106 & 108 W Pleasant Avenue

Cashmere, WA 98815

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built:

  • Status: Active

$545,000

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106 & 108 W Pleasant Avenue

Cashmere 98815

$545000

  • Bed

  • Bath

  • 0 SqFt

  • 1 DOM

  • Built:

  • Status: Active

Krishna Regupathy

Principal Broker

(503) 893-8874

Rare Multifamily Development Opportunity in Cashmere! Two adjacent parcels totaling 0.59 acres (Parcel #s: 231904790055 & 231904790005) with zoning that allows up to 12 total units—two 4-plexes on the larger parcel and one 4-plex on the smaller. Excellent location with easy access to Hwy 2 & Hwy 97 for commuting. Nearby 4-plex units rent for approx. $1,900/month, offering strong income potential. Based on stabilized rents and a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. One of the last build-ready multifamily sites in this high-demand area—don't miss this investment opportunity!

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