Active · Residential Income

225 W Highland Avenue , Chelan, WA 98816

Chelan, WA 98816

$1,275,000

— bedrooms · — bathrooms · 0 sq ft

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Listing provided by Nick McLean Real Estate Group · MLS #2564062 · Active

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About this property

Rare opportunity to own a well maintained triplex in the heart of Lake Chelan, offering an exceptional investment opportunity or the flexibility to live in one unit while generating income from the other two. Ideally located just blocks from the crystal clear waters of Lake Chelan and the vibrant downtown district, this property provides easy access to boutique shopping, restaurants, tasting rooms, parks, and year round community events. Each of the three spacious units features 3 bedrooms, 1.5 bathrooms, and convenient laundry hookups, making them highly desirable for long term tenants. Residents and visitors alike will appreciate being just minutes from world renowned wineries and vineyards, championship golf, boat launches and marinas, hiking and biking trails, fishing, water sports, skiing at Echo Valley, and countless outdoor recreation opportunities that make the Lake Chelan Valley one of Washington's premier destinations. Whether you are looking to expand your investment portfolio, generate strong rental income, or offset your mortgage by occupying one unit while leasing the others, this is a versatile property in an unbeatable location.

Property details

Property type: Multi Family
Year built: 1976
Lot size: 10,019 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $3,497 (2026)
Parking spaces: 7
School district: Lake Chelan

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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