Property Details
57 Katalpa Lane
Manson, WA 98831
$1,350,000
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Property Overview
Exceptionally well maintained investment property featuring a 4 plex plus an additional one bedroom standalone loft apartment. above a spacious two-car garage/shop. Perfectly positioned to capture breathtaking 180-degree views of Lake Chelan and Wapato Point, this property offers an outstanding combination of location, quality and income potential. Every unit has been renovated within the past 4 years and is complimented by a newer roof and updated HVAC systems, providing peace of mind for years to come. Each fourplex apartment features its own fireplace, large covered deck with panoramic lake views and a dedicated 2 space carport,creating an attractive living environment for tenants. Located just minutes from downtown Manson, residents enjoy convenient access to restaurants, shopping, wineries, community parks, boat launches, and public swimming areas. Whether you're seeking a premium income -producing property or a long tern investment in the heart of the Lake Chelan Valley, this exceptional offering is a rare opportunity.
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
Chelan
Neighborhood
Manson
Listed
Aug 11, 2026
Structure Type
Multi Family
Parcel Number
282136742010
Tax & HOA
Annual Property Tax
$6,776 (2026)
Est. Monthly Tax
$565/mo
Financial Summary
Cap Rate
0.06%
Net Operating Income
$86,043
Gross Scheduled Income
$99,600
Gross Rent Multiplier
13.50
Total Expenses
$18,613
Building & Use
Building Sq Ft
3,298
Leasable Area
6,600 sqft
Total Units
6
Lot Size
33,977 sqft
Year Built
1997
Exterior & Lot
Lot Size
0.78 sqft
Year Built
1997
Garage
2 spaces
Exterior Materials
Wood
Sewer
Sewer Connected
Lot Features
Dead End Street, Paved
Exterior Features
Wood Products
Community & Access
Directions
From Manson turn north onto Green Ave to Katalpa Ln. Turn right, units at end of dead end driveway.
Location
City
Manson
County
Chelan
Coordinates
47.88530, -120.14642
Additional Information
Tax Year
2026
Annual Taxes
$6,776
Possession
Array
Based on information submitted to the MLS GRID as of August 11, 2026 9:45 PM. 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.
