Mountain Homes Realty
Enter City, Zip or MLS

106 & 108 pleasant

Cashmere, WA 98815

0.58 AC LOT
Land - Residential
Image 1
Acreage 0.59
Status Off Market
MLS # 2410907
County Chelan
More Info
Category Land - Residential
Status Off Market
Acreage 0.59
MLS # 2410907
County Chelan
Opportunity rings in Cashmere! Two adjacent parcels totaling 0.59 acres offer multi-family zoning for up to 12 units, ideal for long-term or short-term rentals in this high-demand area. Current storage facility provides immediate income with room to expand on the vacant lot, creating strong cash flow potential. Excellent location with easy Hwy 2 & Hwy 97 access—perfect for travelers and tenants alike. Nearby 4-plex units rent for approx. $1,900/month, and with a 6.5% cap rate, the projected value of a completed 12-unit development exceeds $2.8M. Build, expand storage, or combine both strategies for maximum return!
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Exterior Features

  • Construction Land
  • Garage Yes
  • Garage Description Garage
  • Water Available
  • Sewer Available
  • Lot Dimensions 150' Frontage 173' Depth
  • Lot Description Dead End Street, Paved

Neighborhood & Schools

  • Subdivision Cashmere
  • Elementary School Vale Elem
  • Middle School Cashmere Mid
  • High School Cashmere High

Financial Information

  • Parcel ID 231904790055
  • Zoning Multi-Family,Residential

Listing Information

Properties displayed may be listed or sold by various participants in the MLS.