Property Details
620 S Chelan Avenue
Wenatchee, WA 98801
$209,900
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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
