Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4,064 sq ft property features three larger-than-average rental units (864, 1,600 & 1,600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan’s most desirable areas.
Listing Provided Courtesy of Guy Evans, Guy Evans Lake Chelan Real Est
General Information
NWM2428172
Multi Family
3
DOM
8712 SqFt
4064
1960
Residen
Chelan
Residential Incom
Multi Family
Listing Provided Courtesy of Guy Evans, Guy Evans Lake Chelan Real Est
Krishna Realty data last checked: Sep 06, 2025 20:45 | Listing last modified Sep 03, 2025 15:42,
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Residence Information
4064
Composition
53 - Tri-plex
1960
Poured Concrete
Features and Utilities
Brick, Wood
Public
Sewer Connected
0
Financial
3099
Cash Out, Conventional
09-03-2025
Comparable Information
3
3
Cash Out, Conventional
$895,000
$895,000
Sep 03, 2025 15:42
Schools
Map
Listing courtesy of Guy Evans Lake Chelan Real Est.
Rare downtown Chelan triplex offering solid investment potential! Neat and tidy with a low-maintenance brick exterior, this 4,064 sq ft property features three larger-than-average rental units (864, 1,600 & 1,600 sq ft), each with its own washer/dryer and updated baths. A small lake view enhances the upstairs unit. A two garage bay, 864 sf basement storage area could create added revenue. Bonus side lot offers future condo development possibilities. Prime location just blocks from the lake, dining, and shopping. With a projected 5.4% cap rate with market rents (buyer to verify), this is a strong income property in one of Chelan’s most desirable areas.
