Bridgeport, WA 98813 616 Columbia Avenue # 7
$679,000
25 more
Presented By: CB Cascade – Winthrop and NWMLS
- MLS# 2425895
- 08/27/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 4,228
Home Details
Exceptional Investment Opportunity with solid financials– Multifamily in Bridgeport. Recently updated 7-unit, single-story apartment complex offering strong returns with an approaching 10% cap rate. Low operating costs and low utilities make this a high-efficiency investment! Built in 1951 and totaling 4,228 sq ft property features a shared laundry room, metal roof and gracious size yard including a versatile 416 sq ft shop for storage or added income. Located in a central area with stable rental demand. Ideal for investors seeking reliable cash flow and long-term upside.
Presented By: CB Cascade – Winthrop and NWMLS
Interior Features for 616 Columbia Avenue # 7
Bedrooms
Bedrooms Possible0
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories1
General for 616 Columbia Avenue # 7
AmenitiesSee Remarks
Building Area UnitsSquare Feet
Cap Rate9.3
Carport Spaces
Carport Y/NNo
CityBridgeport
CoolingNone
CountyDouglas
DirectionsGPS maps accurately.
Electric Expense1182
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High School DistrictBridgeport
Insurance Expense5751
Leasable Area4228
Listing TermsCash Out, Conventional, Owner Financing
Lot Size Square Feet18295
Lot Size UnitsSquare Feet
MLS Area968 – Bridgeport
ModificationTimestamp2025-09-02T17:44:11.859Z
NWM_ShowMapLinkY
Net Operating Income63483
New ConstructionNo
Number Of Units Total1
Open Parking Spaces7
PossessionClosing
Possible UseMulti-Family, Residential
Property Style55 – 5-9 Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksExceptional Investment Opportunity with solid financials Multifamily in Bridgeport. Recently updated 7-unit, single-story apartment complex offering strong returns with an approaching 10% cap rate. Lo
RoofMetal
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameBridgeport
Tax Annual Amount1471
Tax Year2025
Unit Number7
Units Below Gradefalse
Units In Building Total7
Water Sewer Garbage9744
Year Built1951
Zoning DescriptionMulti-Family, Residential
Exterior for 616 Columbia Avenue # 7
Building Area Total4228
Covered Spaces
Exterior AmenitiesStucco
Foundation DetailsPoured Concrete
Irrigation Water Rights Y/NNo
Lot Size Acres0.42
Parking Uncovered Spaces7
Total Parking7
Waterfront Y/NNo
Additional Details
Price History
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