day one. With limited duplex and multi-family inventory in the Manson market, this property offers an opportunity to own an income-producing asset in an area where both rental demand and underlying real estate value support long-term ownership. Located on a quiet cul-de-sac just moments from the lake, downtown retail, grocery stores, restaurants, wineries, parks, and transit access, this turnkey, income-producing duplex offers a rare combination of location, flexibility, and immediate cash flow. Enjoy a 10-minute walk to Manson Bay Park, with easy access to waterfront recreation, community events, and the heart of downtown Manson. Each unit offers 900 sqft with 2 bedrooms and 1 bath, featuring vaulted ceilings, central heat and A/C, in-unit washer and dryer, private yard space, and off-street parking. These desirable amenities continue to attract and retain quality tenants. For owner-occupants, the opportunity is equally compelling. Live in one unit while rental income from the second unit helps offset ownership costs and build long-term equity. For investors or 1031 buyers, this Manson duplex delivers immediate income, a strong location, and long-term value.


 

Interior Features

Bedrooms

Bedrooms Upper0

Bathrooms

Baths Full Upper0
Baths Half Upper0
Baths Three Quarter Upper0

Other Interior Features

Air Conditioning Y/NYes
Fireplace Y/NNo
FlooringVinyl Plank
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces0
Total Stories1

General

Building Area Units0 sqft
Cap Rate5.22
Carport Spaces0
Carport Y/NNo
CityManson
CoolingCentral Air
CountyChelan
DirectionsFrom Chelan, take Hwy 150 to Manson. Turn Right on N Quetilquasoon Rd. Turn Left onto N Shore Ct. Duplex on your right.
Electric Expense0
Elementary SchoolBuyer To Verify
Fuel Expense0
Garage Spaces0
HOANo
HOA Fee$0
HeatingForced Air, Heat Pump
High SchoolBuyer To Verify
High School DistrictManson
Insurance Expense1580
Leasable Area1,800 sqft
Listing TermsCash, Conventional, FHA
Living Area0 sqft
Lot Size Square Feet6,534 sqft
Lot Size UnitsSquare Feet
MLS Area961 - Lake Chelan
Middle/Junior High SchoolBuyer To Verify
NWM_ShowMapLinkY
Net Operating Income32909
New ConstructionNo
Number Of Units Total2
PossessionSee Remarks, Subject To Tenant Rights
Possible UseMulti-Family, Residential
Property ConditionGood
Property Style52 - Duplex
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksInvestment Opportunity in Manson offering immediate income, established market rents, and long-term real estate value in the Lake Chelan Valley. This fully leased duplex currently generates $3, 475 per
RoofComposition
Security FeaturesPartially Fenced
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameManson
Tax Annual Amount$3,555
Tax Year2025
Units Below Gradefalse
Units In Building Total2
ViewMountains, Territorial
Water Sewer Garbage3373
Year Built1995
Zoning DescriptionMulti-Family, Residential

Exterior

Building Area Total1,800 sqft
Covered Spaces0
Exterior AmenitiesWood, Wood Products
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Dimensions6534
Lot FeaturesCul-De-Sac, Dead End Street, Paved
Lot Size Acres0.15
Parking Uncovered Total4
Site FeaturesFenced-Partially, High Speed Internet
Total Parking4
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Schools 

High School Buyer To Verify High School
Middle School Buyer To Verify Middle School
Elementary School Buyer To Verify Elementary School

  

Similar Properties

$629,000

4 Beds 2 Baths 1,800 SQFT 0.15 Acres
Type: Multi-Family

380 N Shore Court
Manson, WA 98831

MLS#: 2485400