Investment opportunity in downtown Kittitas w/ strong rental history.High visibility corner lot w/ multi-family 4 plex & add'l detached 2bed/1bath home w/ studio/shop.2 story 4 plex w/ all units having full kitchen, living & dining areas, & 1 bedroom/1 bath.Building has a utility room w/ coin-op w/d, 4 carports, fenced backyard, & 2 storage areas.Upper floor units w/covered decks w/ views of surrounding hills, & 1 unit w/ mini-split.House features freestanding gas stove, w/d, d/w, walk-in closet, separately fenced yard, & garden space. Across the street from the Kittitas Cafe, walking distance to schools, grocery, parks, Post Office, library, & easy access to the Palouse Cascade Trail & I-90.Approx. 10 minutes to Ellensburg & CWU.
Opportunity to purchase a 4,800 square foot mixed-use building located at 116 S Main Street in Kittitas. The 100% occupied, 4-unit property features two 1200 sqft commercial units on the ground floor, and two 1,200 sqft apartments upstairs. Built in 2008, and priced well-below replacement cost, this newer construction property will provide an investor with stable cash flow at a low-cost basis. Alternatively, it would be a great opportunity to own and occupy 1 of the units with owner-occupied financing.
The median home value in Kittitas, WA is $277,000. This is lower than the county median home value of $488,000. The national median home value is $338,100. The average price of homes sold in Kittitas, WA is $277,000. Approximately 59.58% of Kittitas homes are owned, compared to 34.84% rented, while 5.58% are vacant. Kittitas real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kittitas real estate agent to arrange a tour today!
Kittitas, Washington has a population of 1,394. Kittitas is less family-centric than the surrounding county with 22.61% of the households containing married families with children. The county average for households married with children is 30.04%.
The median household income in Kittitas, Washington is $56,908. The median household income for the surrounding county is $64,134 compared to the national median of $69,021. The median age of people living in Kittitas is 32.1 years.
The average high temperature in July is 84.2 degrees, with an average low temperature in January of 23.1 degrees. The average rainfall is approximately 9 inches per year, with 21.2 inches of snow per year.