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Listed price in listed location currency (USD).
$850,000

001

MLS® 2428172

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage No
Taxes $3,099
Days Active 93
Lot Size 0.2 acres
Approx. Age 1960
MLS® Number 2428172

Property Address: 404 S 3rd St, Chelan, WA, 98816-9300

Average square foot calculated using Size range provided by listing agent.

Description

Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4, 064 sq ft property features three larger-than-average rental units (864, 1, 600 & 1, 600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan’s most desirable areas.
MLS® Number2428172
Laundry Level
Central VacNo
FireplaceNo
Acreage0.2
Exterior
GarageNo
Approx. Age1960
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 3, 2025List Date
$850,000List Price
  • Commute

Commute

Starting Address
Destination Address
404 S 3 Rd St, Chelan, WA

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