Property Details
106 & 108 W Pleasant Avenue , Cashmere, WA 98815
Cashmere, WA 98815
$476,390
Pending Feasibility
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About This Home
Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 access—perfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1,900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Pending Feasibility
County
Chelan
Neighborhood
Cashmere
Listed
Jul 22, 2025
Original Price
$545,000
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.59 sqft
Parking
Garage
Sewer
Available
Water Source
Available
Utilities
Electricity Connected
Lot Features
Dead End Street, Paved
Location
City
Cashmere
County
Chelan
Coordinates
47.52386, -120.47078
Schools
School District
Cashmere
Elementary School
Vale Elem
Middle School
Cashmere Mid
High School
Cashmere High
Additional Information
Tax Year
2025
Annual Taxes
$1,599
Possession
Array
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Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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