225 W Highland Avenue, Chelan, WA 98816
- $1,275,000
- 3,956
- SqFt
Listing courtesy of Nick McLean Real Estate Group.
- List Price
- $1,275,000
- Status
- ACTIVE
- MLS#
- 2564062
- Days on Market
- 1
- Style
- 53 - Tri-plex
- Finished SqFt
- 3,956
- Area Total SqFt
- 3956
- Annual Tax Ammount
- 3497
- Lot Size (sq ft)
- 10,019
- Sewer
- Sewer Connected
Property Description
Rare opportunity to own a well maintained triplex in the heart of Lake Chelan, offering an exceptional investment opportunity or the flexibility to live in one unit while generating income from the other two. Ideally located just blocks from the crystal clear waters of Lake Chelan and the vibrant downtown district, this property provides easy access to boutique shopping, restaurants, tasting rooms, parks, and year round community events. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups, making them highly desirable for long term tenants. Residents and visitors alike will appreciate being just minutes from world renowned wineries and vineyards, championship golf, boat launches and marinas, hiking and biking trails, fishing, water sports, skiing at Echo Valley, and countless outdoor recreation opportunities that make the Lake Chelan Valley one of Washington's premier destinations. Whether you are looking to expand your investment portfolio, generate strong rental income, or offset your mortgage by occupying one unit while leasing the others, this is a versatile property in an unbeatable location.
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Additional Information
- List Date
- 2026-08-04 00:28:12
- Community
- Chelan
- Total Monthly Income
- $6,300
- Insurance Expenses
- $4,200
- Water/Sewer/Garbage Expenses
- $7,560
- Total Expenses
- $15,257
- Total Number of Units
- 3
- Unit Name
- 225
- Potential Terms
- Cash, Conventional
- Year Built
- 1976
- View
- Territorial
- Roof
- Metal
- Site Features
- High Speed Internet
- Energy Source
- Electric
- School District
- Lake Chelan
- Elementary School
- Buyer To Verify
- Middle School
- Buyer To Verify
- High School
- Buyer To Verify
- Total Monthly Income
- $6,300
- Tax Year
- 2026
- Insurance Expense
- $4,200
- W/S/G Expenses
- $7,560
- Total Expenses
- $15,257
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