Property Details

620 S Chelan Avenue
Wenatchee, WA 98801
$209,900
MLS# 2535556 courtesy of NWMLS Listing firm: RE/MAX Advantage

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620 S Chelan Avenue , Wenatchee, WA 98801, Wenatchee

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620 S Chelan Avenue , Wenatchee, WA 98801, Wenatchee

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Multi-Family
Property Type
704
Bldg Sq Ft
2
Units
1926
Year Built

Property Overview

INVESTMENT OPPORTUNITY! Property features two homes on one lot. The front home offers 2 bedrooms and 1 bathroom with updated electrical and is currently rented for $650 per month, providing immediate income potential. The second home at 620 1/2, 1 bedroom 1 bath built in 1950's – it did experienced a fire in 2026 and is ready for a new owner to restore, renovate, or reimagine. Great opportunity for investors, contractors, or buyers looking to add value and build equity. Bring your vision and explore the possibilities! Convenient location close to schools, shopping, and downtown Wenatchee amenities. Residential Mixed Use District (RMU) zone promotes primarily residential development with some supportive, small-scale commercial uses while keeping a neighborhood feel. Uses: Chapter 10.20 Purpose: The residential mixed use land use classification is a district suited to residential activities from single-family to high-intensity multifamily configurations. Limited commercial activities are allowed at a scale and intensity that maintain the residential scale and character of the neighborhood while providing for a mix of supportive uses.

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Active
County Chelan
Neighborhood Wenatchee
Listed Jun 5, 2026
Structure Type Duplex
Parcel Number 222010815532

Tax & HOA

Annual Property Tax $2,179 (2026)
Est. Monthly Tax $182/mo

Financial Summary

Net Operating Income $7,800
Gross Scheduled Income $7,800
Total Expenses $2,179
Vacancy Rate 50.0%

Building & Use

Building Sq Ft 704
Leasable Area 1,024 sqft
Total Units 2
Zoning Commercial,Office,Residential,See Remarks
Possible Use Commercial, Office, Residential, See Remarks
Lot Size 6,534 sqft
Year Built 1926

Exterior & Lot

Lot Size 0.15 sqft
Year Built 1926
Exterior Materials Wood
Sewer Sewer Connected
Water Source Public
Exterior Features Wood, Wood Products

Community & Access

Directions GPS works to this home, off of N Chelan Ave, after Spokane St, N Chelan has a small Y stay to the right and 616 S Chelan St will be on your Right.

Location

City Wenatchee
County Chelan
Coordinates 47.41542, -120.30731

Additional Information

Tax Year 2026
Annual Taxes $2,179
Possession Array
Listed By
Ashley Stanaway
RE/MAX Advantage

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