616 Columbia Ave, Bridgeport, WA

Multi-family for Sale - $574,900 - 4,228 Sq. Ft.


Agent Info

Paul Harrison
Coldwell Banker Commercial Cascade

Property Info

CIMLS#1188102
Location
  616 Columbia Ave
  Bridgeport WA 98813
UpdatedFebruary 25th, 2026
TypeMulti-family
Price$574,900
Building4,228 Sq. Ft.

Property Description

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.


Financials