For Sale49d on market
616 Columbia Avenue
Bridgeport, WA, 98813 • 98813 • Douglas County
$525,000
$124/sqft
-$49,900 since Apr 10, 2026
7Beds
7Baths
4,228Sqft
0.42 acLot
1951Built
Property DNA
5-9 Units Style
Built 1951 · 75 years of history
Bridgeport
98813
This home is getting attention
Listed 49 days ago · 327 views · 15 saves
Market activity
Demand and pricing signals for this listing
327 views
People checking out this listing
15 saves
Buyers have saved this home
49 days on market
Established listing
$124/sqft
Price per square foot
About this home
Multi Family · Built 1951
Multifamily Investment Opportunity in Bridgeport with solid financials. Currently fully rented, this recently remodeled seven-unit apartment complex offers impressive returns with a strong 9.8% Net Cap Rate and tremendous 7.75% Gross Rent Multiplier! New improvements include a brand new TPO roof, interior remodels to units, and new exterior paint. Low operating costs and cheap utilities make this a high-efficiency investment. With the building totaling 4,228 square feet of one-level living, this property also features a shared laundry room and large backyard which includes a versatile 416 square foot shop for storage or additional income. Located in a central area of Washington with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside. **Seller Financing Available** With reasonable financing terms from the Seller, you can acquire this great income-producing property AND keep the mortgage off your books, bureaus, ratios, etc. Leases and Financials available upon request.
Standout features identified
Our analysis highlights large backyard, shared laundry room, and new exterior paint as key attractions of this home.
Estimated monthly payment
Based on current rates
$3,251/month
Principal & Interest$2,551
Property Tax$525
Insurance$175
Down payment20% ($105,000)
3%50%
Est. 6.12% rate · 30yr fixed · $420,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1951
HeatingWall Furnace, Electric
CoolingWindow Unit(s)
Parking12 Parking spaces
Days on Zillow49 Days
Price/sqft$124
Property
Home typeMulti Family
Sub-typeMulti Family
Style5-9 Units
ConditionUpdated/Remodeled
Year built1951
Systems
HeatingWall Furnace, Electric
CoolingWindow Unit(s)
RoofSee Remarks
ConstructionStucco
Water / SewerPublic, Company: City of Bridgeport / Sewer Connected, Company: City of Bridgeport
Parking & Outdoor
Lot0.42 Acres
Location & Tax
Neighborhood98813
Annual tax$1,850
Parcel00202700700
Features & details
4 categories of property features
Interior Features
Flooring
Vinyl Plank
Heating
Wall Furnace
Electric
Cooling
Window Unit(s)
Exterior Features
Construction
Stucco
Listing insights
Market data and value estimates
StatusFor Sale
Days on market49
Est. value$538,100
Est. rent$1,708/mo
Tax rate0.79%
Price/sqft$124
On marketOct 6, 2025
PostedFeb 25, 2026
MLS statusActive
MLS updatedApr 10, 2026
Tour days9
Views327
Favorites15
How are the schools in Bridgeport?
3 schools rated nearby
Location
Bridgeport, WA, 98813
Price history
2 events
DateEventPrice$/sqftSource
Apr 10, 2026Price Change$525,000$124NWMLS as distributed by MLS GRID
Feb 25, 2026Listed For Sale$574,900$136NWMLS as distributed by MLS GRID
Price Change$525,000
Apr 10, 2026•$124/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$574,900
Feb 25, 2026•$136/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Bridgeport, WA • Douglas County
Nearby cities
BrewsterBridgeportCoulee CityEast WenatcheeGrand CouleeMansfieldOrondoPalisades
Nearby zip codes
9881398830
Based on information submitted to the MLS GRID as of 2026-04-14 19:14:34 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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