Property Details
225 W Highland Avenue
Chelan, WA 98816
$1,275,000
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Property Overview
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.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Chelan
Neighborhood
Chelan
Listed
Aug 3, 2026
Structure Type
Triplex
Parcel Number
272212590392
Tax & HOA
Annual Property Tax
$3,497 (2026)
Est. Monthly Tax
$291/mo
Financial Summary
Total Expenses
$15,257
Building & Use
Building Sq Ft
3,956
Leasable Area
3,956 sqft
Total Units
3
Zoning
Residential
Possible Use
Residential
Lot Size
10,019 sqft
Year Built
1976
Exterior & Lot
Lot Size
0.23 sqft
Year Built
1976
Exterior Materials
Wood
Sewer
Sewer Connected
Water Source
Public
Lot Features
Alley, Paved
Exterior Features
Wood Products
Community & Access
Directions
From HWY 150 go west onto W Highland Ave. Property on the right.
Location
City
Chelan
County
Chelan
Coordinates
47.84543, -120.02115
Additional Information
Tax Year
2026
Annual Taxes
$3,497
Possession
Array
Based on information submitted to the MLS GRID as of August 4, 2026 12:30 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
